Jon Stewart is being hailed as a hero by the Main Stream media for sucker punching CNBC's Jim Cramer. He's not a hero, he's a coward.
Jon Stewart is a comedian whose comic genius lies in having a dozen writers find out of context clips of politicians (nearly all Republicans) allowing him to make a childish face afterwards to remind the viewers that what they just saw was funny (in case they didn't know). He does fawning interviews with Pro-Obama or Anti-Bush spin doctors and gotcha interviews with anybody on the other side. It is funny if you just can't get enough of - Bush is/was an idiot, mockery. I laugh sometimes. Mostly though, it's tiresome and getting more tiresome each night.
Because ratings are falling, Stewart's latest scheme is to blame CNBC, and primarily Cramer, for the demise of the stock market. Stewart's own portfolio has probably taken a beating - you can hear it in his voice. But he won't say so. That might suggest he was as financially stupid and greedy as many of us were.
Stewart wants to come off as a hero here. How can you not? Big banks, Wall Street, and our own government oversight failed us - let me blame them publicly by picking on a finance entertainer.. booo...hisss. It is of course, cowardly.
Where are the tough interviews? Where are Alan Greenspan, Ben Bernanke, Franklin Raines, Barney Frank, Chris Dodd? Where's Maxine Waters? Where's the Democratic leadership of the House of Representatives and Senate who have controlled those bodies into their 3rd year? The recession started in December 2007! The Democrats controlled Congress and have chaired the Banking Committees, Finance Committes, Ways and Means, and have had majorities in all the finance oversight committees since the election of 2006!! Oh wait - they're all Democrats.
Envision me doing a snarky little frozen face with my index finger to my pursed lips saying " Oh that's right Jon - you don't do Democrats.."
Cowardly Jon Stewart. Always laying blame on the easy targets and letting the real crooks pass.
By the way Jon, if you really watched CNBC you'd find that for every bull marktet analyst - they bring on a bear market analyst. There has been plenty of doomsaying by their analysts over the years and while they can't reach out with a mallet and hit greedy idiots like you over the head every time they suggest wariness, they are indeed there. It's your choice not to pay attention.
Oh and CEOs might be telling lies or exaggerating? Enron, Jon,- please pull your head out of your ass.
Here's one for you. Buy low, sell high. Stock investing 101. If you don't do that, you're greedy and stupid.