What Cramer followers don’t get is that he’s a trader, not an investor. So if you hope to make money with him, you have to watch him everyday and sell when you have a profit. If you miss a day of his show, you better read the online transcript later that night.

I’m sure the “deliberate lies” were on the part of the CEOs, not CNBC. CNBC is media outlet, not an investigative journalist these days. Then again, it’s sad that you can have CEOs from Bear Stearns or Enron come on national TV and spew their lies just to temporarily calm the sell off in their stock. Personally, I think certain CEOs should be tarred and feathered so public humiliation can give other CEOs a moment of pause before doing it again.

The best comedians are/were current event commentators. Lewis Black, Bill Maher, Jon Stewart and the greatest of all time — George Carlin. Mainly b/c most people are so stupid they can’t see through the good government BS and the corporate advertising facade.

As for fluff news, it caters to those who really don’t have much of a clue or lazy producers who need to fill content gaps. Who cares what type of dog the President has… and that’s still getting press.

Case in point: Michelle Obama’s arms and sheath dresses. I like the new pres and his wife, but really, who gives a damn about “who she’s wearing” and her biceps? This should be buried in the Sunday style section, not the leading headline.

Stewart called CNBC on the carpet for their negligence and possibly deliberate lies regarding the run up to the Wall Street manufactured financial crisis. Cramer took it on the chin because he was hubris filled enough to 1) believe his own hype and 2) take on a fight that wasn’t initially about him. I felt empowered with every subsequent Daily Show episode at this particular celebrity death match unfolded. (Btw, the Dora the Explorer bit was off the hook).

It’s a sad state of affairs when comedians have become the voice of reason and the voice of people while the “journalists,” commentators, “experts” and politicians have become sideshow barker buffoons. As a result, my main news sources are the HuffPo, Stewart and Maher. I don’t consider these to be legitimate news sources either, but they’re a helluva a lot closer to it than the “legitimate” news outlets presently are.

Rock on, Jon.

Dr T

Thanks man. CNBC is getting really bad with the yelling and constantly talking over one another, so there are a few similarities. I wish they would clean that stuff up and do some real business news like the old days.

This was brilliant!!
You had me going, i thought they might actually say that in the video =)