The night Jon Stewart wasn’t funny – with Cramer

Stewart has been trying to make the point that CNBC is not a news organization, it’s a promo organization for Wall Street. And that, in fact, when it should have reporting the lying, cheating, and stealing going on, they were just pumping stocks and telling us everything was hunky dory.

If you aren’t one of the millions who have already watched the Stewart interview with Jim Cramer, here are the three clips featured on the HuffingtonPost, comprising the entire interview, uncut and unedited (for sure watch the 3rd clip). Stewart is dead serious and clearly pissed off. The original ‘Market Manipulation’ Cramer interview is included at the end of this post.

Continue here to see clips 2 and 3. Stewart really takes it to Cramer in the 3rd clip.

And if you want to see the original Cramer interview that Stewart draws all his clips from, here it is. Cramer explains how the fraud is done. I think he’s saying it’s what he himself has done, but he tells Jon Stewart he just wasn’t clear about that. You be the judge. I don’t understand why this Cramer isn’t under indictment.

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  1. #1 by Larry Bergan on March 14, 2009 - 1:05 am

    I’m seriously wondering whether Cramer isn’t worried that he’ll lose his show. Jon Stewart ended the popular “Crossfire” show with one appearance. I mean, all he could do was to sit there and tell Stewart to slap him because he deserved it through the whole interview.

    The entire media needs to be dewormed. There are plenty of great political hosts out there who could take over the void, but that’s not going to happen because an honest host HAS to bash corporate America on a regular basis to retain any credibility.

    A great host named Peter B. Collins is losing his show next week, and he is one of the best.

    GOD DAMN IT! America voted for progressive movement in a peaceful election and we can’t hear what we need to hear on our DAMN television or radio! All we get is more of the same lies!

  2. #2 by Richard Warnick on March 14, 2009 - 8:45 am

    Glenn Greenwald makes the connection that Jon Stewart was implicitly making. Most of our media, especially on TV, are truth-impaired.

    It’s fine to praise Jon Stewart for the great interview he conducted and to mock and scoff at Jim Cramer and CNBC. That’s absolutely warranted. But just as was true for Judy Miller (and her still-celebrated cohort, Michael Gordon), Jim Cramer isn’t an aberration. What he did and the excuses he offered are ones that are embraced as gospel to this day by most of our establishment press corps, and to know that this is true, just look at what they do and say about their roles. But at least Cramer wants to appear to be contrite for the complicit role he played in disseminating incredibly destructive and false claims from the politically powerful. That stands in stark contrast to David Gregory, Charlie Gibson, Brian Williams, David Ignatius and most of their friends, who continue to be defiantly and pompously proud of the exact same role they play.

    Greenwald relates the Daily Show interview to the often-stated premise that the only role of the media is to cozy up to powerful people, ask polite questions, and dutifully record the answers. The point Stephen Colbert famously made at the 2006 White House Correspondents Dinner.

    But, listen, let’s review the rules. Here’s how it works. The President makes decisions. He’s the decider. The press secretary announces those decisions, and you people of the press type those decisions down. Make, announce, type. Just put ‘em through a spell check and go home.

  3. #3 by Cliff Lyon on March 14, 2009 - 10:42 am

    Cramer’s responses reflected the same sort of every-man-for-himself without regard for any sort of ethic or social responsibility.

    He kept trying to compare his show with The Daily Show in terms of entertainment, as if he should be held to no higher standard then getting and keeping viewers.

    I hope Larry is right and Cramer’s program is cancelled.

    Frankly, the the whole network (CNBC) should be taken down for their full-on complicity in the deliberate manipulation of the American people.

    Todays corporate media is far more dangerous than people realize. I mean look at what its done to a whole generation of otherwise nice people who happen to be conservative (read gullible) and use information strickly for the purpose of self-validation of sick positions spoon fed to them by idiots like Limbaugh, Hannity, O’Reilly, Colter, and other pind scum.

  4. #4 by Anonymous on March 14, 2009 - 12:24 pm

    Cramer’s responses reflected the same sort of every-man-for-himself without regard for any sort of ethic or social responsibility which is what Wall Street is all about.

    It’s down there in the fine print at the bottom of your IRA and mutual fund statements.

  5. #5 by Anonymous on March 14, 2009 - 12:25 pm

    Wakey, wakey, babes, it’s morming in America

  6. #6 by Anonymous on March 14, 2009 - 12:26 pm

    and morning as well…

  7. #7 by Anonymous on March 14, 2009 - 12:35 pm

    Poor Larry, America didn’t vote for a progressive movement, they voted for OBAMA!

  8. #8 by Glenden Brown on March 14, 2009 - 4:53 pm

    Watching Stewart disembowel Jim Cramer was as painful as it was rewarding. Stewart dropped his comedian schtick and went on the warpath as the voice of the outraged, cheated investor. It’s probably not a watershed moment in and of itself, but it is a sign of the increasing populist rage directed at Wall Street and its host of enablers.

  9. #9 by Shane Smith on March 14, 2009 - 6:57 pm

    If you want to see a detailed look at some of the stupidity these people do, around one single company, there is a good read about Apple at http://www.roughlydrafted.com/2009/03/13/jon-stewart-exposes-apple-stock-manipulation/

    I am admittedly a big Apple fan, but even if you hate them, it is a pretty good read about how much the stock system is simply a scam. Not exactly news to many people, but the details are worth reading.

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