This is a follow up to this clip, below, that we ran after it first aired. You may want to watch the one below first.
Of course we should be crushing Comedy Central for their crappy servers and poor video feeds.
Support the Blog — Buy This Book!
For Kindle and with free ePub version. Only $9.49 Great reading.
Here is what Gary Shapiro CEO of the Consumer Electronics Association (CEA) said: Dvorak's writing sings with insight and clarity. Whether or not you agree with John's views, he will get you thinking and is never boring. These essays are worth the read!
Put this ad on your blog!
Syndicate
Subscribe to Main Blog feed here:
Subscribe to Comments too (below):
Junk Email Filter
Smoke and mirrors. That’s all it ever was.
I blame it on computers. Look at the dow in relation to computer technology. It’s flat line until the mid 80’s and then it starts to climb disproportionate to the actual economy in a widening deviation that was completely unsustainable.
Good for Stewart in owning up to his mistake. Would he have done it if he didn’t have the additional footage?
“I am not persuaded that 20,000 additional troops in Iraq is going to solve the sectarian violence there . . . In fact, I think it will do the reverse. I think it takes pressure off the Iraqis to arrive at the sort of political accommodation that every observer believes is the ultimate solution to the problems we face there. So I am going to actively oppose the president’s proposal.”
By your logic, if you’re wrong about one thing you’re wrong about everything…
Hilarious. Very funny indeed.
But a bit unfair towards Cramer I think, because the guy makes a living making short term calls on stock markets, which is extremely difficult if not impossible, and people just have to accept that and recognise that most of these calls are going to be wrong.
If Stewart was recommending a sell back then then I think he would be more justified in his criticisms, but it’s just too easy to pick on someone from the comfort of your own home with the benefit of hindsight.
Those links don’t work in Canada. Not JCD’s fault, Comedy Central’s.
#5: Well, what started the whole thing was Santelli’s rant about how he doesn’t want to bail-out homeowners for their irrational exhuberance, which was not helped by CNBC’s coverage.
I did have fun reading Jim Cramer uses CNBC to Manipulate Stocks over at the Daily Kos. Surprised few others picked it up (to praise or rant at).
Cramer is going to be on Comedy Central this Thursday.
http://ccinsider.comedycentral.com/2009/03/10/breaking-jim-cramer-on-the-daily-show-thursday/
Cramer is his own punchline.
His advice is of similar quality to paid advertisements and is as honest as a door-to-door salesman.
Dirtydog said, on March 10th, 2009 at 11:02 pm
Hilarious. Very funny indeed.
But a bit unfair towards Cramer I think, because the guy makes a living making short term calls on stock markets, which is extremely difficult if not impossible, and people just have to accept that and recognise that most of these calls are going to be wrong.
Wrong, Cramer engages in insider trading and intentional “pumping and dumping” of stocks…
http://www.dailykos.com/story/2009/3/5/16720/74815/703/705113
He should be put behind bars.
6 http://www.thecomedynetwork.ca
They stream the daily show there, both clips are still alive.
The only place you here nothing about this story is CNBC. Looks like the GE brain trust has told the CNBC staff to no say anything about it on air.
Cramer is like a rabid dog. Whos paying him to push what stock is the question.
I’m afraid Crammer would be bringing a knife to a gun fight if he goes against Stewart. That said anyone basing a stock trade just on Crammers advice would be on the naive side. Most day traders go busted fast. Of course over the last year my experts holding my 401K performed just about as well. And that was in the safest investment category.
#6 Milo, try Hotspot Shield.
But a bit unfair towards Cramer I think, because the guy makes a living making short term calls on stock markets, which is extremely difficult if not impossible, and people just have to accept that and recognise that most of these calls are going to be wrong.
I’m not disagreeing with you, but I’d like to point out that flipping a coin would result in being right about half the time, which is a better average than “most of these calls are going to be wrong”.
#5, dirtydog,
But a bit unfair towards Cramer I think, because the guy makes a living making short term calls on stock markets, which is extremely difficult if not impossible, and people just have to accept that and recognise that most of these calls are going to be wrong.
Well, I disagree. The LEIBERTARIANS on this blog are very ripe with this thing called “taking responsibility for your actions”. He said it so therefore he meant it. If he screwed the pooch then he should admit it.
That he, along with most of the whole stock market / finance sector, act as if they are above criticism is their downfall.
The only financial advice I ever trusted on TV was that weird dude who had the Friday night show on PBS. Can’t remember his name now.
Oh, and back in late September someone on NBC was ranting about getting out of the stock market, get it all out, do it now, etc. Hmm, that might have been Cramer, in fact. Beats me. Anyway, I switched my 401k to bond funds, making a whopping 2%. 🙂
Wall Street Week with Louis Rukeyser. He always looked as if he was made up by a mortician.
I love it when this goofball points to the derivative traders and declares “this is America.”
Derivative traders are NOT friends of average Americans.
#18 I also miss his show. He would come on Friday evening, giving you all weekend to digest something instead of the “Fast Money” type shows. Also, he would have his guests on and would recap their performance for the past year. Nothing about the show was frantic or fast paced.
Today, the show would have a snowball’s chance in Hell of ever being shown.
Good old Jon is at it again
“Gosh, you know ah, the treatment of the Palestinian people for maybe the past 50 years isn’t so nice either.”
clip was taking off YouTube
#20–Greg==good point not really being made in our media nor in Washington. The great American financial system that went bust and is being rescued is a rich mans playground, not engaged in anything productive, most of it was illegal or highly regulated after the last depression, AND–there is no legitimate reason to allow “derivative financial instruments.”
They should all be outlawed as parasitic gambling devices of fraud.
I’m convinced now==let all the big finanancial institutitons fail and start dealing with the reality thats left. Most of the feared harm is not real, not mainstream, not the economy. Remaining banks with a bit of federal help can pick up all the slack that is needed.
Stewart/Colbert/Cramer Nation,
THE ORIGINAL FIGHT NIGHT!
Here is a Promo Poster/Image I made for Thursday’s showdown! Hopefully Cramer or Stewart will see this and use it on Wednesday to promote the show!
http://gloombergnews.com/?p=470