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  1. #20
    Swarthylicious Member Spino's Avatar
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    Default Re: There's nothing unique about Jim Cramer

    Stewart's coverage of Cramer (from what little I saw) was well done, his staff really covered the bases. My problem with Stewart is that he seemed to go after Cramer with such abandon. I mean seriously, we're talking about Jim Cramer! Stewart treated Cramer's flubs as if they were the height of irresponsibility. This as opposed to say, Obama's parade of appointees with tax problems? I don't recall seeing any sound bites of Jon blowing a gasket or pontificating over any of that.

    Cramer's show, Mad Money, is done in the same vein as Comedy Central, it's entertainment albeit in the form of Wall Street talk drenched in infantile gags and emo rants. Only a fool is going to accept all of Cramer's advice at face value (and apparently not many fools at that based on the ratings I've seen).

    The vibe I'm getting is that Stewart and his writers want to hold Cramer morally accountable for his actions. I don't care if they make fun of Cramer and his emo hi-jinks laden hypocrisy, my problem is with them treating him as if he's part of the problem. I don't want to invoke the age old expression 'caveat emptor' but if I did I would first need someone to tell me what exactly is Cramer selling? Nothing! No wait, hot air. Cramer is nothing more than the broadcast equivalent of an op-ed columnist looking to make a splash with his daily column. Ok, so he felt supremely confident about purchasing Bear Stearns' stock weeks before it tanked... silly Cramer! Who the hell cares?!?

    But back to our Latin lesson does the even the spirit of the phrase caveat emptor mean anything to people anymore? If people want to play cowboy with their savings and frolic in the high risk world of stocks based upon Cramer's emo pearls of frenetic wisdom then that's their business. There are a wealth of sources available online, in libraries and in bookstores that will help someone not familiar with investing put together a sensible plan and help them navigate and/or idenitfy some of the hazards of Wall Street. Sensible people are wiser with regard to how they spend and invest their money and above all, they don't take ninnies like Cramer to heart. I believe Stewart's problem is that he probably believes on some deeper level that people (in this case investors) should only be held accountable for their actions when there is no individual, entity or external force present that can affect their judgment... you know, in a perfect world where nothing bad ever happens. Ridiculous.

    In short I'm at a loss as to why Jon Stewart is telling the world we're supposed to feel sorry for people who lost their nest eggs because they prayed at the altar of the emo ninny known as Jim Cramer!

    Last but not least where is all of this indignation and self-righteousness when Jon has the big wigs on his show instead of wimpy wussheads like Cramer? I guess it's easier to kick a retarded puppy in the head than a pitbull.
    Last edited by Spino; 03-17-2009 at 05:03.
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