{"id":25140,"date":"2013-02-01T21:27:55","date_gmt":"2013-02-01T20:27:55","guid":{"rendered":"http:\/\/feedproxy.google.com\/~r\/zerohedge\/feed\/~3\/Hps_tP07Y9s\/story01.htm"},"modified":"2013-02-01T21:27:55","modified_gmt":"2013-02-01T20:27:55","slug":"santelli-bianco-crush-conventional-wisdom","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/breaking-news\/santelli-bianco-crush-conventional-wisdom\/","title":{"rendered":"Santelli &amp; Bianco Crush Conventional Wisdom"},"content":{"rendered":"<div>\n<p>With Dow at 14,000 and rates rising, those that need to take commissions and get their ratings up are seeing the &#8216;conventional wisdom&#8217; seemingly proved right. However, Rick Santelli does not see it quite as clearly. Bianco Research&#8217;s James Bianco joins Santelli for what they call &#8216;mythbusting&#8217; as the two skeptics rightfully expose the unreality of the <strong>&#8216;fiscal cliff&#8217; fears<\/strong>, the <strong>untruth that is the &#8216;Great Rotation&#8217; due to tax concerns ahead of the fiscal cliff<\/strong>, and dismal performance of the <strong>Fed&#8217;s failed forecast ranges<\/strong>. As extreme monetary policy continues (crisis-mode) &#8211; seemingly in absolute opposition to what the talking heads will say about jobs and the economy &#8211; Santelli and Bianco conclude that &#8220;right now the market is not bothered by [the Fed setting rates], but at some point it might be, Trust Capitalism&#8221; as they reiterate the need for <strong>Market Forces to be allowed to act.<\/strong> <em>3 minutes well spent.<\/em><strong><br \/><\/strong><\/p>\n<div class=\"fivestar-static-form-item form-item\"><label>Average:<\/label><\/p>\n<p><span class=\"user-rating\">Your rating: <span>None<\/span><\/span> <span class=\"average-rating\">Average: <span>3.7<\/span><\/span> <span class=\"total-votes\">(<span>3<\/span> votes)<\/span><\/p>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/pixel.quantserve.com\/pixel\/p-89EKCgBk8MZdE.gif\" border=\"0\" height=\"1\" width=\"1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Dow at 14,000 and rates rising, those that need to take commissions and get their ratings up are seeing the &#8216;conventional wisdom&#8217; seemingly proved right. However, Rick Santelli does not see it quite as clearly. Bianco Research&#8217;s James Bianco join&#8230;<\/p>\n","protected":false},"author":1213,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487],"tags":[],"class_list":{"0":"post-25140","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-breaking-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/25140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1213"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=25140"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/25140\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=25140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=25140"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=25140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}