Saturday, February 26, 2011

Santelli compares budget crisis to 9/11

CNBC's Rick Santelli on Sunday compared the budget crises affecting state and federal balance sheets to a Sept. 11-type attack on the nation.

"If the country is ever attacked as it was on 9/11, we all respond with a sense of urgency," Santelli said in a roundtable discussion on NBC's "Meet the Press" about the Wisconsin labor protests. "What’s going on on balance sheets throughout the country is the same type of attack.” (read more)