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Cramer felt ‘blindsided by Stewart’s hostile approach.’

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:38 AM
Original message
Cramer felt ‘blindsided by Stewart’s hostile approach.’
Cramer felt ‘blindsided by Stewart’s hostile approach.’

Since his brutal interview with Jon Stewart on Thursday, CNBC host Jim Cramer has largely disappeared from public view. He skipped a planned Friday morning appearance on MSNBC’s Morning Joe, and although he did his regular Mad Money show, he didn’t address the Daily Show interview. MSNBC producers were also asked to avoid bringing up the debacle during yesterday’s programming. Today, the Washington Post’s Howard Kurtz writes hints at the internal turmoil the interview caused, noting that staffers were “furious” with Cramer for failing to defend the network:

Cramer has told colleagues he felt blindsided by Stewart’s hostile approach. But many CNBC staffers were furious with Cramer yesterday for failing to defend the network’s reporting or to criticize Stewart’s video clips as selectively edited or out of context. CNBC declined all interview requests, saying in a statement: “CNBC produces more than 150 hours of live television a week that includes more than 850 interviews in the service of exposing all sides of every critical financial and economic issue. We are proud of our record.”

Cramer used an analogy to the college basketball playoffs to depict himself as the underdog. “When you are a Big East team and you are 16th seed in the Western Regional, you just want to leave with your head intact,” he said by e-mail. “When I walked out, I checked in the mirror. It was still attached. So I am thrilled to have been in the tourney.“


http://thinkprogress.org/2009/03/14/cnbc-cramer/
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WannaJumpMyScooter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:40 AM
Response to Original message
1. hostile?
I don't think he was hostile at all.
He should have been more hostile.
Who came up with that? His nephew in the underwear writer?
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:41 AM
Response to Original message
2. Martha went hard on him.
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Tansy_Gold Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:43 AM
Response to Reply #2
5. eeeiiiiiiuuuuwwww. n/t
.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:42 AM
Response to Original message
3. Asking direct questions is hostile, apparently......
In this era of softball corporate media, it's sad but true.
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shireen Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:44 AM
Response to Reply #3
7. i'll never forget Stewart's cross-fire appearance
it was the beginning of the end of that show.
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 11:55 AM
Response to Reply #3
24. I suppose he expected to be asked about his feelings...
Stewart, FOR *ONE* - GETS IT.

We with the 401k's have lost tens/hundreds of thousands. We we paying into our funds every month when the market was 50% higher than it is now. Paying high prices... WHY?

The people at CNBC should be the most outraged about this, instead they sit around thinking about how great it must be to be a billionaire while putting on a aire of superiority. Fuckers.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:42 AM
Response to Original message
4. Gawd. Because he was exposed for the corporate shill that he is?
Because he couldn't defend himself against the truth?

Did he not know anything about Jon?

What a whiner.
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MADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:45 AM
Response to Reply #4
9. His colleagues are doing the bulk of the whining. He's simply playing the victim.
He should have known that his invitation to appear wasn't going to be a tea party, given the news of late.
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Blue Diadem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:48 AM
Original message
Sounds like CNBC is a bunch of whiners too.
Poor babies, Cramer didn't defend them. :rofl:

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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:44 AM
Response to Original message
6. Failure to apply critical thought to easily made obversations is not Stewart's problem
Boo fucking woo, Cramer. Poor lil beady eye weasel didn't get the fun time he wanted. Some big bad ol comedian was tough on him.

Guess beady eye weasel doesn't understand the history of The Fool. Stewart is a classic Fool, the guy who stumbles in, plays dumb and zings the king.

Weasel is just trying to deflect attention from the very valid points Stewart made. Weasel trying to weasel out of taking responsibility for his actions to aid and abet the Ponzi scheme that has hurt so many who were trying to plan for old age.

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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:59 AM
Response to Reply #6
17. CNBC continued to hawk beachfront property as the record-setting tsunami approached.
Edited on Sat Mar-14-09 10:59 AM by TahitiNut
Idiots ... and their customers.

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Vinnie From Indy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:45 AM
Response to Original message
8. Cramer's worst enemy is Jim Cramer
Edited on Sat Mar-14-09 10:46 AM by Vinnie From Indy
It is almost as if he had a death wish. Does he have NO friends or advisors that would have told him to STFU and quit making things worse for himself. In the end, Cramer's career is over and it appears that he had it coming. The bad thing in all this is that Cramer all but volunteered for the job of being the patsy for the rest of the CNBC viper pit. As sure as the sun rises in the east, Cramer's own pals will throw his dumbass under the bus and try to make the entire criminal complicity between media and Wall Street appear to be the work of one man - Jim Cramer.
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zanne Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:46 AM
Response to Original message
10. I can see why Cramer thought that Stewart would soft-peddle it.
Jon Steward has often baffled and frustrated me with "nice", civil interviews that have not been at all hard-hitting and have left many people off easy. I imagine Cramer expected that kind of an interview. I'm so glad he didn't get it! Thank you, Jon Stewart!
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Lost in CT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:48 AM
Response to Reply #10
12. Maybe he saw Stewart's interview with Tiny Blair and had High hopes. nt
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:48 AM
Response to Original message
11. Bullshit. Sounds like another republicon whiner
Edited on Sat Mar-14-09 10:51 AM by SpiralHawk
Be a Big Boy, Cramer. The message was telegraphed to you loud and clear for a week ahead of time. You sound totally like a republicon. You cannot expect Americans to respect that. Americans have had a belly full of republicon lies, corruption, incompetence, and avoidance of responsibility.
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RedCappedBandit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:51 AM
Response to Original message
13. Oh, Cramer.. I thought he was "just a comedian"?
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Whoa_Nelly Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:52 AM
Response to Original message
14. Oh Boo-Hoo and WAAAAAAAAAAH
Cramer agreed to appear, agreed with many of the statements made by Stewart, allowed the video clips of himself on CNBC (and wouldn't CNBC had to have given permission for use?), and even admitted he was wrong in his statements and his actions in leading the public.

Cramer is playing the hurt puppy because he is under the microscope, in full public view, and had his credibility shredded by the truth.

Fuck off, Cramer. Your crying jag of being blindsided is pathetic.
You fucking led those who follow you into making bad financial choices.
Just who blindsided whom?


Beware the Ides of March, Cramer.
Am going to guess the Sunday shows, minus MSNBC's Meet The Press, are going to rip you a whole new one.





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Waiting For Everyman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:53 AM
Response to Original message
15. The network is unrepentent, at least Cramer is or pretends to be.
Which shows that he at least has more common sense than the network or its "staffers". So that makes them doubly guilty, and twice as bad as Cramer.
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 10:56 AM
Response to Original message
16. "Mommy! He's laughing at us!"
Edited on Sat Mar-14-09 10:57 AM by TahitiNut
CNBC has become a joke in the service of greed. They have their heads in the capitalist barrel and only hear the echoes of their own farts.

A sane person can only laugh ... lest that sane person otherwise run amok with an ax.

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jobycom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 11:14 AM
Response to Original message
18. Stewart was a bit hostile, but Cramer was completely unprepared.
I watched it thinking Stewart was taking some easy shots, doing a lot of selective editing, and not giving Cramer time to form a message. He also tightly controlled the interview so that Cramer couldn't move it into an area where he felt stronger. I thought at times Stewart was stacking the deck and being a bit harsh. But it seemed more even-handed than most of what I see on television these days. And Cramer is a pro, he should have been prepared for that.

Cramer underestimated Stewart. He expected a comedy routine he could easily deflect, but Stewart was smarter and quicker than Cramer expected. And I don't think Cramer expected Stewart's force of personality. Stewart didn't flinch, never showed uncertainty, never lost his tone of command. I was even surprised by that--he put a lot of "more serious journalists" to shame. And some of Stewart's tone showed that he expected Cramer to fight back tougher. He softened it towards the end, without backing off his message.

All in all, Cramer just failed. I got the feeling he wasn't used to being questioned, and also that he was used to situations where everyone liked him. He tried to give nice, safe answers, and Stewart wasn't allowing that.

And finally, I think Cramer's biggest problem is that he agreed with Stewart. I think he knows he blew it, that he wasn't being a critical journalist over the years, that he's cost people who trusted him a lot of money. Cramer went along for the economic ride rather than being the analyst his show claimed he was, and I think he just had too much guilt to mount a good defense.

It will be interesting to see whether Cramer becomes a better analyst after this, and whether CNBC adjusts to the criticisms.

Just my random thoughts. Probably wrong, as always.
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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 11:45 AM
Response to Reply #18
22. IMO, your assessment is very fair. But then, how many times have the Mediawhores stacked
their decks against telling the Truth and exposing lies and propaganda?
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otohara Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 11:15 AM
Response to Original message
19. One Must Wonder Why He Under The Impression
he'd be greeted with softball questions after attacking Stewart as just a "comedian". This "comedian" employees people who have watched their 401k's dwindle down to nothing along with the rest of the country.

The idea that he felt "blindsided" just shows once again how out of touch he is and he has only himself to blame for being unprepared.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 11:16 AM
Response to Original message
20. :>)
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 11:40 AM
Response to Original message
21. Stewart wasn't hostile until Cramer tried to shift blame
Other than that, the interview asked hard questions that needed to be asked and certainly should have been asked by main stream media.

Stewart played it straight instead of going for cheap laughs.

Cramer knows he's been crucified. He also know he's unlikely to rise again tomorrow morning. It's all over except for being fired and finding a nice place on Roatan Island for the rest of his life.

I love the chutzpah of that "all sides of every critical financial and economic issue" line.
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fishwax Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 11:51 AM
Response to Original message
23. No Big East team would ever be a 16 seed. Idiot.
:eyes:

I wonder what he expected of the interview? And it didn't seem to me that Stewart was hostile at all, until Cramer baldly lied to his face, saying that he would never actually advocate manipulating the market, and if it sounded like that's what he said then it was simply a case of being inarticulate.
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Rider Haggard Donating Member (142 posts) Send PM | Profile | Ignore Sat Mar-14-09 11:58 AM
Response to Original message
25. If Cramer didn't know what he was walking into he needs some help.
Jon was nice and polite and the only thing I don't believe Cramer was expecting were the five year old tapes of him talking Hedge funds.
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PA Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 11:59 AM
Response to Original message
26. That explains why CNBC doesn't ask CEOs and Wall Street moguls the tough questions:
they don't want to be "hostile". That's the way CNBC, forego real reporting so you can be best buddies with the people you are supposed to be keeping in check and keeping honest. :eyes:
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noamnety Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:24 PM
Response to Reply #26
31. Amen!
Can't say it better than that.

If he thought Stewart was being "unfair" by being brutally honest, he missed the point entirely.
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Veritas_et_Aequitas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:06 PM
Response to Original message
27. No wonder he sucks at his job.
He can't even make simple predictions based on past experiences. Was he not paying attention to Stewart all week or is he just that stupid?
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backscatter712 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:08 PM
Response to Original message
28. Awwwwww...
:nopity:
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Fleshdancer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:18 PM
Response to Original message
29. well obviously
Instead of addressing what Stewart said about CNBC, Cramer dismissed Stewart as "just a comedian" all week. Cramer was blind sighted because he refused to open his eyes. It really is that simple.
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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:23 PM
Response to Original message
30. Blindsided?! No Cramer. Stewart's foot landed right square up your ass
and claiming that someone blindsided you just because your much vaunted dick went limp in response to hearing the truth is pretty lame. You lost because you had nothing to fall back on in order to uphold your actions.
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johnaries Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:34 PM
Response to Original message
32. He couldn't defend CNBC because they have no defense.
As for the "taken out of context" defense - what context could possibly justify his words in those clips? Stewart nailed Cramer and CNBC, period. There is no defense.
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:37 PM
Response to Original message
33. Cramer wasn't blindsided-he just knew Stewart was right & he couldn't deny it.
:grr:
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Arugula Latte Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:37 PM
Response to Original message
34. Kinda like the little people were blind-sided by Wall St., eh Jim?
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:39 PM
Response to Original message
35. "to criticize Stewart’s video clips as selectively edited or out of context"
Would be to lie. Clearly they are just pissed that Cramer didn't lie well enough to Stewart..
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EstimatedProphet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 12:42 PM
Response to Original message
36. Well Cramer, you may be out of your job after this
At least you have a load of investments, right?

Oh, wait...
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lutefisk Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 01:02 PM
Response to Original message
37. I guess he doesn't understand the concept of cummupance
:applause:
:applause::woohoo:
:rofl: :rofl: :rofl:
:rofl: :rofl: :rofl: :rofl:
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PopSixSquish Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 01:12 PM
Response to Original message
38. Cramer Made Himself the Face of CNBC
Go back and look at the original piece that started all of this. Jon took off after all of them not just Cramer. I'm kinda surprised that the guy who asked "What's it like to be a billionare?" to Sanford and got a resounding "fuck you" wasn't the one screaming bloody murder.

Cramer is the one who started carrying on and that was like teasing the tiger. What did he expect? Jon and the Daily Show writers were just going to ignore that. Yes, Jon is a comedian and a damn funny one at that and most comedians get their material by lampooning the idiots of our society.

Hey Jimmeh - "Fuck you"
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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 01:13 PM
Response to Original message
39. Since I can't comment on that site without registering, I'll comment here.
First, I turned off CNBC, along with CNN et al, about five years ago, because I realized that they were nothing more than an infomercial outlet for fund managers and publicists of various corporations. I thought Stewart was tough but very respectful and polite to Jim Cramer. Cramer is under no obligation to defend the network particularly when the internal culture of it is so very wrong. If they want a defense, get their lawyers on it.

“CNBC produces more than 150 hours of live television a week that includes more than 850 interviews in the service of exposing all sides of every critical financial and economic issue. We are proud of our record.” This statement is plainly disingenuous at best.
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dd20045 Donating Member (48 posts) Send PM | Profile | Ignore Sat Mar-14-09 01:29 PM
Response to Reply #39
40. criminal criminal criminal
jim cramer is a criminal...no other words.stewart showed the proof where is the sec to swoop in and prosecute....if i was a lawyer id be looking for ways to prosecute rite now....i hate cramer and cnbc.......criminal news brodcasting coverage
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Medusa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 01:35 PM
Response to Original message
41. He's even dumber than I thought.
Jesus how stupid is this asshole he couldn't have known he wasn't going to be warmly received by Stewart? Or did he just assume that he'd get some giant pass from Stewart for just coming on the show? :crazy:
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 01:55 PM
Response to Original message
42. Rec'd~ This is important follow-up
news to the ongoing cramer vs Stewart saga.

Poor widdle cnbc.
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 02:22 PM
Response to Original message
43. American investors have lost $11 trillion in the last 6 months
The people who have lost are the small investors who don't employ their own personal financial consultant. They get their advice, such as it is, from cheerleaders like Cramer.
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pink-o Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 03:47 PM
Response to Original message
44. Hostile? OMG what a wussie!
I thought Jon was very calm and had done craploads of research (more than CNBC, it seems!). His metaphors, such as taking something linear and turning it into Geometry were great. I was pretty impressed with how informed Jon was and how he kept Cramer on message. I don't know that much about the Market, never had the money to invest, so I can't imagine having all those facts at hand.

But even though I'm economically ignorant, I'm psychologically savvy. I get human nature: and throughout the interview, I was thinking that even though Jon is being objective, there's something personal going on here. He revealed it at the end, when he mentioned his 75 year old mother had put a lot in long-term investments.

If someone had fucked up my mother's retirement, and some other guy had tried to lie about it, I'd've been a LOT more hostile, I can tell ya that!!

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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 03:52 PM
Response to Original message
45. Then he's admitting he could pour piss from a boot....
if the instructions were written on the heel. He is a selfish, greedy, bratty juvenile who needed scolding. He was found out and I bet this sociopath is uncomfortable ONLY with getting CAUGHT swinging on the corporate meat.
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Motown_Johnny Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 03:56 PM
Response to Original message
46. Grasping at straws... Stewart wasn't that hostile and he has done the same thing to others
Cramer should have known exactly what he was walking into, if he didn't it was his own damn fault.

For Example:

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


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Garbo 2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 04:02 PM
Response to Original message
47. Cramer didn't expect a comedy news show to actually commit journalism.
Cramer scoffed at Stewart: "He's a comedian!" Now he's complaining that a comedian gave him a tough (but polite) interview. Cramer's real opponent on that show was not Stewart but his own statements preserved on video.

Cramer's a whiner. And publicity hound. He didn't have to start the "feud" with Stewart, who had not directed his previous rant specifically at Cramer. Cramer did the grand media tour for his own self-aggrandizement. He went on Today Show for a cross promotional friendly jaunt to the mother ship and then later complained that the Today Show "sandbagged" him.

What next for Cramer? An appearance on Sesame Street so he can later complain that he was roughed up by a muppet?

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