Jon Stewart on CNBC’s financial advice

Times are tough these days, which I think we all know. Thank goodness I have “The Daily Show with Jon Stewart” to end the day four nights a week.

Stewart is one of the funniest — and smartest — men alive, in my opinion. Last night he took on CNBC. If you didn’t see it, watch this. I promise you too will find it amusing.

22 Comments

  1. daknadler
    Posted March 5, 2009 at 10:28 am | Permalink

    That is brilliant. Don’t know about Stewart being one of the smartest men alive, but he nailed this in a way none of the news organizations has.

  2. boyhowdy
    Posted March 5, 2009 at 10:48 am | Permalink

    FYI–It’s Jon, not John.

  3. Dan Loving
    Posted March 5, 2009 at 12:59 pm | Permalink

    daknadler … ok, maybe a little hyperbole on my part. maybe.

    bowhowdy … clearly i’m not as smart as jon. thanks for pointing out the mistake. :)

  4. ictBest
    Posted March 5, 2009 at 10:19 pm | Permalink

    Funny stuff.

  5. LonnythePlumber
    Posted March 9, 2009 at 6:59 am | Permalink

    I loved Jon explanation of the AT&T breakup.

  6. frankiefurter
    Posted March 10, 2009 at 4:40 am | Permalink

    The Chicago Merc ain’t on Wall Street geniuses.

    And the Chicago Merc’s members didn’t take any bailout or TARP money.

    But nice effort at being funny Stewart – not.

    Obviously those on the left don’t get why Santelli’s comments resonate. They resonate b/c it is sentiment behind all of the bailout and stimulus, not just the mortgage part of it.

  7. ksfarmgrrl
    Posted March 10, 2009 at 10:16 am | Permalink

    “Obviously those on the left don’t get why Santelli’s comments resonate.”

    And obviously you dont get why Stewart’s comments resonate.

  8. jerry
    Posted March 10, 2009 at 11:49 am | Permalink

    Farmgirl, you’ve fed on the kool-aid trough for too long.

  9. Bill Wilson
    Posted March 10, 2009 at 2:26 pm | Permalink

    Now probably isn’t the right time to elevate the opinion of commodities traders in Chicago to some sort of elite status.

  10. Posted March 10, 2009 at 6:40 pm | Permalink

    What does “fed on the kool-aid trough for too long mean?” We have a different opinion? I would never say that about someone that listens to Rush. They just have a different viewpoint.

    I do think Stewart is reasoned and insightful. I wish more broadcast journalists would ask the kinds of questions he does. He asks great questions to those he agrees with and those he doesn’t. Charlie Rose is the only better interviewer, IMHO.

  11. jerry
    Posted March 11, 2009 at 10:25 am | Permalink

    O.k., I’ll play. “Fed on the Kool-aid trough”.

    Stewart can be reasoned and insightful. In this case he wasn’t. It was nothing more than an attack ploy to protect the Obamanation.

    Kudlow (Republican), Cramer (Democrat) and Santelli (?) have all been very critical of the Obamanation for his ineptness of the financial mess. Stewart, through tricky editing mocks the CNBC staff showing them to be total buffoons.

    But are they? Have you spotted the misdirection yet? I’m ticked at the bankers. When you can always find individuals with differing opinions on how financials will perform, and with hindsight in your pocket make those people look like deranged idiots it does not change the fact they were LIED to, and we were lied to. Our investments go down the toilet because of blatant lies. Stewart is mocking Cramer’s interview with Bear Stearns CEO Alan Schwartz, who is now being investigated by the SEC for lying to the American public during that interview? What hilarity! That’s a knee slapper! Some of those edits went back to 2007. We ALL knew the economy was in the toilet then didn’t we?

    The Obamanation’s economic adviser, Warren Buffet, absolutely ripped Obama over his policies Monday evening. On CNBC. Seen much reporting on that? Didn’t think so.

    So in this bizarro-world scenario I find myself defending the media against attacks by the media while the media makes fun of the media.

    Waaaay too much kool-aid being consumed. Which means it’s about time for another Obama speech, in which we will spend another trillion or so on curing cancer, or turning lead into gold, or if I’m really lucky male pattern baldness. I refer to these speeches as “kool-aid communion”.

  12. ksfarmgrrl
    Posted March 11, 2009 at 3:15 pm | Permalink

    OMG, now I’m ROFLMAO!!!!!!!!!!!!!!!!!

    Obamanation?

    hehehe. HAHAHAHAHAHAHHA.

    NOW who’s drinking, er “feeding” at the koolaide trough?

    Kinda hard to take someone like that seriously….

  13. jerry
    Posted March 11, 2009 at 3:36 pm | Permalink

    First step is to admit your powerless over the Kool-aid…

  14. Bill Wilson
    Posted March 11, 2009 at 4:28 pm | Permalink

    Gosh, Jerry.

    If being lied to in an interview is a crime …

  15. frankiefurter
    Posted March 12, 2009 at 7:15 am | Permalink

    So Stewart was funny, but he was either stupid or intetionlly misleading by linking Semitelli to Wall Street.

    And Stewart is typically just reactionary left, so I guess we know where that puts you Bill Wilson.

    There are tea parties occuring all over the country. 15,000 people showed up in Long Beach, CA over the weekend.

    And what reaction did Stewart’s rant get except this blog post?

  16. jerry
    Posted March 12, 2009 at 9:16 am | Permalink

    Hi Bill,

    I could not begin to imagine how many times you and your co-horts have been lied to in interviews. It must be incredibly frustrating.

    It is most definitely a crime for a CEO to lie to their shareholders, and it is incredibly frustrating to me to see it continue without anyone throwing the book at those @#$-clowns.

  17. ksfarmgrrl
    Posted March 12, 2009 at 10:53 am | Permalink

    Oh good grief. Google “jon stewart + wall street” and see for yourself how much coverage this has gotten. All the major tv networks, msnbc, comedy central, cnn, fox, and yes, cnbc.

    Do you get out much?

    Stewart has been taking on not only santelli but jim cramer but cnbc as well. He’s taking on the whole financial news industry.

    Sounds like somebody is cranky from losing too much money. Maybe more red kookaide would make you feel better?

    And good god. In California they get more than people at PropHate, er 8 rallies than they do at these scattered “tea parties”.

    More like tea bagging parties…

  18. ksfarmgrrl
    Posted March 12, 2009 at 10:55 am | Permalink

    …and here’s Rick Santelli’s bio from CNBC. He may have been at the Merc, but he’s covering Wall Street now.

    http://www.cnbc.com/id/15837966

  19. jerry
    Posted March 12, 2009 at 11:33 am | Permalink

    Farmgirl: we can agree to disagree but that post is absolutely hilarious! Well done!

  20. frankiefurter
    Posted March 12, 2009 at 2:27 pm | Permalink

    Farm Girl, what’s yer point ?

    I think you are missing the overall issue here.

    Are you saying that the anti-CNBC angst trumps the anti-stimulus anger and angst?

    Give me a break!

    Give me a shout when Stewart organizes a big rally (regardless of the mainstream media coverage)

  21. ksfarmgrrl
    Posted March 12, 2009 at 2:56 pm | Permalink

    And you give me a shout when Cramer, Santelli and/or the T-bag rallies have a hit television show for more than ten years running. Ya know, like Jon Stewart.

  22. frankiefurter
    Posted March 12, 2009 at 3:09 pm | Permalink

    Ok, you obviously don’t get it.

    Compare O’Reilly ratings to Stewart?

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