Godfather of Tea Party loses it on CNBC over improving jobs numbers

Let’s be clear, CNBC is full of crazy right wingers who can’t lick Jack Welch’s boots quickly enough, and who love to smear people who have been more right than wrong on the economy, such as Paul Krugman.

There are a few reasonable people over there, but CNBC does their darnedest to keep the crazies in the spotlight.

CNBC wingnut Joe Kernan was tired of hearing “reason” on the show the other day, so he cut off non-conspiracy theorist Steve Liesman, who wasn’t feeding the job-numbers-conspiracy promoted by former GE CEO Jack Welch. Kernan then called on the Godfather of the Tea Party, Rick Santelli, who delivered the goods like no other channel besides Fox can deliver.

Santelli ranted about the poor state of the economy, despite the decrease in unemployment, and then added that he had predicted months ago that the September jobs report would be below 8%, implying the administration would fudge the numbers for positive press just before the election. “Take it any way you want!” Santelli said.

“Rick, what you’re implying with your comment…” Liesman interrupted.

“I’m not implying anything,” Santelli shouted back. “I’m telling you and it turned out that way. I’m a market whisperer.”

That’s one way of putting it.


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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