peenie 2,005 Posted March 13, 2009 i'm watching the daily show and jon stewart is laying into jim cramer. Share this post Link to post Share on other sites
kilroy69 1,271 Posted March 13, 2009 It was pretty good. You don't usually see that. Share this post Link to post Share on other sites
Giants Fan 85 Posted March 13, 2009 I just watched it, and it was yesterday's show with Paul Rudd. Share this post Link to post Share on other sites
swamp dog 0 Posted March 13, 2009 i loved the point about sitting on your ass and expecting to get 20 percent back on your money and how is that a good work ethic? hey, i invest...but it's a good point: the pull-yourself-up-by-the-bootstraps crowd loves "hard work" but they love sitting on their asses and making money hand-over-fist a lot better. Share this post Link to post Share on other sites
Franknbeans 46 Posted March 13, 2009 [Farley]that was AWESOME![/Farley] Share this post Link to post Share on other sites
peenie 2,005 Posted March 13, 2009 well the part i liked was when he said, you all told us to put our money away and don't touch it, meanwhile in the backroom the money is being traded and we have no clue about what's going on BUT YOU knew and you didn't tell us. my retirement is such a joke, i don't even look at it anymore. lol, steven colbert is interviewing some british economist who compares the united states to an emerging market. colbert said, "it's a submerging market!" Share this post Link to post Share on other sites
swamp dog 0 Posted March 13, 2009 well the part i liked was when he said, you all told us to put our money away and don't touch it, meanwhile in the backroom the money is being traded and we have no clue about what's going on BUT YOU knew and you didn't tell us. my retirement is such a joke, i don't even look at it anymore. all these focks are short-selling wolves and greedy wh0res: http://news.yahoo.com/s/realclearpolitics/...sm_and_bear_rai Share this post Link to post Share on other sites
nobody 2,926 Posted March 13, 2009 i loved the point about sitting on your ass and expecting to get 20 percent back on your money and how is that a good work ethic? hey, i invest...but it's a good point: the pull-yourself-up-by-the-bootstraps crowd loves "hard work" but they love sitting on their asses and making money hand-over-fist a lot better. Well it's not like you just pick a stock symbol out of the hat and then riches. You have to do a lot of research to make money. Share this post Link to post Share on other sites
kilroy69 1,271 Posted March 13, 2009 all these focks are short-selling wolves and greedy wh0res: http://news.yahoo.com/s/realclearpolitics/...sm_and_bear_rai ###### that man. Of course they are If you don't want short selling. Outlaw it. In a bull market short sellers can get crushed when the market gains 400 points in a day and the stock they are betting against jumps 2 bucks just on the market uptick. You don't see them saying" ohhh I wish there was a cap on how high the stock would go" Or Man these people that take long positions are greedy wh0res. Its all in what the market is doing. If you can make money doing something legally, do it. If its harming the economy that bad they should ban it. I just think that blaming shortsellers is not really justified. Share this post Link to post Share on other sites
GettnHuge 2 Posted March 13, 2009 I haven't seen much of the going back and forth but it's quite easy to play armchair qb on this. I like the comments here about: why doesn't he pick warren buffet who said GE was a good buy? Or scarborough's pointing out how many times you could bring up where stewart was wrong like mocking the surge or general petraeues. I'm no big fan of Kramer, but at least he puts himself on the line a bit. http://www.youtube.com/watch?v=3SkAGQAfibU Share this post Link to post Share on other sites
nobody 2,926 Posted March 13, 2009 Wow I just watched it and that was a reaming. I fell sorry for Cramer. He was in a real bad spot. Every time the poor guy tried to defend himself, Stewart would say don't take it personal, and then he would go back to attacking him. Share this post Link to post Share on other sites
Giants Fan 85 Posted March 13, 2009 I give Cramer props. He takes live calls and gives you his opinion straight up. He'll give you a buy or sell on any stock. Once I saw him say, "I don't know the company." He's not just pulling this stuff out of his arse. Friggin straight out the West Village, my homeboy Stewart messed him up though. That was a thing of beauty. Over under before Cramer challenges Stewart to come on his show? I think tomorrow. About 17 minutes in you'll hear something like "John Stewart wont come on this show and answer your questions live, and here's what I think of Anacot Steel. SELL, SELL, SELL!" Share this post Link to post Share on other sites
Patriotsfatboy1 1,433 Posted March 13, 2009 Oops. Didn't see this thread. That was a beatdown. Not as funny as I would have hoped, but good TV. Share this post Link to post Share on other sites
Giants Fan 85 Posted March 13, 2009 The real below the belt blows was exposing Cramer as suggesting there were ways to make money that were illegal, which might get the SEC interested in his past investments. Clearly, there were serious blows to his reputation. I applaud Stewart for having the conviction, and the balls to stand up to him, and sit there face to face, and call him out. Well played sir. You destroyed a mans career and his credibility ... hope you feel good about that JOHN! Share this post Link to post Share on other sites
RLLD 4,282 Posted March 13, 2009 So he likes to tout his 29 years experience as though his advice is special and meaningful, then when it turns bad he says....hey...everybody was wrong...... No, assdart, some of us (me) called it long before you did because we looked at the numbers and they did not add up, our "intuition" was based on an assessment of their cash flows and leverage against even a 1% dip..... The guys deserves all he gets for being #1 ignorant outside of a bull market and #2 incapable of distinguishing a healthy company from one in peril; not that he is alone, you have plenty of people who post here who can join his stupid ass...... Share this post Link to post Share on other sites
surferskin 31 Posted March 13, 2009 What started the feud in the first place? Is it because Stewart took offense to Kramer criticizing the messiah? Share this post Link to post Share on other sites
KSB2424 3,174 Posted March 13, 2009 I am not a avid viewer of either show and missed the "feud". But why is an entertainer/news (political/current events) host bashing another person for being an entertainer/news (stocks/current events) host. Kinda pot/kettle or goose/gander thing to me. Share this post Link to post Share on other sites
RLLD 4,282 Posted March 13, 2009 What started the feud in the first place? Is it because Stewart took offense to Kramer criticizing the messiah? Cramer was on his show last week, he played a video of kittens and puppies behind him as the guy spoke solemnly about the markets. Then, Stewart responded to some CNBC statements about how the media plays a role in the mentality of the markets and how people should be watching them as they have been so very accurate. Stewart cooked them by showing just how stupid they were, but also was alluding to the fact that the news outlets often operate at the discretion of big business. You see, for these news outlets its all about access, and if you want to let yourself get scooped, start saying things about companies that piss off the CEO. Once the CEO tells his people to stop talking to your organization you lose competitive access to information. As such, the news we get from CNBC, MSNBC et al is often the skewed version of reality . Stewart knows this, everybody knows this, and he is one of the few who can out them for being the retards that they truly are. Share this post Link to post Share on other sites
surferskin 31 Posted March 13, 2009 Cramer was on his show last week, he played a video of kittens and puppies behind him as the guy spoke solemnly about the markets. Wait, this is confusing. Cramer was on Stewart's show or he was on his own show? And not sure what the kittens and puppies have to do with it... Share this post Link to post Share on other sites
KSB2424 3,174 Posted March 13, 2009 What started the feud in the first place? Is it because Stewart took offense to Kramer criticizing the messiah? I don't know either. So I googled it. Here is what I got as to why it was started from Business Week. Stewart’s original beef was with CNBC reporter Rick Santelli’s rant against President Barack Obama’s plan to bail out homeowners who can’t pay their mortgages Last week, Santelli canceled an appearance on The Daily Show, prompting Stewart to air an episode that brought Cramer and other CNBC talent into the fray Share this post Link to post Share on other sites
surferskin 31 Posted March 13, 2009 I don't know either. So I googled it. Here is what I got as to why it was started from Business Week. Yup...figures. You speak out against "THE ONE" and you better watch your back. Stewart is such a overrated little b1tch. AND Santelli was 1000% on the money in his rant. Only a shill like Stewart would hate on him for it. There wasn't one person here who disagreed with Santelli. Share this post Link to post Share on other sites
RLLD 4,282 Posted March 13, 2009 Wait, this is confusing. Cramer was on Stewart's show or he was on his own show? And not sure what the kittens and puppies have to do with it... :banana: Bah...I meant to write Colbert, he was on with Colbert, who played kittens behind him....Colbert told him that if he was going to speak negatively, he was going to play something behind him to make people feel better.... Share this post Link to post Share on other sites
KSB2424 3,174 Posted March 13, 2009 Yup...figures. You speak out against "THE ONE" and you better watch your back. Stewart is such a overrated little b1tch. AND Santelli was 1000% on the money in his rant. Only a shill like Stewart would hate on him for it. There wasn't one person here who disagreed with Santelli. Then Santelli cancels so Stewart pulls a Letterman and decides to go ape shiit agenda and slander him and anyone he is assoaciated with. Now I'm not saying Stewart doesn't bring up some valid points as CNBC sucks if you ask me, but the childish reasoning behind it is stoopid. Both Steward and Cramer are idiots. But we are talking about them, so I guess it is good for business huh? I wouldn't be surprised if we find out later that the whole "feud" was made up like some kind of WWE Wrasslin' script. Share this post Link to post Share on other sites
edjr 7,029 Posted March 13, 2009 http://www.hulu.com/watch/62203/the-daily-...thu-mar-12-2009 Share this post Link to post Share on other sites
wiffleball 4,797 Posted March 13, 2009 What started the feud in the first place? Is it because Stewart took offense to Kramer criticizing the messiah? The same thing that started the McCain / Letterman thing: Santelli agreed, then pulled a no-show. Stewart went off on CNBC across the board, but Cramer took it personally. Then again, Cramer was the easiest to lampoon. ETA: KSB is so focking full of Bullshiit. He goes after Cramer because Santelli didn't show? NO NO NO you dipshiit. If you don't know the facts of the fued, don't act like you do. It's all ratings - Stewart gets in some good licks - and does a pretty good job schooling Cramer. When Kramer had his buddy from Wachovia on - the told everybody EMPHATICALLY to buy the stock - then it COMPLETELY shiit the bed - SOMEBODY should have reamed him. The only one who ultimately did was TDS. It's not that he gives advice, it's that he does so so focking EMPHATICALLY, so ASSUREDLY. Like Stewart says, it's not a focking game. Yes, people should take the guy with a HUGE grain of salt, but if that's the case, he should come out and say - 'I don't know WTF I'm doing anymore than you guys do, here's what I think, but I could be wrong." Not BUY BUY BUY!!! - When it turns out it's his BFF of 25 years who's running the company. I liked this: In one interview, he sarcastically feigned distress at being attacked by a comedian and, on an appearance on Thursday's "The Martha Stewart Show," pounded a wad of dough with a rolling pin, pretending it was Stewart's face. "Mr. Cramer, don't you destroy enough dough on your own show ... ?" Stewart said early in the program. Share this post Link to post Share on other sites
wiffleball 4,797 Posted March 13, 2009 Or scarborough'spointing out how many times you could bring up where stewart was wrong like mocking the surge or general petraeues. Scarborough doing your thinking for you - that's refreshing - at least it's not Oreilly or Rush this time. Jesus Christ, KSB - you're like Colts on this one - you quoted him directly! - With NO focking proof! First off, TDS has videos of all their shows online. Yet, Scarbarough makes up that TDS "attacked" petraeus - the surge? WRONG! They can't find ONE pice of tape on that? C'mon. Think for once. 2nd: TDS went after all of CNBC, but you can hear Cramer just WHINING. - And Scarborough's playing company man - defending mother NBC. This is how you knew Cramer was a chiickenshiit - TDS mocked everything at CNBC when Santelli pussed out. Just like Letterman went after McLame for pulling out at the last minute. - So what did Cramer do? He went to every single NBC outlet he could find - It's a total corporate cover job; CNBC gets blasted so he whines on the friendly confines of MSNBC, NBC'd Today Show, etc... At least go to Larry King or some "nuetral site" to TRY and gain a little credibility. It's like having OReilly explain his sexual harasssment/stalking - on Sean Hannity's show. Share this post Link to post Share on other sites
windycityguy 1 Posted March 13, 2009 I loved every second of it. I did feel bad for Jim. He took a beat down on behalf of 100s of people and several media outlets. It's sad that the The Daily Show seems to be, the show with the most hard hitting journalism. Share this post Link to post Share on other sites
GettnHuge 2 Posted March 13, 2009 No, assdart, some of us (me) called it long before you did because we looked at the numbers and they did not add up, our "intuition" was based on an assessment of their cash flows and leverage against even a 1% dip..... Didn't Bush 8yrs ago ask congress in his 1st budget to do something about F&F and the mortgages or else we could have a crisis down the road where taxpayers get focked? Share this post Link to post Share on other sites
wiffleball 4,797 Posted March 13, 2009 I loved every second of it. I did feel bad for Jim. He took a beat down on behalf of 100s of people and several media outlets. It's sad that the The Daily Show seems to be, the show with the most hard hitting journalism. Seriously, but Cramer kind of brought it on himself. We have the clip here somewhere in one of these threads. It's not like TDS went after Cramer specifically when Santelli (or WTF) skipped out on the show. They pulled clips from all over that bullshiit network. But Cramer's the only guy who took it so personally. You can damn near hear his voice crack when he's talking about it. "He's attacking me!" No, assdart, he went after your whole network. If Cramer wouldn't have been such a little biitch about it, the whole thing would have been a 4 minute skit. He did huge favors for TDS. Just like when Stewart and Conan had their fake "fight" - it was just to help each other's ratings out. In this case however, I don't think Cramer came out ahead. Share this post Link to post Share on other sites
parrot 790 Posted March 13, 2009 I am not a avid viewer of either show and missed the "feud". But why is an entertainer/news (political/current events) host bashing another person for being an entertainer/news (stocks/current events) host. Kinda pot/kettle or goose/gander thing to me. I've never watched much Cramer, but isn't the premise of his show giving financial advice to his viewers? It seems to me his role is being more than a commentator/entertainer. If you're going to put yourself forward and make your living at giving people advice, you shouldn't be too surprised to take a few lumps when your advice ends up to be dogsh!t. Share this post Link to post Share on other sites
Patriotsfatboy1 1,433 Posted March 13, 2009 Yup...figures. You speak out against "THE ONE" and you better watch your back. Stewart is such a overrated little b1tch. AND Santelli was 1000% on the money in his rant. Only a shill like Stewart would hate on him for it. There wasn't one person here who disagreed with Santelli. Actually, Stewart was calling out Santelli because he was wrong on his rant. Even Rahm Emanuel offered to explain things to Santelli after his rant and Santelli admitted that he had not even read what the proposal had in it. He was trying to get people all excited about something that was not even true. So, Santelli knew that Stewart was going to skewer him (like he did to Cramer) and he bailed. You have to give Cramer some credit for taking his lumps and admitting mistakes. Share this post Link to post Share on other sites
KSB2424 3,174 Posted March 13, 2009 I've never watched much Cramer, but isn't the premise of his show giving financial advice to his viewers? It seems to me his role is being more than a commentator/entertainer. If you're going to put yourself forward and make your living at giving people advice, you shouldn't be too surprised to take a few lumps when your advice ends up to be dogsh!t. The times I've ran across his show he has all kinds of crazy props and bells and whistles and makes jokes and runs around like a clown. I assumed it was an entertainment show that talked about stocks. I didn't realize people took what he said as gospel. Maybe I am wrong. ETA: Kinda like John Stewart is a comedian that has a show that talks about current events / politics in a slanted/comedic fashion. I take what he says with a grain of salt as well. The entertainment value is more than the "breaking news". Share this post Link to post Share on other sites
Patriotsfatboy1 1,433 Posted March 13, 2009 The times I've ran across his show he has all kinds of crazy props and bells and whistles and makes jokes and runs around like a clown. I assumed it was an entertainment show that talked about stocks. I didn't realize people took what he said as gospel. Maybe I am wrong. Cramer was a huge presence in the financial markets when he was running a hedge fund. 60 Minutes did a piece on him. He took those credentials after getting out of the investment business and started doing TV. He is not just entertaining. He is giving advice to people and the reality is that his advice does impact the market. As such, he does deserve some criticism if the information that he is putting out there is not correct. Share this post Link to post Share on other sites
surferskin 31 Posted March 13, 2009 Actually, Stewart was calling out Santelli because he was wrong on his rant. Even Rahm Emanuel offered to explain things to Santelli after his rant and Santelli admitted that he had not even read what the proposal had in it. He was trying to get people all excited about something that was not even true. So, Santelli knew that Stewart was going to skewer him (like he did to Cramer) and he bailed. You have to give Cramer some credit for taking his lumps and admitting mistakes. What was Santelli wrong about? Also, is there a less biased source than Rahm Emanuel? Share this post Link to post Share on other sites
parrot 790 Posted March 13, 2009 The times I've ran across his show he has all kinds of crazy props and bells and whistles and makes jokes and runs around like a clown. I assumed it was an entertainment show that talked about stocks. I didn't realize people took what he said as gospel. Maybe I am wrong. Nice strawman. No one said anything about it being "gospel". Should people do their own homework? Absolutely they should. But he's giving advice, as a supposed financial expert, and using his powerful medium to influence people's decision making. Do props and bells and whistles somehow change that fact? And when that advice turns out to be crap, he can take his lumps. Which, in his defense, he does. Share this post Link to post Share on other sites
Patriotsfatboy1 1,433 Posted March 13, 2009 What was Santelli wrong about? Also, is there a less biased source than Rahm Emanuel? I happened to catch CNBC with Emanuel on it a day or two after Santelli's rant. During that show, Emanuel told Santelli that he was wrong on how individuals would be helped with their mortgages. Essentially, he was saying that people would not be helped if they are not current with payments, etc. Then Santelli started questioning something and Emanuel said that he would welcome him to the White House to go through it, but he asked if Santelli had even read what was being proposed. Santelli said no and more or less cowered in the corner. So, I was not siding with Emanuel, but Santelli had no facts to back up his claims, which is really what you expect from journalists. That was EXACTLY what Jon Stewart was trying to get across to Santelli and then Cramer. These guys are supposed to be news folks with some sort of experience in these arenas and all they are doing is acting like entertainers. That is what Stewart was saying is wrong with CNBC. I happen to agree with him. Share this post Link to post Share on other sites
KSB2424 3,174 Posted March 13, 2009 Nice strawman. No one said anything about it being "gospel". Should people do their own homework? Absolutely they should. But he's giving advice, as a supposed financial expert, and using his powerful medium to influence people's decision making. Do props and bells and whistles somehow change that fact? And when that advice turns out to be crap, he can take his lumps. Which, in his defense, he does. I'm not setting up some kind of argument. I was only giving my opinion of the two shows. I am admittedly ignorant that Cramer had SO much effect on the financial markets. Didn't ever really keep up with the guy, and if he does have that effect, then I guess I agree with you. I just assumed people were smarter than that. And if Cramer was being disingenuous with this stock advice, then sure he should take his lumps. I never said otherwise. Maybe I just don't get his show. But when I see a man falling on the floor yelling Boo-YA or whatever with weird props and stuff I tend to take what he says with a grain of salt. Call me crazy. Share this post Link to post Share on other sites
surferskin 31 Posted March 13, 2009 I happened to catch CNBC with Emanuel on it a day or two after Santelli's rant. During that show, Emanuel told Santelli that he was wrong on how individuals would be helped with their mortgages. Essentially, he was saying that people would not be helped if they are not current with payments, etc. Then Santelli started questioning something and Emanuel said that he would welcome him to the White House to go through it, but he asked if Santelli had even read what was being proposed. Santelli said no and more or less cowered in the corner. So, I was not siding with Emanuel, but Santelli had no facts to back up his claims, which is really what you expect from journalists. That was EXACTLY what Jon Stewart was trying to get across to Santelli and then Cramer. These guys are supposed to be news folks with some sort of experience in these arenas and all they are doing is acting like entertainers. That is what Stewart was saying is wrong with CNBC. I happen to agree with him. You are siding with Rahm. You said Santelli was wrong because Rahm said he was. Did you believe everything Rove said about Bush too? Santelli may not have read proposal word for word but his rant was based off Obama's own words. Share this post Link to post Share on other sites
Patriotsfatboy1 1,433 Posted March 13, 2009 You are siding with Rahm. You said Santelli was wrong because Rahm said he was. Did you believe everything Rove said about Bush too? Santelli may not have read proposal word for word but his rant was based off Obama's own words. I am going by what happened in an exchange of words between two people. Santelli gave his rant. Emanuel says "you're wrong and here is why" Santelli says, "but. but. but." and then offers nothing. I don't believe Emanuel, but I KNOW that Santelli is full of shiot. Can you see the difference? Share this post Link to post Share on other sites
