Occasionally we introduce contradicting terms on Faux News (e.g. friendly fire, benign tumor, amicable divorce etc.), but anyone who watched Jim Cramer on the Daily Show with Jon Stewart attempt to resolve, rationalize and explain himself knows that if that had been a fight it would have been stopped before the first commercial break. Stewart was more prepared, more in control, more poised, and as we now see much smarter than Jim Cramer. Stewart said “it would be nice to see you guys giving honest business answers and not be the defenders of Wall St. insiders vs. the 401k people…than I can go back to telling fart jokes”.
The Stewart show was prepared with a clip from 2006 showing Cramer talking about doing to the market exactly what he was claiming to be against (cheating, G-d bless interns). The first 3rd was Stewart peking and poking, the second 3rd was exposing Cramers hypocrisy, and the 3rd was Cramer swearing to revise the way he runs his show. Stewart concluded his show by saying “I hope this was just as uncomfortable for you watching this as it is for me saying this”. We salute you John, and we are thankful for people like you who ask the hard questions.
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Not much of a fan of Stewart but he most certainly handed Cramer his ass on a silver platter. I guess the only advice I have is don't take investing tips from tv. If you want to invest find someone a little more credible than Cramer.
ReplyDeleteThis is a reply to a post Norman left on my site: I couldn't find the article you were referring to but let me clarify a point. I do not advocate sending illegals back per se. I am an absolute proponent of controlled immigration. My wife, my stepfather and my grandfather were all immigrants. My wife from Mexico, stepfather from El Salvador and grandfather from Cuba. I could hardly advocate sending any of them back. Having said that we need to close up the borders so we can control who does come here. We can reasonably restrict immigration without being xenophobic or racist in the process. I hope that clarifies my stance on the subject. Thanks for the post, I look forward to more exchanges.
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