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Watch Rick Santelli: Obama as 'snake oil salesman'

Tuesday, 29 Oct 2013 | 12:16 PM ET
Santelli's cure for 'snake oil' deception of Obamacare
Tuesday, 29 Oct 2013 | 10:46 AM ET
CNBC's Rick Santelli finds White House communication on details of the Affordable Care Act very disturbing.

In his "Santelli Exchange," CNBC's Rick Santelli accuses the White House and President Obama of using "deception" while selling Obamacare to the American public.

Santelli says he is "distrubed" by an NBC News report that despite President Obama's promises no one would be forced to give up a health care plan they like, the administration knew for years that a large percentage of people buying their own plans wouldn't be able to keep them.

To Santelli, that sounds a lot like a "snake oil salesman" trying to unload a fake cure on unsuspecting customers.

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