Quick Hit - Rick Santelli vs. Arianna Huffington

Rick Santelli and Arianna Huffington faced off on CNBC's Squawk Box today.

Santelli, "I think we have only one responsibility - we need some good regulation and the best regulation that I think I've ever heard is failure. If you take failure out of the system, all other regulations really don't do very well."

Amen.

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