What does Taibbi report about Tick Santelli’s televised rant on the trading floor in February 2009 ?

In 2009, Taibbi reported on Santelli's rant over Obama's plan to assist families facing foreclosure. In this rant, he called for a new tea party. Taibbi claims that CNBC served as a propaganda organ for Wall Street, and that Santelli's intent wasn't to help the little people, but rather, to draw the attention away from his wealthy friends.