Santelli Smells A Rat: 'I Told You They'd Get It Under 8%—They Did!'

Rick Santelli, the man who helped launch the Tea Party with his impassioned comments from the trading floor in 2009, sees the hand of politics at work in today's announcement that the unemployment rate has dipped below 8%.

Speaking on CNBC's Squawk Box this morning just minutes after the number was announced, Santelli said: "I told you they'd get it under 8%--they did!"  View the video after the jump.

The Obama campaign is sure to jump on the news today--but Santelli has put a big question mark over the validity of the data.

Mark Finkelstein
Mark Finkelstein
Mark Finkelstein is a contributing editor for NewsBusters.