On Fri, Mar 13, 2009 at 1:58 PM, Sam <[email protected]> wrote: > > If you want to have Cramer on your show and bully him for sticking his > neck out and being spectacularly wrong in hindsight, fine. Perhaps he > deserves it, and certainly its not hard to see Cramer as emblematic > of Wall Street arrogance. The problem is that Stewarts critique of > Jim Cramer, or of the financial press in general, is not new or > particularly relevant banks have been collapsing for a year. It only > became an issue when Stewart wanted to delegitimize Santelli and > Cramers comments on the Obama administration. >
Stewart was not (IMO) bullying Cramer specifically, and said as much a few times in the interview. He certainly wasn't bullying him for making picks and simply being wrong. Stewart was lambasting the whole notion of financial journalism and questioning whether or not it was impartial and thoroughly researched prior to being reported. As far as it not being "new", that's irrelevant and does not diminish the message. Attacking Stewart's motives do not do anything to diminish the accuracy of what he says (otherwise, I imagine you (or, I guess Mark Heming) would be attacking the accuracy of what he says). I think the motives are pretty simple. Ratings. Not necessarily a particularly noble motive, but as Stewart himself points out, it's an entertainment show and the goal of the show is to be successful. Still, doesn't reflect on the accuracy of the message. -- I have failed as much as I have succeeded. But I love my life. I love my wife. And I wish you my kind of succes ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:291651 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
