Jim Cramer gets Pounded by John Stewart on the Daily Show

[Allan from Fallbrook]

Gandalf: Addressing the finance component of your post above, I would point out something that I believe is key and that is: In terms of fraud or criminal activity, none of what transpired is new. What I mean by that is, while the scope and breadth of what happened is truly awe-inspiring, Wall Street really wasn’t up to any new shit, in terms of fucking Joe Sixpack and Main Street, USA over.

Granted, they certainly had new weapons in the arsenal (Warren Buffett’s “Weapons of Mass Destruction”, derivative products) and weapons that were capable of incredible damage (all of which still hasn’t happened, in my opinion), but the flash and trash shilling and touting are the same old, same old, just tarted up in a new outfit and turned out to trick for Daddy.

And Dems and Repubs bear equal blame for allowing this shit to happen and for so long. If we’re going to demonize Barney Frank, then we have to trash Phil Gramm, too. Include Frank Keating and John McCain, going back to the “Keating Five” and the S&L Crisis (which we apparently didn’t learn from, either). Throw Nixon under the bus for closing the gold window. This whole sordid, shitty mess has been thirty plus years in the making and the toilet finally overflowed.

Ultimately, though, we’re to blame. The American people. If our politicians are inept, venal and corrupt, what does that say about us as a citizenry? You call these “Wall Street fuckers” on their lack of honesty, integrity and responsibility, but what about ours? What about our civic responsibility and the social contract? What about being good neighbors, and informed voters and just generally decent? What the fuck happened to us? When did we turn into a bunch of whining, puerile, narcissistic little ego monkey victims? What happened to the country that won WWII and put a man on the moon and built the most vibrant, dynamic economic colossus in history?

We need to stop pointing fingers and cowboy the fuck up. Shut up and get the damn job done. We beat the Nazis, the Japanese and the Soviets and all of them at the height of their game. We put them out of business and permanently. Time to find our balls again and start swinging that goddamn hammer like we mean it.

[Shadowfax]

Allan,

Guten Tag. What happened? How about first you stop funding education so no one can think for themselves or analyze anything more complicated than Angelina vs Jennifer. Then you feed the population a load of Jesus is King or some other insipid message that says, don’t think, just believe. So now that the majority of the population is dumbed-down (most newspapers write at a 7th grade reading level) and on social Prozac, you start monkeying with the system (gotta have a monkey reference in every post).

Oh, and as you pointed out, any one that is smart enough to question the validity of this fraudulent bullshit–or who has the balls to speak up, let’s silence them with some corporate browbeating and a night of lapdancing. C’mon!

Yes, we need to be responsible for our own decisions and we, as Americans, need to shut up or put up. But there are a lot of secretaries and plumbers out there–no offense to them–who really aren’t equipped (through some or little fault of their own) to figure out what trading in derivative securites is all about. They watch tv though, and some guy who is supposed to be an expert says XYZ is doing great–can’t go wrong buying there! Or they go see a “professional” at WaMu or Wachovia about how to invest their nest egg. They get sold a ticking time bomb second on their house. Or they sink part of their life savings in the stock market and then it tanks. The “big thinkers” and masters of the universe have to take the brunt of the responsibility for this. Most Americans put their money in an IRA or 401(k) cause they don’t have the time or the resources to investigate and validate but are told that they must invest since social security will be no more by the time the 40-somethings or 30-somethings retire. What are they supposed to do? I have no real sympathy for the seasoned investors or the institutions–they have an army of people who’s full-time job it is/was to know better and they played along with everyone else. Shame on them.

Thank you Stewart (John, not Martha) for calling these assholes out on the mat and making them answer some tough questions. Where is the MSM even now? They are just reporting on the prizefighting–still lobbing meatballs at the orchestrators of this mess.

[Shadowfax]

Allan,

Guten Tag. What happened? How about first you stop funding education so no one can think for themselves or analyze anything more complicated than Angelina vs Jennifer. Then you feed the population a load of Jesus is King or some other insipid message that says, don’t think, just believe. So now that the majority of the population is dumbed-down (most newspapers write at a 7th grade reading level) and on social Prozac, you start monkeying with the system (gotta have a monkey reference in every post).

Oh, and as you pointed out, any one that is smart enough to question the validity of this fraudulent bullshit–or who has the balls to speak up, let’s silence them with some corporate browbeating and a night of lapdancing. C’mon!

Yes, we need to be responsible for our own decisions and we, as Americans, need to shut up or put up. But there are a lot of secretaries and plumbers out there–no offense to them–who really aren’t equipped (through some or little fault of their own) to figure out what trading in derivative securites is all about. They watch tv though, and some guy who is supposed to be an expert says XYZ is doing great–can’t go wrong buying there! Or they go see a “professional” at WaMu or Wachovia about how to invest their nest egg. They get sold a ticking time bomb second on their house. Or they sink part of their life savings in the stock market and then it tanks. The “big thinkers” and masters of the universe have to take the brunt of the responsibility for this. Most Americans put their money in an IRA or 401(k) cause they don’t have the time or the resources to investigate and validate but are told that they must invest since social security will be no more by the time the 40-somethings or 30-somethings retire. What are they supposed to do? I have no real sympathy for the seasoned investors or the institutions–they have an army of people who’s full-time job it is/was to know better and they played along with everyone else. Shame on them.

Thank you Stewart (John, not Martha) for calling these assholes out on the mat and making them answer some tough questions. Where is the MSM even now? They are just reporting on the prizefighting–still lobbing meatballs at the orchestrators of this mess.

[Shadowfax]

Allan,

Guten Tag. What happened? How about first you stop funding education so no one can think for themselves or analyze anything more complicated than Angelina vs Jennifer. Then you feed the population a load of Jesus is King or some other insipid message that says, don’t think, just believe. So now that the majority of the population is dumbed-down (most newspapers write at a 7th grade reading level) and on social Prozac, you start monkeying with the system (gotta have a monkey reference in every post).

Oh, and as you pointed out, any one that is smart enough to question the validity of this fraudulent bullshit–or who has the balls to speak up, let’s silence them with some corporate browbeating and a night of lapdancing. C’mon!

Yes, we need to be responsible for our own decisions and we, as Americans, need to shut up or put up. But there are a lot of secretaries and plumbers out there–no offense to them–who really aren’t equipped (through some or little fault of their own) to figure out what trading in derivative securites is all about. They watch tv though, and some guy who is supposed to be an expert says XYZ is doing great–can’t go wrong buying there! Or they go see a “professional” at WaMu or Wachovia about how to invest their nest egg. They get sold a ticking time bomb second on their house. Or they sink part of their life savings in the stock market and then it tanks. The “big thinkers” and masters of the universe have to take the brunt of the responsibility for this. Most Americans put their money in an IRA or 401(k) cause they don’t have the time or the resources to investigate and validate but are told that they must invest since social security will be no more by the time the 40-somethings or 30-somethings retire. What are they supposed to do? I have no real sympathy for the seasoned investors or the institutions–they have an army of people who’s full-time job it is/was to know better and they played along with everyone else. Shame on them.

Thank you Stewart (John, not Martha) for calling these assholes out on the mat and making them answer some tough questions. Where is the MSM even now? They are just reporting on the prizefighting–still lobbing meatballs at the orchestrators of this mess.

[Shadowfax]

Allan,

Guten Tag. What happened? How about first you stop funding education so no one can think for themselves or analyze anything more complicated than Angelina vs Jennifer. Then you feed the population a load of Jesus is King or some other insipid message that says, don’t think, just believe. So now that the majority of the population is dumbed-down (most newspapers write at a 7th grade reading level) and on social Prozac, you start monkeying with the system (gotta have a monkey reference in every post).

Oh, and as you pointed out, any one that is smart enough to question the validity of this fraudulent bullshit–or who has the balls to speak up, let’s silence them with some corporate browbeating and a night of lapdancing. C’mon!

Yes, we need to be responsible for our own decisions and we, as Americans, need to shut up or put up. But there are a lot of secretaries and plumbers out there–no offense to them–who really aren’t equipped (through some or little fault of their own) to figure out what trading in derivative securites is all about. They watch tv though, and some guy who is supposed to be an expert says XYZ is doing great–can’t go wrong buying there! Or they go see a “professional” at WaMu or Wachovia about how to invest their nest egg. They get sold a ticking time bomb second on their house. Or they sink part of their life savings in the stock market and then it tanks. The “big thinkers” and masters of the universe have to take the brunt of the responsibility for this. Most Americans put their money in an IRA or 401(k) cause they don’t have the time or the resources to investigate and validate but are told that they must invest since social security will be no more by the time the 40-somethings or 30-somethings retire. What are they supposed to do? I have no real sympathy for the seasoned investors or the institutions–they have an army of people who’s full-time job it is/was to know better and they played along with everyone else. Shame on them.

Thank you Stewart (John, not Martha) for calling these assholes out on the mat and making them answer some tough questions. Where is the MSM even now? They are just reporting on the prizefighting–still lobbing meatballs at the orchestrators of this mess.

[Shadowfax]

Allan,

Guten Tag. What happened? How about first you stop funding education so no one can think for themselves or analyze anything more complicated than Angelina vs Jennifer. Then you feed the population a load of Jesus is King or some other insipid message that says, don’t think, just believe. So now that the majority of the population is dumbed-down (most newspapers write at a 7th grade reading level) and on social Prozac, you start monkeying with the system (gotta have a monkey reference in every post).

Oh, and as you pointed out, any one that is smart enough to question the validity of this fraudulent bullshit–or who has the balls to speak up, let’s silence them with some corporate browbeating and a night of lapdancing. C’mon!

Yes, we need to be responsible for our own decisions and we, as Americans, need to shut up or put up. But there are a lot of secretaries and plumbers out there–no offense to them–who really aren’t equipped (through some or little fault of their own) to figure out what trading in derivative securites is all about. They watch tv though, and some guy who is supposed to be an expert says XYZ is doing great–can’t go wrong buying there! Or they go see a “professional” at WaMu or Wachovia about how to invest their nest egg. They get sold a ticking time bomb second on their house. Or they sink part of their life savings in the stock market and then it tanks. The “big thinkers” and masters of the universe have to take the brunt of the responsibility for this. Most Americans put their money in an IRA or 401(k) cause they don’t have the time or the resources to investigate and validate but are told that they must invest since social security will be no more by the time the 40-somethings or 30-somethings retire. What are they supposed to do? I have no real sympathy for the seasoned investors or the institutions–they have an army of people who’s full-time job it is/was to know better and they played along with everyone else. Shame on them.

Thank you Stewart (John, not Martha) for calling these assholes out on the mat and making them answer some tough questions. Where is the MSM even now? They are just reporting on the prizefighting–still lobbing meatballs at the orchestrators of this mess.

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[Shadowfax]

[quote=gandalf]
BTW, what’s this about ‘S&L Crisis’? How old are you, man?[/quote]

He meant SNL crisis…ever since Jane Curtain and Bill Murray et al left, it just hasn’t been the same.

[Shadowfax]

[quote=gandalf]
BTW, what’s this about ‘S&L Crisis’? How old are you, man?[/quote]

He meant SNL crisis…ever since Jane Curtain and Bill Murray et al left, it just hasn’t been the same.

[Shadowfax]

[quote=gandalf]
BTW, what’s this about ‘S&L Crisis’? How old are you, man?[/quote]

He meant SNL crisis…ever since Jane Curtain and Bill Murray et al left, it just hasn’t been the same.

[Shadowfax]

[quote=gandalf]
BTW, what’s this about ‘S&L Crisis’? How old are you, man?[/quote]

He meant SNL crisis…ever since Jane Curtain and Bill Murray et al left, it just hasn’t been the same.

[Author]

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