The Stewart – Cramer Interview
You may have caught references to the ‘feud’ between Jon Stewart and Jim Cramer that’s been going on recently. Stewart has spent the last week calling out CNBC for selfishly turning a blind eye to suspicious CEOs and financial practices while knowingly fueling the hype that led to the current economic crisis. Clips of Cramer have been a large component of Stewart’s commentary and Cramer has been publicly defending himself on NBC affiliate networks over the last few days. Yesterday, Cramer went on The Daily Show for an extended interview. Jon Stewart conducted what I thought was a fair and rather devastating discussion in which Cramer was largely without argument and seemingly apologetic. I do think the mainstream media has gotten to the point where getting the viewer’s attention and holding it in the face of so many other distractions has risen well above what we naively assume is a mandate to actually dig into the backstory and occasionally call out the people who earn them their ratings and who not-so-indirectly finance their industry. Many will discount personalties like Jon Stewart and Stephan Colbert as simple entertainers opportunistically editing the day’s news into nightly comedy. I won’t deny that a lot of it is slanted, and hilarious. But the mere fact that this type of program (or any program) can step up and foster this manner of conversation is a beautiful thing and extremely refreshing. The employment of logic and constructive criticism seems all but lost these days, but might just be on the rise. I’m liking it.
Below is the unedited interview in 3 parts. It is absolutely worth a watch:
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