(CNBC) Jim Cramer is firing back at Jon Stewart

[sabra]

Source: LA Times

The CNBC pundit and 'The Daily Show' host are engaging in full-blown media war.

Jon Stewart didn't take kindly to CNBC pundit Jim Cramer dismissing his Comedy Central program as a mere "variety show."

"You make me sound like I'm some kind of buffoon, just flapping my arms with crazy buttons and wacky sound effects," the host of "The Daily Show" said Tuesday night. He then cut to a clip of Cramer on his CNBC show "Mad Money," punching buttons that make wacky sound effects.

Ouch.

It was the latest thrust in what has become a full-blown media feud between the comedian and the stock analyst, spawned by the ongoing economic crisis. Earlier Tuesday, Cramer accused Stewart of cherry-picking stock calls he made during a bull market to wrongly suggest that he misled the public about the health of the economy. Stewart jabbed back on his show, dubbing their war of words "Cramer vs. Not Cramer: Basic Cable Personality Clash Skirmish '09!"

Stewart's retort won't be the final words on the subject: Cramer has agreed to go on "The Daily Show" Thursday to confront his rival in person.

Read more: http://www.latimes.com/entertainment/news/tv/la-et-cnbc11-2009mar11,0,1890331.story

[ShortnFiery]

1. My money's on Jon Stewart.

:popcorn: :evilgrin:

[christx30]

44. lol

I think it's a case where Jon should level the playing field to make it fair for Cramer... Of course to do that, he would have to get a lobotomy and seal half of his mouth with duct tape.
Not really much of a bet, really.
I can't wait to see it.

[defendandprotect]

77. Me, too -- missed his repeat earlier tonight ---

[christx30]

78. I saw the film

from the Today show where they were showed the clip to Cramer, in a split screen. He starts off with this awesome smug smile on his face. As Jon's words sunk in, the smile faded and turned into barely controlled rage. The man is so comically NOT in control of his emotions on national television. I kept repeating to myself "Please get a hold of yourself, man!" I wanted to like him. I try to like everyone. But the man is totally comical. Check out hulu for the Daily Show clips and educate yourself on Cramer on youtube. That was fun too.

[defendandprotect]

79. Hope to catch it later tonight -- but will check the link -- thank you !!!

I love Jon Stewart -- and his sense of humor!!

[Sebass1271]

2. Jon eat him ALIVE!!!

PLEASE!!!!!!!!!!!!!

[Daemonaquila]

32. Oh he will, but he'll need dessert.

Cramer is such a little fish. WIthout Dubya and Cheney and their clan to play with, he's kind of lonely these days. Hopefully he'll be able to settle down with a new set of "special friends" soon, like Hannity and Rush and Coulter, and never give them a minute's peace until they finally crack.

[tularetom]

3. "between the comedian and the stock analyst"? Which is which?

Cramer sure as hell ain't no stock analyst. He's not much of a comedian either, but he can whine better than anybody I've seen. Although Morning Joke comes close.

[AnneD]

4. Jon Stewart makes him sound like a buffoon because .....

he is one. Easiest paycheck Jon has earned since Bush left office.

[gcomeau]

5. Cramer doesn't have a prayer.

It continues to amaze me that people dismiss Stewart as just "a comedian" and never pick up on the fact that he has a damn good grasp on the issues he's tossing around those jokes about and him and his writers are brilliant at getting the underlying problems with whatever issue he's tackling through to their audience along with the laugh lines.

[DCKit]

39. For anyone without access to DU, TDS is a solid news source.

And if you're listening real close, the content is there. It's also a lot easier to swallow the "real" news with a healthy dose of comedy.

Jim Cramer, on the other hand, is a walking, talking, arm flapping, button pushing gimmick. As one of several MSM cheerleaders, he also bears a great deal of responsibility for the various debacles of Wall St.. Apparently he can't comprehend the old saying "If it sounds too good to be true...." Then again, he's not being paid by stockholders of the various companies whose stock he hypes.

[Hannah Bell]

52. he's worse than a buffoon. he's a con & thief. nice racket he's got

with thestreet.com & his tv spots - to make money on his own recs.

not to mention his associations with marty peretz & alan dershowitz, i.e. israel lobby.

[BootinUp]

6. The lies will be flying from Cramers mouth in a continuous

stream of shit.

[Name removed]

7. Deleted message

Message removed by moderator. Click here to review the message board rules.

[nichomachus]

8. Never get into a pissing contest with a comedian

Stewart's job is to make fun of people, including himself. You really can't hurt him by making fun of him. All you do is give him ammunition.

Cramer's the one who presents himself as being serious and he's making himself look like a buffoon.

[AngryOldDem]

9. Two words: Bear Stearns.

No matter how much he sputtles and spews, Cramer can't walk away from it. As much as he apparently wants to.

Thanks for the heads-up. I'm going to make a point to try to leave work early to catch it.

[louis-t]

37. The problem wasn't that Cramer recommended Bear Stearns

but that he claimed he didn't.

[AngryOldDem]

71. In spite of the fact that he's on tape, doing just that.

There's a reason why CNBC feels the need every time Cramer appears to run a infomercial-worthy disclaimer (read outloud at a breakneck pace, just like at the end of a cheesy late-night infomercial) that he does not speak for the network nor for anyone associated with it, and that his advice is taken at one's own risk. Why CNBC still has him anywhere near its studios is beyond me.

But at least he has the balls (as of now, anyway) to appear on The Daily Show. Shows more guts than Santelli had.

[TheFarseer]

73. he claims he only told depositors their money was safe

I'd like to see the whole clip and determine for myself.

[CreekDog]

75. Stewart dealt with that dodge

whoops. Cramer was wrong again.

it was kind of funny, Stewart runs some clips, then apologizes, then runs more clips and it turns out Cramer is there definitively saying Bear Stearns is safe, not the deposits but the stocks.

:rofl:

[ixion]

10. Hey, Jim, Tucker Carlson is on the phone

he wants to loan you his bow tie. :evilgrin:

[drmeow]

34. I just re-watched the first 4 minutes

of that segment on Crossfire - BRILLIANT. It was what got me watching The Daily Show in the first place.

http://www.youtube.com/watch?v=aFQFB5YpDZE

[liberal N proud]

11. I lost it last night watching the Daily Show

Catch the rerun this evening if you can, it is worth it.

[Tangerine LaBamba]

12. You can watch the whole show here,

anytime you want: http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=220508

Same with The Colbert Report: http://www.comedycentral.com/colbertreport/full-episodes/index.jhtml?episodeId=221161

[Kali]

29. not if you are on slow dial-up

:cry: :cry: :cry: :cry: :cry:

[Patiod]

50. Completely OT, but have you re-looked at DSL prices, Kali?

I pay about $20 bucks a month for the "slowest" DSL from Verizon. Too slow for good porn reception (boo hoo says my SO) but just fine for most streaming video. Several colleagues at work couldn't believe DSL could be that low.

I can't imagine that dial-up could be THAT much cheaper anymore, but maybe in your part of the country you're screwn - maybe the folks in the DU tech group could point you toward cheap internet in your area.....might be worth a try

Note: I don't have cable at my apartment, and the internets are the only place for me to watch The Daily Show, that's why I'm so aghast at the thought of dial-up!!!

[Kali]

56. Qwest tells me not available out here

I'm on the end of some antique phone lines. Cell phone co. tells me for a $100 piece of hardware and $30 more a month I can be on line through them. I am planning to do that soon, if I can nudge income up a bit or expenses down.

Satellite is coming down too - last offer was $60 plus free install. Last time I checked it was $80 so... I'm watching them!

[wordpix]

74. Stewart made toast out of Cramer, so obvious

[qanda]

21. I laughed so hard, I was choking.

Pure comedy gold.

[msongs]

13. it's all PR to boost ratings..... same thing junkie rush does nt

[SomeGuyInEagan]

19. Not entirely ... sure, it is exposure, but Rush would *never* take a tough question ...

... he is too thin-skinned and his arguments would be de-bunked as garbage by any tweleve-year-old.

I hope Stewart really preps for this and takes off the gloves. Nobody in the MSM is asking tough questions of *anybody*. Even NPR went soft a few years ago, cowering to business and conservatives, IMO.

[Le Taz Hot]

26. Oh, I wouldn't say the MSM isn't asking tough questions.

Just this morning as I was channel surfing I stopped for a few seconds on CNN wherein they had something called the "Obama Truth-O-Meter." Apparently said meter was only developed to gauge whether or not Obama and his administration is telling the truth. Such a pity said meter was developed only AFTER the Bush Administration left office. Timing IS everything. :shrug:

[christx30]

45. I actually heard

They made 6 of them. But upon being turned on, they all either exploded, melted, or raised little cartoonish white flags while the needle hit the low end of the scale and broke off.

[AngryAmish]

36. Have you ever watched professional wrestling

made up "fueds" to boost ratings...same as Von Erichs v. Freebirds...

[lurky]

33. Maybe, but Cramer has a lot to lose from this.

His whole career is based on the idea that he is some kind of financial wizard whose advice is worth listening to. Jon Stewart's piece showed what a crock of shit that is. The more scrutiny Cramer gets, the more people will realize he's just another blowhard with an agenda.

[CTyankee]

40. I have a different take. I think Cramer knows he can't compete with Jon.

I think he'll play a different angle and try for sympathy. These attacks have made Cramer fold like a house of cards. I saw him come on the set Monday morning on MJ and he was bent over like a question mark. He looked beaten and dazed. And that was after the FIRST attack by JS. JS just KILLED Cramer with his "variety show" routine where he showed Cramer ringing gongs and running around with sound effect machines. Cramer got himself into that trouble by accusing JS of having a "variety show."

Cramer has to play on JS's sense of decency and not tangle withhim further. He may even be self deprecatory and more humble. It's probably his only out now!

[Carni]

14. Oh I love it Cramer will lose lol

I cannot wait to watch LOL

[No Elephants]

15. Hilarity ensues. And Cramer will not come out on top. Even if he were correct, he would not come

out on top and he was frickin' dead wrong.

[fascisthunter]

16. Cramer's Career will Never be the Same

awwwwwwwww..... the criminal is being picked on... boohoohoo

[CTyankee]

41. He may have learned a lesson from this.

You are right, he won't ever be the same. If I were him, I'd be thinkingup a new routine, a new schtick. This one ain't workin' for him any more.

[drmeow]

17. What I found very funny was

the day after Jon Stewart skewered him in the segment about CNBC, Cramer was on The Colbert Report being made fun of there!

[slampoet]

18. Lord Jesus. Thank you for sending John Stewart to punish the Wicked.

[Veritas_et_Aequitas]

22. Someone's got to do it.

If lords of the land won't, might as well let the jesters have at it.

[antimatter98]

20. I'd say Jon Stewart has Cramer's number -- 0.

Cramer is a shill for the investment and corporate community... His
advice has zero credibility, as the Daily Show's reporting has shown.

I'm glad to see guys like Cramer called out at long last. He talks
a big arrogant story, and if idiot investors want to use his advice, the
well...

[bpj62]

23. Jon Stewart

Jon Stewart is no idiot. He graduated from The College of William and Mary in 1985. William and Mary is one of the finest public colleges in the nation and it is very tough to get in to. Stewart has always done his prep work and if Cramer thinks that he can just scream his way out of this he is going to be sadly mistaken. Stewart has taken on bigger brains then Cramer in the past. I truly think that republicans do not get political satire and they dimiss it as a joke.

[Pisces]

24. Jon Stewart could crush him with the video of Cramer advocating market manipulation

and illegal activities. Here's the video

http://www.youtube.com/watch?v=ZWVmlxhk-tU&eurl=http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173824.html

[Pisces]

25. Here's the video that should have ended Cramer's career.

http://www.youtube.com/watch?v=ZWVmlxhk-tU&eurl=http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173824.html

[Gin]

28. I never heard of Wall Street Confidential until I saw this clip.....I am sure lots of

other people didn't know either...now that it is more public...Cramer is toast!

[lumberjack_jeff]

48. Jesus Christ!

I would soooo love to see this on the Daily Show.

Thanks!

[notadmblnd]

53. is this what's been going on since Obama took office?

This should be a post of its own.

[Jefferson23]

27. Stewart could crush Cramer, there is no doubt about that, but I doubt

very much that is Stewart's intent for Thursdays show because he already has exposed cnbc for their ineptness and complicity. I would guess this is an opportunity for Cramer to admit and make peace.

[CTyankee]

43. Yep. See my thread above. He has nothing to gain by trying to outsmart JS.

I think he will be chastened and fall back on the "nobody knew what the market was going to do" routine, which is true but misses the point that he himself was an actor in screwing upthe markets. Not the only actor, but certainly one of the louder ones. If he's smart,he's learned a thing or two from this experience. He's gonna have to "remake" himself.

[tama]

67. It's not true

"We" allways knew market was going to crash and Western civilization going trash. Just not the exact dates.. except occationally. But who listens the weird "we"... :)

[Danascot]

30. This should be fun to watch

Jon is a comic genius. He'll hand Cramer his ass in so many pieces he won't be able to count them. I wish I could buy puts on Cramer because his stock is going DOWN!

:popcorn:

[Daemonaquila]

31. Jon Stewart taking on this bozo...

... is engaging in a battle of wits with an unarmed opponent.

Let the games begin.

[Sancho]

35. didn't this start with Santelli? Cramer was originally just part of the response

Stewart has been the best ever this week; I can't wait to see Cramer on the show


:woohoo:

[BlueIdaho]

38. Didn't Jon pretty much destroy

The program Crossfire with is withering critique when he was on it?

[Roy]

42. And Shortly afterward the show died a well deserved death

[BlueIdaho]

55. Yes!

And it was Jon that threw the first shovel full of dirt on the coffin. I would argue he caused the death of the show by pointing out its many failings.

Cramer needs to be very careful here...

[Earth Bound Misfit]

46. Cramer's in way, way, way over his head here

But I hope he keeps treading water, it's so much FUN seeing this BLOWHARD BULLSHIT SPEWING CORPORATE SHILL getting TORCHED on a daily basis. :evilgrin:

[truedelphi]

57. Isn't it though? n/t

[no limit]

47. Cramer will do the show on Thursday? I guess he never heard of crossfire

oh well, another blow hard idiot will be off our TVs after thursday night.

[lebkuchen]

49. Why would Jon have him on the show after making SOS out of him?

Why throw Cramer a bone? Let him starve.

[hugo_from_TN]

54. One hand washes the other.

Higher ratings for The Daily Show
Higher ratings for Cramer

This is a manufactured 'feud'.

[ShortnFiery]

59. WRONG! Cramer's reputation is lower than whale shit.

After Jon Stewart is done with him Thursday Night, Cramer will have to "reach up" to pet the belly of a snake. :evilgrin:

[ret5hd]

63. Uh huh...keep telling yourself that.

[fjc]

51. Cherrypicking?

Ok. Have Cramer produce one segment where he was sounding the alarm. Should be easy.

[ShortnFiery]

58. I bet The Daily Show writers are absolutely giddy over this turn of events.

Take that pussy Cramer down ... and his little "Joey the Scar" show support group with him. :evilgrin:

[Anarcho-Socialist]

60. Cramer needs a thicker skin

Most politicians and media personalities can take being the object of satire, only the most windbaggery of them can't. Cramer is one of the latter.

[ShortnFiery]

61. That's what makes him such a great target. Like the rep. from Wyoming on Cobert's show

Cramer has NO SENSE OF HUMOR.

Stewart will play with Cramer like a Tom Cat toys with a wounded mouse.

[damntexdem]

62. "You make me sound like I'm some kind of buffoon, just flapping my arms ...

with crazy buttons and wacky sound effects" -- well, that is letting him off too easy.

[DebbieCDC]

64. My bet is Cramer won't show

chickenshit

[Jeff In Milwaukee]

65. It's a win-win

Stewart gets a week of good material, and if Cramer comes on the show and is a good sport about it, he increases the audience for his show.

In his defense, if you make 30 stock picks in a show and you do 250 shows a year, that's 7,500 picks in the course of a year. Now if you're 99% accurate, that means you STILL unleashed 75 real stink bombs on your viewers.

Less accurate than that? Most stock analysts are.

Cramer pointed out the if you take public mistake from any investor (included Warren Buffet) you could make them look foolish.

Cramer's downfall (it seems) is that he's getting pissed out it. Take a joke, man!

[alstephenson]

66. I can handle Cramer's crappy "stock analyses"....

it's his audacity in criticizing President Obama and his economic policies that really makes me mad. What makes him a political or economic expert? I guess the bigger question is why the MSM (including MSNBC) gives Cramer a platform for his opinions.

[Jeff In Milwaukee]

70. He's an American citizen...

He's got the right to criticize anybody he wants. Paul Krugman has been criticizing Obama pretty good, but nobody's complaining about him.

[Dr Fate]

82. There is a credbility gap concerning Cramer's criticisms.

For instance- I don't recall him being critical of any of the failed Bush economic policies. Not after the fact, but BEFORE they were even out of the gate- like he is doing now.

If all these guys had been half as "alarmed" and crtiical of Bush at any point as they are now, they would have credibility.

He's an over glorified hide the shell man.

[readmoreoften]

80. Yes but Cramer manipulates the market through those crappy "analyses"

The whole point of the program is to drive certain stocks up so he can short them. It's open insider trading and he's even openly discussed how they do it. From what I hear, they're even naked shorting, i.e. selling stocks they don't even have.

[Raine]

68. Get em Jon

take him down! :spank:

[bamacrat]

69. Seems like the "real" news media gets so offended over Stewart/Colbert.

Because they call them out on their bullshit. Cramer was frantically urging people to pour money into the stock market when it dropped to 12000 saying it couldnt get much worse and this a buyers market. Were at 6800 now imagine all the money lost due to his very poor advise. John Stewart tells it like it is, he calls the news media out when they made the problem that much worse. The Daily Show is way more credible than most if not all of the MSM shows. Cramers gotta promote the GE stock.

[AngryOldDem]

72. That's why they hate him.

He calls them on their bullshit and is a uncomfortable reminder how badly the fourth estate has sold out.

[Mari333]

76. Cramer shoots blanks! Stewart has a fully loaded semi automatic . nt

[Dr Fate]

81. It is John's JOB to do this. In other words, Cramer loses even more credibility...

...by engaging in his "media war" against a comedy show.

Shouldn't Cramer be shuffling papers and charts around and using big words and such?

The comedy show on the other hand, is just doing what it is supposed to be doing!!

John Stewart is the unique position of having it both ways- he actually informs people with facts/news-but when the day is done, it's "just a comedy show."