jon stewart killed cramer. did anyone watch?

[sealybobo]

I didn't watch matter of fact ,wouldn't have, but having said that it was bound to have happened Cramer was out of his element and was in Stewart playground. IMO...bad decision by Cramer.

But good for us. He admitted what we suspected but could not prove. Now lets take this country back. No reason those bankers should keep all that money or run our country any longer.

Despite crippling losses, multibillion-dollar bailouts and the passing of some of the most prominent names in the business, employees at financial companies in New York, the now-diminished world capital of capital, collected an estimated $18.4 billion in bonuses for the year.

http://www.nytimes.com/2009/01/29/business/29bonus.html

Time to end the Federal Reserve. Our government should control/run the banks, not private bankers.

Rothschild said, "let me control the currency and I don't care who makes the laws".

I say no bailouts at all. However, money is king just like oil and coal. Long live the free market system.

This isn't a free market thing going on. Consider the bankers magicians and with one hand they are distracting you and with the other, they are emptying the treasury.

All in the name of free markets.

Or as they do it, they call it socialism, when in reality, the Robber Barons are looting us.

Time to wake up and realize you have been bamboozled.

Based on your reply, you still don't get it.

 

[Toro]

I thought Cramer did fine.

Stewart made some implications which were flat out wrong. He implied that CNBC knew what was going on and were complicit in fraud and/or abbetting in the looting of people's savings. He may have been right for taking CNBC to task for being anything other than an entertainment network, but the simple fact is that most everyone on Wall Street has been hurt by the financial crisis, some very badly. I understand the frustration, but to imply that the network is somehow in cahoots with rich people who fleece everyone else is simply wrong.

 

[Freemason]

But good for us. He admitted what we suspected but could not prove. Now lets take this country back. No reason those bankers should keep all that money or run our country any longer.

Despite crippling losses, multibillion-dollar bailouts and the passing of some of the most prominent names in the business, employees at financial companies in New York, the now-diminished world capital of capital, collected an estimated $18.4 billion in bonuses for the year.

http://www.nytimes.com/2009/01/29/business/29bonus.html

Time to end the Federal Reserve. Our government should control/run the banks, not private bankers.

Rothschild said, "let me control the currency and I don't care who makes the laws".

I say no bailouts at all. However, money is king just like oil and coal. Long live the free market system.

This isn't a free market thing going on. Consider the bankers magicians and with one hand they are distracting you and with the other, they are emptying the treasury.

All in the name of free markets.

Or as they do it, they call it socialism, when in reality, the Robber Barons are looting us.

Time to wake up and realize you have been bamboozled.

Based on your reply, you still don't get it.

Bamboozed NO, and you remarks directed at me lack value or foundation.

 

[WillowTree]

Well just damn.. Look who protects hedge funds and wall street.




http://www.nytimes.com/2007/07/30/washington/30schumer.html?pagewanted=all





WASHINGTON, July 29 — June was a busy month for Senator Charles E. Schumer. On the phone, at large parties and small gatherings around the nation, he raised more than $1 million from the booming private equity and hedge fund industries for the Democratic Senatorial Campaign Committee, of which he is chairman.

But there is another way Mr. Schumer has been busy with hedge fund and private equity managers, an important part of his constituency in New York. He has been reassuring them that he will resist an effort led by members of his own party to single out the industry with a plan that would more than double the taxes on the enormous profits reaped by its executives.

Mr. Schumer has considerable say on the issue. In addition to being the third-ranking Democrat in the Senate leadership, he is the only Democrat serving on both of the major committees, Banking and Finance, that have jurisdiction in the matter.

 

[manifold]

Cramer is a douche.

Stewart was less belligerent than I expected. But figuratively speaking, he did rip off Cramer's arm and beat him over the head with it until he was nothing but a sobbing, bloody mess.

 

[manifold]

I also got a kick out of Cramer throwing everyone and anyone under the bus. Oh, they lied to me, don't you see that I'm just a victim here like everyone else? boo hoo hoo...

 

[jillian]

I thought Cramer did fine.

Stewart made some implications which were flat out wrong. He implied that CNBC knew what was going on and were complicit in fraud and/or abbetting in the looting of people's savings. He may have been right for taking CNBC to task for being anything other than an entertainment network, but the simple fact is that most everyone on Wall Street has been hurt by the financial crisis, some very badly. I understand the frustration, but to imply that the network is somehow in cahoots with rich people who fleece everyone else is simply wrong.

to be fair, stewart also said "this song isn't about [cramer]" but about the financial media in general. cramer was a gentleman as was stewart and is, unfortunately for him, just the face of the issue for now.

But Stewart also showed tapes of cramer telling people at a financial seminar that he KNEW what wall street was doing in terms of manipulation of hedgefunds, etc. so i don't think he was being unfair at all. cramer sat there trying to play stupid and, how did stewart put it? oh yeah... "like a doe eyed innocent"... and jon just showed not that cramer was criminal, but that in not talking about the "other" wall street, the financial news media wasn't doing its job. Cramer went so far as to admit that they didn't because they really didn't think the ride was going to end.

does that make them complicit?

 

[editec]

Stewart didn't KILL Crame.

That was NOT his point.

The thread title ought to be changed, or my original thread ought to be reconstituted so that my framing of this event is recognized because the framing of this thread is entirely not my point.

I am not pleased to see that my post has moved from my thread to this one.

My write me, Gunny, so that we can discuss this violation of the spirit in which I STARTED a thread with into this us v them thread title.

That is diametically opposed to my point and I did NOT respond to the sentiment:

"jon stewart killed cramer. did anyone watch?"

 

[manifold]

I thought Cramer did fine.

Stewart made some implications which were flat out wrong. He implied that CNBC knew what was going on and were complicit in fraud and/or abbetting in the looting of people's savings. He may have been right for taking CNBC to task for being anything other than an entertainment network, but the simple fact is that most everyone on Wall Street has been hurt by the financial crisis, some very badly. I understand the frustration, but to imply that the network is somehow in cahoots with rich people who fleece everyone else is simply wrong.

to be fair, stewart also said "this song isn't about [cramer]" but about the financial media in general. cramer was a gentleman as was stewart and is, unfortunately for him, just the face of the issue for now.

But Stewart also showed tapes of cramer telling people at a financial seminar that he KNEW what wall street was doing in terms of manipulation of hedgefunds, etc. so i don't think he was being unfair at all. cramer sat there trying to play stupid and, how did stewart put it? oh yeah... "like a doe eyed innocent"... and jon just showed not that cramer was criminal, but that in not talking about the "other" wall street, the financial news media wasn't doing its job. Cramer went so far as to admit that they didn't because they really didn't think the ride was going to end.

does that make them complicit?

It makes him somewhat analagous to the guy that cheered everyone on, but didn't actually rape Jodi Foster in the Accused.

 

[editec]

did anyone watch the daily show? cramer got killed

Isn't that the show where Liberals get their news? No, didn't watch it.

You ought to watch that particualar show, Xsited.

Your kneejerk belief in liberals v conservatives is not serving your well intellectually.

That show was NOT IN ANY WAY about Cramer v Stewart.

It was an indictment of the SWINDLE which is happening to ALL of us, and most EXPECIALLY the investor class.

 

[editec]

I didn't watch matter of fact ,wouldn't have, but having said that it was bound to have happened Cramer was out of his element and was in Stewart playground. IMO...bad decision by Cramer.

Had NOTHING to do with that.

You have to watch it.

You cannot intuite what happened, based on your preconceived notions of who you imagine those guys to be.

 

[manifold]

You can always tell when editec feels very strongly about what he's posting because his grammer and spelling take a serious nose-dive.

But for the most part, I agree with him on this one.

 

[WillowTree]

did anyone watch the daily show? cramer got killed

Isn't that the show where Liberals get their news? No, didn't watch it.

You ought to watch that particualar show, Xsited.

Your kneejerk belief in liberals v conservatives is not serving your well intellectually.

That show was NOT IN ANY WAY about Cramer v Stewart.

It was an indictment of the SWINDLE which is happening to ALL of us, and most EXPECIALLY the investor class.

you really really ought to check out Chuck Stewart..

 

[Toro]

I thought Cramer did fine.

Stewart made some implications which were flat out wrong. He implied that CNBC knew what was going on and were complicit in fraud and/or abbetting in the looting of people's savings. He may have been right for taking CNBC to task for being anything other than an entertainment network, but the simple fact is that most everyone on Wall Street has been hurt by the financial crisis, some very badly. I understand the frustration, but to imply that the network is somehow in cahoots with rich people who fleece everyone else is simply wrong.

to be fair, stewart also said "this song isn't about [cramer]" but about the financial media in general. cramer was a gentleman as was stewart and is, unfortunately for him, just the face of the issue for now.

But Stewart also showed tapes of cramer telling people at a financial seminar that he KNEW what wall street was doing in terms of manipulation of hedgefunds, etc. so i don't think he was being unfair at all. cramer sat there trying to play stupid and, how did stewart put it? oh yeah... "like a doe eyed innocent"... and jon just showed not that cramer was criminal, but that in not talking about the "other" wall street, the financial news media wasn't doing its job. Cramer went so far as to admit that they didn't because they really didn't think the ride was going to end.

does that make them complicit?

I understand that completely. But there are a couple of points.

First, Cramer was a hedge fund manager, where you are expected to perform NOW. There is tremendous pressure (and reward) in that business. Thus, many hedge funds game the system. What Cramer did in that clip was to pull the veil back and show a murky underworld in the market. For that, I think he did an enormous service because that crap goes on.

However, what Stewart argues is that Cramer's clip represents the market, that this is how insiders screw the public through the market en mass. That's incorrect. Most insiders are not doing that. Most insiders have been hurt, some badly so, over the past six months. There is a tremendous amount of pain on Wall Street. Thousands of hedge funds are being shut or will be shut soon. Fortunes have been wiped out. People have killed themselves.

I am not a fan of Cramer, and I am accutely aware of the foibles of CNBC. And the criticisms of Stewart that CNBC is holding itself as a beacon to guide you through this crisis is fair. However, the forces that have taken down the financial community are far beyond anything anyone on Wall Street could possibly precipitate.

 

[editec]

You can always tell when editec feels very strongly about what he's posting because his grammer and spelling take a serious nose-dive.

But for the most part, I agree with him on this one.

You so nailed me on that, Mani.

When I am fuming, as I am with this so called meltdown, I am far more concerned with getting my thought down in ascii than spelling or grammer.

Hey, I KNOW I need a copy editor.

But I honestly believe that what Stewart is doing for the American people might very well be the healthiest thing for this society that I have ever seen on TV.

Wall STREET is a ongoing criminal class fleecing the investor class, folks.

It is precisely those of you who work hard, pay far too much in taxes, and who are truly conservatives that this crowd is ripping off.

What amazes me about some of you is that you really think the POOR and UNIONISM are your problems.

Our government has become a co-conspirator in the classist crime.

They are turning the USA into a third world shithole with YOUR help.

It's not even the top 1%, the people who are superwealthy, who are in on this.

It's a fragement of those people who are ripping us ALL off. Them and their servants, of course.

But as long as there are hatemongering liars like RUSH who direct your attention to the crumbs falling off the table, most of you don't notice that you are not invited to the banquet, but ARE EXPECTED to pay for it.

This system is predicated on deluding most of you that SOME DAY your petty bourgeois status will change and you too will be invited to the manor.

Never gonna happen, gang.

But as long as these disinfomration specialists can appeal to your childish conceits, you'll keep giving them the power to screw you and your children generation after generation.

As far as I can tell, Obama isn't about changing this system, he's about jump starting it again, so that it can continue.

 

[sealybobo]

You can always tell when editec feels very strongly about what he's posting because his grammer and spelling take a serious nose-dive.

But for the most part, I agree with him on this one.

You so nailed me on that, Mani.

When I am fuming, as I am with this so called meltdown, I am far more concerned with getting my thought down in ascii than spelling or grammer.

Hey, I KNOW I need a copy editor.

But I honestly believe that what Stewart is doing for the American people might very well be the healthiest thing for this society that I have ever seen on TV.

Wall STREET is a ongoing criminal class fleecing the investor class, folks.

It is precisely those of you who work hard, pay far too much in taxes, and who are truly conservatives that this crowd is ripping off.

What amazes me about some of you is that you really think the POOR and UNIONISM are your problems.

Our government has become a co-conspirator in the classist crime.

They are turning the USA into a third world shithole with YOUR help.

It's not even the top 1%, the people who are superwealthy, who are in on this.

It's a fragement of those people who are ripping us ALL off. Them and their servants, of course.

But as long as there are hatemongering liars like RUSH who direct your attention to the crumbs falling off the table, most of you don't notice that you are not invited to the banquet, but ARE EXPECTED to pay for it.

This system is predicated on deluding most of you that SOME DAY your petty bourgeois status will change and you too will be invited to the manor.

Never gonna happen, gang.

But as long as these disinfomration specialists can appeal to your childish conceits, you'll keep giving them the power to screw you and your children generation after generation.

As far as I can tell, Obama isn't about changing this system, he's about jump starting it again, so that it can continue.

I love your post. Seems pretty accurate.

Not sure about the last part though. I'm hoping Obama is better than you think.

But as far as taking back the Federal Reserve, he has not said he is willing to do that yet. They did talk about nationalizing the banks for a little while and then turning them back over, but that's not exactly what Ron Paul & Dennis Kucenich are suggesting.

Maybe it would be suicide to be so bold so quickly?

But Obama is going to at least re regulate these industries so they can't do this again. Oil, mortgage companies, banks. And you see how hard these corporations are fighting him with lobbyists and anti Obama stories they push on us via Fox News. Mind you that is the GOP station.

So at least Obama and the Dems are going to re regulate. The GOP isn't even willing to do that much. They want to keep things the way they are, only with less regulations. Make the markets even freer.

And give more tax breaks. Even though they have a less stimulitive effect on the economy, they insist that is the way.

 

[wimpy77]

people on wall street know in their minds regulations is coming. they failed a regulating themselves and now the government is going to have to do it.

 

[N4mddissent]

Jon Stewart is a comedian. But the best comedians have a cutting insight into the world, whether society, politics, or our personal lives. He also has a social conscience. And when he just gets completely frustrated that journalism is so neutered in this country, he finally lets that insight loose, not as comedy, but as a spotlight. And usually toward journalists, like Cramer. If you have never seen Stewart's appearance on CNN's crossfire a few years ago, do a google search and you'll see this same Stewart.

 

[sealybobo]

Jon Stewart is a comedian. But the best comedians have a cutting insight into the world, whether society, politics, or our personal lives. He also has a social conscience. And when he just gets completely frustrated that journalism is so neutered in this country, he finally lets that insight loose, not as comedy, but as a spotlight. And usually toward journalists, like Cramer. If you have never seen Stewart's appearance on CNN's crossfire a few years ago, do a google search and you'll see this same Stewart.

John Destroys CNBC

SFGate: Politics Blog : Jon Stewart's beat-down of Rick Santelli/CNBC (VIDEO)





John going to destroy Cramer tonight! (3/12)

SFGate: Politics Blog : Cramer v Stewart: TONIGHT on Daily Show



The Daily Show Full Episode | Thursday Mar 12 2009 | Comedy Central

 

[sealybobo]

John said, "if only i listened to CNBC, I'd have a million dollars today, provided I started with $100 million.

You must listen to all the wrong/bad advice that was given last year on CNBC. So funny.