Jon Stewart Takes Jim Cramer Apart
By Justin Gardner | Related entries in Comedy, Economy, History, VideoCramer should have just shut up and taken his lumps. Instead he tried to make it Stewart the boogeyman and here’s how that turned out.
Yes, Cramer actually fired back and then tried to use the excuse of, “Well, but, but, but Warren Buffett and stuff!”
I’m sure we’ll have more tomorrow.
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March 11th, 2009 at 10:36 am
Stewart did an entire bit on CNBC which sparked the Cramer rebuttal. After seeing the Stewart bit, was surprised that Cramer would have opened his mouth at all.
March 11th, 2009 at 1:19 pm
Kind of odd that a smart guy like Kramer, bad Bear Stearns pick notwthstanding, would fail to grasp the first rule of holes.
March 11th, 2009 at 1:48 pm
KK,
“Smart guy” – Cramer? Yea, right! I remember watchin him in the late ‘90″s prior to the dot.com bubble crash. He took that bubble over the horizon and watched it come crashing down along with all his ‘buy’ recommendations back then, too. The last time I watched him was, shortly after that debacle, he went on, all teary-eyed, apologizing for his over-exuberance to his fans who lost their shirts! Then he thanked his broker for pullin him out of all his failed stock picks before he lost his!! Stewart put it nicely – Cramer, F$@K-YOU !!
Justin; The other funny thing was the way Cramer made the rounds on all of the NBC affiliates – the Today show, MSNBC; where what’s his face, clown, idiot guy took some shots at Jon Stewart. WTF? They get a little bonus in the mail for towin the Co. line? It’s really pathetic. If I didn’t stop watchin CNBC already for all of their partisan, Right leaning, CEO propaganda, I’d be done with them, for sure, by now – GROW UP, get a life and try doin’ what you’re paid to do – report the financial news!!
March 11th, 2009 at 4:23 pm
Listening to the soundbites, which may not be fair but is fun nonetheless, you almost get the feeling that Cramer was getting $$$ to endorse Bear. He enthusiastically instructs people to buy the stock.
March 11th, 2009 at 5:04 pm
I liked his response on Morning Joe. Cramer got totally taken out of context. I don’t love the guy but I think he’s being unfairly taken out. Hell the dude was hardcore Obama during the last year now all of the sudden people say he is hardcore GOP which isn’t even close to true.
March 11th, 2009 at 6:36 pm
I don’t know how many people say he is hardcore GOP; hardcore dufus, maybe, but not hardcore GOP.
CNBC’s dirty secret is this: they are not journalists. They only play journalists on TV. CNBC is all a gaining access to and cozying up to corporate bigwigs so they can sell advertising to companies. Their audience is Wall Street, not Mainstreet.
Anyone who watches CNBC who is trying to gain some perspective is out of his or her mind. CNBC is the video arm of the PRNEWSWIRE; nothing more.
March 11th, 2009 at 9:23 pm
No, bubbaquimby, he did not get taken out of context. Pay closer attention.
March 12th, 2009 at 1:07 am
Jon Stewart took Cramer out of context that first time; the second piece with the context added is even more damning. Cramer would have been wiser to leave bad enough alone.
March 12th, 2009 at 8:03 am
Well, tonight (thursday) we see if Cramer can do some better damage control when he appears on The Daily Show across from Stewart….you know Stewart will ease up on him now.
He’s a comedien, not a bastard.
Besides, Stewarts real target was the financial “reporting” and Sanatelli, not Cramer.
March 12th, 2009 at 8:35 am
I seldom watch CNBC. On occasion I have watched documentaries that I found very interesting and informative. But I watch neither Cramer nor CNBC often enough to have a credible informed opinion. I have been under the impression that this must be true for almost everyone else, but go figure.
I will say that their documentary house of Cards is astonishingly well done and that every single American ought to watch it. They’ll be showing it in classrooms 50 years from now, of this I have no doubt.
If they are paid toadies in Wall St’s pocket, then the Street sure didn’t get its money’s worth.