Not that things like facts and reality matter to you....but Stewart's point overall was that the financial news media should have been a watchdog, should have been our first line of defense against some of the shady shit that was going on....and instead they were nothing but cheerleaders and mouthpieces for CEOs.

His intent was never to single out Cramer, but then Cramer fired back, and then they got into a back and forth.

The whole purpose of the press, and the reason their freedom is guaranteed in the constitution, is that they expose corruption and speak the truth to power.
The financial media failed miserably in this current crisis the way the mainstream media failed miserably in the run up to the Iraq war. :2 cents:

there are some good expose's about cramer online, about how he used the media to manipulate the market for him and his cronies, and their ties to organized crime.

this guy isn't simply a "corporate cheerleader."

Wall Street is public enemy number 1 in tough times. You can even go back to depression era gangsters, whom the public was actually quite fond of because they were targeting banks. Cramer vs. Stewart is just a modern day version of that.

It's funny because nobody had a problem with the system when the little investor was making a lot of money for more than 10 years straight. Nobody has a problem with the 401k's that were cashed out up until 2008 at huge profits. A lot of money was made by people on all levels.

Yeah, the fall hurt. But to blame some TV news station for not warning people it was coming is just ridiculous.

Did you watch the clips? "You can't create yourself an impression that the stock is down. But you do it anyways because the SEC doesn't understand it."

Do you want people on your financial news network saying things like that? Cramer could have exposed this but they didn't.

After watching the whole interview, I have to say John Stewart came off like a self righteous douchebag. I'm a big fan of the daily show, been watching it since the beginning when Craig Kilborn hosted it, but I got a little irritated with Stewart.

Cramer is a not a news guy. Those clips they showed where Cramer talked about manipulating the market, those were public clips, not some hidden camera footage. Cramer did expose the insider tricks.

If you read and watch Cramer you will get more of an idea of the back room stuff that really drives the market than from any other source. John Stewart came off as a some Utopian fool thinking the two markets are this giant evil that he has uncovered, one that the public sees and the one that goes on in smoke filled board rooms. WAKE UP! That's how the whole world works!!!

CNBC isn't really a news network the same way FOX isn't a news network. But if you used CNBC you could actually make money. They reported on what news was moving the market. It wasn't real, but it doesn't fucking matter, it was moving the market so as an investor, you needed to know that information whether it was bullshit or not.

Interesting take.

I on the other hand think he came off like a guy taking a self-riteous douchebag to task, largely because the self-riteous douchebag asked for it.

I'm staying tuned because I can't wait for next week's exciting episodes where even MORE douchebaggery will be revealed. :D

Jim Cramer is a fucking dipshit

http://2.bp.blogspot.com/_WAi2txkagV...jim_cramer.jpg

StuartD: The grass doesn't care about the people.

Jim Cramer got busted bigtime. I think some PR person gave him some good advice and told him not to even try arguing with Jon Stewart. Funny how he suddenly decided to go on Martha Stewart to get in front of the exact opposite audience that watches his Mad Money show... talk about milking it for whatever he can...

I dont think I am going to be buying stocks for a looong time lol...

Jim Cramer explains how he illegally manipulates a company's stock price:

he is a pussy despite the yelling he does on his show

I loved it. I couldn't believe how much he backed down. I love when Stewart comes out swinging.

Fuck you dude for saying it this well before I could.

:thumbsup:thumbsup:thumbsup

Here's an article on Baron's for anyone that is interested:

Cramer's Star Outshines His Stock Picks

People have been pointing out how Cramer's picks have been below the market average for quite some time. Seems like it's really starting to gain some steam now.

bro are you delusional?

you of all people should know the media is full of shit and is 100% pushing a biased agenda.

do you honestly think Obama was the product of reason, he was concocted 100% by the media and the agendas behind its owners.

everything on tv has an agenda, buyers remorse is a bitch, but you idiots keep falling for the same shit over and over again.

js is the man

Cramer is smart but hes a puppet that caters to his hedge fund buddies. Its no surprise that Stewart owned him.

Santelli on the other hand has been on the mark for some time now. His on air rant was not insulting your general mortgage holders. It was directed at the idiots that took out mortgages (including additional lines of credits) on over priced homes they couldn't afford. IE: The guy that bought a $750,000 house with a $200,000 second and went and blew the money on a BMW and flat screen TVs. Meanwhile he makes 30k a year.

I would like to see the "entertainer" Stewart go head to head with Santelli instead of a shill like Cramer.

This message is hidden because Splum is on your ignore list.

So the corporate owners of the big media establishments wanted Obama to win? :1orglaugh:1orglaugh:1orglaugh

You asking people if they're delusional is like Rod Blagojevich asking me if I'm having a bad hair day. You really shouldn't go there.

Indeed..