Jim Cramer Will Be Thrown Under The Bus by CNBC & Wall Street

[Vinnie From Indy]

I am still a bit mystified as to why Jim Cramer seems hell bent on going to prison. He has pretty much ruined his career as a financial advisor by seemingly volunteering to post himself front and center in the face of a gargantuan groundswell of furious anger as personified by John Stewart. His madness and stupidity aside, there is no doubt in my mind that CNBC will very soon toss Cramer to the wolves and paint Cramer as the sole perpetrator of any crimes committed by CNBC. He is already a walking dead man to them and the only benefit they can wring from his sorry ass now is to make him a scapegoat.

The media is not "missing" the point with Cramer v Stewart, they are actively trying to make it the point. Anyone that believes these folks in the media are not trying to nip the story of pervasive media/Wall Street collusion over the last decade in the bud are the ones "missing the point".

Put a fork in Cramer in regard to him being part of the club now. Judging by his recent actions, I doubt that he is even aware that he about to be served up as the distraction of the month by his fellow pals at CNBC and Wall Street.

[Warpy]

1. Maybe now that it's all gone pear shaped

he's developed the one major liability for being in the financial industry: a conscience.

He's showing all the signs of somebody who has at last realized the game of financial one upmanship has serious real life consequences for innocent people.

Consciences are inconvenient things that lead to all sorts of corporate ills from moneywrenching to whistleblowing. They'll want to oust him as quickly as possible.

They'll find a sociopath to take his place. They always do.

[Odin2005]

5. In fact the God of "Shareholder Profit Maximization" demands such sociopathy.

The corporation is a sick, immoral, and disgusting institution. It's why I'm a socialist.

[lurky]

2. They can blame it all on "bad apples" and

hope that nobody notices the whole system is rotten to the core.

[Vinnie From Indy]

4. It's always the arrogant idiots that are chosen for the role of scapegoat

Cramer all but volunteered to be the face of the systemic corruption at CNBC. He will only possibly understand just how stupid he has been as he sits in Federal prison reviewing his idiocy in regard to taking Stewart's initial focus on Rick Santelli and transferring it to himself. I hope that Santelli at least sends him a fruit basket for jumping in front of the bullets meant for him.

[Jackpine Radical]

3. You see it exactly as I do.

As I said elsewhere, the point was not missed my M$M. Buried by them is a better way of putting it. They took a generic condemnation and turned it into a personal attack on Cramer. This is a standard tool for changing the topic and trivializing substantive issues.

[SidDithers]

6. "In Cramer we Trust"...

it's going to be awfully hard for CNBC to disassociate itself from Cramer. As Stewart said, it's unfortunate that Cramer has become the face for the outrage directed at CNBC, but he's the face because CNBC made him such a prominent part of their business "coverage".

Sid

[Joey Liberal]

7. He deserves it. nt

[TahitiNut]

8. Yup. It's like I said yesterday ... he shamed them. Ablatives take the heat and fall away.

Cramer will be CNBC's ablative.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5246992&mesg_id=5249618

[octocat lady]

9. "Furious anger as personified by John Stewart?!"

I finally saw that exchange last night. Big effing whoop. Reminded me of the Senate hearings when the politicians (who are probably up to their eyeballs in it, themselves) slap various people on the wrists. That was the Stewart thing, IMO. Whole lotta NOTHING. And he shook his hand when it was through.

[Waiting For Everyman]

10. That would be a big mistake. (But that's what they do best.)

Cramer knows "where a lot of bodies are buried". Throwing him under the bus might not be such a smart move on their part.

I expect they'll snap out of that, after some blustering against him.

[MannyGoldstein]

11. Nah. He'll Do Fine, Just Fine.

This will all blow over in the media as fast as Britney Spears and her latest psychodrama. Once per episode for a few months, Cramer will refer to the difficult environment for prognostication in late 2008 to early 2009.

And that will be it.

[Roland99]

12. GEMSNCNBC will ignore this like it never happened.

nothing will change.

[scottl]

13. Yes, it will blow over soon!

Just as soon as another baboon attacking human story hits the cable networks!

[Kahuna]

15. I agree. Nothing will become of this bru ha ha. nt

[misanthrope]

14. Yeah and he'll have to be resigned to his personal worth...

...estimated to be above $40 million. Poor guy.

[bodacious21]

16. Cramer vs Stewart

Please tell me you understand that the Daily show is entertainment and not a real news show.

[ejpoeta]

17. hey, dailykos has the stewart v crossfire episode on the frontpage this morning.

very insightful. very good to watch.

[KharmaTrain]

18. Cramer Is Far From The Worst On That Network

If you want to take that pop stand down, go after Lawrence Kudlow. This "human" is ten times worse than Cramer...willingly shilled for his buddies and pet stocks and surely profitted handsomely from his special teevee perch. And what was his advice? Maybe Jon Stewart should focus in on that next.

I give Cramer credit for coming on the show and taking the lumps. Kudlow would have never had the cajones to do such a thing.

I'll leave my options open here about Cramer. Let's see how he reacts in the days to come. Had he gotten a message from not just Stewart but the large support he's recieved and actually follow through on his promises to stop being a market cheerleader and more of a critical analyist (he's NOT a reporter or journalist and much as Stewart isn't) or will he revert back to the class clown of the network?

[Mari333]

19. Santelli was smart enough to run away

and the whole media is missing the point..CNBC 's collusion with Wall Street...Cramer will be an easy scapegoat . I hope Stewart continues to blast CNBC ....

[Karenina]

20. Jon has done his bit. I hope Americans in large numbers

realize how badly they've been manipulated. :think: When Cramer goes down, may he take his homies down with him.

[upi402]

21. don't step in it

it wont clean off, you'll have to throw away your shoes