CNBC’S SANTELLI GETS INTO KNOCK-DOWN, DRAG-OUT SHOUTING MATCH OVER JOBS REPORT

Rick Santelli, the man widely regarded as the founding father of the Tea Party movement, got into an incredibly intense shouting match Tuesday morning with CNBC reporter Steve Liesman over recent comments regarding possible election-year manipulation of the latest Bureau of Labor Statistics jobs report.

Things started poorly when CNBC host Joe Kernen interrupted an already irritated Liesman so that Santelli could weigh in on the issue. Santelli did indeed weigh in, arguing that the economy has not improved and that he predicted last month pre-election BLS data would show sizable decreases in unemployment and that it would be under eight percent.