Showing posts with label CNBC. Show all posts
Showing posts with label CNBC. Show all posts

Thursday, March 19, 2009

Cramer Just Won't Give Up

Jim Cramer spoke out against his Jon Stewart interview on the Today show.

I think it was a naive and misleading thing to attack the media. We weren’t behind this. CNBC, in particular, has been out front on this. … I think there are people who bear so much more responsibility [than the media] that it’s just wrong-headed: the politicians, the regulators, the SEC, the lenders, the investment banks. … It’s just a naive focus, it really is Meredith.



My question to Cramer is: why didn't you say any of this when you were on Stewart's show? By the way, during that interview, Jon Stewart did say that there were a few good journalists at CNBC and included David Faber, or don't you remember because of the drubbing you were in the midst of?

Cramer's comment of taking the "high road" when he said he would try to do better sticks in my craw when the following day on his show, he did this. So much for the high road OR actually trying to do better. Sorry, Jim. This defense was weak.

Saturday, March 14, 2009

The Silence Was Deafening

MSNBC Barely Touches Stewart vs. Cramer

Every time someone uses the phrase,"liberal media," I look for the nearest brick wall on which to pound my head against.

In anticipation for the Jon Stewart/Jim Cramer knock-down-drag-out, Cramer took to the airwaves of the morning shows in his defense to attempt to rehabilitate his image and rebut his main critic with a specific message: "A comedian’s attacking me. Wow. He runs a variety show." I remember him saying it at least twice. He appeared on the Today show, got Joe Scarborough to shill for him on Morning Joe, and even pounded dough with Martha Stewart.

After the bloodletting, Joe Scarborough was touting an exclusive interview with Cramer on Morning Joke™ using Twitter.



I even got up at an ungodly hour to watch. No Cramer. Then this.



So much for Jim Cramer taking it like a man. Did he no-show or was he cancelled? Maybe the latter.

..."MSNBC producers were asked not to incorporate the Jim Cramer/Jon Stewart interview into their shows today." In fact, the only time it came up on MSNBC was during the White House briefing, when a member of the press corps asked Press Secretary Robert Gibbs if Pres. Obama watched. Gibbs wasn't sure if the president had, but Gibbs did. "I enjoyed it thoroughly," the Press Secretary said.

Keith... Keith... Why have you forsaken us?

The biggest disappointment in all of this is that the "liberal media" (namely MSNBC according to its detractors) took its marching orders with the culmination of Keith Olbermann completely ignoring what was probably one of the best journalism pieces this short year. Not. A. Word. And the silence was deafening.

Now we all know what side KO's bread is buttered on, but I think this qualified as a pretty big news story and if Olbermann doesn't think he can mention it because of a conflict of interest with separate NBC network entities, then he actually did no better than Jim Cramer.

Luckily, there is still one person on the MSNBC line up that kept her integrity.



Yes, Rachel Maddow framed the feature of this "Dust Up!" story in regards to what millions were interested in, in comparison to other newsworthy stories... but she mentioned it. She didn't ignore it like the rest of the day of MSNBC programming, from Morning Joke™ to hours of inane coverage of that missing Halleigh girl to even more news of Anna Nicole Smith two years after her death. That's what they talked about. But something that happened to one of their own in the NBC family? Mum's the word.

Chris Matthews, who got his own drubbing in my opinion with the Ari Fleischer crapfest, ignored it. David Shuster? Did he mention it? Apparently not, since it seems to be the talk of the intertubes that except for Maddow, the Cramer story was ignored (please correct me if I'm wrong).

Let's not forget that this isn't some little side story about television personality rumbles. This was the true outing of the lack of financial oversight and regulations that have put our government in an economic crisis that we all fear, an admission from a former hedge fund manager as to how the inside game is played because the SEC doesn't understand it, as well as a complete deficiency of investigative journalism on the part of the financial "reporters" on financial news networks like CNBC and Fox Business Channel. If they have doubts about a certain company, do they seriously expect a CEO of said company to come on their show for an interview and be honest?

As for Jim Cramer, he was the only other NBC regular that actually mentioned "what happened yesterday" on his Friday broadcast, proving to all that it was going to be "business as usual" on his show, bell, whistles, red buttoned sound effects, plastic sledgehammers and all. So much for the promise of change, Mr. Cramer. So much for the promise of change.

Excuse me while I go find a brick wall.

Friday, March 13, 2009

Stewart vs. Cramer: Brawl Street

I watched the edited version on Comedy Central last night and thought Stewart said his piece and Cramer took it like a man. Watching the unedited (and in my opinion, much better) version, there was more of a dialogue that I wish they had time to air on the show. That being said, maybe it'll make Cramer rethink the hype, give a fairer assessment on his program and get rid of the "Booyah!" plastic sledgehammer.

I used to watch these CNBC shows and initially thought that they were working for the interest of the viewer. But the events of the past year, especially the last two months, the tone seemingly changed to a "Blame Obama" mentality (maybe I'm biased) when this crisis was years in the making and Obama had been in office for two months, culminating with the Santelli rant that has the appearance of having been planned far in advance, I have to wonder what dubious or perhaps nefarious factors are at work here.

Jon Stewart may work at Comedy Central, but his style and crackerajck team has been at the forefront of exposing hypocrisy without the need to pull punches like so many "journalists" who fear losing access.

My prediction is that CNBC will suffer reduced viewership, will need an intense overhaul and if not, possibly cease to exist - and as far as the Cramer show, if he doesn't get rid of his big, red buttons and plastic cows and shed his sound effects for some more nuanced, serious financial discussion, he'll be gone by the end of the season. But what do I know?

This is an excellent interview, but my favorite part (with a guilty smile on my face) is when Stewart refers to Joe Scarborough as "Doucheborough."
Enjoy.



We are capitalizing your adventure



It's not a fucking game

Wednesday, March 11, 2009

Jim Cramer Picked the Wrong Guy to Fuck With

The Jim Cramer evisceration continues. And Joe Scarborough gets into the act. Joe Scarborough!



I believe Thrusday night at 11pm on Comedy Central is going to be a Must-See-TV night, as Stewart's guest is going to be... Jim Cramer! I would also suggest to The Scar that should he happen to criticize a show, perhaps he should watch it first.

Tuesday, March 10, 2009

Jon Stewart Bitchslaps Jim Cramer - UPDATED

Stewart continued his rampage against CNBC, specifically Jim Cramer, who decided to write an article on how his advice was mischaracterized by The Daily Show. ...Bad move, Jim.




UPDATE (2:18pm): Cramer fights back with an appearance on The Today Show, claiming he stuck his neck out when he told everyone to sell by October 2008. Well fuck, Jim, by October '08 even I knew that! I didn't need a talking head financial guru slapping red buttons like a maniac to tell me the market was tanking when it had been happening for a year. He also refers to himself as "the little guy." Poor multi-millionaire Jim Cramer.

Maybe you should just go on The Daily Show and hash it out. I'd like to see that.

Thursday, March 5, 2009

Jon Stewart PWNS CNBC & Wall Street

Stewart hits it out of the park... again. The whole show is worth watching.


Thursday, February 19, 2009

Douchebag of the Week: Rick Santelli




Obviously this douchebag doesn't even understand the premise of President Obama's foreclosure rescue plan let alone understand that sometimes you have to help your fellow man in order to save the yourself instead of constantly looking at the bottom line. I don't expect this asshole to make an apology when the economy turns around, just take credit for manipulating the markets with their bullshit reports when they start bouncing back. God bless Wall Street, right Rick?

Douchebag of the Week: CNBC's Rick Santelli



Adding...
from commenter "steve" at the GDAB:

This really encapsulates the Republican attitudes that got the country into the mess it's in. If people lose their houses, if they lose their jobs and can't get health insurance, if they can't feed or shelter their families, it's because they're stupid losers and they don't deserve those things.

But if a bank is failing because of horrible management, throw money at it because "they're too big to fail." How fucking illogical is that?!

Tuesday, February 12, 2008

T Minus 343 Days

Another silly post in the countdown calendar about Bush being added to the roster of bad rhinoplasties at awfulplasticsurgery.com, so I'll find a quote myself on the Internets... yes, I know how to use The Google.

"One of the things I’ve used on the Google is to pull up maps. It’s very interesting to see — I’ve forgot the name of the program — but you get the satellite, and you can — like, I kinda like to look at the ranch. It remind me of where I wanna be sometimes."

-CNBC Interview with Maria Bartiromo, October 23, 2006

 
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