Never pass up a chance to sit down or relieve yourself. -old Apache saying

Friday, March 6, 2009

Jon Stewart rips CNBC

As usual, I'm on Jon Stewart's side here. The wife and I have been watching Jim Cramer's "Mad Money" on CBNC for the last few months, but lately, we just can't take it anymore.

Item 1 - Jim Cramer is wrong about stocks probably half the time. Sometimes he owns up to his being wrong. Many times not. One week he's pitching some stock, and the next month he says to stay away from it, without any explanation in between, and if you followed his initial advice, you're stuck with it.

Item 2 - Jim's obvious, often-stated drive for money above all else is really wearing thin. Time after time he demonstrates that, regardless of what the company might be doing (feasting off the bones of the deceased, for instance), making money is the driving force. It's all about money, with no morality needed or considered. It's naked, cold capitalism, and it's ugly.

Item 3 - Jim's constant "slips of the tongue" when he calls the Democrats "Communists" or "Bolsheviks" or the innumerable times he calls Obama "Lenin," by accident, of course, really gets old.

The last straw is that, lately, he is insisting that Obama wants to destroy all profit in the country. Destroy EVERYthing. Cramer's over-the-top style is grating already, but his super-harsh denunciation of anything Obama is trying to do is just too much. We'll be deleting any unwatched Mad Money episodes from my DVR, and killing the recording "timer" too. I sent him a not-too-kind email, but I don't give a shit if he even reads it.

As for the rest of the talking heads on CNBC, they just strike me as a bunch of spoiled, selfish capitalists who have to fill the 24-hour cycle with something, anything, to keep you watching. It gets really old.

I'm loving this rant by Jon Stewart. Great timing, Jon!

Unfortunately, I can't seem to embed the video properly here. I guess to watch the vid, you'll have to go here.

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