Jon Stewart recently took the time that was to be devoted to an interview of CNBC’s Rick Santelli (Santelli canceled) and instead spent it destroying CNBC. During the destruction, a little bit of shrapnel landed on crazy Jim Cramer and being Jim Cramer — he totally flipped his sh*t and started “defending himself” on MainStreet.com.
In the 6 page article, Cramer said that The Daily Show was incorrect in claiming that he had suggested that people buy Bear Stearns stock — when he in fact was just telling people not to pull their money out of Bear Stearns accounts (which are insured against the bank failing).
The Daily Show responded with a fairly painful collection clips of Cramer recommending Bear Stearns stock. This apparently caused Cramer to book a tour of NBC’s various networks so he could fan the flames a little higher.
Now, in round three of Stewart Vs Cramer, Stewart responds by getting Dora the Explorer to say “pendejo.” Enjoy.
… And while we do wish this feud could go on forever, it seems that Cramer will be a guest on The Daily Show tomorrow night. Oh, joy!
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I guess I spend too much time working and living my own life. I really don’t care about the opinions of so-called TV pundits. Just because they are on TV doesn’t mean they know what the heck they are talking about. It only means they are on TV.
@CandaceCalypso: You’re not listening.
I’m talking about Stewart. You keep checking back with what Stewart told you to think. And then go back to looking at everyone but Stewart.
I already said the guys on Crossfire were buffoons. I am agreeing with Stewart.
I just don’t agree with Stewart’s holier-than-you grilling of other people – and saying that he himself can’t be grilled.
You’re actually holding Stewart to a lower standard than the people he’s grilling, simply because Jon invokes the magic word “comedian.”
He’s a comedian. He’s a social commentator. He’s a pundit. He’s a lot of things. And he’s just as responsible for what he does and says as anyone else.
If John Kerry is on his show and he throws softball questions and kisses his ass… then that’s fucking lame. And if he wants to say “who me not me I’m just a comedian” and then switch into serious mode and attack people… then that’s fucking lame.
What exactly constitutes “fake news” and “real news” anyway? Its all B.S. if you ask me.
You’re right.
Cramer’s “outrage,” while entertaining, is also probably him acting in character (or not?). On the other hand, the Cup of Joe hosts truly appear to be humorless, miserable bastards. The clenching of their buttcheeks was clearly reflected in those “white, bitter” faces.
Looking forward to the showdown!
“Jim (Jane) you ignorant slut…”
I saw Stewart’s show tonight with Cramer . Stewart nailed him and CNBC .
Stewart took Cramer & CNBC to task for not doing good reporting . Cramer more or less admitted that he should have been able to see the problems coming . Cramer said many of his CEO guests lied on his show . But if he were really reporting or looking for facts shouldn’t Cramer an ex-reporter himself pressed his guests a little harder or did better pre-show research ?
I also read where many think CNBC and others acted like cheerleaders when the market was going up but not digging for or reporting all the facts .
Stewart got this one .
I was very impressed with Jon Stewart’s interview with Jim Cramer. He located the problem that their ‘feud’ could become a media diversion from the (to quote Jon) “f***ing” reality of the economic collapse on the ordinary working person. Mr. Stewart did not allow that to happen. He nailed the nudge nudge wink wink duplicity of the “experts” on CNBC who did their damndest to lure the non-expert into a market the “experts” knew was based on fraudulent claims. Cramer was creamed but so what. Both participants agreed that the leadership of the investment banks engaged in practices that should lead to criminal charges. At the end of the program Jon Stewart agreed with his audience that the process of exposing this “s**t” (another quote) remains painful on so many levels for so many real people. The Edward R Morrow award to Jon Stewart for truth in (business) journalism – where’s everybody else?
Let’s get one thing straight: To look at Cramer for investment advice is as sensible as to look at Stewart for investment advice. BOTH are entertainers.
In fact I would trust Stewart more than Cramer since at least, chances of some hidden agenda – such as making his CEO friends happy at the end of the quarter by pushing a stock up – is a bit less likely.
Yes, Cramer has had a long career as advisor. Now tell me this: You meet a new man to manage your money, and he starts acting like a kid who’s been fed nothing but pure sugar and caffeine for a month. Do you trust him with your cash?
Cramer’s credibility ended the day he decided to become a media superstar.