Friday
Mar132009
UPDATED Showdown with Mad Money: Jon Stewart Interviews CNBC's Jim Cramer
Friday, March 13, 2009 at 19:41
Latest Post: Coming Soon - Jim Cramer, Master TV Critic
Latest Post: Mad Money Meltdown - Jim Cramer, CNBC, TheStreet.com In Intensive Care
After a week dissecting CNBC's financial advice, and in particular the "expertise" of Mad Money host Jim Cramer, Jon Stewart of The Daily Show enticed Cramer into the studio. The interview is more hard-hitting than humourous, but Stewart's exposure of the investment house of cards is even better than the satire of the last seven days: "It is a game that you know is going on....but you go on television as a financial network and pretend isn't happening....It's Not a f****** game."
Part 1:
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Part 3:
Part 2:
Latest Post: Mad Money Meltdown - Jim Cramer, CNBC, TheStreet.com In Intensive Care
After a week dissecting CNBC's financial advice, and in particular the "expertise" of Mad Money host Jim Cramer, Jon Stewart of The Daily Show enticed Cramer into the studio. The interview is more hard-hitting than humourous, but Stewart's exposure of the investment house of cards is even better than the satire of the last seven days: "It is a game that you know is going on....but you go on television as a financial network and pretend isn't happening....It's Not a f****** game."
Part 1:
Part 2:
Part 3:
Part 2:
Reader Comments (6)
What does this say about press freedom, "democracy" et al, when a comedy programme has become the medium for sharp, incisive political commentary?
Jon stewart is a parrhesist. A courageous speaker of the truth. I salute you sir!
"this video is no longer available due to copyright claim"!!!
Stewart's take on financial journalism on tv is correct, but Jim Cramer is not a journalist. He's an entertainer and the equivalent of one of these endless series of talking heads who turn up on American cable news. The real journalists who work on CNBC are the ones who are truly culpable.
I don't get what all the fuss is about. We're talking about the exact same media that considered itself a wing of the Pentagon and graciously assisted the Bush Administration in committing multiple war crimes, including the gravest, Aggression. But what, now that the economy is tanking they're supposed to be your buddies lookin' out for your wallet? Please. Freedom of the Press just means they can do whatever they want, not that they have any sort of obligations to their customers. Let's not nail ourselves to the cross over a corporate media f**k-up all over again. It didn't help Iraq then, and it's not going to help the economy now.
Josh,
I sympathise with you, particularly when I read drivel like that from "media expert" Howard Kurtz (http://www.washingtonpost.com/wp-dyn/content/article/2009/03/13/AR2009031303745.html?hpid=topnews) about how Stewart can be so challenging because he can always retreat into the "I'm not serious; I'm an entertainer" pose.
But it is that response to Kurtz that also prompts my admiration for Stewart. He has stepped up --- in a very serious way --- where most of the gatekeeping media has failed, exposing the hand-in-glove relationship between the financial sector and the cheerleading financial media that thought the party would never end. Kurtz's not-so-subtle putdown of Stewart actually exposes the (to put it in best terms) cautious approach of the media which means that financial abuses and the Iraq adventure could proceed unchecked for so long.
S.
But that's the copout on the Daily Show, it's not news it's comedy except when it suits. Also it's just as biased as any of the other media, maybe not necessarily in the same direction but certainly just as much