CNBC's Rick Santelli Rants, Calls For "Chicago Tea Party"

By Marcus Gilmer in News on Feb 19, 2009 9:15PM

We know some folks have an issue with President Obama's new stimulus package, but damn, Rick. CNBC analyst Rick Santelli, reporting from the floor of the Chicago Board of Trade, went on an epic rant regarding the stimulus package saying, "The government is promoting bad behavior," before turning to the traders on the floor and whipping them up into a frenzy. He also calls for a Chicago Tea Party in July, saying - at the 2:10 mark - "All you capitalists that wanna show up to Lake Michigan, I'm gonna start organizing it...I'll be dumping in some derivative securities..."

Check out the rant in all its glory below.

Thanks for the tip, Matty!