The Jon Stewart Interview with CNBC's Kramer

[lokringbob]

I just wondered if anyone else watched the Daily Show last night? I could not believe the interview with Kramer from CNBC's Mad Money. I think you can see it on YouTube or Comedy Channel web site.
I personal thought Jon Stewart nailed it on the head and showed this guy and the majority of CNBC for what they are, parrots for corporate America and the financial markets.
And after they were a sleep at the wheel as far as the markets were concerned they give the excuse that they are just trying to be "entertaining".
So I put it out there anyone else have an opinion of the interview last night ?

 

[swestoyz]

On 3/04 Jon was expecting Rick Santelli to come on his show but Rick canceled earlier in the day. Rick's cancellation spured one of the best Daily Show's I've ever seen. I haven't caught Jim's interview yet, but I'm looking forward to it later this evening.

Ben

 

[jeffg]

Cramer used to run a large hedge fund, and he not only admitted to manipulating markets, on one TV appearance he told other fund managers to do the same.

It's like shooting fish in a barrel. Rush Limbaugh started this tactic on his radio and now-defunct TV show (i.e. playing back old interviews and video clips, and holding people accountable for what they said weeks, months or even years earlier). Jon Stewart has made it a point to use the same tactic, and many Republicans/Neocons have been exposed as bigger lying frauds than even most Democrats.

But there's nothing surprising here, to anyone who's had more than a year or two of college education. We already know the U.S. economy has been controlled by a tiny group of multinational cartels since the 1960's; that the "free market" has been a near-complete myth since that time; that America has become a nation of indebted slaves by design, and that we're permanent hostages of our banking and credit systems, etc etc. Taking Cramer to task for manipulating markets is like trying to figure out which two guys in major league baseball didn't use steroids at some point in their careers.

 

[runematic]

You do realize Cramer is an avowed uber-liberal, not a "neo-con".

 

[jeffg]

Cramer is a social liberal. Fiscally he's somewhere between Ronald Reagan and Ron Paul.

 

[tuthill]

I'm a huge Daily Show fan, so I saw it. I really like Stewart. He also brings up excellent points, and I love how he went after Wall Street in general, not just Cramer. Bill Maher too, I feel like those two guys are looking out for me and common sense lol.

 

[mattl]

Stewart's point about how CNBC is too buddy buddy and inside with Wall Street should be expanded to include ALL network/newspapers. I don't think any source is truly looking out for the average person anymore. When was the last time you heard a reporter challenge ANYTHING coming out of a talking head's mouth? Sure many attacked the Bush admin, but never to their face.

With the death of the newspaper I'm worried that there will be even less actual reporting done, and no one to do it.