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Business Channel Shows Are Lies To Push Investments, Not To Inform Sto


WIP

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I watched the highly anticipated confrontation between Jim Cramer and John Stewart on a rebroadcast of Thursday night's Daily Show, and I sure wasn't disappointed. Although I was surprised that Stewart went for the jugular as aggressively as he did; he showed videos of Cramer bragging about using lies and deception to increase his profits while working as a hedge fund manager, cheerleading over-valued stocks until the wheels finally fell off the wagon........then he and Rick Santelli were quick to try to misdirect attention by blaming the Obama Administration for the collapse!

Watching Cramer's pathetic excuse of an apology, I was left wondering to myself why we don't see this kind of hard-hitting journalism on the shows that are supposed to be informing the viewer! For several years now, I've listened to pundits carp about how young people are getting their news from a comedy show, as if this will make them a less informed segment of the population. In truth, viewers will learn more about politics and business from the Daily Show than they will from CNBC, CNN, MSNBC and worst of all - FoxNews.

http://news.yahoo.com/s/ap/20090314/ap_on_...ncial_reporters

http://www.youtube.com/watch?v=z1YXLM3YBZg

http://www.youtube.com/watch?v=TRb0Kh64FhE

http://www.youtube.com/watch?v=KRSodN--Gao

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.....Watching Cramer's pathetic excuse of an apology, I was left wondering to myself why we don't see this kind of hard-hitting journalism on the shows that are supposed to be informing the viewer! .....

You were able to find out...why not others? This story was available early on Friday in American media markets.

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You were able to find out...why not others? This story was available early on Friday in American media markets.

Actually it was on Thursday nigth, but I was working and had to watch the Friday afternoon rebroadcast. You do realize that these shows are available in Canada I hope! I was waiting for someone else to post it, and when there were no takers here, I put it up myself.

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Actually it was on Thursday nigth, but I was working and had to watch the Friday afternoon rebroadcast. You do realize that these shows are available in Canada I hope! I was waiting for someone else to post it, and when there were no takers here, I put it up myself.

I don't know how to break it to you, but the Americans are perfectly capable of watching not only the actual broadcast in real-time, but also any media buzz about the show. That happened on Friday morning's news cycle.

Your second-hand experince is.....late.....you don't live in America.

Edited by bush_cheney2004
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CTV airs the same-day Daily Show in Canada, does it not? I don't know for sure; it's past my bedtime. Regardless, what a stupid derailment of a good topic.

What I believe WIP is asking is not "why did this air Thursday in the US but Friday in Canada?" but rather "why hasn't the mainstream media been reporting this story for months or years?" and more importantly "why does it take a comedian who bills his show as 'fake news' to bring some serious attention to the standards of journalism being applied?"

Jon Stewart is a smart guy, and a funny guy. I find that his show is usually at its best when their target is the media rather than politicians. Whether it be the shameless recycling of party talking-points by reporters too lazy to do any research, or the famous beat-down of Tucker Carlson, to now this, the Daily Show's self-styled format of 'fake news' gives them a unique platform from which to lampoon "real news".

-k

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....What I believe WIP is asking is not "why did this air Thursday in the US but Friday in Canada?" but rather "why hasn't the mainstream media been reporting this story for months or years?" and more importantly "why does it take a comedian who bills his show as 'fake news' to bring some serious attention to the standards of journalism being applied?"

Beats me...perhaps there are no standards. I recall that Stewart recently mocked Canada's recent coalition adventure in Parliament, exposing outright ignorance on the part of many citizens. Did journalism standards have a role to play all these years?

Mainstream media in America did report this story in particular, just as it has other topical Stewart bits.

Edited by bush_cheney2004
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CTV airs the same-day Daily Show in Canada, does it not? I don't know for sure; it's past my bedtime. Regardless, what a stupid derailment of a good topic.

Could be! I pick up the show on the Comedy Network, which carries most of Comedy Central's shows.

What I believe WIP is asking is not "why did this air Thursday in the US but Friday in Canada?" but rather "why hasn't the mainstream media been reporting this story for months or years?" and more importantly "why does it take a comedian who bills his show as 'fake news' to bring some serious attention to the standards of journalism being applied?"

Thanks, I thought that should have been obvious, but bc resorts to his usual hair-splitting to divert a topic when he doesn't have any real points to make and wants to act like he's getting the last word.

Jon Stewart is a smart guy, and a funny guy. I find that his show is usually at its best when their target is the media rather than politicians. Whether it be the shameless recycling of party talking-points by reporters too lazy to do any research, or the famous beat-down of Tucker Carlson, to now this, the Daily Show's self-styled format of 'fake news' gives them a unique platform from which to lampoon "real news".

-k

Leading up to the big showdown, media pundits were asking why Stewart was focusing so much fire on CNBC, implicitly suggesting that his reasons were something other than real outrage -- but when Cramer took the stage, he had nothing to say in his own defense besides some mealy mouthed excuses like "sure, we could of did a better job" over and over again. Cramer could not lie about knowing the game that's played by market manipulators on Wall Street because he's one of them!

Stewart played excerpts from Cramer's self-incriminating Street.com interview by Aaron Task that's been circulating on Youtube since October, that received little attention from the public for the simple reason that NOBODY in the media is reporting on the games that hedge fund managers and former managers like Cramer, play to artificially inflate and deflate stock values to suit their own interests. And the reason why Stewart considers management at CNBC to be the main offenders is because they knowingly hired a cheat and a fraud and packaged him as an honest adviser that the viewing public could trust.

His assessment that the players have sold the public on a "buy and hold" strategy and leave their money in so these guys and their friends could play games with it. Whether it is a legal fraud or a criminal racket, it is still a game that's just as dishonest as the one that was played in the 1920's, except that the public has more at stake in it today, since their pension fund managers may have unwittingly put some of their money at risk even if they don't invest directly in the market themselves.

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...Thanks, I thought that should have been obvious, but bc resorts to his usual hair-splitting to divert a topic when he doesn't have any real points to make and wants to act like he's getting the last word.

I made my point....you just don't like it. Don't serve up soft balls like that if you don't want them hit out of the park.

You have a history of taking a very narrow view (from across the border no less), and projecting your conclusions to a nation of 300,000,000 with media options and choices that are far more diverse than those found in Canada.

If I call you on it, too bad.

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I made my point....you just don't like it. Don't serve up soft balls like that if you don't want them hit out of the park.

You have a history of taking a very narrow view (from across the border no less), and projecting your conclusions to a nation of 300,000,000 with media options and choices that are far more diverse than those found in Canada.

If I call you on it, too bad.

Speaking of balls, your country has a history of taking a very narrow view and projecting its conclusions onto a planet of 6,500,000,000.

No wonder so many people call you on it.

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What I believe WIP is asking is not "why did this air Thursday in the US but Friday in Canada?" but rather "why hasn't the mainstream media been reporting this story for months or years?" and more importantly "why does it take a comedian who bills his show as 'fake news' to bring some serious attention to the standards of journalism being applied?"

If I didn't know any better I'd say there's something here that almost screams out for regulations. Almost.

Edited by eyeball
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I watched the highly anticipated confrontation between Jim Cramer and John Stewart on a rebroadcast of Thursday night's Daily Show, and I sure wasn't disappointed. Although I was surprised that Stewart went for the jugular as aggressively as he did; he showed videos of Cramer bragging about using lies and deception to increase his profits while working as a hedge fund manager, cheerleading over-valued stocks until the wheels finally fell off the wagon........then he and Rick Santelli were quick to try to misdirect attention by blaming the Obama Administration for the collapse!
So I gather that, according to you, John Stewart is now the go-to-guy who has the inside news on the market? Or is John Stewart merely some guy who exposed a market predictor as just some guy?

WIP, do you believe that life is so simple? WIP, do you believe that market players are so naive?

Edited by August1991
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So I gather that, according to you, John Stewart is now the go-to-guy who has the inside news on the market?

No, John Stewart is a media critic. He's holding the business media to account for their failure to find out what was actually happening.

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So I gather that, according to you, John Stewart is now the go-to-guy who has the inside news on the market? Or is John Stewart merely some guy who exposed a market predictor as just some guy?

He is the go-to guy by default apparently, since he's the only one exposing the fact that business reporting claims to be informing the public, and does the exact opposite - deliberately tries to mislead the average investor. He's the only broadcaster who confronted Cramer about his self-incriminating interview for Street.com that has been on Youtube for three months, and was ignored by everyone else in major media.

WIP, do you believe that life is so simple? WIP, do you believe that market players are so naive?

Depends which market players you're referring to! The game is rigged by people with access to inside information, so they're not naive. It's the average investor who's bought into this buy-and-hold bullshit who is naive -- since they are putting up the money for the financial market strategists to make bets with!

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So I gather that, according to you, John Stewart is now the go-to-guy who has the inside news on the market? Or is John Stewart merely some guy who exposed a market predictor as just some guy?

No, John Stewart sang "Gold" with Stevie Nicks in the 1970s.

I think you mean Jon Stewart. But he exposed market predictors as illegal market manipulators, and average investors as, yes, naive that

the people they entrust with their money aren't a bunch of Madoffs.

Edited by BubberMiley
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Anyone who listens to the advice of entertainers deserves what they get. As Laura Ingraham likes to say, "Shut up and act."

Speaking of entertainers, what the hell does Laura Ingram know about anything? How long do you think she would last in a debate with John Stewart? The title "comedian" carries more weight than "actor" or "artist" when it comes to political debate, because if there is one thing and one thing only that comedians have in common, it's the ability to think fast, and that's why most politicians duck shows on like Stewart's, Bill Maher, or the Colbert Report - they fear the unexpected, so some douchebag like Dick Cheney will have an interview with CNN's John King, rather than John Stewart.

Now, Ingram is just another cookie-cutter protege of right wing gasbags like Limbaugh and Hannity, who present one-sided, misleading information, and even outright lies, and will say anything to defend the rightwing agenda.

Do any of them (besides Michael Medved) ever have guest with opposing viewpoints, or debate the opposition? Limbaugh in particular, is nothing more than a propagandist! There is very little real information content in his "stack of stuff," he only takes a handful of his carefully screened callers per hour, and rarely has guests, even conservatives! He would never have anyone from the opposition, and has ducked every attempt by his political adversaries to debate in public.

Contrast Limbaugh with the highest ranking liberal radio talk show host - Thom Hartmann, who doesn't screen callers, has Republicans and guests from right wing think tanks like the Heritage Foundation and the Cato Institute, on a daily basis. That's the way radio used to be done by every talk show host before Limbaugh turned it into an exercise in brain-washing!

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