Tuesday, March 17, 2009
Jon Stewart's Calculated Cheap Shot
"Jim Cramer...didn't cover up the story of financial shenanigans. [He] didn't even know it existed."
So, in spite of all the applause and acclamation by progressive bloggers because Stewart went ballastic on Cramer (who as far as anyone knows committed no thievery like oh, Bernie Madoff, for starters), the howler thinks people should be careful when cheering and clapping for a rufian; the next time, the saps under the bully's gun just might be them.
For proof, I offer some names. Let's start with Maurice "Hank" Greenberg, who was instrumental in building what is now probably the world's most reviled corporation, AIG. He resigned as chairman and CEO in 2005, but still it is logical to assume that few people knew more about the company than Greenberg. He kept much of his net worth in AIG stock. He's now lost much of that worth.
Or take Richard Fuld. He is the former chairman of Lehman Brothers, which, as we all know, is no more. He lost about $1 billion.
Or take Citigroup's former chairman, Sanford Weill. He lost about $500 million.
In the same news cycle, Huffy as the voice of progressives weighed in on the matter; and as usual, she was dead wrong. Here's her insipid quote, thankfully without link to her blog.
"Jon Stewart's Jim Cramer interview was a pivotal moment -- not just for Stewart, Cramer, and CNBC but also for journalism. It was a bracing reminder of what great research and a journalist more committed to getting to the truth than to landing the big get -- and keeping the big get happy, and ensuring future big gets -- can accomplish."You see, Jim Cramer is as big a "get" as you can get. Even on its bestest day ever, CNBC is hard pressed to find 500,000 viewers. On the other hand, "Comedy Central" regularly rakes in 2 million viewers or more. Please do tell us, dear Arianna, who exactly is David and Goliath in this fight??
Jon Stewart really needs to get over himself. For gawdsake, it's not as if he were an actual scribe in the Edward R. Murrow tradition. Remember, he's not an actual journalist; he's only a comic -- as he likes to plea whenever held to account. But try telling that to poor Tucker Carlton. Ever since Stewart took Tucker Carlton down "in one fell swoop" a few years ago, Tucker has been relegated to blogging and spot appearances on television. In the meantime, Stewart's gotten more and more affected and enamored with his buzz and power.
Of course, there's a nasty little rumor that it wasn't until Cramer started blaspheming against The Chosen One that Stewart went into uncontrollable convulsions and started vomiting bile on the airwaves. All in jest for fun.
Here's a little truth to power. How about we pull a "Crossfire" on Stewart and ask him to waive his "shield of comedy" to answer the plaint that he's a partisan hack for Obama.
He is a hack. And, so not funny.