Jim Cramer v. Jon Stewart

The autopsies have been sliced, the verdicts rendered.  Jim Cramer failed to stand up to Jon Stewart and, oddly, folks are holding him responsible for that.

Imagine Kissinger agin Richard Pryor.  Lenny Bruce takes on Madeline Albright.  George Carlin squares off with Karl Rove.

It was never a fair fight – the guy who claims to be right versus the guy who points at your certainly and chortles.  The guy who was demonstrably wrong takes on the guy who scores by pointing out how wrong you were.

Oh.  Did it seem one sided?  Excuse me while I put on my WHAT THE FUCK? face.

Not to defend Jim Cramer, but you gotta admit Stewart’s row is pretty fucking easy to hoe.

Yeah, Jon is informed, but talk about shooting ducks in a barrel.

This is not at all the victory crowed.  Frankly, it is (and ought to be seen as such) a little embarrassing.

It is not only Jim Cramer who needs to shut the fuck up here.

One Response

  1. 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 far less guilty than most of the other financial media for their 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.

    The Campaign to Cancel the Washington National Debt By 12/22/2013 Constitutional Amendment is starting now in the U.S. See: http://www.facebook.com/group.php?gid=67594690498&ref=ts


    Ron with 30 plus years in the investment business and banking industry.

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