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Originally Posted by That Guy

um,

first, i don't think it was a cramer takedown. he was present, but the issue was CNBC and the "experts" being completely blind to reality and not doing proper research with the tools they had as the "premiere financial network".

the reality is they're just an entertainment channel though, so they care about ad dollars and viewership above journalistic standards, which is sad, but pretty common today.


also, the timing was because ricky made some stupid comments alluding that this whole mess is poor people's fault alone as if the greedy mortgage banking industry or lobbyists/politicians had no part in it - so stewart took that to task... then cramer butted in, because he didn't feel that all the comments made were fair, so stewart did a redux.

that explains the timing... no conspiracies needed.

as far as the daily show not always being fair... he only said his show wasn't fair like 14 times during the interview - he has a writing staff of 18 (i think) and editorial control. the unedited interview (over 22min) is online on the daily show's site though, and really cramer and stewart don't have any ill will towards each other; other people just made this out to be a bigger deal than it was - his real beef was with experts' lack of foresight or follow-through, not cramer.

I just clicked on this thread for the first time and have no clue about any of this stuff but I do know this. CNBC is not a premiere network on any subject and one would be foolish to take any financial advise from them.