Stewart hammers Cramer on 'The Daily Show' (AP)

[underpants]

Source: AP

NEW YORK (AP) — Jon Stewart hammered Jim Cramer and his network, CNBC, in their anticipated face-off on "The Daily Show," repeatedly chastising the "Mad Money" host for putting entertainment above journalism.

"I understand that you want to make finance entertaining, but it's not a ... game," Stewart told Cramer, adding in an expletive during the show's Thursday taping. The episode was scheduled to air at 11 p.m. EDT on Comedy Central.

At one point, Cramer sounded the reformed sinner, responding to Stewart's plea for more levelheaded, honest commentary: "How about I try that?" said Cramer. "I'll do that."

By the end, the two-segment interview went far beyond its allotted time. Comedy Central said the on-air version would be cut by about eight minutes, though the entire interview would be available unedited on ComedyCentral.com on Friday.



Read more: http://www.google.com/hostednews/ap/article/ALeqM5h-46uOi4Itn8DlM756nzYWEyGN4wD96SRA200

---

Jon Stewart takes Jim Cramer apart: getting mad at the 'Mad Money' man
http://watching-tv.ew.com/2009/03/jon-stewart-jim.html (Entertainment Weekly)

Jon Stewart Sends Jim Cramer's Stock Plummeting
http://www.eonline.com/uberblog/b104254_jon_stewart_sends_jim_cramers_stock.html

[Scurrilous]

1. Jon Stewart takes Jim Cramer to the woodshed, shames CNBC

<snip>

"Tonight, Jon Stewart morphed from satirical fake news pundit to bonafide journalist asking the hard questions, as he dug deep and uncomfortably into his cowering and humbled guest, CNBC "financial expert" Jim Cramer.

Exposed for the financial advice hack that he is, Jim Cramer, spent the day earlier baking a pie and beating up some pie dough with fawning convicted white-collar felon Martha Stewart; an irony that Stewart made hay with.

"Mr. Cramer, don't you destroy enough dough on your own show?"

CNBC resident analyst Jim Cramer's widely anticipated appearance on Comedy Central's The Daily Show with Jon Stewart was fraught with consternation, condemnation and outright ridicule.

It also exposed the "financial expert" as little more than a talking head and shill for Wall Street hustlers, CEO's and players, who Cramer kept reiterating he knew were liars."

more

[greyl]

2. Relative to most others, Jon has been a bonafide journalist long before tonight.

Maybe April MacIntyre isn't familiar with him.

edit: I think April forgot to include an important word in this phrase: "Cramer said that he was "chastised" and wrung his hands as he expressed remorse that the financial news network had done their work to expose rampant Wall Street corruption."

Not.

[stox]

6. Kudos to Stewart

The most honest and forthright confrontation of the crisis yet.

[Name removed]

52. Deleted message

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

[bergs]

3. It's more than a little bit sad...

...that we rely on a former MTV talk show host doing a post-prime-time show on Comedy F*cking Central to be the paragon of modern American journalistic integrity...

[DUlover2909]

4. I watched it and it wasn't even hard for Stewart to smack him down.

Welcome to DU! :hi:

[LiberalFighter]

32. I think Stewart was on the nice side of bashing Cramer and Cramer kept his cool

for the most part. A bit embarrassed a few times.

[file83]

85. That's what I like about Stewart, he keeps it constructive.

He made some AMAZING points that I feel Cramer may have taken to heart. I didn't feel like I was watching an interview as much as I was watching a strategy meeting for the future of Cramer/CNBC.

Out of this wreckage of the economy I think Jon Stewart has a vision on how to place mechanisms to prevent this shit from going down again.

[jennypauls]

42. I RE:watched it and it wasn't even hard for Stewart to smack him down.

http://www.bemingled.com">http://www.bemingled.com

[EFerrari]

5. Not really. Leaving democracy up to "professionals" got us

exactly here.

[No Elephants]

9. It's sad that most of the others are either Pub or controlled by Pubs, but thank heaven for

the likes of Stewart and Colbert.

They are the modern version of medieval court jesters, who also spoke in a way that hit home while eliciting laughter.

Welcome.

[The Wizard]

27. This is illustrated

in Shakespeare's King Lear. It's Lear's fool who always speaks the truth.

[underpants]

14. And Colbert was the only one to stand up in any way to Bush and expose the media-to their faces

http://www.youtube.com/watch?v=BSE_saVX_2A

Welcome to DU :hi: if'n I haven't before

[Name removed]

46. Deleted message

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

[dmr]

71. That took a lot of guts.

Two percent backwash, and all!

:rofl:

[autorank]

7. This was brutal. "hammered" is the right term.

OMG. I wasn't worried about Jon handling Cramer but I was surprised at how well he did it.

I also realized the Cramer is generally shot from a lower angle which makes him look taller.
Unless Jon had him in a bucket, he's no taller than Stewart; rather than this imposing hulk.

The videos of Cramer will cause him a lot of trouble, the low quality ones. Lord, what a fool.

Thank you Jon Stewart. You spoke for us!

[MindMatter]

34. That was really harsh - counterproductive

I'm surprised that Kramer took it. It seems to me it would have been more productive to speak the real truth, which is not that CNBC is doing a lousy job of representing the public with hard-hitting investigative reporting.

The truth is that they are just another entertainment channel and they don't have any special abilities to report on financial matters.

I do agree with Stewart's take that they represent themselves with a false authority. That is the whole point.

I would rather have seen a more good matured treatment, but still serious, as in "CNBC, TEAR DOWN THAT SLOGAN."

[redqueen]

38. No one said they have special abilities.

All that's being said is if they knew these games were being played behind the scenes... that they should have reported that instead of playing the 'butbutbut... they lied to us! we had no idea!" game.

Sounds kinda like Condi talking about terrorists flying airplanes into buildings.

[MindMatter]

93. And they would never do that

because that's not the business they are in. They are in the turd polishing business, and they accomplish that best by making themselves look important and informed. And they accomplish that by getting lots of access to powerful people. And they accomplish that by kissing their asses. That is the cycle. I wish Stewart would have stuck with that rather than making this so personal.

[autorank]

94. Interesting point. Disagree and here's why

It was uncomfortable until I realized that Cramer had been coached by the best - he utilized the only tatics he could to survive. Those low rez videos really finished him off.

The point is that Stewart is the only prominet TV anchor (albeit fake)to do anything to take these crooks on directly. Where's Katie, and the other two. Brian Williams couldn't do what Jon Steward did. Neither could any of the other talking heads. They're not matched up intellectually and they're chained to their corporate masters.

I'm glad Steward followed through and ran Cramer to ground. We back off too quickly. He didn't. He spoke for all those people who got nailed by Cramers 'fomenting' or whatever. Manipulation made him money and cost everyday citizens and other investors of a higher order who play by the rules.

Cramer may be facing charges because of this reporting. I'll take the fake anchor anytime.
He's the real deal.

It was ugly. I felt embarassed for Cramer for about 30 seconds.

[KT2000]

8. Stewart is a true patriot

he spoke for all of us tonight.
Thank you Jon Stewart!!

[LatteLibertine]

10. The entire

recent interview is below in three parts-

http://blog.indecisionforever.com/2009/03/13/jon-stewart-and-jim-cramer-the-extended-daily-show-interview/

[Ghost Dog]

13. That's what I was looking for, thanks! n/t

[BlueMTexpat]

11. For this interview, James Fallows has dubbed Jon "Murrow" ...

It's true: Jon Stewart has become Edward R. Murrow
13 Mar 2009 02:00 am

Through karmic guidance, I sprang awake at the exact moment Jon Stewart was beginning his interview with Jim Cramer of CNBC's "Mad Money."
<...>
http://jamesfallows.theatlantic.com/archives/2009/03/its_true_jon_stewart_has_becom.php

[go west young man]

12. Kramer just a small part of the problem.

The real issue is the system. The big big ponzi scheme.

http://www.guardian.co.uk/business/dan-roberts-on-business-blog/interactive/2009/jan/29/financial-pyramid

[redqueen]

39. Yep. I was glad to hear Jon say it was unfair

that Cramer had become the face of this issue.

[Name removed]

43. Deleted message

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

[davidpdx]

15. I'm watching it now

Stewart is ripping him a new asshole. I've never liked Cramer.

"There's a market for it and you give it to them" (referring to Stewarts question about the program Fast Money) -Jim Cramer
"There's a market for cocaine and hookers" -Jon Stewart

[onlyadream]

49. Jon is amazing, they way he can think so quickly

with such an awesome one liner zinger loaded with truth. He amazes me every time!

[davidpdx]

98. True, he reminds me of Robin Williams in a way

I don't know how the hell he came up with that line so quickly out of his head.

[radfringe]

16. I'd like to see Stewart do the same to "oxy-rush" n/t

[Norrin Radd]

17. Yeah, but Rush is too much of a coward to go on TDS or Colbert Report.

[radfringe]

24. use a "stand in dummy"

put a big hulking dummy in the chair, stewart asks a question - and the "dummy" response would be an audio radio clip

[Tarc]

57. Does El Rushbo ever go ANYWHERE to be interviewed?

Not even to safe havens like O'Reilly or Hannity that I can recall offhand. He is too scared to experience life outside of his own echo chamber.

[stanwyck]

69. Rush is Bubble Boy. He can't leave his very

controlled environment. Ever. Years ago, he made a disastrous Letterman experience. Dave had to have the studio evacuated as Limbaugh became very anxious, was sweating heavily, and there were concerns about Rush's health.
The calls to his radio show are screened. He doesn't even have the fixed fights of the Hannity or O'Reilly shows (heavily edited bouts with Hanniry and O'Reilly shouting over the opposition).
Yes. We'd love to see Rush on Stewart's or Colbert's show. But that won't happen. He's a coward. But, a smart coward. Rush knows he's no match for either Stewart or Colbert.
Jon would be gentlemanly. But the result would still be devastating. And Colbert? Just imagine. He would have Rush admitting to his own dark soul without Rush even realizing what was happening.
Now, that would be beautiful.

[zbdent]

78. I remember seeing Rush in late October 2000 commenting that, should Bush43 win the

popular vote but lose the electoral vote, there were various legal procedures he could take to make sure that he would be able to "assume the will of the people" ...

but, of course, that piece of videotape has vanished ...

[GreenTea]

82. Yep, the neocons were going to get a fascist regime anyway possible and they did by stealing it

[butterfly77]

90. Exactly..

He couldn't handle it,he has the nerve to talk about Obama he couldn't handle a inch of what Obama had to deal with through the campaign. Limbaugh is afraid of debate..

[damonm]

87. Are you kidding?

Rush wouldn't last 2 SECONDS with Jon Stewart - he's FAR too cowardly to actually debate. This is why he "challenged" The President - because he knew damn good & well that there was no way in hell that President Obama would take him up on it.
I'd love to see Rush & Ann Coulter have a tag-team debate w/ Jon Stewart & Rachel Maddow - THERE would be some entertainment!
:popcorn:

[and-justice-for-all]

18. Owned..nt

[CadenBlaker]

19. Cramer seems nice.. but...

I could see Cramer trying to lie himself out of it at a couple of points and then Jon would NAIL his ass. This is sad, I mean, Cramer seems like a nice guy, and I almost feel sorry for him, but seeing how many people take him very seriously, Jon was right. This is NOT a fucking game!

[ImOnlySleeping]

21. I think

I think Cramer realizes his career is gone. By sticking his head out, he's made himself the easy target. What he probably is grappling with a little harder is that he could lose his freedom and is trying his hardest to stay out of jail.

[spiritual_gunfighter]

77. Does Cramer remember what Jon Stewart did to CNN's Crossfire

and this was much more damaging than what Stewart said to Tucker.

[Roland99]

88. I was thinking the same thing! See my post #76!

[DireStrike]

81. I disagree.

He can spin this easily into a continuing career. He can make it a hallmark. But he has to really change himself. He doesn't have to become the person Jon and the rest of us wish he was. He just has to change in a tangible way. And he very well might. He will or his career will die.

The sad part is, there's no real scenario where he becomes a serious journalist. I don't see it happening, but PLEASE Jim, prove me wrong!

He doesn't want to report when CEOs and friends lie to him because it's "hard". He is not remorseful. He is only sorry that things worked out the way they did. He sees his role as the same. He was on spin control through the entire interview. That's partially Jon's fault for not going in for the killing blow. Jon made it personal and then did not ask the obvious question - "WHY would you not say that on TV? That is what America wants to see." The answer is that he'd probably lose his job or go to jail as a fall guy, but America needs to hear that too.

He was decent at it, some people may buy it and he may use that to help in "reinventing" himself. But he will not change.

[ImOnlySleeping]

95. Canary

The only way I buy any meaningful change is if he sings like a canary before congress.

[DireStrike]

97. He probably should.

Unfortunately, I doubt he will, and meaningful change is not required for him to keep his job. Only the perception of meaningful change.

And even that might not be necessary, considering his audience.

[Nothing Without Hope]

100. Can't see that happening. And even if he wanted to, it might be

bad for his life expectancy to cross the powerful and massively corrupt that way.

[Name removed]

47. Deleted message

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

[christx30]

20. I just got done watching the interview

My Gods... if the mainstream media was 1/4 as good at this stuff as Jon Stewart was, this country would be in much better shape. Not only does he hit hard, but he actually sits there and lets the guy respond to the question. He didn't shout Cramer down, or talk over him. The interruptions were minimal. And while Jon took him to the woodshed over his part in the meltdown, he was respectful. What's more, he wasn't playing to the audience, trying to get cheap laughs. This was an honest discussion. Jon showed no fear. I didn't believe that Jon Stewart could get any more respect from me than he already did, but here we are. We need more people like him.

[The Wizard]

28. The main stream media

also known as the Fourth Estate has transformed into a fifth column, playing the role of propaganda distributors for the wealthy elites and the most corrupt among us. When a crime is committed the path to the criminals follows the money. The first question to be answered is who benefited from the crime.
The two biggest factors controlling civilization are lust and greed, always have been and always will be.
Politics is show business for ugly people. In getting government regulators to look the other way, ugly people made enough money to buy sex with beautiful people. Base but true.

[digidigido]

58. Actually, you're judging.... it's about people who have wealth, but not necessarily

physical attractiveness, having sex with impoverished people who posses physical beauty, but not wealth, and who would rather not work too hard to attain it.
By definition you're describing a trade for 2 damaged people

[Patiod]

33. What gets me - the king of irony was 100% sincere

Stewart so often just plays a clip of someone denying something, then plays a clip of the guy saying whatever he denied, then Stewart makes a funny face (as Cramer accused him of doing).

But tonight, you could hear the sincerity in his voice. The sincerity of his distress over the people who did what they were supposed to do, saved, invested, and trusted that they weren't being gamed, while in another room, groups like Cramer's hedge funds found ways to steal their money, by gaming the system.

That's what kept coming through over and over again - Jon was 100% emotionally invested in his argument with Cramer, 100% deep-down angry at what Cramer and his ilk had done to the regular people who were screwed by the system we trusted.

(That tape of Cramer bragging about manipulating markets didn't help his case any - I'm glad we were all able to view it here on DU yesterday - it certainly added to our understanding of some of Jon's anger. )

[barbtries]

53. i'm there too

the man is brilliant and i love him.

[Vinca]

22. What bothers me the most - and why Cramer needs to be investigated -

is there is no way of knowing if the current version of Cramer is just the 2006 version in disguise. He used to feed the media information to drive stocks up or down, but now he is the media.

[mod mom]

23. This Kos diary on Cramer indicates to me he definitely needs to be investigated:

Jim Cramer Uses CNBC to Manipulate Stocks
by TocqueDeville

-snip

The story of Jim Cramer cannot be fully presented here. BUt here's an excerpt from Mitchell's book length expose that will get you into the ballpark:

Cramer, who is a sociopath, owns TheStreet.com with Marty Peretz, who is an aristocrat. Peretz is also the former editor of the New Republic magazine. He dabbles in high finance and Harvard professing, which has resulted in his entrusting a large portion of his family fortune to a close-knit group of hedge fund managers, several of whom were his students. For example, Cramer was his student. Then Cramer was destitute. He lived in a car with a loaded gun hidden under the seat. Eventually, though, Peretz gave Cramer some money to start a hedge fund, which Cramer managed with celebrated ruthlessness until he resolved to seek spiritual enlightenment as a TV news host.

Cramer had originally planned to run his hedge fund out of the offices of Ivan Boesky. Shortly before he was to move in, however, the feds busted Boesky for insider trading, making him one of the most famous criminals of the 1980s. (This is not necessarily to suggest that Boesky is the "Sith Lord" mentioned in Patrick’s "Miscreants Ball" presentation. Some people have wagered that Patrick was referring to Michael Milken, a business colleague of Boesky known as the "junk bond king," who also went to prison in the 1980s. Patrick has since modified the analogy, saying that the crime has multiple masterminds - "like Al Qaeda").

When Boesky went to prison, Cramer worked instead with hedge fund manager Michael Steinhardt. The media portrays Steinhardt as a financial wizard, a deep thinker and an all-around swell guy. The truth is, he’s a thug who perfected the concept of trading on privileged information, and pounded it into the heads of his employees. "What’s your edge!?" he’d shout, pacing his trading room floor. "What’s your fucking edge!?" After one of Steinhardt’s tirades, a top employee (and the godfather to Steinhardt’s children) had a heart attack. It is said that Steinhardt showed no remorse.

Indeed, Steinhardt has one of the most fearsome reputations on Wall Street. Which is perhaps unsurprising given that Steinhardt’s father, Sol "Red" Steinhardt, was a mobster once described by a Manhattan district attorney as the biggest Mafia fence in America. Steinhardt Sr. worked for the Genovese organized crime family, with goons like Meyer Lansky and Vinnie "Blue Eyes" Alo, before he was sentenced to a number of years in Sing-Sing prison.

-snip

http://www.dailykos.com/storyonly/2009/3/5/16720/74815/703/705113

[underpants]

25. Interesting. thanks

:applause:

[Earth Bound Misfit]

44. Thank you for posting this

Excellent & most interesting read.
:thumbsup:

[Wednesdays]

50. If it hasn't already, this article should get its own thread

Damning stuff, indeed.

[mod mom]

55. done:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x5246731

Makes me think he was a disposable fall guy.

[Odin2005]

26. LOL, Aristocrat argues with the court jester, gets pwned...

[bamacrat]

29. Oh, that was one of the greatest things I have ever seen on tv.

Cramers voice was quivering as if he thought "oh no I might actually be held accountable for all the shit Ive said over the past couple of years." Hilarious. But just points out how much more legitimate the Daily Show is compared to MSM. TDS actually questions people of their motives then calls them on their bullshit, instead of blindly accepting what their told.

[Hutzpa]

30. So these asswipes

where dealing in hedge funds where money is generated short term and
when they loose all the dough they blame mortgage holders for buying
into their BS....now, doesn't that sound like a republican strategy
through and through.

Why does the Republicans hate America????? Why???? :shrug:

Kudos to Stewart for doing an excellent Journalistic job, whereas
his colleagues are either in bed or are just plain dumb to
understand this whole mess.

[Maestro]

31. Awesome once again.

Cramer was way out of his league. I can't wait to see what scumbags like Joe Scarblow say about the interview.

[TuxedoKat]

37. Did they mention it today on MJ?

I watched most of the show but didn't see them mention it at all. Most likely they are afraid to have the spotlight turned on them by Jon Stewart.

[Maestro]

96. Cramer had appeared on Joe's show talking about Stewart

so I was wondering if he would go on his show again.

[riverdeep]

35. Stewart brilliantly used Cramer as a rep for the larger problem.

He was genuinely pissed, these people were using other people's money as a game. The financial 'journalists' were in on the scheme. I was really surprised at how hard he went after him, it was quite intense.

If only the so-called real journalists, especially the Washington crowd, would have covered the last administration the way Jon just did with Cramer, we'd have had a President Kerry if not President Dean (since that shouting incident would never have blown up).

[nc4bo]

36. wow! I actually expected a Letterman/Mccain type of interview

kindof soft and mildly ribbing with some har-de-har-I-f'd-up-har-de-har-LOL.

WOW! Stewart pounded Cramer/CNBC. How refreshing was that?!

I can't wait to see the unedited version.

[AngryOldDem]

62. There's nothing the least bit comical about this.

That's the difference. CNBC has been a huge part of the problem for years, and the day of reckoning came last night.

Stewart took the right tone with Cramer, and I'm sorry that somehow the show couldn't have been expanded to an hour. I'm going to watch the unedited version too. Looking forward to it.

[Deep13]

40. It was uncomfortable to watch.

Even though he deserved it, I could not help feel bad for Cramer. His voice was higher than normal indicating defensiveness.

"This isn't a *bleep*-ing game."

[Bigmack]

41. Dog people....

would compare the interview to a puppy approaching an Alpha male.... kinda on his belly, licking the face of the Alpha. Maybe peeing a little.

[Name removed]

45. Deleted message

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

[Gin]

48. the word "shenanigans " is used a lot......he comes from the Rumsfeld

school of lying....Cramer should be on the list of those indicted.

[Chorophyll]

70. Yes, it looked that way to me...

and I'm not even a Dog person.

[Overseas]

51. Jon Stewart was a marvelous everyman, expressing our pain and anger at the financial propagandists

I thought he was brilliant and really appreciated his statements about how we in the public feel when a leading financial news network seems to be working for the brokers pushing inflated stocks, rather than helping the general public, the millions of investors who had been told to park our 401k funds in the market for the vague promise of long term gains.

I thought he did a great job talking with Cramer as just one of the many financial advisers on the network who misled the public. He used pointed examples from Cramer's past, but indicted the whole bunch of financial propagandists. When Cramer complained that he was also lied to and wished he could have sworn in his guests to compel them to tell the truth, Stewart reminded him that we expect reporters not to take statements of CEOs at face value but to investigate their claims.

I look forward to watching the whole interview again and to reading the transcript because Stewart really captured my sentiments and expressed them so well. He spoke for all of us who wonder why our "financial advisers" let us remain invested long after they knew the market was tanking. It seems like we got the answer to which side CNBC was working for-- the Wall Street traders, not us ordinary investors.

[AngryOldDem]

60. Stewart nailed it when he compared CNBC to an infomercial.

Which, in fact, it is.

He articulated brilliantly all the issues people have with CNBC. And Cramer couldn't rebut any of them, because he knew Stewart was right. What a comparison between the Jim Cramer that was huffing and puffing about Stewart on the Today show, and the one that sat across from him last night.

Cramer nailed his own coffin shut when he admitted that he knew CEOs were coming on the network and outrightly lying. That makes CNBC complicit in a lot of what has happened, no questions asked. And sorry, the "playing dumb" act Cramer did was an epic fail, and would have been comical if the results of all this have not been so tragic. CNBC prides itself as being the best in the financial news business, so Cramer's claims that Wall Street titans pulled one over on them is simply pathetic, unbelievable, and outrageous.

I liked Stewart's description of the money of people like you and me -- which we invest in good faith -- feeding the shady backroom machinations of a few. Again -- simply brilliant. That's EXACTLY what happened. That's EXACTLY the climate that CNBC has encouraged over the past 20 years, and EXACTLY the climate that has led to Bernie Madoff, Bear Stearns, economically unrealistic Dow numbers, etc. They all basked in the heights, now they can all rot in the ruins. Trouble is, though, I and a lot of others who can't afford it are in that ruin with them.

Too bad there aren't more true journalists and reporters like Stewart. All we're stuck with now are shills, like Jim Cramer and his ilk on CNBC.

I haven't had it on, but has CNBC had any reaction to this? Most likely not.

[lilyreally]

54. Thank you everyone for the links

and reviews. My basic cable does not come with Comedy Central. :(

[underpants]

61. Welcome to DU

:hi:

[bajamary]

56. Will Rogers and King Lear's Fool

Jon Stewart is my Will Rogers.

As Shakespeare knew so very well, the comedian, like King Lear’s Fool, is the one who speaks the clearest truths with uncanny wisdom.

Thank you Jon Stewart aka Lear’s Fool.

[Arugula Latte]

59. Why is Jon Stewart practically the only one on TV giving voice to regular schmos?

Thank you, Jon Stewart. :applause:

[Unca Jim]

63. Wow.

That was a really uncomfortable interview. Still, it's sort of like a big splinter: It's uncomfortable, but it has to come out.

[President Decider]

64. ** NOTE TO EVERY CABLE NEWS CHANNEL ***

WATCH THE VIDEO: THIS IS WHAT REAL JOURNALISM LOOKS AND SOUNDS LIKE!

The sad part about it is that I can't decide if it is good or bad that we, as average Americans, have to rely on Comedy Central for solid journalism.

But in any case, let me say THANK YOU to Jon Stewart for giving us a glimpse of what news reporting looks like when you aren't afraid to tell THE TRUTH.

And also kudos to Jim Cramer for going on the show.

America is a better place because of the decisions of BOTH of these men to just tell the fucking truth.

[Lucky Luciano]

74. Yea - I will actually give Cramer for going on the show

instead of cowering away like Santelli did. I think he should get props for that because he knew Stewart is smart and that he was likely to get skewered.

I would never take a Cramer pick seriously, but when I have watched his shows, he did sometimes give good general advice...but as far as stockpicking goes...that show is not a realistic place to have a serious discussion about investing. I don't, in fact, see how such a show could possibly exist because once it gets a following it will move the market rendering the analysis useless for profit potential.

Cramer's best call was from his "THEY KNOW NOTHING!" rant that turned out to be far more true than even he suspected when he made the rant. WHen he made the rant he was probably envisioning a horrendous time when the S&P might go to 1150 or something from 1400 or so....I guess he did not expect this kind of meltdown.

They Know Nothing:
http://www.youtube.com/watch?v=rOVXh4xM-Ww

[Initech]

65. That was a thing of beauty. Cramer came off looking like a huge douchebag.

[louis-t]

66. Why all the deleted messages in this thread?

Just curious.

[Lucky Luciano]

73. Some idiot was spamming the place. nt

[Dollface]

67. If Cramer is smart he'll use this as a public epiphany and actual start doing real investigation

and analysis. Stewart Rules!

[Laurab]

68. I love Jon Stewart - and I almost felt sorry for Cramer.

Jon is brilliant, - and he cares. I cannot for the life of me figure out why Cramer would agree to go on TDS - it was a really stupid move on his part.

Thanks to the person above who provided the un-edited link, too!

[Nothing Without Hope]

102. I think that was basically Cramer's plan - try to look like he was a victim

both of lying financial sources and of Jon's skewering. Too bad for him that Jon was brilliant and respectful rather than slapstick and crass. Cramer came off looking like a complicit, consciousless liar. Anyone who thinks he's "nice" and will "change" is falling for another lie.

[Chorophyll]

72. It's interesting to me that

many Big Media outlets are scolding Jon Stewart today. In the New York Times, for example, the TV critic accused him of "losing his sense of humor" and of having a "messianic" streak.

http://www.nytimes.com/2009/03/14/arts/television/14watc.html?hp

It must suck to have a mere comedian make the entire Fourth Estate look so incompetent every day.

[Name removed]

75. Deleted message

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[Roland99]

76. Jon Stewart is a new Mike Wallace. We need MANY MORE of his ilk.

I believe that Jon Stewart had a lot to do with CNN eventually yanking the partisan bickerfest known as Crossfire. Stewart exposed it for what it was...Jerry Springer-type sensationalism that had no place in today's political discourse.

What he did to Jim Cramer and CNBC last night was much the same. Shining the spotlight on the cockroaches that cheer, cheer, cheer the short-term gain and instant profits instead of thinking of long-term stability.

CNBC has been too afraid to lose that "access". If they can't get CEOs on-air to tout their companies' financial strength (no matter if they're lying through their teeth), then that obviously means their analysis will suffer and ratings will plummet.

What they don't realize is that people, people who want to think that is, CRAVE honest journalism. Remember how 60 Minutes used to garner such big ratings? Stewart is closer to Mike Wallace in the old days, just with a humorous and sarcastic twist.

[newtothegame]

79. I don't know...

We make such a big deal out of the "beat-downs," the "hammerings," and the "slaughters," of cable news pundits like Stewart, and I wonder why do we in the same breath marginalize people like the women of Code Pink? Stewart has everyone cheering for him, his audience on his side for every issue and laughing hysterically at every little look he gives, let alone what he says; it ain't exactly hard to lay down a "beatdown" in that atmosphere. Reminds me of the Dixie Chicks; did they say the right thing? Yes. Are they heroes for saying it overseas in a venue where everyone could agree with them and cheer them on? Maybe not. What about women like Sheehan, or Code Pink, who are constantly surrounded by adversaries and yet speak the truth, with actual consequences? Stewart's consequences are higher ratings.

ed for sp

[varelse]

101. You're absolutely right

sadly :(

[DireStrike]

80. I am so glad I watched this interview.

There is occasionally false or overstated enthusiasm for Jon's journalistic capabilities. You don't always know if a much-touted clip is really solid or if you're just hearing the fawning of fans. This is a long clip (the full unedited one), three clips actually, each of them well worth it.

To see the old "I'd never say that on TV" clips of Cramer... I mean, you know this stuff is happening. But everyone in the country should see that video.

[GreenTea]

83. Wouldn't it be great fucking fun to watch Stewart take Limbaugh apart, but the pigman has no balls!

I'd pay to see it...but no amount of money could ever make the lying sissy Limbaugh come out of his hole and debate a liberal (like Stewart) on live TV....What a frightened pile of pig shit is Limbaugh!

[iscooterliberally]

84. I think it's amazing

that our only real source of good reporting is on a comedy show. I no longer watch news programs. Yeah, I'll surf the net for stuff, but as far as TV goes I can only count on The Daily Show and The Colbert Report for accurate news.

[file83]

86. The thing about comedy, and what makes it so difficult...

...is you have to have an eye for the truth. Jokes (in general) are funny, because there is truth in them which mocks us or someone else.

The flip side, is that there are jokes that use lies and hate for the "laugh". However, they are inherently LESS funny than the jokes about truth. And that's what distinguishes the amateur comedian from the masters of comedy.

And that's where Jon Stewart is king. He has a sharp mind that can cut through the lies to find the kernel of truth. Most of the times he can make a joke about what he discovers, but some truth's aren't funny. So he feels compelled (thank god) to share it with his viewers. And it is resonating with the public, big time.

[sellitman]

89. There is no one on the right that can shine Stewart shoes.

Can we get him on right before Olbermann?

Think of that line up.

Stewart
Olbermann
Maddow


Wow!

[jzodda]

91. Well will Cramer now take it to heart and become a leader?

A leader with a platform to fight these guys and tell truth to power? Or will he go back to what he has been up till now? He said he would change, lets see. I hope so, because CNBC should be protecting us and helping us honestly.

[katty]

92. go Jon, better than ever!!

[1776Forever]

99. Whose next? Hannity, Morning Joe Bunch (Cramer is one of them), Fox News, etc. etc. etc.

Line em' up and move em' out!

:applause: :popcorn: :applause: :popcorn: :applause: :popcorn: :applause: :popcorn:

[Tx4obama]

103. There are a lot of them ...

Limbaugh, O'Reily, Ingraham, Coulter, Bachmann, Palin, Hannity, BECK, ... and I am sure there are some more that I can't remember right now because of my red wine sippin' ;)

[1776Forever]

104. Stewart could retire on that line up! You got most of the trouble makers - the wine must help!

Have a sip for me please!

:toast: