Home › Forums › Financial Markets/Economics › Jim Cramer gets Pounded by John Stewart on the Daily Show
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March 14, 2009 at 10:34 PM #366820March 15, 2009 at 12:02 AM #366295sdgrrlParticipant
Did anybody catch Cramer talking about Bear Stearns and how he had spoken to to the top guys and how they were his friends and that they essentially promised him that all would be well. Cramer many times said over and over how close he was to these people; I think with one guy from BS he said he knew him for 20 years.
That’s part of the problem; how could Cramer effectively give objective advice to the general public when he can be used as a mouth piece by high level CEO’s of some these investment firms. When he went on and on about how he too was duped by those guys I lost all respect and could care less for the rest of my life what come out of that man’s mouth.
In regards to Obama’s performance in his first 55 or so odd days; I think he hasn’t even done enough to say. For God’s sake the man hasn’t even been in office for 2 months. Within his first week the conservative punditry were already complaining about his performance. So, for those that hate him it will never be enough. There is no way you can make it reasonable to them.
I do appreciate a president who will not obstruct stem cell research and will not have pastor Ted Haggard on a weekly conference call in the Oval office.
When Bush came into office I supported him for four years. It wasn’t until the fourth year with the tipping point being Katrina, that my rose colored glasses cracked and the glass shattered in my eyes.
Rush Limbaugh may want Obama to fail, but I sincerely hope Obama succeeds, because I can’t handle 11 years of failure. I say 11 because I don’t think Bush was all that bad in his first year.
I can’t easily forget Bush talking to crowd in New Mexico boasting about the surge in home ownership under his presidency and how more and more people were feeling the pride in having their “American Dream” realized…does anyone else remember this? Yet, as proud as he was he and his crew; especially his financial gurus never once said “hmm…maybe we should take a look into this huge surge in ownership and how suddenly all these people who previously couldn’t qualify for one now can”?
I haven’t quickly forgotten the last few years and I don’t think most of us have either.
March 15, 2009 at 12:02 AM #366584sdgrrlParticipantDid anybody catch Cramer talking about Bear Stearns and how he had spoken to to the top guys and how they were his friends and that they essentially promised him that all would be well. Cramer many times said over and over how close he was to these people; I think with one guy from BS he said he knew him for 20 years.
That’s part of the problem; how could Cramer effectively give objective advice to the general public when he can be used as a mouth piece by high level CEO’s of some these investment firms. When he went on and on about how he too was duped by those guys I lost all respect and could care less for the rest of my life what come out of that man’s mouth.
In regards to Obama’s performance in his first 55 or so odd days; I think he hasn’t even done enough to say. For God’s sake the man hasn’t even been in office for 2 months. Within his first week the conservative punditry were already complaining about his performance. So, for those that hate him it will never be enough. There is no way you can make it reasonable to them.
I do appreciate a president who will not obstruct stem cell research and will not have pastor Ted Haggard on a weekly conference call in the Oval office.
When Bush came into office I supported him for four years. It wasn’t until the fourth year with the tipping point being Katrina, that my rose colored glasses cracked and the glass shattered in my eyes.
Rush Limbaugh may want Obama to fail, but I sincerely hope Obama succeeds, because I can’t handle 11 years of failure. I say 11 because I don’t think Bush was all that bad in his first year.
I can’t easily forget Bush talking to crowd in New Mexico boasting about the surge in home ownership under his presidency and how more and more people were feeling the pride in having their “American Dream” realized…does anyone else remember this? Yet, as proud as he was he and his crew; especially his financial gurus never once said “hmm…maybe we should take a look into this huge surge in ownership and how suddenly all these people who previously couldn’t qualify for one now can”?
I haven’t quickly forgotten the last few years and I don’t think most of us have either.
March 15, 2009 at 12:02 AM #366746sdgrrlParticipantDid anybody catch Cramer talking about Bear Stearns and how he had spoken to to the top guys and how they were his friends and that they essentially promised him that all would be well. Cramer many times said over and over how close he was to these people; I think with one guy from BS he said he knew him for 20 years.
That’s part of the problem; how could Cramer effectively give objective advice to the general public when he can be used as a mouth piece by high level CEO’s of some these investment firms. When he went on and on about how he too was duped by those guys I lost all respect and could care less for the rest of my life what come out of that man’s mouth.
In regards to Obama’s performance in his first 55 or so odd days; I think he hasn’t even done enough to say. For God’s sake the man hasn’t even been in office for 2 months. Within his first week the conservative punditry were already complaining about his performance. So, for those that hate him it will never be enough. There is no way you can make it reasonable to them.
I do appreciate a president who will not obstruct stem cell research and will not have pastor Ted Haggard on a weekly conference call in the Oval office.
When Bush came into office I supported him for four years. It wasn’t until the fourth year with the tipping point being Katrina, that my rose colored glasses cracked and the glass shattered in my eyes.
Rush Limbaugh may want Obama to fail, but I sincerely hope Obama succeeds, because I can’t handle 11 years of failure. I say 11 because I don’t think Bush was all that bad in his first year.
I can’t easily forget Bush talking to crowd in New Mexico boasting about the surge in home ownership under his presidency and how more and more people were feeling the pride in having their “American Dream” realized…does anyone else remember this? Yet, as proud as he was he and his crew; especially his financial gurus never once said “hmm…maybe we should take a look into this huge surge in ownership and how suddenly all these people who previously couldn’t qualify for one now can”?
I haven’t quickly forgotten the last few years and I don’t think most of us have either.
March 15, 2009 at 12:02 AM #366782sdgrrlParticipantDid anybody catch Cramer talking about Bear Stearns and how he had spoken to to the top guys and how they were his friends and that they essentially promised him that all would be well. Cramer many times said over and over how close he was to these people; I think with one guy from BS he said he knew him for 20 years.
That’s part of the problem; how could Cramer effectively give objective advice to the general public when he can be used as a mouth piece by high level CEO’s of some these investment firms. When he went on and on about how he too was duped by those guys I lost all respect and could care less for the rest of my life what come out of that man’s mouth.
In regards to Obama’s performance in his first 55 or so odd days; I think he hasn’t even done enough to say. For God’s sake the man hasn’t even been in office for 2 months. Within his first week the conservative punditry were already complaining about his performance. So, for those that hate him it will never be enough. There is no way you can make it reasonable to them.
I do appreciate a president who will not obstruct stem cell research and will not have pastor Ted Haggard on a weekly conference call in the Oval office.
When Bush came into office I supported him for four years. It wasn’t until the fourth year with the tipping point being Katrina, that my rose colored glasses cracked and the glass shattered in my eyes.
Rush Limbaugh may want Obama to fail, but I sincerely hope Obama succeeds, because I can’t handle 11 years of failure. I say 11 because I don’t think Bush was all that bad in his first year.
I can’t easily forget Bush talking to crowd in New Mexico boasting about the surge in home ownership under his presidency and how more and more people were feeling the pride in having their “American Dream” realized…does anyone else remember this? Yet, as proud as he was he and his crew; especially his financial gurus never once said “hmm…maybe we should take a look into this huge surge in ownership and how suddenly all these people who previously couldn’t qualify for one now can”?
I haven’t quickly forgotten the last few years and I don’t think most of us have either.
March 15, 2009 at 12:02 AM #366895sdgrrlParticipantDid anybody catch Cramer talking about Bear Stearns and how he had spoken to to the top guys and how they were his friends and that they essentially promised him that all would be well. Cramer many times said over and over how close he was to these people; I think with one guy from BS he said he knew him for 20 years.
That’s part of the problem; how could Cramer effectively give objective advice to the general public when he can be used as a mouth piece by high level CEO’s of some these investment firms. When he went on and on about how he too was duped by those guys I lost all respect and could care less for the rest of my life what come out of that man’s mouth.
In regards to Obama’s performance in his first 55 or so odd days; I think he hasn’t even done enough to say. For God’s sake the man hasn’t even been in office for 2 months. Within his first week the conservative punditry were already complaining about his performance. So, for those that hate him it will never be enough. There is no way you can make it reasonable to them.
I do appreciate a president who will not obstruct stem cell research and will not have pastor Ted Haggard on a weekly conference call in the Oval office.
When Bush came into office I supported him for four years. It wasn’t until the fourth year with the tipping point being Katrina, that my rose colored glasses cracked and the glass shattered in my eyes.
Rush Limbaugh may want Obama to fail, but I sincerely hope Obama succeeds, because I can’t handle 11 years of failure. I say 11 because I don’t think Bush was all that bad in his first year.
I can’t easily forget Bush talking to crowd in New Mexico boasting about the surge in home ownership under his presidency and how more and more people were feeling the pride in having their “American Dream” realized…does anyone else remember this? Yet, as proud as he was he and his crew; especially his financial gurus never once said “hmm…maybe we should take a look into this huge surge in ownership and how suddenly all these people who previously couldn’t qualify for one now can”?
I haven’t quickly forgotten the last few years and I don’t think most of us have either.
March 15, 2009 at 12:54 AM #366300ltokudaParticipantWhat’s important to remember is that guys like Cramer and Santelli are just like actors filling a role on TV. They may have high visibility roles but they are replacable just like any other actor. The point of the interview was not about good calls versus bad calls. It was not about Cramer the individual or any other individual that claims to be an expert on CNBC. The main premise of the interview was to ask what the nature of the roles on CNBC are. Are they financial news reporters? Are they consumer advocates? Or are they cogs in the wall street PR machine?
Suppose I interviewed David Lereah and focused on all the predictions he got wrong. I could certainly make him look an idiot. People could easily come to the conclusion that he’s a moron – End of story. I’m sure people would be relieved to learn that he was replaced by Lawrence Yun. With Lawrence Yun in charge, everyone can expect better predictions by the NAR, right?
The problem is that Lereah and Yun are indistiguishable from each other. They are both playing the same role. Unless you understand what that role is, you won’t understand why Lereah made such bad predictions. More importantly, won’t understand why Yun will be just as unreliable.
March 15, 2009 at 12:54 AM #366589ltokudaParticipantWhat’s important to remember is that guys like Cramer and Santelli are just like actors filling a role on TV. They may have high visibility roles but they are replacable just like any other actor. The point of the interview was not about good calls versus bad calls. It was not about Cramer the individual or any other individual that claims to be an expert on CNBC. The main premise of the interview was to ask what the nature of the roles on CNBC are. Are they financial news reporters? Are they consumer advocates? Or are they cogs in the wall street PR machine?
Suppose I interviewed David Lereah and focused on all the predictions he got wrong. I could certainly make him look an idiot. People could easily come to the conclusion that he’s a moron – End of story. I’m sure people would be relieved to learn that he was replaced by Lawrence Yun. With Lawrence Yun in charge, everyone can expect better predictions by the NAR, right?
The problem is that Lereah and Yun are indistiguishable from each other. They are both playing the same role. Unless you understand what that role is, you won’t understand why Lereah made such bad predictions. More importantly, won’t understand why Yun will be just as unreliable.
March 15, 2009 at 12:54 AM #366751ltokudaParticipantWhat’s important to remember is that guys like Cramer and Santelli are just like actors filling a role on TV. They may have high visibility roles but they are replacable just like any other actor. The point of the interview was not about good calls versus bad calls. It was not about Cramer the individual or any other individual that claims to be an expert on CNBC. The main premise of the interview was to ask what the nature of the roles on CNBC are. Are they financial news reporters? Are they consumer advocates? Or are they cogs in the wall street PR machine?
Suppose I interviewed David Lereah and focused on all the predictions he got wrong. I could certainly make him look an idiot. People could easily come to the conclusion that he’s a moron – End of story. I’m sure people would be relieved to learn that he was replaced by Lawrence Yun. With Lawrence Yun in charge, everyone can expect better predictions by the NAR, right?
The problem is that Lereah and Yun are indistiguishable from each other. They are both playing the same role. Unless you understand what that role is, you won’t understand why Lereah made such bad predictions. More importantly, won’t understand why Yun will be just as unreliable.
March 15, 2009 at 12:54 AM #366787ltokudaParticipantWhat’s important to remember is that guys like Cramer and Santelli are just like actors filling a role on TV. They may have high visibility roles but they are replacable just like any other actor. The point of the interview was not about good calls versus bad calls. It was not about Cramer the individual or any other individual that claims to be an expert on CNBC. The main premise of the interview was to ask what the nature of the roles on CNBC are. Are they financial news reporters? Are they consumer advocates? Or are they cogs in the wall street PR machine?
Suppose I interviewed David Lereah and focused on all the predictions he got wrong. I could certainly make him look an idiot. People could easily come to the conclusion that he’s a moron – End of story. I’m sure people would be relieved to learn that he was replaced by Lawrence Yun. With Lawrence Yun in charge, everyone can expect better predictions by the NAR, right?
The problem is that Lereah and Yun are indistiguishable from each other. They are both playing the same role. Unless you understand what that role is, you won’t understand why Lereah made such bad predictions. More importantly, won’t understand why Yun will be just as unreliable.
March 15, 2009 at 12:54 AM #366900ltokudaParticipantWhat’s important to remember is that guys like Cramer and Santelli are just like actors filling a role on TV. They may have high visibility roles but they are replacable just like any other actor. The point of the interview was not about good calls versus bad calls. It was not about Cramer the individual or any other individual that claims to be an expert on CNBC. The main premise of the interview was to ask what the nature of the roles on CNBC are. Are they financial news reporters? Are they consumer advocates? Or are they cogs in the wall street PR machine?
Suppose I interviewed David Lereah and focused on all the predictions he got wrong. I could certainly make him look an idiot. People could easily come to the conclusion that he’s a moron – End of story. I’m sure people would be relieved to learn that he was replaced by Lawrence Yun. With Lawrence Yun in charge, everyone can expect better predictions by the NAR, right?
The problem is that Lereah and Yun are indistiguishable from each other. They are both playing the same role. Unless you understand what that role is, you won’t understand why Lereah made such bad predictions. More importantly, won’t understand why Yun will be just as unreliable.
March 15, 2009 at 8:48 AM #366345NotCrankyParticipant“Believe Half of What You See, and None of What You Hear” It’s TV. That’s a hearing and seeing experience. Why would anyone seriously give a crap about these people’s views unless for some reason they found it entertaining? I believe Cramer has an almost legitimate out. It’s television.
March 15, 2009 at 8:48 AM #366635NotCrankyParticipant“Believe Half of What You See, and None of What You Hear” It’s TV. That’s a hearing and seeing experience. Why would anyone seriously give a crap about these people’s views unless for some reason they found it entertaining? I believe Cramer has an almost legitimate out. It’s television.
March 15, 2009 at 8:48 AM #366796NotCrankyParticipant“Believe Half of What You See, and None of What You Hear” It’s TV. That’s a hearing and seeing experience. Why would anyone seriously give a crap about these people’s views unless for some reason they found it entertaining? I believe Cramer has an almost legitimate out. It’s television.
March 15, 2009 at 8:48 AM #366833NotCrankyParticipant“Believe Half of What You See, and None of What You Hear” It’s TV. That’s a hearing and seeing experience. Why would anyone seriously give a crap about these people’s views unless for some reason they found it entertaining? I believe Cramer has an almost legitimate out. It’s television.
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