WHOA  2:59 am March 13, 2009

Jon Stewart, Jim Cramer Make America Feel Pleasantly Uncomfortable

by Jim Newell

Here’s a major chunk of the big Jon Stewart-Jim Cramer Daily Show interview that aired earlier tonight. “Devastating” is just not the right word. It’s hard to remember the last time a teevee interview left us in such a state of stunned silence. As is often the case, Stewart interrupts his guest way too frequently given the breadth of his questions. But you can’t just cast this aside as some popular fake news comedy show host pulling a stunt for ratings. It’s the most ruthlessly honest, sobering conversation — from both sides — you’re likely to see on any show. Good. And note the lack of shouting. [YouTube]

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shortsshortsshorts March 13, 2009 at 3:10 am

WHATEVER JON STEWART PROB-LEE WORKED FOR BEAR STERNS OR SOMETHING. JIM CRAMER IS JUST AN INNOCENT BYSTANDER IN THIS WHOLE obvious swath of bullshit he managed to attribute many, many people too. Personally, we have a duty to blame this on the policies of Bill Clinton. Not out of logic, but because SEAN HANNITY IS FUCKING RIGHT ON.

Hooray For Anything March 13, 2009 at 3:11 am

Sadly, it would have been better if it wasn’t just Cramer Stewart tore into but everyone on CNBC, the people who ran banks, hedge fund managers, mortgage brokers who suckered poor people into buying houses with crazy mortgages, economists who thought the financial system was just honky dory, politicians who created the system and helped deregulate the financial system, and anyone who thinks the government shouldn’t come down on these people because it would “hurt the economy.”

shortsshortsshorts March 13, 2009 at 3:12 am

Ya and it’s only 12 a.m. for us west coast people. Sorry we aren’t cool enough for basic cable yet. Someday California will get the same luxuries as you east coast types, such as electricity, and a direct gas connection.

lennixlewis March 13, 2009 at 3:14 am

This interview was totally unbelievable, in the best way possible. I’m full of semi-respect for Jim Cramer for his reaction and the fact that he wasn’t being a totally slimy, fake scumbag like Bill O’Reilly always is or Tucker Carlson was. Stewart has perfected the act of grabbing onto these fuckers nuts and squeezing them in his vice-like grip while America rejoices!

Udargo March 13, 2009 at 3:16 am

Is Cramer a nice guy or was he given very specific orders from his network on how he should present himself and what he should say and not say?

Was that a smile or clenched teeth?

Regardless, it doesn’t do anybody any good if he’s a nice guy if he doesn’t understand that finance is not a cute game designed to entertain rich people. At least, that’s not all it is.

Fawxer March 13, 2009 at 3:17 am

Yeah, the lack of shouting was incredible. Cramer was there like some bad schoolkid at the principal’s office, knowing he had screwed up.

It’s still unbelievable that Stewart’s “fake” news show is more powerful news than the “real” news.

SayItWithWookies March 13, 2009 at 3:22 am

There are innocent Afghan farmers in Guantanamo Bay and this guy roams free. BRB I have to find my torch and pitchfork.

Bearbloke March 13, 2009 at 3:25 am

I just hope Asshat Cramer isn’t able to make any hay out of his exposure to the folks who will be running American in 10-12 years….

Cold War Unicorns March 13, 2009 at 3:41 am

Cramer plays ball on Stewart and Colbert and then scurries back to CNBC and proceeds to froth like an absolute fucktard. It’s about time Stewart called him on his shit; Cramer was one of the sleazy bad guys jerking off into gramma’s retirement funds. Now he’s just a red-faced, shouty cheerleader for the same conniving plutocrats he used to circle jerk with, only pretending now and then to give a fuck to the little guy he is in fact manipulating. Cramer is the bald, ruddy tip of the shitberg, but it’s good to chip away at these fuckers, who know matter how many times they get exposed, always seem to float to the fucking top, because, as always, money talks, walks, and stiffens cocks.

PoliticalJunkie March 13, 2009 at 3:45 am

I happened to be visiting my mother when this came on. On a commercial break, I turned to her, and said, “remember when I got caught with porn? Yeah, Cramer’s acting like I did” what was with all the excuses? That was just… uncomfortable.

Uncle Bubba March 13, 2009 at 3:48 am

Jon Stewart described the market as a ‘crap shoot’ and Jim Cramer agreed. Running numbers on Peachtree street is on par with Wall Street, but the numbers get no mention by the network talking heads. Blame anyone you like and or praise your favorite talking head, but know this, if you lost money in the latest stock market jackoff, you will never get it back. And you, we, are going to pay the lose back to the same greedy motherfuckers.

Uncle Bubba March 13, 2009 at 3:53 am

Yea I know, it’s LOSS. I can’t sleep.

Bearbloke March 13, 2009 at 4:02 am

[re=264572]shortsshortsshorts[/re]: Damn that Slick Willie! I knew this latest Republican Recession was all his fault!

Bearbloke March 13, 2009 at 4:05 am

[re=264585]Uncle Bubba[/re]: You can sleep when you’re dead ! Now get back to work – those trucknutz don’t just make themselves, you know…

GreatSatan March 13, 2009 at 4:18 am

All kidding aside, when I think back on this lovely economic crisis in years to come (perhaps while heating a can of beans over a tire fire), this will be one of the watershed moments. The best part was when Jon looked down at the table for a long, long moment of silence, at least by TV standards, then looked dead into Cramer’s eyes and said very quietly, “You have no idea how angry this makes me.”

Dignified rage, thy name is Stewart.

He’s like Johnny Carson and Walter Cronkite rolled into one.

People March 13, 2009 at 4:32 am

Hey, People. Yeah, People here. Excuse me, did somebody (like CNVC) miss the old 35-1 P/E? Oh yeahr, P slash E, remember how that made your thighs stick together? Jon Stewart was pointing out there was a basic lack of journalism on that network, alot worse than the convicted MSNBC (mommy, what’s EM-Ess mean?) Check sources. Like talking to people and getting quotes and calling more people. I know I am not a reporter but back when I was it was the editors who were lazy and generating corrections. Now the reporters are clueless unless they a have a Gawker or a New Yorker or a TPM or HP to swing around, and even then its like PEOPLE! It’s of, by and for! Now more than even. Amen!

People March 13, 2009 at 4:41 am

Now more than eveR. EveR. It’s great you people left People on the table!

chris mccann March 13, 2009 at 4:46 am

I made a collection of all of the Jon Stewart vs. Jim Cramer videos so you can easily view them all on one place. Check it out:


BluesBoos March 13, 2009 at 4:51 am

i like the genius ‘shortsshortsshorts’ up top that states that john stewart probably worked for bear sterns(i guess because he’s a jew in nyc…but the rightwing nutjubs arent racists) and that Hannity is right and its all bill clinton’s fault(yeah, shocking revelation from hannity….not one of the brain-dead viewers thinks to himself they could have saved their time from watching fox news and just blamed clinton/liberals/aclu for everything wrong in their lives).

Its amazing how surreal the world has become that daily news is forced to ask actual questions because the death of journalism before our eyes.

lumpenprole March 13, 2009 at 4:55 am

When he finally does this to O’Reilly, I’m converting to Islam.

Gallowglass March 13, 2009 at 4:57 am

[re=264593]BluesBoos[/re]: Not to break the fourth wall of our ironic detachment here, but are you kidding? I hope so, because the alternative is that you’re retarded.

Monkeyhawk March 13, 2009 at 5:02 am

Who knows?

But this might end up on a par with Edward R. Murrow’s thing on “See It Now” with Joe McCarthy.

And it’ll be forever dismissed by some as a comedy show.

It’s more like neo-medieval; the Jester is the only one who speaks truth to power.

BluesBoos March 13, 2009 at 5:12 am

[re=264596]Gallowglass[/re]: what style of kidding is preferred by your particular lobbying interest? im willing to entertain requests, but my Patterson ghostwriting voice really isnt worth a damn, just as a disclosure.

Gallowglass March 13, 2009 at 5:26 am

[re=264600]BluesBoos[/re]: Its not so much your politics, but that you don’t seem to get that “Shortsshortsshorts” is making a funny by pretending to be a member of the Fox News demographic. Its not an unusual thing here, although it would be easy to mistake his snark (Now I owe David Denby royalties) for sincerity if we were having this discussion in the AOL political forums or FishbowlDC. If you were making a joke by pretending to not understand that he is pretending to be a mouth breather then its one level of irony more than I’m used to and I apologize.

BluesBoos March 13, 2009 at 5:52 am

[re=264604]Gallowglass[/re]: no i have to apologize…I moved to Arizona(not one of the blue areas in it, either) and have lost my sense of snark over the past year. what ‘shorts’ stated could have come from any number of my new neighbors for many miles. I came after i realized i cant get a good gab session in everyday life anymore…most of my day is biting down remarks in reaction to redstate ‘wit’.

Norbert March 13, 2009 at 6:14 am

pretty weak tea if you ask me. the revolution will not be televised. better than nothing I guess. but a real honest and powerful moment would be let’s say Stanford L. Kurland getting guillotined.

loquaciousmusic March 13, 2009 at 6:33 am

[re=264605]BluesBoos[/re]: Welcome. We’ll Viagra your snark right back up!

Jukesgrrl March 13, 2009 at 6:34 am

Fascinating conversation — one person desperate to save his career, the other expanding his into new dimensions.

gurukalehuru March 13, 2009 at 6:43 am

Cramer vs. Cramer

agentstinky March 13, 2009 at 6:59 am

I like that all week Stewart was going “Oh heh look at this somehow I’m accidentally fighting Jim Cramer how wacky” but then still took him to task.

arewethereyet March 13, 2009 at 7:21 am

that was some of the best “comedy” i’ve seen in sometime.

wheelie March 13, 2009 at 7:27 am

That was very awkward. I’m not sure I could watch it again. That guy has to get fired. Pretty raw TV.

4tehlulz March 13, 2009 at 7:33 am

That interview just made me happy in my pants.

Lazy Media March 13, 2009 at 7:54 am

[re=264593]BluesBoos[/re]: Ah, noob, read a few more shorts posts before taking him to task (or seriously). Or just look up “irony” in the dictionary; that works, too.

Giant Robot March 13, 2009 at 7:59 am

Shit, NPR just told everyone to go watch it on comedycentral.com, which means I’ll be lucky if their servers cool down in time to watch it before the middle school kids get home and start hogging the bandwidth. Thanks, commies.

ushekim March 13, 2009 at 8:02 am

The comedian sounds too righteous. Give me a break. Make jokes. Do funny face. You are both entertainers.

ushekim March 13, 2009 at 8:03 am

The comedian sounds too righteous. Give me a break. Make jokes. Do funny faces. You are just entertainers.

Giant Robot March 13, 2009 at 8:04 am

The down side of this is that there’s probably no way that Steele will do a rap battle against Colbert. Unless he’s stupid.

Boojum March 13, 2009 at 8:05 am

Nothing but net. And starbursts. Also.

Texan Bulldoggette March 13, 2009 at 8:11 am

I notice Morning Schmoe & dingbat sidekick Mika are amazingly quiet about this today. I think ‘white & bitter’ Joe figured he better STFU or he would be next.

Boojum March 13, 2009 at 8:12 am


mylesfromnowhere March 13, 2009 at 8:12 am

I’ll believe Cramer will go back and have a complete makeover of his show. Mad Money will be mad at wall street and he’ll take the daily headlines from the WSJ and make fun of them, with an occasional interview with some comedian so he’ll be taken serious. What? too much like the Bizzaro Daily Show? Fuck. Okay, I believe Cramer will regain his credibility after he issues heartfelt apologies to Rush……!and Acorn

lazyb March 13, 2009 at 8:12 am

I had to cut away a couple of times because…god help me…I felt bad for Jim Cramer, of all people to waste precious sympathy on. Then I thought of what a giant hedgefunding douchebag he is and laughed at his squirming and not-quite-apologizing.

lazyb March 13, 2009 at 8:15 am

[re=264631]Boojum[/re]: you forgot AND ACORN. Never forget ACORN!

Vulpes82 March 13, 2009 at 8:24 am

“Pleasantly uncomfortable” really is the perfect description of this interview. It was so awkward and painful, I had to flip the channel several times, but only for like five seconds, because it was still so good. It’s easy to say that Stewart didn’t let the guest talk, which he often does, but I honestly think this time that it was more that CRAMER HAD NOTHING TO SAY! Everything Stewart was saying was pretty much bang-on, and Cramer knew it, so he just sort of shrugged and smiled in a pained way and waited for the hell to end. And I actually think Stewart made it clear that, though he was a convenient target and sitting across from him, this wasn’t just about Cramer and hadn’t started out as some sort of personal witchhunt on him. If it’d been Santelli there, I think Stewart would have publicly disemboweled him.

PsycGirl March 13, 2009 at 8:26 am

[re=264634]lazyb[/re]: and Bill Ayers! And that preacher guy also.

Texan Bulldoggette March 13, 2009 at 8:27 am

[re=264626]ushekim[/re]: Uhmm…yeah, that’s the whole point. This entertainer/comedian actually did some research & based on that research had the trucknutz to say out loud what some real investigative ‘journalists’ should have.

Boojum March 13, 2009 at 8:32 am


Tommy Says Soooo March 13, 2009 at 8:35 am

[re=264626]ushekim[/re]: Yes, I agree with your!!!11!!!! FTW!!!!!11!!!! How dare he!!!! I am wealthy thanks to Jim Cramer!!!11!!!! Or was!!!111!!! or !!!!1111!!!!!!!!!!

TAX CUTS!!!!!!!

specialed March 13, 2009 at 8:43 am

That was awesome!!!! With a capital AWE!

ushekim March 13, 2009 at 8:48 am

The key word is “both.” Both Cramer and Stewart are entertainers. You don’t buy stocks from their advice, do you? That was Stewart’s point.

El Vista March 13, 2009 at 8:50 am

Just an idea (pretend like this is all capitals), but maybe there could be a real news show that asks people the same sorts of questions that Stewart and Colbert ask on teh comedy channel.

Like I say, just an idea.

Boojum March 13, 2009 at 8:52 am

[re=264645]El Vista[/re]: But would they have TruckNutz?

Aquannissiwamissoo March 13, 2009 at 8:54 am

[re=264607]Norbert[/re]: Do you ever have sex?

dsdrane March 13, 2009 at 8:56 am

The Martha Stewart clips just added to the sublimity.

Thank you Jon.

Aquannissiwamissoo March 13, 2009 at 8:56 am

[re=264626]ushekim[/re]: Cramer … zat you ?

El Vista March 13, 2009 at 8:57 am

[re=264646]Boojum[/re]: “CBS Asks WTF?” Presented by TruckNutz. Sounds good to me.

A Fine National Imbalance March 13, 2009 at 8:58 am


More exposure on TV financial analysts, lawyers, hedge fund managers, the SEC, financial journalists, and some bad people.

Aquannissiwamissoo March 13, 2009 at 9:00 am

[re=264607]Norbert[/re]: the revolution will not be televised.

You should become, like, an overrated black jazz poet who is now drunk on stage most of the time they let him near it.

Boojum March 13, 2009 at 9:01 am

[re=264650]El Vista[/re]: Yay! WTF FTW!

Carrie_Okie March 13, 2009 at 9:10 am

Funny. This Cramer guy, does he always have a voice and octave higher than my 9 yr old daughter?

Canuckledragger March 13, 2009 at 9:12 am

Cramer got pwned. It’s like high school.

Jon cracks wise about Santelli, a football tight end. So then the whole CNBC team says, “Jon Stewart is toast after school,” with Cramer being particularly vocal about it.

So Jon goes “Cramer’s a pussy. And here’s instant replays of all his fumbles all season long.”

So Cramer’s all “I’ll show that little bitch a thing or two after school.”

And Jon’s all like “Bring it, fumble fingers.”

So Cramer sez “I am SO gonna crush that fucker’s tiny little nuts with my bare hands.”

But after school, Cramer just gives Jon a lovely reacharound and sez “Can’t we just be friends?”


coffeeyesplease March 13, 2009 at 9:24 am

I think Jon let him go easy… Out of compassion.
Yeah it was uncomfortable, but after what I’ve seen him do to Huckabee (regarding gay marriage), this almost feel a feet rub. But then again, Cramer didn’t put much of a fight. Went in with his head down already, hoping for compassion… and truth is, he got it.
I’m with you, I’ll get the tar and feathers.

Cicada March 13, 2009 at 9:26 am

[re=264605]BluesBoos[/re]: Wow. I think this may be final proof that the wingnuts have become parodies of themselves.

Mr Blifil March 13, 2009 at 9:26 am


TGY March 13, 2009 at 9:33 am

Jesus wept.

Fear of a Black Reagan March 13, 2009 at 9:35 am

[re=264651]A Fine National Imbalance[/re]: Oh good! Another Overstock.com troll! Yes, it’s all the shortsellers fault…You and Cramer both agree and are like psychic twins!

Mr Blifil March 13, 2009 at 9:36 am

And in a similar vein let’s not forget the Daddy of all insousciance towards corporate masters, “Conspiracy Theory Rock.”


iolanthe March 13, 2009 at 9:40 am

[re=264631]Boojum[/re]: You’re not quite there, Boojum. You spelled “Jon”, “is”, and “also” correctly. I have literally seen comments from some folks, usually discussing Obama’s birth certificate, where even “is” and “also” were fucked up.

Once, one of these assholes tried to spell “wealth redistribution.”

How I wish I’d kept that. It was beyond belief and beyond description.

I laughed at him on the site. I was assured, by the others there, that Americans don’t need to know how to spell, they only need to know how to shoot Liberals.

Sigh …

Mild Midwesterner March 13, 2009 at 9:40 am

Not to poo poo on the snark, but here’s a bit of honesty for all of the Wonketeers. I’m currently enrolled in a top-25 MBA program, and I can tell you that the curriculum that we’re following reinforces all of the shenanigans that led to the current financial crisis. The so called academics haven’t learned their lessons, current business students are bound to repeat recent mistakes, and we haven’t seen the end of this. Fail.

iolanthe March 13, 2009 at 9:42 am

[re=264652]Aquannissiwamissoo[/re]: Damn! Is Gil Scott Heron still alive? How?

Sussemilch March 13, 2009 at 9:44 am

Either I’m out of words or I have too many of them. Why are the politicians clowns and the clowns statesmen? Where is the face of the nightly news calling for the heads of people who FUCKED THE ECONOMY TO DEATH?

iolanthe March 13, 2009 at 9:45 am

[re=264634]lazyb[/re]: Indeed. I have it on good authority from every mouthbreather on the net that ACORN caused this entire financial crisis. All of it.

Sigh …

Carrie_Okie March 13, 2009 at 9:55 am




iolanthe March 13, 2009 at 9:56 am

BTW, I’m noticing a new meme in Christian Wingnutland: People are saying that the “rich”, whom Jesus castigates in several of the Gospels, would *today* refer to the “Poor” … ’cause today’s Poor are all lazy ‘n’ stuff, like the Rich were back in 30AD or so, but the Rich today are just the grooviest most deserving people on the entire planet, and specially beloved by Jesus. You can tell, ’cause … they’re Rich!

So when Jesus in the Bible calls out the “Rich”, he really means to call out ACORN.

Do these people listen to themselves?

That’s almost as funny as the sermon I remember hearing when I was 8 years old, in my family’s upper-crust Episcopal Church, that explained the Scripture “it is easier for a camel to pass through the eye of a needle than for a rich man to enter Heaven” thusly:

One of the gates in the walls of Jerusalem was colloquially called “the Eye of the Needle”, because it was short and somewhat narrow. Before a laden camel could pass through the “Eye of the Needle”, his handlers had to remove his burdens and set them down, walk the camel through the “Eye”, pass the burdens through, then place them back on Mr. Camel’s back.

So it was a matter of moderate difficulty, and some thought and planning, to pass a camel through the Eye of the Needle, and the burdens would have to be *temporarily* laid down. But certainly not impossible! Oh my goodness, no. Everyone there could *relax*. Jesus would never *actually* say there was anything *wrong* with being rich.

Sigh …

I was *8*, and I could tell this was horseshit of the purest ray serene.

That was the year I realized a lot of grownups lie all the fucking time, especially about money and their relationship to it.

jetjaguar March 13, 2009 at 9:57 am

long, long ago TDS used to use the tagline “The Most Important Television Program, Ever”

they should bring that back now

King of Pants March 13, 2009 at 9:59 am

YAY for Jon Stewart calling the clown an asshole! That makes EVERYTHING better! Because Jon Stewart isn’t just some authorized stand-in for legit rage that’ll get defused by him punching another TV talking head! EVERYTHING’S DIFFERENT NOW THAT MEDIA CELEBRITIES HAVE SPOKEN TO EACH OTHER ON TELEVISION.

El Pinche March 13, 2009 at 10:01 am

hahaha, cramer is such a corporate cocksucker.

rocktonsammy March 13, 2009 at 10:21 am

So thats over, can I have my money and job back?

Aquannissiwamissoo March 13, 2009 at 10:23 am

[re=264699]King of Pants[/re]: Why don’t you do something about it, ineffective, powerless whiner?

Cicada March 13, 2009 at 10:25 am

[re=264699]King of Pants[/re]: There is a reason why this is getting so much play, you know. This appearance, like Stewart’s appearance on Crossfire, crystallizes what a lot of people are feeling right now. That is why people are talking about it on teh interwebs and teh teevee and even on teh NPR.

But yeah, it didn’t cure the economic crisis SO IT’S TOTAL BULLSHIT.

hobgoblin of little minds March 13, 2009 at 10:26 am

[re=264699]King of Pants[/re]: HENGHHH?!11?!?!1/

Chickensmack March 13, 2009 at 10:26 am

Something I just read on another blog, but is equally worth the question: Cramer and CNBC aren’t the only media that screwed the pooch on this economic collapse. There’s many more television channels that did the same thing, and a large group of print outlets that would occasionally ask questions, but rarely deliver hard, insightful answers.

Cramer’s not the only mea culpa we should hear in this. That’s the bad part.

Toomush Infermashun March 13, 2009 at 10:27 am

I saw this. I quit drinking. I went to bed. Can I get up yet?

A Fine National Imbalance March 13, 2009 at 10:30 am

[re=264697]iolanthe[/re]: …grownups lie all the fucking time, especially about money and their relationship to it.”

Santa and the Easter Bunny. Also.

Chickensmack March 13, 2009 at 10:33 am

[re=264685]Mild Midwesterner[/re]: You really just made me sad.

MargeSimpsonsBlackFriend March 13, 2009 at 10:34 am

[re=264730]Chickensmack[/re]: This is true, but CNBC is the latest to have some asshole screaming about what “losers” average joes who got fucked by this crisis are and that’s why they are taking it now. Fuck Rick Santelli and fuck CNBC.

I’ll give Cramer his due — going on TDS to get annihilated took man sized truck nutz. If he were smart, he wouldn’t have responded to Stewart’s initial rant but better to take your comeuppance and get it over with. (Unlike Santelli who pulled out of his own daily show appearance because he and CNBC are big fat pussies.) I’m not sure how Cramer’s show can go on in its current form. After last night, it’s going to seem even more retarded than before.

Norbert March 13, 2009 at 10:38 am

[re=264699]King of Pants[/re]: too right, mate.

[re=264647]Aquannissiwamissoo[/re]: very perceptive of you

Chickensmack March 13, 2009 at 10:39 am

[re=264697]iolanthe[/re]: I recently had an epiphany about the Eye of the Needle. It wasn’t about possession, it was that the rich dude wasn’t paying attention. Jesus was talking about doing loving, neighborly things, and compassion, and bringing people to be closer to one another. Rich dude thought it was a ride to heaven.

Personally, I think Jesus dismissed him. “Well shit, dude… if all you’re concerned about is heaven, then do something big that will get you there. And leave me the fuck alone right now… because it’s excruciatingly clear that you weren’t listening to me the first time I said this shit.”

pat robertsons personal trainer March 13, 2009 at 10:43 am

would there be any constitutional impediments to Stewart sitting in on the next Senate Banking/Finance Committee and eliciting testimony next time instead of some blue dog democrat asking questions he doesn’t understand to his Hamptons neighbor who was also one of his top 10 campaign contributors?

also, i hope cramer is preparing a monosyllabic crayon version of his resume. he was discredited just enough to join the ranks of Ollie North, Gordon Liddy, and Mark Fuhrman as Fox News contributors. Tucker Carlson really should’ve sent him his gigantic bottle of astroglide before that debacle. Also. Cramer did for rolled sleeves what Carlson did for bow ties. Also.

shortsshortsshorts March 13, 2009 at 10:46 am

[re=264631]Boojum[/re]: TELEPROMPTER!! WHAT A LOSER!!! Alright back to normal-speak.

AngryAtheist March 13, 2009 at 10:53 am

Stewart hit the issue dead on…

Wall Street used the pension funds and 401Ks of America to provide the capital for their games.

The bailout is no different. Privatize the profit but nationalize the risk because they claim the alternative is too terrible to contemplate.

Those alternatives to bailing out the banks has not been explored or explained to the American public.

Also, I get really pissed off when anyone tries to pass off responsibility for this cluster F*** to (insert politician name here) in order to claim innocence for their party or president. Bullshit! Just because the guy down the street robs a liquor store doesn’t make it ok for me to do the same. Ultimately, they ALL had a hand in it, but Wall Street pulled the trigger.

Capitalism must be monitored, controlled and regulated. I am terribly sorry if this reality is contrary to someone’s tiny-brained ideology.

I lied….I’m not sorry…just angry…as usual.

bamaboy March 13, 2009 at 11:01 am

I couldn’t watch but a few minutes, I’ve about lost all my retirement and seeing that pompus cocksucker justify himself made me kinda ill.

The whole lyin’ lot of them should be stood up and shot.

brown_recluse March 13, 2009 at 11:06 am

Jim Cramer richly deserved that gutting he received. I still hope after watching that, however, that someone’s staying with Cramer to make sure he doesn’t hang himself. Because that would ruin it.

lazyb March 13, 2009 at 11:31 am

[re=264697]iolanthe[/re]: O yes. After our beloved barely closeted gay leftish Catholic priest retired (to Miami of course)we were shopping for a new church and were told basically the same thing by a priest in a smugly wealthy parish. So, hooray, heaven forbid the rich should feel maybe a little uncomfortable about their excess. I understand that upper-class self doubt makes Jesus weep.
[re=264639]Boojum[/re]: Perfect.

randomsausage March 13, 2009 at 11:33 am

I think Jim Cramer needs to roll up his sleeves and get back to work. Oh wait, that’s already part of his faux Gordon Gekko schtick. Why doesn’t he fuck off instead then.

jagorev March 13, 2009 at 11:37 am

If you missed it and want to see more than this Youtube piece, you can obviously watch the whole interview (and embed it!) on http://www.thedailyshow.com

saridout March 13, 2009 at 11:40 am

i’m so used to the sarcasm, i can’t tell if you’re being serious or not, jim…

DoctorCulturae March 13, 2009 at 11:44 am

[re=264746]Chickensmack[/re]: When scales fall from one’s eyes it is not pretty nor does it feel good.

Teh CNBC is tip of the iceberg that brought down the Titanic.

The most poignant moment is Stewart talking about how his mother believed in the overall culture of investment ideology. It is arresting because amidst all the “reality” teevee and MSM reporting THIS was more real than almost any bit of media in years. And of course it made us uncomfortable because we know he hit on the most salient fact of this breakdown: greedy, selfish, jerks pwned us.

No one else (it seems) is capable of not only “reporting,” but just mere humanity in the MSM. Humanity or its lack, I might add, that snarking helps reveal. (Note to Denby et al.)

Agree that the court jester is the last person able to speak truth to power because everyone else drank the kool-aid. Since he is in the business of making kool-aid who would know better not to trust it?

A Fine National Imbalance March 13, 2009 at 11:46 am

When I hear the term “short sellers” I don’t think of stock manipulation but the size of their cocks, or lack thereof.

An American in Toronto March 13, 2009 at 11:51 am

[re=264685]Mild Midwesterner[/re]: Just out of curiosity, what ARE they teaching you?

bunnyhead March 13, 2009 at 12:17 pm

those guys at CNBC are rotten! that said, does anybody know where I can get a full size color poster of Becky Quick? (preferably scantily clad)

Internally valid March 13, 2009 at 12:19 pm

[re=264758]AngryAtheist[/re]: Point located. It’s not that some people were doing some illegal things, or that Cramer recommended a bad stock. It’s that CNBC was (is?) unequivocally devoted to feeding the get-rich-quick financial demon that would inevitably and obviously collapse into the hellstorm in which we currently try to survive.

Shit. I need a drink nao.

TGY March 13, 2009 at 12:56 pm

Jesus is *still* weeping. Emo Jesus.

One Yield Regular March 13, 2009 at 12:57 pm

I couldn’t stand to watch Cramer’s okays and fair enoughs and I’m tryings. He was like some slouchy married guy excusing himself to a rightfully angry wife. He’s just lucky that Stewart’s a model of reason and calm – and didn’t try to beat him to death with an electric guitar.

Yoshi March 13, 2009 at 1:01 pm

[re=264685]Mild Midwesterner[/re]: I’m working towards my MBA at the moment, as well, and the first few required courses I took really focused on ethical business and not screwing people over, which I found pretty heartening. However, my basic Accounting class hasn’t really worked in ethics too much…

TGY March 13, 2009 at 1:03 pm

[re=264928]One Yield Regular[/re]: An electric guitar is a fucking valuable thing. Clownish financial advisors not so much.

TeddyS March 13, 2009 at 1:04 pm

Jim Cramer should have passed on reacting so strongly on other shows to Jon Stewart’s jibes. Instead, with typical TV bravado, he dismissed Stewart as just a comedian and agreed to the interview with the thought that he would steamroll this guy.

As others have found out, that’s not a good idea. Jon Stewart is smart, knows how to use the language and his medium, and Jim Cramer got his ass scroched. Hell of an interview. Jon did his homework.

Last year, Cramer was asked by a caller about AT&T, which had just fallen to 31. Great deal! Can’t lose! At 31, buy, buy, but. Lots of horn-honking. I bought some. My own, bad stupid decision for investing without thoroughly looking at the big picture. But, thanks for the timely advice, Jim. Would like you better had you horn-honked the best CD rates in the nation at the time. It’s a matter of trust, and after Stewart’s BBQ showed you explaining how to roll the market, I think you’re just another shill for the bankers.

Principal Blackman March 13, 2009 at 1:11 pm


Even if you just skim this it gives you the impression that what Jon Stewart did to him was 1/1,000,000 of what he deserves. I hope Cramer’s show is canceled and I hope the SEC wakes up and investigates/exposes that what Cramer uses his show for is not just manipulative but downright illegal.

Incredulicious March 13, 2009 at 1:15 pm

It is just me or should Stewart go back to being funny and smart and drop the maudlin populist bullshit? Am I the only one?

Hooray For Anything March 13, 2009 at 1:24 pm

[re=264950]Incredulicious[/re]: Yes. Actually, it would be nice if he was just being smart and funny but as he appears to be the only to call BS on Jim Cramer and CNBC, then somebody’s got to do it. Once the news channels start doing something other than having two political hacks yell talking points at each other or feature some raving lunatic crying all sorts of crazy things without anybody calling them on it then, all we have is Jon Stewart.

imissopus March 13, 2009 at 1:25 pm

I’m as big a “Daily Show” fan as there is and I had to keep flipping away from this. Man, Jim Cramer is such a douche. I had a sinking feeling when he walked on stage that he had no idea what he was in for. I actually felt a little bad for him, though he did bring it on himself. Not just because of his show, but because of the way he’s dismissed Stewart all week as just a “comedian,” when anyone who watches “Daily Show” knows that those guys are some of the most trenchant and brutal satirists around.

american mutt March 13, 2009 at 1:39 pm

[re=264950]Incredulicious[/re]: agreed. if anything he should put the populism in a blog or editorial.

Yoshi March 13, 2009 at 1:40 pm

[re=264946]Principal Blackman[/re]: I can not wrap my head around the fact that that story is relating the truth, and isn’t the plot for an overly-dramatic Mafia intrigue book of fiction.

Someone, please tell me that people like that don’t really exist outside of movies and books.

Gallowglass March 13, 2009 at 1:55 pm

[re=264697]iolanthe[/re]: Likewise a scion of upper crust Episcopalian churches (I was the comparatively poor kid), I’ve heard that kind of bullshit before and even as a child it struck me as disingenuous. Mostly our priest ignored anything anti-wealth, but the pastors of the Baptist mega-churches some of my friends attended bought in to “prosperity theology” heart and soul. Its what Al Franken (I shudder to invoke his name) called “Supply Side Jesus”. I prefer “Grifter Theology”.

“Of the purest ray serene” is a lovely turn of phrase. I’m going to use it, but I’ll think of you when I do.

Gallowglass March 13, 2009 at 1:56 pm

I know its from a Thomas Gray poem, but I liked it better how you used it.

Gallowglass March 13, 2009 at 1:57 pm

[re=264985]american mutt[/re]: Umm. Isn’t his show an editorial? Kinda?

AxmxZ March 13, 2009 at 2:01 pm

I’m told Cramer is a charming guy when he wants to be, and I think we saw that in full yesterday. Props for taking it like a man. And Stewart, well… what’s there to say. When he lets the smart out, no one’s safe.

102415 March 13, 2009 at 2:38 pm

[re=264928]One Yield Regular[/re]: Ha, I’m thinking of sending over some hookers so I can break my husbands guitar over his head too.

102415 March 13, 2009 at 2:40 pm

[re=264950]Incredulicious[/re]: Yes, you are the only one.

bumfug March 13, 2009 at 2:42 pm

[re=264577]Fawxer[/re]: No shit – Cramer looked like Michael Steele having a bowl of crow at Rush’s house.

102415 March 13, 2009 at 2:43 pm

[re=264985]american mutt[/re]: Oh, sorry there are two of you.

Big Liver March 13, 2009 at 2:55 pm

I saw the Stewart/Cramer interview as vivisection without anesthesia. But at least Cramer didn’t try to say it wasn’t all true.

DoctorCulturae March 13, 2009 at 3:05 pm

The real story is why no one else, or few others have the credibility to take these kinds of stories on. Can you spell suck-up wannabe lackeys?

uh what? March 13, 2009 at 3:06 pm

Mild Midwesterner: um, I’m a totally newbie so if what you said was some sort of joke I’m sorry, BUT just because some jerk in a jacket with patched elbows* tells you it’s ok, doesn’t make it ok. I don’t understand how you can excuse clearly unethical behavior by saying “oh some ivory tower elitest told me to do it”. uh what? I don’t care if the dean of harvard told me to punch a baby and take its candy, I wouldn’t do it because it is clearly WRONG. maybe I have some sort of ethical super power that makes me able to tell right from wrong with no one telling me, but I’m reasonably certain that creating a false sense of urgency (aka LYING) to fleece idiot investors who get caught up in the hype is somehow unethical.
I’m sorry i’m not up on the new lingo, are they calling them “marks” now?
Does a con artist teach your class?
Don’t forget to blame those idiots for falling for the lies btw. Isn’t it hilarious when intrinsically honest people assume you’re telling them the truth because they don’t lie all the time. *gasps for air* oh my god, I’m laughing so hard I can’t breathe. Granted, no one is completely blameless. Some people just wanted fast easy money from their investments, but the ones who lost their 401Ks that they’ve been putting money into for years so they can retire, those are the real a$$holes.
Last time I checked you don’t have to check your brains or morals at the door when you take college classes. sooo yeah.

*disclaimer: i actually like jackets with patched elbows.

iolanthe March 13, 2009 at 3:33 pm

[re=265014]Gallowglass[/re]: Later in my life, from 1978-1986, I had a “born again experience”, and ended up becoming a charter member of Focus on the Family and a firebreathing Evangelical Charismatic Soulwinner. (Yes, I knocked on peoples’ doors and bothered them about Jesus.)

I heard the prosperity teaching; and the “shepherding” teaching (where everybody in a church has to report to some *other* member of the church who serves as their “covering”, kind of a mini-pope); and the Authority teaching, where questioning the pastor’s word … or one’s husband’s word … or Bill Gothard’s word … was tantamount to questioning God himself; during an illness church members came over to attempt to exorcise demons from my stove and my cat; I burned at fine collection of irreplaceable European rock records, etc. etc. In my defense, I was never a convinced Biblical Literalist or young-earther, and I never could renounce Evolution.

I mostly enjoyed the exuberant praise and worship. And under those guys, I really *did* read the Bible cover-to-cover several times.

But I had my *second* born-again experience the day we were supposed to be swaying with our eyes closed and hands in the air, murmuring in tongues, waiting to greet our Guest Speaker. I peeked, and realized that my hands were in the air to a *picture of Ronald Reagan* projected on the screen we used for hymn lyrics and verses for meditation.

I snatched my hands down, dimly remembering, partly from Episcopal Sunday School, that the *hero* of the Bible Story was *never* the guy who salaamed to the King, but rather the person who refused to do so (cf. books of Daniel, Esther, etc.)

Then the Guest Speaker got up and told us all about how we had to reclaim America for Christ, because America was a Christian Nation, etc. etc. that the Evil Liberals were leading astray.

Now — I’d actually *read* stuff Jefferson and Franklin had written.
So I knew this was crap.
And I got out of there.

For years, I’d warn people about the theocratic First-Amendment-Flouting agenda of the Religious Right, and they wouldn’t believe me. As recently as last year, one of the more reasonable right-wing debaters on one of my social networks, some kind of wealthy Catholic conservative lawyer, told me he’d never met any Christians like those I’d described and did not believe they actually existed. He was certain I’d made them up.

And then the Repubs nominated Sarah Palin.

She was even the same denomination that I had been in 1978-1986.

Dean Booth March 13, 2009 at 5:03 pm

Way late in the thread, but I’m reminded that Glenn Greenwald called Colbert’s speech at the Bush press dinner the best political speech of the Bush years. Unlike the MSM, Colbert and Steward both speak the unvarnished truth w/out worrying about stepping on toes.

TeddyS March 13, 2009 at 5:28 pm

[re=265138]uh what?[/re]: Depends on the candy. I would never punch a baby for a Three Musketeers.

AnglRdr March 13, 2009 at 6:04 pm

Here’s the link to the Viacom-owned website for those of us who can’ enjoy such things during the workday:http://www.thedailyshow.com/video/index.jhtml?videoId=221516&title=jim-cramer-unedited-interview

AnnieGetYourFun March 13, 2009 at 6:46 pm

Joe Scarborough says that Jon Stewart is an ideologue and Joe has a big head and must be smart and right about that.

WIDTAP March 13, 2009 at 7:23 pm

And Stewart, well… what’s there to say. When he lets the smart out, no one’s safe.


hobospacejungle March 13, 2009 at 7:24 pm

[re=265165]iolanthe[/re]: Thanks for sharing. Seriously. You are a brave person for showing us your closet o’ skeletons. Thank you.

BluesBoos March 13, 2009 at 9:39 pm

[re=265165]iolanthe[/re]: [re=264621]Lazy Media[/re]: thanks for the suggestion that puts your internetz wisdom to such a kingly state and insults me all at once! even after i explained why, it takes character…exactly what type of character is the only question remaining. but i grovel to your very important quibble…and beg mercy for the razor lash of thy wit, starbucks Voltaire…

BluesBoos March 13, 2009 at 9:40 pm

[re=264611]loquaciousmusic[/re]: thank you, sir..will post the results soon! *grin*

jasper-f-krone March 14, 2009 at 12:44 am

Jon brought Journalism to its knees, and Cramer wimpered.

Wonkette is the best site ever! Even better than Digikey!

Bruno March 14, 2009 at 1:34 am

I hate sports commenters, they have no value to add, they just say stuff regardless of what’s going on. Jim Cramer is worse than a sports commenter.

MrsNateSilver March 14, 2009 at 11:39 am

Thanks to iolanthe, this was the best comment thread I’ve ever read. Even if BluesBoos is overly sensitive and that “People” person up towards the top there is clearly on drugs.

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