Ridiculous CNBC Reporter Gets Schooled By Obama's Press Secretary

Rick Santelli, the CNBC reporter who went into a certifiable rant against President Barack Obama's housing plan Thursday, found himself in the White House bulls-eye 24 hours later, the object of scorn and humorous derision from the president's press secretary Robert Gibbs.

"I'm not entirely sure where Mr. Santelli lives, or in what house he lives in," Gibbs said during the daily briefing. "But the American people are struggling every day to meet their mortgage, stay in their jobs, pay their bills, to send their kids to school, and to hope that they don't get sick or somebody they care for gets sick that sends them into bankruptcy. I think we left a few months ago the adage that if it was good for a derivatives trader, that it was good for Main Street. I think the verdict is in on that."

Ouch. But from there it got almost more personal. Gibbs picked up a hard copy of the housing plan from the briefing room lectern and implored Santelli to "download it, hit print and begin to read it." Gibbs added: "I would be more than happy to have him come here and read it. I'd be happy to buy him a cup of coffee, decaf." The press in the room laughed.