Showing posts with label Mad Money. Show all posts
Showing posts with label Mad Money. Show all posts

Friday, March 13, 2009

Jon Stewart's Daily Show: The all Jim Cramer edition... not exactly a battle.



Wow, watching last night’s Daily Show was like the complete discomfort of having to sit through a six course dinner with a dysfunctional married couple who in two days are going to announce they are getting divorced or one of them is a pedophile. I never expected the whole show to be dedicated to the Cramer/Stewart dispute.
Jon truly tore into Cramer and it was more like a bizarre talk show exposé-slash-beatdown than a regular Daily Show installment. There were a few jokes made at CNBC and Cramer’s Mad Money’s expense as you would have expected. It just didn’t have any realistic aura of good natured humor or comedy.
It was fairly harsh, now maybe Cramer deserved it, but it was almost unsettling to me to watch as it unfolded.

Cramer was rather subdued, nervous, and looked almost like he wanted to cry once or twice.
He was so totally not wild or even “mad.” A decaffeinated toned down quieter version of himself.
To give him credit he sat through it all and short of the cross, he was crucified but not set on fire. Ouch.
It surely won’t help his Mad Money career at all.

Jon took Jim to task for things he said in the past and pretty much for not exposing the banks/stock market’s greed. Which isn’t completely fair (and it doesn’t have to be) but it’s based in a valid point of fact. It felt as if it went on for way too long. We got it (the point) after segment one and if not, most assuredly by segment two… but then there was segment three. So, I guess it was good um, investigative reporting by a entertainer/comedian, which is an odd forum for that sort of thing.
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Stranger than fiction.

At the site http://www.thedailyshow.com/ They’ll post the episode if you missed it, or if you want to watch it again because you still are wondering wtf exactly happened.

They shook hands and Jim was contrite but damn… he apologized numerous times over different things looking a bit like a deer caught in the headlights. A tranquilized deer at that.

It will be interesting to see how NBC reports on this and I wonder what FOX will have to say (because FOX always has something to say).
I don’t know why Cramer went on the Daily Show, he really didn’t have to.
If it was to show he was a good sport or could admit a mistake, he did do that I suppose but-
it was in a far more submissive way than I really wanted to see.

Let’s go back to the regular, less bitter tasting, usually very funny Daily Show now for a bit. Please?

Jon’s clip of Cramer on the Martha Stewart Show beating up dough with a rolling pin talking about Jon Stewart was amusing since she was convicted and jailed for her false statements, conspiracy and obstruction of justice in relation to a stock sale.

Again just stranger than fiction!!!

G’night,

Laura

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Thursday, March 12, 2009

Jim Cramer vs Jon Stewart: The Smackdown

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I have to admit the news recently has been fun to behold.
We had Octomom, Limbaugh, and Bill Maher vs Ann Coulter at Radio City Music Hall.
But the Jon Stewart vs Jim Cramer feud is completely engaging, I can’t stop watching (and laughing).

It boils down to this: The Bull Vs the Bear.
Cramer’s the Bull of course and Stewart’s the Bear.
If you picture a leathery Jim Kramer with a ring through his nose and smoke coming out of his flared nostrils next to Stewart’s big cow eyes in a fuzzy koala suit right here: then you’ve successfully channelled my sad, sorry little mind. Congrats!
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Background as I see it: It’s easy in a stock market bubble to recommend buying stocks especially strong stock. Cramer’s show is in the “business” of “stock market entertainment” whether he sees it that way or not. However CNBC gives it’s stamp of approval on it with the slogan “In Cramer we trust.” Why they do I don’t know. I don’t trust anyone trying to sell me on parting with any of my money, especially on tv shows with gongs, horns, music and exceptionally angry wild people telling me what to do while looking like they should be taking xanax or valium by the barrel full. If I wanted “crazed” advice I can go down to the street corner in almost any city and find that format. I still wouldn’t listen, but I could find it.

As anyone that recently follows the stock market knows, it’s even easier to predict the rise or fall of stocks when you have insider information. Of course that’s illegal, just ask Cupcake Stewart and while she makes you a wreath made from old socks and walnuts she’ll tell you all about it. No one in the field will admit to inside info but they sure do have miraculously strong gut instincts based on extensive research and years of stock market experience (wink, wink) that they pass on with the devotion attributed to any good evangelical minister.
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Jon Stewart on the other hand is a comedian. He’s also a news junkie with a rather sarcastic viewpoint that shows clearly through in the social commentary of what he finds in the news stories. I completely sympathize with the sarcasm and enjoy it. Jon likes to show videos of what people say or do and take them to task for it using humor. Often these clips speak for themselves even without Jon’s commentary and visual effects. I understand Cramer himself is going to be on the show tonight. It will be interesting to see how that goes- if it happens. (Same Bat time, same Bat channel)

This is the last clip on Cramer from Jon’s Comedy Central show:



Enter Cramer who clearly over time has made mistakes… especially the past year in particular, so it’s not surprising at all that Stewart took him to task for his very visual and repeated recommendations of Bear Sterns. It was almost too easy and he was fair game. Cramer’s righteous indignation is almost as amusing as Stewart’s skits. He should have tried to quietly take his lumps, admitted a “mistake” while hoping the story would fade away and be forgotten. Better men than Cramer have taken Stewart’s jabs with either anger, humor, or they didn’t care at all. But for the most part they didn’t go on a celebrity tv tour bleating about the unfairness of it all. At some point mad seems like whining when, um, how to say this nicely Jim… you were wrong. How dare Jon Stewart pick on you? Seriously Jim, let it go, pack up your tent, go back to your show and maybe toot a few less horns for a while. A long while.
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Mix into this brewing stew of video clips and words NBC’s Scarbourough, Vieira, and anyone who else will listen and put Cramer on the tv and you realize that it’s all entertainment and boy does celebrity rule!

Any normal Stock Broker has backpedalled away from this market mess, minced their words and taken losses along with their clientelle (unless of course they’re running huge ponzi schemes). But they did it quietly not with a tv show that’s glitzy, revved up hype that runs on hopefully just caffeination and the personality of a crazed stock man.

Cramer's Book

I rest my case.
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Stewart keep up the good work.
It’s sometimes a dirty job but someone has to do it.
By the way, anyone that can talk directly to Dora the Explorer is a God in my mind.
Jon, I’d buy you lunch any day of the week in a New York minute, it’d be a really cheap lunch but hey…
I bought Bear Sterns stock.

G'night

Laura
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