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Showing posts with label John Stewart. Show all posts
Showing posts with label John Stewart. Show all posts

Friday, March 13, 2009

New Video From The John Stewart Show With Jim Cramer !





Comedy Central's Jon Stewart capped off a week-long battle with CNBC's Mad Money man Jim Cramer by literally reducing him to quivering apologies ?





A clip showing the latest mano-a-mano between public figures on opposite sides of the political spectrum, this time between Comedy Central's "The Daily Show" host Jon Stewart, and CNBC Financial
Jim Cramer.


While I enjoy watching Cramer every night, one must remember the show is primarily entertainment. The financial networks exist to promote their advertisers financial and investment products. Who would expect them to warn about the credit bubble or coming Washington national debt collapse which will destroy much of the remaining private wealth in America today or what this will do to the dollar, the stock market, bonds, gold or the real estate market?
It is ironic that Jon Stewart and a comedy show instead of the regulators or news media had to bring all of this public. Also in Cramers defense he is less guilty than most of the other financial media for their media efforts together with Wall Street, the politicians incompetent regulators for what has happened.
China is now worried about their dangerous over investment in US Treasury obligations. Washington ’s long-term choice is either repudiation or monetization. For monetization to be effective, the depreciation in the dollar would have to be substantial and this in turn would dramatically raise prices of imports for American consumers which would mean a tremendous drop in foreign imports. Debt monetization would cause more disruption to exporting nations than selective repudiation of Treasury debt.
What are your thoughts ??

Thursday, March 12, 2009

Jim Cramer Vs John Stewart - heats up againest each other !

You have to hand it to Jon Stewart: The Daily Show host at least has the good sense to mock his "Basic Cable Personality Clash" with Jim Cramer the very moment it becomes mockable.
Cramer, the relentlessly incorrect host of CNBC's Mad Money, discussed his ongoing war of words with Stewart this morning on sister NBC shows Today (on the flagship network) and Morning Joe (on MSNBC). Even he seemed to think the feud was being inflated beyond all reason. "I think you ought to lighten up," he told Morning Joe host Joe Scarborough as Scarborough ranted against the Daily Show.
Stewart apparently feels likewise. So while he made fun of some of Cramer's statements from the NBC morning-show tour on the Daily Show tonight, as promised, he also made light of the clash itself. As it turned out, those were the show's funniest moments (see latter half of the clip above).
Why is it so much fun to watch these two entertainers fight? Cramer's been taken down a peg before, after all. There are plenty of serious examinations of the state of the economy out there. But that's all so depressing, especially when you realize there will be no Jon Stewart-supplied punchline at the end.Jon Stewart has, to borrow a phrase from former cohort Stephen Colbert, just put Jim Cramer on notice.
The burgeoning feud between the fake-news purveyor and Mad Money man was kicked up a notch yesterday after Cramer called The Daily Show a "variety show" and Stewart went back on the offensive.
The latest round kicked off when Cramer appeared on Today on Tuesday and was asked by Meredith Viera how he felt being called out by Stewart for telling CNBC viewers last year that "Bear Stearns is fine"—just before the investment bank went under.
"Oh, oh, a comedian is attacking me!" said Cramer derisively. "Wow! He runs a variety show!"
Stewart fired back in a brutal eight-minute Daily Show tirade. "You don't have to make comedians sound like a venereal disease," cracked Stewart. "And 'variety show'? What?! They make me sound like some kind of buffoon, just flapping my arms with crazy buttons and wacky sound effects!"
The video then cuts to Cramer doing exactly that, hitting his trademark buzzers and silly sound effects while hyping stock picks on his heavily watched CNBC show.
Stewart also showed Cramer being interviewed yesterday on MSNBC's Morning Joe in which anchor Joe Scarborough said, "Maybe Jon Stewart can tell us what the markets are going to do over the next 10 years."
To which Stewart retorted: That's why I don't make the claim to any authority. That's why my network doesn't have the slogan 'In Stewart We Trust.' They don't want people to think I'm God," replied Stewart, poking fun at CNBC's "In Cramer We Trust" tagline.
The feud, billed by Stewart as "Cramer vs. Not Cramer: Basic Cable Personality Skirmish '09!" could come to a head on Thursday now that Cramer has agreed to be the featured guest on The Daily Show.










Go Cramer !!!!!!!!!!!!!!!!