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Old 03-13-2009, 05:58 AM   #1
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Default Jon Stewart v.s Jim Cramer On The Daily Show

Jon Stewart was armed with plenty of ammunition when he faced off with Jim Cramer on Thursday night’s edition of The Daily Show. "It's Not A FUCKING Game"

Video: http://www.truthed.com/videos/499_jo...daily_show.htm
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Old 03-13-2009, 09:03 AM   #2
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I believe this is called "journalism".
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Old 03-13-2009, 09:58 AM   #3
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It is interesting that the only ones who practice real journalism are the comedians such as Jon Stewart and Stephen Colbert. They are fake news broadcasts who satire all political sides. It is also amusing that the only one to give Sen John McCain an honest interview about his campaign tactics was David Letterman. Why don't these journalists do their fucking job? CBS, ABC, NBC, CNN, FOX, AP and all the other news producers just don't do it. They are more interested in Anna Nicole Smith's will and who Jennifer Annisten is fucking.

I must say that Jim Cramer was a real good sport for doing the interview. He at least admitted he was part of the problem, and the video of him talking about fudging the numbers to make a quick profit was very illuminating about the huge problem. It seems a lot of the big boys kept doing the numbers fudging, until the numbers were not there.

Last edited by kidflash2008; 03-15-2009 at 09:30 AM. Reason: edited for spelling
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Old 03-13-2009, 10:33 AM   #4
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That's, allegedly, how the government worked too. Apparently the government would fudge the economic statistics (beginning with Reagan) and it looked better than it actually was. Ethics is the most important thing in economics and when you forsake that, things just fly out of control. There's a reason regulatory agencies failed.

My Civil Rights teacher told us about a job offer he received from the CIA way back in the 80's. He had a degree in economics, but at the time couldn't find work. The job he was offered paid $13,000 in a position to oversee the financial markets. He refused the job because he needed more money than that... lol.
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Old 03-14-2009, 08:51 AM   #5
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It is amusing that the Republicans and Blue Dog Democrats are giving President Obama a hard time because of his large budget. This time, he is including the cost of Afghanistan, Iraq and the military's personnel medical care. Those numbers were always omitted by the Bush Administration.
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Old 03-14-2009, 10:03 AM   #6
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I could have sworn the Yellow Dog Democrats all switched to Republican back when Truman was running...

He didn't even have to say the fact that ethics is the problem, because he basically had the proof right in front of him the entire time, talking to Jim and then playing tapes; he summed it all up with "I want the Jim Cramer on 'Mad Money' to protect me from that Jim Cramer".
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Old 03-15-2009, 09:42 AM   #7
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The tapes were of the very smart money making Jim Cramer. He does give some tips like that to his viewers. His motto is: Bulls make money, bears lose money, and pigs get slaughtered. Most of Mr Stewart's fans do not watch the show, and I think they may have gotten the wrong impression about it. Mr Cramer is not a journalist like most of the alleged reporters on CNBC are supposed to be. He has an entertaining show that does teach about the stock market. One of the main thing he always tells his viewers is to not take his word, but to do their homework (research) on stocks they like or are interested in. I still think Mr Cramer should get credit for having the balls to appear on the show. There are reporters who should be the ones doing the explaining, not just Mr Cramer.

BTW, make sure to catch the unedited version on Comedy Central. The edited version shown on Thursday took out some intelligent things Mr Cramer said and was a bit biased.

I think it was also quite personal for Jon Stewart, since his 75 year old mother appears to have lost her investment because of the fallout. His anger was real, and the editing may have lessened the real reason why.

No excuses for the reporting and lack of insight from the supposed specialists. I started to think more about the interview and watched the uncut one again. There is plenty of blame to go around, and the only one who really got it right was Suze Orman. She was telling all of her viewers who were thinking of buying a second home for an investment that the housing market is in a bubble and will go down. She would ask if they were going to buy the house out right (which was OK), or if they were going to get a mortgage (bad idea). I wonder why the financial and other news networks aren't interviewing Ms Orman?
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