CNBC’s Rick Santelli: Obama’s View of the Debt-Ceiling is “to Infinity and Beyond”; Says Obama has U.S. on “the Road to the Weimar Republic” – Video 12/6/12
Here is video of CNBC’s Rick Santelli yesterday slamming Barack Obama’s push for unlimited power to raise the debt-ceiling without any approval by Congress. Santelli said the Toy Story theme of “to infinity and beyond” describes Obama’s view of the debt-ceiling. He also said instead of the old movies titles “The Road to Morocco” “the Road to Singapore,” Obama has American on “the Road to the Weimar Republic” – a reference to the Government of Germany following World War I that preceded the rise of Adolph Hitler and the Nazis to power in 1933. The Weimar Republic was hit with hyperinflation as it tried to deal with rebuilding a devastated economy and the burden of War Reparations after losing World War I.