Friday, March 13, 2009

Jim Cramer vs Jon Stewart: All You Need To See

If you know nothing about the current financial crisis and you can only handle so much before you go off a "thought cliff," then this is all you need to see. All week, Jon Stewart has been criticizing the complicity of the financial network CNBC with lying Wall Street execs to mislead the world on the crisis that they all should have known and been honest about.

We need independent investigative journalism for a functioning capitalist democracy. Just watch.

And do not miss the shorter Part II:

There are several unedited outtakes at And for the record, this is not the first time that the comedian Jon Stewart has single-handedly changed the landscape of political media. But more on that another time. A small example: remember the long-running show "Crossfire" on CNN? Jon Stewart pretty much single-handedly destroyed the show with his searing on camera criticism, including on that very show confronting its hosts. Think about that.

This was an astounding interview with Jim Cramer of CNBC. That network cannot escape culpability (no matter how shared) in fueling the run-up to the current crisis, along with the other principals named earlier on this site.