There is no such thing as a free lunch.

Why I Hate Jon Stewart

by msgnet

Jon Stewart uses his perch at Comedy Central’s “The Daily Show” to routinely slam people he doesn’t like or disagrees with. However, when those people try to defend themselves against Stewart’s one-sided accusations, Stewart denigrates them for attacking “just a comedian”. Enter CNBC’s Jim Cramer, who was recently ridiculed by Stewart on the Daily Show, including right to Cramer’s face. I’m not a huge Jim Cramer fan, but if I was him I would have cracked Stewart right in the jaw:

2 comments

1 Ron { 03.15.09 at 7:44 pm }

While I enjoy watching Cramer every night, one must remember the show is primarily entertainment. The financial networks exist to promote their advertisers financial and investment products. Who would expect them to warn about the credit bubble or coming Washington national debt collapse which will destroy much of the remaining private wealth in America today or what this will do to the dollar, the stock market, bonds, gold or the real estate market?

It is ironic that Jon Stewart and a comedy show instead of the regulators or news media had to bring all of this public. Also in Cramers defense he is far less guilty than most of the other financial media for their efforts together with Wall Street, the politicians & incompetent regulators for what has happened.

China is now worried about their dangerous over investment in US Treasury obligations. Washington ’s long-term choice is either repudiation or monetization. For monetization to be effective, the depreciation in the dollar would have to be substantial and this in turn would dramatically raise prices of imports for American consumers which would mean a tremendous drop in foreign imports. Debt monetization would cause more disruption to exporting nations than selective repudiation of Treasury debt.

The Campaign to Cancel the Washington National Debt By 12/22/2013 Constitutional Amendment is starting now in the U.S. See: http://www.facebook.com/group.php?gid=67594690498&ref=ts

Thanks,

Ron with 30 plus years in the investment business and banking industry.

2 Jenny { 02.10.10 at 4:30 am }

I HATE JON STEWART TOO!!! He's a self-rightous, pompous, arrogant, clueless, completely un-funny cracker.

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