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Thursday, March 12, 2009

Do You Have Cable?

Posted by on Thu, Mar 12, 2009 at 9:27 PM

If so, my east coast friends are telling me that tonight's Daily Show, which features a showdown between Jon Stewart and Jim Cramer, is not to be missed. Early reports indicate this is true, and Stewart gives Cramer a world-class drubbing.

There are only one or two days a year when I regret not having cable; this is one of them. I will be eagerly refreshing the Daily Show's home page until the video goes live. I have detested Jim Cramer for a very, very long time. I can't wait.

UPDATE: Here's a clip, although the full interview will be online tomorrow:

 

Comments (52) RSS

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1
You've got the internet? Watch it in the morning on Hulu.
Posted by seattle98104 on March 12, 2009 at 9:33 PM
2
Gawker has a bit of coverage up already--claiming it wasn't quite a knockout like with Tucker Carlson.

Stewart is too polite on his show, and Cramer played into it by being really profoundly contrite. Any other way, he must have known, his career was over.
Posted by Jonathan Golob on March 12, 2009 at 9:34 PM
3
Umm, torrents will be up any minute now, if not already. I will be watching it tonight. That's the fun of being on the west coast. You can even watch stuff before it comes on.
Posted by You you you you on March 12, 2009 at 9:35 PM
4
Yeah, like 1 said, it's usually available on Hulu or Comedy Central around 1 am Pacific time. I'm anxious to see this too. I may have to stay up just for that.

Stewart is one the most brutal commentators ever, and I love him for it.
Posted by Lee on March 12, 2009 at 9:36 PM
5
Note that the actual interview went long, and they cut out part of it to fit it into the alloted time. Apparently the full-length interview will be posted tomorrow on Comedy Central's site.
Posted by paul in kirkland on March 12, 2009 at 9:43 PM
6
Crooks & Liars has a clip:
http://crooksandliars.com/john-amato/jon…
Posted by Lee on March 12, 2009 at 10:01 PM
7
now i feel sorry for the smarmy egoiste. the assholes who engineered the derivatives are demonstrably worse people than cramer. madoff is worse.
Posted by Jesus Fucking Christ on March 12, 2009 at 10:03 PM
8
Having now watched the clip I linked to...

Wow. That was murder. I disagree with Golob's sources -- I think that was a deeper cut than than Stewart's appearance on Crossfire.
Posted by Lee on March 12, 2009 at 10:14 PM
9
Might want to read this before feeling sorry for Cramer: http://www.deepcapture.com/jim-cramer-is…
Posted by paul in kirkland on March 12, 2009 at 10:25 PM
10
It's great. I think Cramer's talking out his ass, but it's great.
Posted by idaho on March 12, 2009 at 10:38 PM
11
Ziiiiiiing!
Posted by fourfingersdown on March 12, 2009 at 10:42 PM
12
I mean, Stewart told Tucker Carlson that he was a dick. Which is, by the way, true. He never aired footage of Carlson admitting to having orgasms over committing stock market fraud.

These are strange times indeed.
Posted by Lee on March 12, 2009 at 10:42 PM
13
don't pay for cable. or a TV. it's on Hulu tomorrow for free with only one commercial.
Posted by PedestrianMe on March 12, 2009 at 10:43 PM
14
yes Hulu is legal
Posted by PedestrianMe on March 12, 2009 at 10:44 PM
15
He's trying to teach Cramer basic journalism.
Posted by idaho on March 12, 2009 at 10:44 PM
16
Don't care to watch this, but am watching the special warm-fuzzy reunion show of ER had a Stranger box in the background of a Seattle scene.
Posted by sloggerette on March 12, 2009 at 10:48 PM
17
It was bad... Bad enough that my roommate woke up halfway through the interview to say: "his career is over" (We live in a efficiency, assholes.) I assume she wasn't talking about Jon Stewart. Tucker Carlson never got it half this bad.
Posted by Mifflin & Bassett on March 12, 2009 at 10:55 PM
18
God, I love Jon Stewart. Not a new sentiment, I know, but I felt I needed to say it again.
Posted by Abby on March 12, 2009 at 10:57 PM
19
@Lee:

Thanks for the clip. This is the most ruthless I've ever seen Stewart while interviewing. It's hard to compare it to his Crossfire appearance because it was on his show this time. But damn.

Go Jon.
Posted by facet on March 12, 2009 at 11:00 PM
20
the intro alone was worth live-slogging.
Posted by jezbian on March 12, 2009 at 11:02 PM
21
I smell a well-earned Emmy. Or maybe it's just the cookie talking?
Posted by Pow! on March 12, 2009 at 11:03 PM
22
holy shit, he mops the floor with him. best part is after stewart plays a few clips of cramer advocate backdoor shenanigans -- "it's not a fucking game. i can't tell you how angry that makes. what it says to me is you all know.'" yes its a comedy show but boy, you can make a case for stewart being up there with brokaw and koppel in tv journalism. the news covers the globe, but who covers the news? the daily show does.
Posted by drew on March 12, 2009 at 11:03 PM
23
Cramer was an idiot for challenging Stewart in the first place. What's Stewart's demographic? 18-34 year olds? Those aren't the people eager for Cramer's advice. By complaining about being criticized, Cramer drew more attention to his incompetence than would have been possible had he just kept his trap shut.
Posted by keshmeshi on March 12, 2009 at 11:08 PM
24
@16 yeah i watched that and thoroughly enjoyed it too. ahhh if only julianna marguiles were indeed living here......a dyke can dream, can't she? (ever seen 'what's cooking'??? she plays a dyke who's together with kyra sedgwick...swoonful, i tell ya)
Posted by jezbian on March 12, 2009 at 11:09 PM
25
Did Leonard The Wonder Monkey come up?
Posted by biju on March 12, 2009 at 11:12 PM
26
This is making me cringe right now. I kind of feel sorry for him.
Posted by Tom on March 12, 2009 at 11:18 PM
27
is it me or is cramer's voice breaking? all i can think of is the episode of the brady bunch where peter's voice is changing...an initial youtubeing of it only produces

http://www.youtube.com/watch?v=8gFXE_k_i…

but it appears peter's (christopher knight's) voice is still doing it - :18-:20
Posted by jezbian on March 12, 2009 at 11:23 PM
28
oooh found it and several other gems:

http://www.youtube.com/watch?v=sn8VnHHT6…
Posted by jezbian on March 12, 2009 at 11:24 PM
29
Brilliant beyond belief. Stewart is saying to Cramer what someone needs to say to the entire graduating class of Harvard Business School for the last 20 years.
Posted by Tom Riley on March 12, 2009 at 11:24 PM
30
Stewart made the great point that all this short selling was done with people's retirement investments.
Posted by S on March 12, 2009 at 11:25 PM
31
argh finally got the actual scene...3rd time's a charm...

http://www.youtube.com/watch?v=DyooALwfx…

(i don't 'get' a lot of the economic stuff, but i can still appreciate the filleting)
Posted by jezbian on March 12, 2009 at 11:28 PM
32
Man, I don't like that guy Cramer but that was hard to watch. I thought he was about to cry.
Posted by Tom on March 12, 2009 at 11:29 PM
33
@22 - That was where I really was surprised. Stewart sounded furious when he said that.

I though he had a really good line of questioning in his comments on how everyday Americans capitalize this game that the high-level Wall Street folks play with their pensions and 401ks...
Posted by Julie in Eugene on March 12, 2009 at 11:39 PM
34
i am so glad he ripped him.

it parallels the regurgitators who couldn't understand why anyone could blame them for rah-rahing the build-up to the iraq war.

"but it's not my job to investigate! i just repeat what they tell me! it's not my fault!"

fuck you, cramer.

i hope you do lose your job and feel even 1/100th of what a lot of us are feeling right now. you are part of the problem.
Posted by chops on March 12, 2009 at 11:41 PM
35
(Please excuse grammer and spelling, typed on an iphone) There is absolutely nothing wrong with short selling and I 100% disagree with Cramer and his "on camera" plays to curb them. Shorting provides a very important aspect to financial markets and their are much more important issues to bring up in this interview then what was brought up. Instead of trying to break someone down from 3 years ago focus on the future. Maybe he should have asked him about the growth of the CDS market and the fact that the nominal value of outstanding CDS in this country in more then the asset values of the whole country. Things like this are what should be out in the public and be being discussed to try and educate the general public. Who cares about Cramer's show, its targeted at the financial world, and as someone from wall street I can say that a huge majority of people think the channel and Cramer is a joke anyways.
Posted by And Boom Goes the Dynamite on March 12, 2009 at 11:42 PM
36
Wow, that was brutal. Jon Stewart really is at his best when he's really angry and serious. Loved it. Not sure if it was as good/bad as the "Crossfire" appearance, because Tucker Carlson was such a douchebag and because that was the first time we really saw Stewart be that serious. I almost felt sorry for Cramer tonight, and he kept saying he agreed. He didn't fight back. But great episode.
Posted by Jo on March 12, 2009 at 11:56 PM
37
Holy shit. Stewart destroyed Cramer. I can't see his career lasting much longer now. A comedian just did what an entire industry of journalists couldn't.

When a court adviser argues with the court jester and loses, this tells us a lot about the state of affairs of the Kingdom.
Posted by Sean on March 12, 2009 at 11:59 PM
38
Outstanding.

I didn't think I could love Jon Stewart more today than yesterday, but I do. Thank you, Jon, for saying what needed to be said.

And yes ... it was very uncomfortable at the same time.
Posted by mr. herriman on March 13, 2009 at 12:00 AM
39
This was a huge disappointment at least from what was shown in this clip. There could have been so much more done. I give Cramer an F for his boring performance and I give Jon Stewart a D- for not really bringing up anything that matters.

At least the Syracuse-Uconn game provided us with one of the greatest college basketball games ever to make things better.
Posted by Bloomberg TV for life on March 13, 2009 at 12:20 AM
Posted by a on March 13, 2009 at 12:37 AM
41
Short sell snake oil in Euros!
Posted by Zander on March 13, 2009 at 12:42 AM
42
Where the fuck would we be without Jon Stewart? We would be lost!
Posted by matt! on March 13, 2009 at 12:56 AM
43
Stewart is making a good point but Cramer is not who he should be making it to.
The clips are 3 years old.
On his show every night Cramer is very upfront about everything that Stewart brought up. He rips shorting and will never recommend it or ETFs that short. He is upfront when he makes a mistake.
Cramer has been a voice in the wilderness for months calling for reforms.
Again, Stewart made good (and obvious) points but Cramer is not the villian.
I don't think this will hurt Cramer, his fans know what he represents and that wasn't damaged here (plus a lot of people find Stewart an insufferable ass)
Posted by oh, btw, being a smartass is not journalism on March 13, 2009 at 6:22 AM
44
Wow. There was a moment there where I actually thought Cramer was giong to cry.

The depressing part here is that this massacre isn't going to make a bit of difference.
Posted by Judah on March 13, 2009 at 9:00 AM
45
Yeah, as much as I like Jon Stewart, Cramer isn't really at fault here. Jon Ranted about the 'system' to a mere reporter, and expected the reporter to make counterpoints or defend what has happened over the last year. He can't, but more importantly, he didn't need to because it's NOT HIS FAULT.
It'd be like arguing with a press reporter about the Bush administration. It makes sense to say 'why won't you ask the tough questions?' But blaming them for the policies themselves, that's not accurate and way over the top. I get that Cramer helped build the phenomenon of 'day traders' and the like, but as he said, that was over the last 7 years when those people were making money, and lots of it. He helped encourage them into a market that he had no idea would one day become a trap.
This is scapegoating, and while Stewart was on game, he was ranting to the wrong guy. Why wasn't he like this with Jon Bolton?
Posted by You you you you on March 13, 2009 at 9:09 AM
46
he was the right guy.

he was part of the problem. and then he (or CNBC) chose to be the one to take jon to task. he was a good choice because he wasn't the worst of them; cramer was no santelli.

but by going on stewart's show, cramer was defending himself, CNBC, and Rick santelli. in that way, he was the right guy.

and in that way, cramer actually won a little bit.

santelli nor CNBC had to apologize, or change. and the "news item" was reduced to a celebrity feud, or what some like to call: entertainment.

Posted by infrequent on March 13, 2009 at 9:18 AM
47 Comment Pulled (OffTopic) Comment Policy
48
When he steps off his nationally televised pedestal, Jon Stewart is an unpleasant homophobe. Invest a touch of research into it.
Posted by Dr. Almond on March 13, 2009 at 10:29 AM
49
@48 I did and found nothing. Care to elaborate?
Posted by hartiepie on March 13, 2009 at 10:35 AM
50
@48: Totally. I heard he's really anti-semetic too. Have you heard the way he makes fun of Lieberman? It's one Jewish stereotype after another.
Posted by no really on March 13, 2009 at 1:24 PM
51
@48: Um, correct me if I'm wrong, but didn't Jon Stewart make one of the best, most articulate and passionate cases for gay marriage in the mainstream media during the 2008 election season?

I think you might just be a dick.
Posted by Paul Constant on March 13, 2009 at 3:55 PM
52
he makes fun of leiberman for being a whiny douche because lieberman IS a whiny douche. he pokes fun at himself for his own jewishness all the time. did you forget that he's jewish, too?
Posted by mr. herriman on March 14, 2009 at 2:56 PM

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