Saturday, March 14, 2009

stewart exposes cramer, cnbc



i don't want to spend a lot of time talking about the jon stewart versus jim cramer thing but i do just want to say a few things along with encouraging everyone to watch the video.

CNBC along with virtually every mainstream media show offering so-called financial advice is nothing more than a vehicle for the super wealthy and corporate entities to disseminate their agenda to the masses and/or middle class. if you want to be a responsible adult in our society you cannot rely on regular news sources for information. you must go to alternet or tmp. you must seek out the opinions of doctor marc faber or noam chomsky but never, ever consider the supposed insights of a guy like jim cramer to be anything more than the purchased message of corporate america.

the header includes a direct link to the comedy central website where you can see jon stewart do what journalists in this country seem unwilling to do which is to expose a shill. (also note when jim cramer talks about how investors willing to gamble on hedge funds and derivatives made 30% yearly from '99 to '07. then next time you hear someone try to blame the financial crisis on poor people qualifying for mortgages instead of pointing at the deregulation of '99 which led to credit default swaps just file them away as jim cramers and never give them a second thought. ever.)

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