WATCH: Tea Party Hero Told How Wrong He’s Been About Everything

WATCH: Tea Party Hero Told How Wrong He’s Been About Everything

CNBC reporter Rick Santelli, whose 2009 rant on the floor of the Chicago Mercantile Exchange helped launch the Tea Party movement, was told that he has been wrong about everything during a heated on-air argument on Monday.

After Santelli offered a characteristically heated argument that the Federal Reserve has fallen behind the curve on inflation, CNBC analyst Steve Liesman stepped in to remind him that pretty much every prediction that he’s made since the financial crisis began has failed:

It’s impossible for you to have been more wrong, Rick. Your call for inflation, the destruction of the dollar, the failure of the U.S. economy to rebound. Rick, it’s impossible for you to have been more wrong. Every single bit of advice you gave would have lost people money, Rick. Lost people money, Rick. Every single bit of advice. There is no piece of advice that you’ve given that’s worked, Rick. There is no piece of advice that you’ve given that’s worked, Rick. Not a single one. Not a single one, Rick. The higher interest rates never came, the inability of the U.S. to sell bonds never happened, the dollar never crashed, Rick. There isn’t a single one that’s worked for you.

This being CNBC, Santelli was attempting to shout over Liesman throughout the entire discussion. But Liesman’s punch still landed nonetheless.

Screenshot: YouTube

Want more political news and analysis? Sign up for our daily email newsletter!

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

With Passage Of Aid Bill, It's Ukraine 1, Putin Republicans 0

Presidents Joe Biden and Volodymyr Zelensky outside Mariyinski Palace in Kyiv, Ukraine on February 20, 2023

That whisper of wind you heard through the budding leaves on trees this afternoon was a sigh of relief from soldiers on the front lines in Luhansk and Donetsk and Zaporizhzhia as the House of Representatives overcame its Putin wing and passed the $95 billion aid package which included $61 billion in aid to Ukraine.

Keep reading...Show less
As Nebraska Goes In 2024, So Could Go Maine

Gov. Jim Pillen

Every state is different. Nebraska is quite different. It is one of only two states that doesn't use the winner-take-all system in presidential elections. Along with Maine, it allocates its Electoral College votes to reflect the results in each of its congressional districts.

Keep reading...Show less
{{ post.roar_specific_data.api_data.analytics }}