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White House spokesman on Stewart vs. Cramer: “I enjoyed it thoroughly”
HotAir ^ | HotAir

Posted on 03/13/2009 12:53:02 PM PDT by GOPGuide

Quoth Jim Treacher a few hours ago, “I’ve never cared much about Jim Cramer, but it’s ‘funny’ how he didn’t become a problem for Jon Stewart until he became a problem for Obama.” And lo and behold, just across from Tapper at ABC:

He wasn’t sure if the president caught Mr. Stewart’s bloodletting of the host of “Mad Money,” but he himself gave the show a thumbs up.

“I enjoyed it thoroughly,” Gibbs said at his daily briefing…

Gibbs today said Stewart “asked a lot of tough questions” and that he wasn’t “surprised that CNBC hasn’t put the video on its website.”

Left unmentioned: The fact that Cramer was an Obama supporter. Oh, and the fact that Stewart’s chief criticism of CNBC, that it could have spared the public an economic catastrophe by investigating and exposing Wall Street’s reckless hyperleveraging, applies to 99.99% of the Obama-adoring media. Cramer’s taking the brunt of it here not for his shady admissions about how to game the market — that’s ancient history — but because, like Treacher says, he had the gall to turn on The One publicly. See also Mark Hemingway:

If you want to have Cramer on your show and bully him for sticking his neck out and being spectacularly wrong in hindsight, fine. Perhaps he deserves it, and certainly it’s not hard to see Cramer as emblematic of Wall Street arrogance. The problem is that Stewart’s critique of Jim Cramer, or of the financial press in general, is not new or particularly relevant — banks have been collapsing for a year. It only became an issue when Stewart wanted to delegitimize Santelli and Cramer’s comments on the Obama administration.

Indeed. Here’s the interview in three parts (there’s profanity, so please observe your official content warning); you can safely skip the first if you’re pressed for time. In fact, I encourage you to do so, as the only thing more insufferable than Stewart in his lecturing populist “clown nose off” mode is the embarrassing, hyperbolic adulation he gets for it from his media fanboys afterwards. Definitely watch the third clip, though, as it finds him sliding effortlessly from a critique of financial media into a critique of investment itself. How silly of Americans to think that they might make money from something other than their own labor.


TOPICS:
KEYWORDS: cramer; koolaid; messiah; obama; stewart; themessiah

1 posted on 03/13/2009 12:53:02 PM PDT by GOPGuide
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To: GOPGuide

Related:

http://www.freerepublic.com/focus/f-news/2206050/posts


2 posted on 03/13/2009 12:55:31 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: GOPGuide

John Stewart seems to think that he is a tribune of the people.

He is really a high paid clown who mugs well for the camera.


3 posted on 03/13/2009 12:56:03 PM PDT by RexBeach ("Do your duty in all things." Robert E. Lee)
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To: RexBeach

What are his ratings?


4 posted on 03/13/2009 12:56:55 PM PDT by GOPGuide
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To: GOPGuide
Is anybody keeping a list of MSM journalists and personalities who take it to be part of their job description that they attack anybody who criticizes Obama in a way that draws some public attention? A sample list:
5 posted on 03/13/2009 12:59:46 PM PDT by snarks_when_bored
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To: snarks_when_bored

Plus Stewart is such a hyprocrite. He told Cramer that gaining wealth is done by hard work, not by gaming the system. I almost laughed when he said that. Maybe Stewart should tell this to his majesty, the redistributor in chief.


6 posted on 03/13/2009 1:05:30 PM PDT by tell me
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To: GOPGuide

Why was Cramer such a sniveling wimp on Stewart’s show? what a drag after all the pre-”fight” hype.


7 posted on 03/13/2009 1:06:42 PM PDT by FreepShop1 (www.FreepShop.com)
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To: GOPGuide
Cramer came out publicly against obama’s economic plan (or lack thereof) and now he has been discredited and, indirectly, so have Cramer's criticisms of obama’s economic slash and burn. We all knew Cramer would be silenced one way or another and the good and faithful servant Stewart made it fun for Gibbs and the White House. The lesson is: Thou shalt not speak ill of the obamessiah.
8 posted on 03/13/2009 1:11:50 PM PDT by GBA
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To: GOPGuide

A comedian interviewing a loudmouth trader-on-crack is .... news?

The real scary news here is how ANYONE WHO DARES SAY A CRITICAL THING ABOUT OBAMA IS CALLED OUT.


9 posted on 03/13/2009 1:15:38 PM PDT by WOSG (tagline is now unemployed due to Obama economy)
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To: snarks_when_bored

Is anybody keeping a list of MSM journalists and personalities who take it to be part of their job description that they attack anybody who criticizes Obama in a way that draws some public attention? A sample list:

* Chris Matthews (MSNBC)
* Keith Olbermann (MSNBC)
* Rachel Maddow (MSNBC)
* Jon Stewart (Comedy Central)
* John Harwood (CNB}

____________
Oh hell yes. My list is about 10 times longer.


10 posted on 03/13/2009 1:27:09 PM PDT by mojitojoe ( Idiots elected a Marxist ideologue with narcissistic personality disorder & America is dying.)
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To: GOPGuide

The crux of the problem here is really (and it’s sad) but I’d say 80% of the sheep who watch Jon Stewart ACTUALLY THINK that he is a REAL NEWSPERSON.

He’s an entertainer, but a great percentage of my generation is so completely out of touch with reality, they consider him to be a reliable source on political news.

Such is the uphill battle those of us who believe in liberty now face.


11 posted on 03/13/2009 1:29:43 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: DuncanWaring
A few days ago, Cramer actually had to rehash some criticism of the Bush administration. I believe once Rush and other conservatives were using Cramers comments/arguments, he had to backtrack since he is a liberal. This is probably why it was Cramer on Jon Stewart and not Rick Santelli.
12 posted on 03/13/2009 1:40:25 PM PDT by fightin bronco (All animals are equal, except some animals are more equal than others)
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To: GOPGuide
Am I the ONLY one who realizes that "The Daily Show" is a FAKE "evening news" show that airs on Comedy Central and is played for laughs? The rest of the world seems to think Jim Cramer got a rebuke from Walter Cronkite or something.

What's next, the Wall Street Journal starts analyzing Congressional coverage on SNL's "Weekend Update"?

13 posted on 03/13/2009 1:50:32 PM PDT by BillyBoy (Impeach Obama? Yes We Can!)
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To: GOPGuide
I want to know his ratings, too, though I guess his latest hit on someone who'd criticize O got some viewers.

I try to watch his show once in a while because he's the present leader of the Too Cool for School stoner crowd. But, gawsh, he's so effeminate! Smirky, snarly, self-adoring. He and Rahm could do a pas de deux together. Drudge caught one of his silly, prissy gestures on his page today.

So I can't watch for long. It's upsetting how many eat out of his petal-soft hand.

14 posted on 03/13/2009 3:30:32 PM PDT by Mamzelle (Boycott Peggy Swoonin')
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To: GOPGuide

I don’t know his ratings or share, but I think they are rather middling or low.


15 posted on 03/16/2009 5:15:07 AM PDT by RexBeach ("Do your duty in all things." Robert E. Lee)
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