The Daily Show Rips Santelli, CNBC to Shreds

In a rant oddly reminiscent of David Letterman’s relentless jabs at John McCain canceling on the Late Show, Jon Stewart went after, not only Rick Santelli, but also CNBC as a whole on their rather unsound financial advice over the last couple of years.

You’ll fondly remember Santelli’s infamous outburst on Wall Street against Obama’s Mortgage Plan:

Why the similarity? Well that’s because Santelli canceled on the Daily Show after accepting to be on the show as the main guest. Apparently, CNBC views his comments as a distraction and that they would like to move on to “the next big story”.

Well Jon Stewart would have none of that thus launches into this epic take-down of the network: