Maybe we should shut Wall Street down for 24 hours, see how everybody who blames Wall Street for everything likes that. Maybe we should shut energy down for 24 hours, see how people like that.
— Rick Santelli
You know what that big number was? It was 1957. It's not the year I was born. I'm a little older than that. I wish it was the year I was born. It was the year one of my favorite books was written: 'Atlas Shrugged.' Ayn Rand.
Printing money - is it really the answer? ... If we just print a million dollars for every man, woman, and child in the country and handed it to them, won't that fix everything? Because in order to really look at printing - I like to take everything to the extreme.
If you trade in paper, the notion of many who trade gold - the Ayn Randers - if the financial world comes to an end, they're going to have the gold. If you're playing in ETFs, you're going to have a piece of paper.
I come from immigrant grandparents. The country would not be what it is if it wasn't for the immigrants in this country.
We now have the technology to pretty much hear everything. Can you imagine how our holiday dinners would be if every relative's entire conversations from birth to that moment in time was shown to every other relative?
I've said from day one, when Donald Trump gets in there, he's going to make an equal number of Republicans unhappy as Democrats unhappy.
Working with Russia, we worked with Iran. Are they our friends? You have to take each situation uniquely.
A Treasury Secretary or a President should be out here not fighting S&P, not grabbing the other coach and slapping him around, taking the umpire behind the barn. He should be getting the team psyched to overcome.
Around 1999, CNBC offered me a full-time post, and I'm the happiest I've ever been.
If the country is ever attacked as it was on 9/11, we all respond with a sense of urgency.
We are a republic, very inefficient. If you want a really efficient form of government, you have a king or a dictator. And in the end, you hope it's a benevolent one. But then you could get things done. There's no lurching; there's no bumps. That's the cornerstone of checks and balances.
One of the greatest technicians of all time was a man named W. D. Gann (1878-1955). He had tremendous success predicting market moves much in advance. Legend has it that he occasionally sent notes to 'The Wall Street Journal', which accurately predicted tops and bottoms in grain markets months ahead of time.
This is America. Dissenting voices will continue to voice their dissent. Because they've read the operating instructions for the United States of America, and it's their right.
All the way back to 2010, the takeover of Congress, there is an unnerved part of the public that understands the history of Hillary Clinton. We've seen her for decades. They understand Donald Trump. There's no disclosure needed there. The sour grapes that we are experiencing isn't going to make a better tasting wine for the Democrats in the future.
I work hard, and I haven't done badly in life. But I pretty much came from very modest roots... I go home on my train; I cut my own grass... I don't have anything against people that are more elite, but it's just not who I am or what I'm about.
If being the lightning rod that started the Tea Party is what's written on my tombstone, I'll be very happy.
We need to understand that in the end, if we're going to make a positive difference in the future, we can't have election cycles where one side, the middle and the right side, they talk trash.
The issue is, you're not going to have a lot of inflation showing up when you have no velocity.
I've talked about commodity price volatility in the past: go back to the tape... I never said it was about inflation.
I don't even look at gold as gold anymore. Gold is just another piece of paper.
I don't understand it and haven't understood in this world of technology: where every building has a camera, every ATM has a camera, why don't we have cameras on police officers?
Markets are unforgiving, and sometimes they move for reasons we can't possibly foresee.
I like free markets, but I do like fair markets.
I remember I had a professor in college. I wrote a great paper. Could never please this guy. But it made me better.
Blame the Tea Party? Geez, no wonder Kerry did so well in an election. If it wasn't for the Tea Party, they would have passed the debt ceiling thumbs up; we would have been rated BBB.
I started trading around 1979, fresh out of college. In the early '90s, I started guesting for major news media.
This country is a republic.
A republic and a democracy are pretty much identical, pretty much on every level.
The markets represent the aggregate interaction of many investors. Their attitudes, philosophies, and behavioral patterns on many levels are predictable... and repetitive.
No, traditions and norms aren't rules in the Constitution. There's a difference between a tradition and a law.
I think hacking's important. Most Americans should worry about it no matter what side of the aisle you're on.
The markets are the world's greatest Rubik's cube. And I love solving puzzles.
People ask me if I'm the father of the Tea Party movement... I was the spark... that started it.
Think Apple, think the FBI. We are living 'Atlas Shrugged.' Why is it so important? Because I would hate for the country to have that rhetorical question: Where is John Galt, who is John Galt? John Galt is all of us.
Look at the Weimar Republic and their hyperinflation in the early '20s. It didn't happen overnight. I've used the analogy, it's a lot like soybeans: you plant 'em, you wait. Conditions take some time. You need some sun; you need some water, but ultimately things start to grow, and are we in that phase or not?
When it comes to policies of central bankers, the biggest systemic risk we have... are those policies.
There's not a lot of wealth throughout all the country shared equally.
Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side: we see areas where the government does good jobs; we see areas where they don't do as good a job.
I think it is a mistake for candidates, or once they get elected in office, to be dwelling too much on the topic of markets.
I think many agree, being on the plan till 26, good idea; preexisting conditions, they all have a cost. So you have to find a way to pay for it. But it doesn't mean that you're going to keep or change. Listen, cars have tires. You can reinvent the car, but it's still going to have tires. Those aspects are components of healthcare.
We all know deep inside that no country is the same as it was 5 years ago.
People with 401(k)s need to be very conservative. Picking bottoms should be for insiders and traders.
Many other states ultimately - they might not have the same balance sheet as Wisconsin - but collective bargaining from the federal level... these are big issues, and these costs need to be put under control.
The president doesn't hold all the cards. The cards are evenly split up!
Leonardo Fibonacci, the great 13th century Italian mathematician (1175-1250) created the 'Fibonacci sequence' to explain behavior in nature mathematically. History has it that the first question he posed was how many rabbits would be created in one year starting with one pair.
When I was an institutional broker in a former life, I was a believer in the merits of using technical analysis. I found that it was a very useful tool that complemented the much more mainstream tools generically referred to as fundamental analysis.
This is America. And we've basically invented the computer, and we should invent ways to protect all those that use it.
I'm very happy at CNBC. It's the passion, it's the movement - there's a lot of moving parts. And spontaneous TV and spontaneous debates... I don't know that there's anyone that enjoys their job more than I do.
What about stocks? You got to buy them. What if they break? You have to buy the dips.
