This was good to see. Rick Santelli is CNBC’s equivalent of Sarah Palin so I really enjoyed seeing his fellow CNBC corespondents taking him on.

If you’re at all familiar with CNBC’s Rick Santelli, you know he almost never appears on the network without a shoutfest ensuing.

The financial commentator — long considered the godfather of the tea party movement for his 2009 remarks — tends to battle with his colleague Steve Liesman over wonky monetary policy questions involving the Federal Reserve, government intervention, and inflation.

During a Monday afternoon debate, the CNBC panel — including Liesman — tore into his famously outspoken co-host by essentially telling him that all his dire predictions about the Fed’s actions have been proven wrong.

His colleague Steve Liesman was especially harsh telling him he had never been right about anything.  Here is what Liesman had to say with Santelli still yelling in the background.

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… There is no piece of advice that you’ve given that’s worked, Rick. Not a single one… 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.

You can view the video at the link above.  CNBC thinks of itself as a serious business network and they should get rid of Santelli, he is certainly a drag on their brand.  I doubt that even FOX Business would want anything to do with him.[icopyright one button toolbar]

Update:  Paul Krugman weights in:

But here’s the thing: before Liesman started, Santelli yelled that he had been right all along — and some of the traders started applauding.

Think about that: Liesman is of course right about Santelli’s record, and as I’ve pointed out many times this goes for all the inflationistas. So any trader who believed him would have lost money hand over fist. So why the applause?

Basically, I think, it’s because Santelli is their kind of guy; he hates the poors, he hates people who want to help the poors, he was trashing Janet Yellen for suggesting that she actually cares about the plight of the unemployed. And the traders feel the same way. So they like Santelli even though he’s been wrong about everything.

These people are Ayn Rand sociopaths.