Okay, I've been inactive for a few months, but I have to comment on Jon Stewart's interview (aka witch hunt) of Jim Cramer. This interview demonstrates a degree of hypocrisy on the part of Stewart that baffles me, and it really isn't that easy to baffle me when it comes to talentless comedians like him, especially after several years of seeing The Daily Show ruin my generation's ability to process news information.
First of all, Jim Cramer has become the whipping boy not because he was a hedge fund manager who acted with questionable morals (which is a very loose characterization of what he was accused of on the show). He has become the whipping boy because of the following video, when he let slip that "Domine" Barack Obama was actually destroying the economy rather than helping it:
Now, it isn't often that a liberal democrat who had endorsed Obama (especially when he said "Obama is a recession, McCain is a depression") comes out and is honest about the wealth destroying, pork-laden, government expanding, Keynes-on-crack stimulus, but it is happening. Cramer merely called Obama's agenda "radical." Now he's been the subject of a "Joe the Plumber"-esque character assassination led by the "liberal" media. The Stewart interview was one that he should not have actually taken, given the fact that he moved close to the bottom on the White House's "People to Destroy" list.
The actual substance of the interview doesn't really concern me though. What bothers me about this interview is one thing that Jon Stewart said, through his long attempt to denigrate CNBC as a whole. Stewart said "It's not just you... it is this idea that the financial news industry is not just guilty of a sin of omission but a sin of commission; that they are actually in bed with them." He also, after a short time, said "What is the responsibility of the people who cover Wall Street?" Well, that is a very novel idea from the man who gave us this teary-eyed moment:
It's crazy for someone who actually campaigned for Barack Obama as a faux news reporter, without giving any attention to the blatant bias that he spewed forth, to call for "responsibility" in any sector of the news media. Journalism with minimal bias; journalism that serves as a watchdog to politicians; and journalism that vets candidates for qualifications, philosophy, and even policy platforms no longer exists and the Daily Show is a blatant demonstration of it. The media gave us only positive about Obama during the campaign. They ripped Sarah Palin for existing, sending hundreds of tabloid journalists to Alaska to dig up dirt, then creating false stories when they found nothing. They (with the help of various sitting government officials) illegally investigated private citizens that challenged Obama. They talked endlessly about his high IQ without knowing it, about his speaking ability (without mentioning that it came from a teleprompter). They ignored all of the warning signs (Cramer too) about his radical agenda, even calling him a "moderate." And, while men like Jon Stewart bow down and pray to the portrait of Obama that is hung on their mantles, men like Jim Cramer, who have been analyzing markets and commenting on the economy far longer than Jon Stewart has been "newscasting," have come to see the light and are, not really surprisingly given the media treatment of Obama, surprised by the policies, which anyone who hadn't been swayed by the cult of personality (nearly 53 million) knew were coming and feared, and by the inherent harm that they would and have caused and denounced them.
Those who are still Obama-maniacs now turn on those who have denounced the President's policies, none of which have actually denounced the President himself for having them (the closest was Cramer). It really just ticks me off that Jon Stewart, the most liberal "news" man in the country after Keith Olbermann and his little henchwoman (Rachel Maddow), says that the media should be responsible watchdogs that don't take what people say at face value. These are the people who railed against Sarah Palin for not saying what newspapers she read when they could not tell what newspapers Obama reads, but they want "responsible journalism." When did their lobotomy turn into a complete removal of their brain? I really don't have an answer.
Friday, March 13, 2009
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