Friday, March 13, 2009

My take on the Stewart-Cramer discussion

I had a chance to watch the unedited Jon Stewart interview of Jim Cramer, and I personally believe that both of them acquitted themselves well. While people are concentrating on the points that Stewart made, to his credit Cramer did mount a defense and did explain his position.

On the other hand, Boing Boing disagrees:

Cramer was especially upset about being included in a segment TDS produced on the horrible and almost criminal reporting CNBC has been airing as THE go-to business network after CNBC's Rick Santelli attacked average working-class people who got caught up in the sub-prime mortgage crisis. Santelli dubbed them as "losers." Well, the only loser tonight was Cramer and CNBC.

Jim basically sat there, starry-eyed like a lost puppy, and was virtually silent throughout the three-segment show featuring him. He basically waved the white flag and said, "You got me."

But judge for yourself.

Part One

Part Two

Part Three
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