This is a rather esoteric article from Zero Hedge about the abuse of high frequency trading (and it is abuse), but the fun is the clip from CNBC where every one of their experts, including Jim Cramer, are shocked and outraged that this sort of thing goes on. Then, Rick Santelli (who is, by the way, the father of the idea of the Tea Party) breaks in and puts them straight.

The stunned looks on all their faces in that second or two when they all realize they have been publicly shown to be true ignorants on this issue is priceless.

Zero Hedge puts it this way:

  "It started as your everyday hexagonal discussion on CNBC with the anchors up-in-arms over the fact that (shocker) some firms can pay for early access to critical economic data items. The disdain for the 'rich' was palpable as Bernstein, Sullivan, and then Cramer all exclaimed both their amazement and surprise that this was even possible. That was when Santelli stepped into the ring and explained - in what was a relatively well-behaved exclamation - that not only was the fact that early data releases were well-known to every real trader (as opposed to those who pretend for TV) but that the issue was absolutely not about 'early access' but about HFT. When we first brought the perils of HFT to the attention of the broader trading community in 2009, it was the stuff of conspiracy theory - but now (as with many other things) it is conspiracy fact and in a few short minutes, Rick Santelli showed off his co-hosts ignorance of the real market and opened many new eyes to the damage that HFT can do in a market that is, well, anything but Reg-FD fair and balanced to all."

Well worth the watch, even if you aren't familiar with high frequency trading.