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Not that there's not a lot to criticize regarding CNBC, but Stewart was way off the mark on this one.
Cramer, of course, is a ranting idiot whose positions swing back and forth like a pendulum. So, he makes an easy target. But, much of this was an attempt to smear the network with the statements of its guests. And, the suggestion that Santelli supported bank bailouts, is demonstrably false.
I'd take CNBC over their counterpart, the Wuss Network, MSNBC, any day of the week.
Wow, all hope, trust, laws and decency are lost. My apt. complex advertises my unit at 910 sq ft. I just measured it and it is in fact 680 sq ft. WTF!!
That's just a load of BS. Santelli was speaking out against the bailouts long ago. Sure he didn't blow up like he did over the housing bailouts but you could see the housing bailouts as the "straw that broke the camel's back".
These idiotic Obama worshipping lefty's have no freaking idea what is coming to them with this financial collapse. Obama and the governments outrageous spending habits are driving us off a cliff at 100mph.
Oh yes, it's easy to lampoon somebody who has the balls to speak out but how anybody can defend this totally reckless level of government spending and expansion is beyond me.
Welcome to the United Socialist States of America, Jon Stewart. Pretty soon you will just be another part of the State's propaganda apparatus, USSR style.
That's just a load of BS. Santelli was speaking out against the bailouts long ago. Sure he didn't blow up like he did over the housing bailouts but you could see the housing bailouts as the "straw that broke the camel's back".
These idiotic Obama worshipping lefty's have no freaking idea what is coming to them with this financial collapse. Obama and the governments outrageous spending habits are driving us off a cliff at 100mph.
Oh yes, it's easy to lampoon somebody who has the balls to speak out but how anybody can defend this totally reckless level of government spending and expansion is beyond me.
Welcome to the United Socialist States of America, Jon Stewart. Pretty soon you will just be another part of the State's propaganda apparatus, USSR style.
it's a good funny summary of the conflict of interest at CNBC, but Santelli would not approve of any of these bailouts, so Stewart wrongly accuses him of a double standard here...it's also obvious Stewart is in love with himself
Jon Stewart, another fake ultraliberal millionaire who fakes empathy to the lower class. Just don't move poor Mexicans or blacks next to their mansions because they'll move away fast. The same formula applied: Mind control on young Gen Y retards to get higher ratings that translate into his rich paycheck.
Whatever on TV is controlled, manipulated, and used as mind control of stupid masses.
I'm so old, I can remember when The Daily Show was funny.
They had this great idea of being "fake news" and making people laugh at how serious people in the media take themselves. "When news breaks, We fix it."
Now they see themselves as fighting the good fight against the republicans. John stewart uses the show to preach to everyone day after day, week after week.
I wonder if John Stewart will replay Obama's advice to Americans "profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."
that statement could be comedy gold if the dow breaks 6000.
American Idol + American Polotic s= John Stewart. John Stewart is a great bull shitter, I will give him that. But am I the only one that sees a problem with his whole spin on things. The guy had to do a political show on the comedy channel. Now people who know nothing more about what is going on other than Obmass has some gray hair and Michelle is picking out a dog for the White House can say they acctually learned something today after watching this idiot.
Let me give you an example of how Stewart's thought process works.
Example: Even though the earth is twice the size of the moon it is still farther away.
Now I am not defending CNBC here so do not come to that conclusion. But in this video watch how he justified making Santelli look bad by quickly showing the other fucktards on CNBC. Stewart was not able to discredit Santelli directly but was very able to discredit CNBC and that would ultimatly discredit santelli. It flowed nice but didn't really make much sense.
Further more Stewart seemed like he was leaning torward justifying that homeowners get "bailed out" because the banks got a bailout.
2 f'n wrongs do not make a right, oh unless you live in the US now where contract law, or most of the other laws for that matter, don't have any credibilty any more.
Here Keith. I have found the last few days here a little boring. Here is a great topic for discusion. Barney Frank "wants to push for prosecution of the people who caused the country's financial meltdown."
That's where Stewart and the rest like this will be very, very surprised - their "nest eggs" will suffer as well - it's just a matter of time.
Keep in mind that many of this people have large lifestyles, along with plenty of debt as well.
xxxooo said... Jon Stewart is a putz. His head is up his a$$. He talks like a populist but doesn't tell ya how much he's making when everyone else is hurting.
His nest egg is safe so he can make fun of others.
CNBC should be taken out and shot. I am convinced they are the reason why so many retail investors have lost and pulled out of the market. They cheer stocks at the peak and bring on all these loosers who are time after time wrong. I wonder how many people has cramer caused to loose their life savings? Those guys on fast money should be investigated.
I can't believe how many anonymi want to lick CNBC's balls. Stewart's piece was brillant. So what if he had to bend some quotes to fit into his premise. The basic point was totally valid. Not one of those wisdom dispening yorkels were pointing out the Emperor's nudity until it was impossible not so see the junk flapping in your face.
CNBC is full of market cheerleaders who have a vested interestin whatever crap they are peddling. I'd like one person to tell me they made money watching Cramer, Kudlow,etc.
Full disclosure: I watch CNBC everyday and would never say anything bad about Becky Quick.
p.s. Somebody said Santelli was against the bank bailout and railed about that as well. May be true but where's your evidence for that?
p.p.s As a bitterrenter since 02, I say to Mr. and Mrs, "too much(now underwater) homebuyer," to hand over your keys and come back home. I sure as fu*k don't want to see you get a gift at the expense of responsible folks who didn't drink the koolaid.
Santelli has been against all the bailouts be it for a bank, AIG, or homedebtors. He went so far one morning to actually walk off camera to get away from the crap the Steve Liesman was peddling.
I can remember when the Daily Show was funny, too. Somewhere along the way Jon Stewart and others started taking him seriously.
I used to laugh at Chevy Chase imitating a bumbling Gerald Ford. Even Dennis Miller's Weekend Update cracked me up sometimes.
Now we have smug humor. It just isn't funny. It reeks of insecurity and oneupmanship.
Although all generations are practicing smug humor, it reminds me the most of observing the Boomers when I started working FT 20 years ago. They were the types of people that thought it was funny that a mechanic has dirty hands. It was juvenile and hinted at emotional retardation, not to mention being pompous.
Most of you are missing the point. Stewart wasn't saying that Santelli was hypocrite for being against the mortgage bailout because he was for the bank bailouts.
Stewart very effectively made the point that Santelli is a hypocrite because he called mortgage gamblers "losers" for naively taking excessive risks, while Santelli works for a network full of losers who got the markets completely wrong and consistently gave out hideously bad advice because they are nothing more than cheerleaders for their corporate masters.
West Coast, it's not that there's any respect for CNBC here. It's that the theme of the piece was to minimize Santelli. That even pissed off Stewart fans here.
"History said... Over all, Jon Stewart gets an A+"
You tell that his guy (probably in college and has never held a real job) has never posted to this blog before and probably found it by googling "Jon Stewart" because he worships the guys underwear.
The Daily Show was kind of fun when we had supervillains in the White House. I haven't watched much recently, but haven't seen any indication that he's done much but suck up to the new administration. CNBC might deserve all the grief he gave them, but I don't see any clip of Santelli speaking in favor of the bank bailouts. That's a cheap shot to imply that he did. And you know DS staffers were digging for it. I think it was Turd Blossom who just wrote an editorial pointing out Obama's overuse of strawmen. Stewart's implication is in the same vein.
CNBC sucks. They have no usable news at all, and their little snippets about how to profit on this or that are all worthless. News shows have their agenda's and their own brand of shit to sell. All news show blowhards can go blow their agendas out their asses. Jon Stewart and Steven Colbert provide more substance than any legit news program. Any body who thinks otherwise, obviously believes that news anchormen/women are giving unbiased looks at the world and that after watching them they are better "educated" about the world in which we live.
CNBC are a bunch of cheerleaders, and now they are on the air, ripping at Obama every chance they get. So much for fifth estate function...gotta shrug.Where were they when this was all building up???.it's entertainment while the numbers run on screen, in some ways, not that different from Fox..
CNBC is bad? Yes it is. And how is Comedy Central doing? For starters, Comedy Central is so far up Obama’s ass, Stewart and Colbert can read his teleprompter. They had decent writers before the strike. Now both of them read scripts every night that sound like something written by a stoned twelve year old.
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55 comments:
Over all, Jon Stewart gets an A+
Not that there's not a lot to criticize regarding CNBC, but Stewart was way off the mark on this one.
Cramer, of course, is a ranting idiot whose positions swing back and forth like a pendulum. So, he makes an easy target. But, much of this was an attempt to smear the network with the statements of its guests. And, the suggestion that Santelli supported bank bailouts, is demonstrably false.
I'd take CNBC over their counterpart, the Wuss Network, MSNBC, any day of the week.
Awesome Keith... its a shame a basic cable comedy show has to be the one with the balls to call these idiots out on this!!!!
It was funny until they messed with sweet, sweet Maria.
check out the full episode with Jon's interview with Joe Nocera. Pretty well said by Jon. I wish he had done this sooner but hey, it is a comedy show.
Citi is now a penny stock. Yawn. What took so long?
Are those stretch marks around it's mouth. Typical MSM returd servicing comrade Obammy.
Despite what else happens on CNBC, Santelli's rant was well justified. Homedebtors are dumbasses. They still don't deserve a bailout.
My God in Heaven John Stewart is a reactionary As-Sweep-Ay.
Jon Steward is by far not the biggest "Dick Head". Keith Oberman/ Chris Mathews and the manly woman are on the Top of working the propaganda machine.
Jon is just a simple jerk no more no less. If cnbc was a village he would be the village idiot.
Discussing the REAL problems with these morons is not worth my energy.
Wow, all hope, trust, laws and decency are lost. My apt. complex advertises my unit at 910 sq ft. I just measured it and it is in fact 680 sq ft. WTF!!
Love it. So true.
Sad that our humor shows tell the truth more than the media.
That's just a load of BS. Santelli was speaking out against the bailouts long ago. Sure he didn't blow up like he did over the housing bailouts but you could see the housing bailouts as the "straw that broke the camel's back".
These idiotic Obama worshipping lefty's have no freaking idea what is coming to them with this financial collapse. Obama and the governments outrageous spending habits are driving us off a cliff at 100mph.
Oh yes, it's easy to lampoon somebody who has the balls to speak out but how anybody can defend this totally reckless level of government spending and expansion is beyond me.
Welcome to the United Socialist States of America, Jon Stewart. Pretty soon you will just be another part of the State's propaganda apparatus, USSR style.
Hell, maybe you already are.
-Gonzo
That's just a load of BS. Santelli was speaking out against the bailouts long ago. Sure he didn't blow up like he did over the housing bailouts but you could see the housing bailouts as the "straw that broke the camel's back".
These idiotic Obama worshipping lefty's have no freaking idea what is coming to them with this financial collapse. Obama and the governments outrageous spending habits are driving us off a cliff at 100mph.
Oh yes, it's easy to lampoon somebody who has the balls to speak out but how anybody can defend this totally reckless level of government spending and expansion is beyond me.
Welcome to the United Socialist States of America, Jon Stewart. Pretty soon you will just be another part of the State's propaganda apparatus, USSR style.
Hell, maybe you already are.
-Gonzo
it's a good funny summary of the conflict of interest at CNBC, but Santelli would not approve of any of these bailouts, so Stewart wrongly accuses him of a double standard here...it's also obvious Stewart is in love with himself
Stewart, Colbert, and Olberman are all hatchet men for Obama.
Many fools actually think that theya re news men.
Jon Stewart is a putz. His head is up his a$$. He talks like a populist but doesn't tell ya how much he's making when everyone else is hurting.
His nest egg is safe so he can make fun of others.
Great, The real news is on Comedy Central.
Jon Stewart, another fake ultraliberal millionaire who fakes empathy to the lower class. Just don't move poor Mexicans or blacks next to their mansions because they'll move away fast. The same formula applied: Mind control on young Gen Y retards to get higher ratings that translate into his rich paycheck.
Whatever on TV is controlled, manipulated, and used as mind control of stupid masses.
AMEN! NOW EVERYONE BUCKLE UP FOR THE NEW GREAT DEPRESSION!
I'm so old, I can remember when The Daily Show was funny.
They had this great idea of being "fake news" and making people laugh at how serious people in the media take themselves. "When news breaks, We fix it."
Now they see themselves as fighting the good fight against the republicans. John stewart uses the show to preach to everyone day after day, week after week.
They lost their funny.
When does the hit team get to Cramer?
It appears to me he is a one-man asset wrecking machine and is simply never correct with anything.
CNBC is what it is. Go Figure.
Up Next, Former homeless waitress Suze Orman on how to Buy and Hold for long-term wealth accumulation.
then, Frankenstein monster look alike Maria up with Botox tips of the week...
You Gets what you pays for...
I wonder if John Stewart will replay Obama's advice to Americans "profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."
that statement could be comedy gold if the dow breaks 6000.
In the long-term we are all dead.
So Obama's all tied in knots about the foreclosure issue.
I think he needs to accept that it's this easy, You can't stop the foreclosure wave without devalueing the currency. There's no way around this fact.
Way to go Jon! Those smug MSM types can't hold a candle to your smug comedic wit!
American Idol + American Polotic s= John Stewart. John Stewart is a great bull shitter, I will give him that. But am I the only one that sees a problem with his whole spin on things. The guy had to do a political show on the comedy channel. Now people who know nothing more about what is going on other than Obmass has some gray hair and Michelle is picking out a dog for the White House can say they acctually learned something today after watching this idiot.
Let me give you an example of how Stewart's thought process works.
Example: Even though the earth is twice the size of the moon it is still farther away.
Now I am not defending CNBC here so do not come to that conclusion. But in this video watch how he justified making Santelli look bad by quickly showing the other fucktards on CNBC. Stewart was not able to discredit Santelli directly but was very able to discredit CNBC and that would ultimatly discredit santelli. It flowed nice but didn't really make much sense.
Further more Stewart seemed like he was leaning torward justifying that homeowners get "bailed out" because the banks got a bailout.
2 f'n wrongs do not make a right, oh unless you live in the US now where contract law, or most of the other laws for that matter, don't have any credibilty any more.
Got ammo? Got a sharpie to write some names?
Here Keith. I have found the last few days here a little boring. Here is a great topic for discusion. Barney Frank "wants to push for prosecution of the people who caused the country's financial meltdown."
http://www.cnbc.com/id/29532023
I used ot like Stewart, I thought he was an honest broker. Now it is clear that he is just a Democrat.
Actually, any "bail-out" for house debters will be very small for those who can actually qualify - it's such a mess.
While they're figuring out how to modify these mortgages, the value of houses will continue to plummet.
Now, with Citi Group near collapse, we'll see more unemployment witthin the banking sector.
It's just a matter of time before the entire economic and financial systems come to a halt.
We're not producing anything viable any longer in this country, so we have no direction to go but further into the toilet.
That's where Stewart and the rest like this will be very, very surprised - their "nest eggs" will suffer as well - it's just a matter of time.
Keep in mind that many of this people have large lifestyles, along with plenty of debt as well.
xxxooo said...
Jon Stewart is a putz. His head is up his a$$. He talks like a populist but doesn't tell ya how much he's making when everyone else is hurting.
His nest egg is safe so he can make fun of others.
Wana watch something funny?
How Obama Got Elected... Interviews With Obama Voters
Oooobaaaamy!
Gimme Cheese.
wow. No Stewart fans here. Time to go bye.
Isn't it amazing the way the herd of fucktards laugh along with delusions they've got a clue how the world works.
I see dumb people. They don't even know that they're dumb!
CNBC should be taken out and shot. I am convinced they are the reason why so many retail investors have lost and pulled out of the market. They cheer stocks at the peak and bring on all these loosers who are time after time wrong. I wonder how many people has cramer caused to loose their life savings? Those guys on fast money should be investigated.
I can't believe how many anonymi want to lick CNBC's balls. Stewart's piece was brillant. So what if he had to bend some quotes to fit into his premise. The basic point was totally valid. Not one of those wisdom dispening yorkels were pointing out the Emperor's nudity until it was impossible not so see the junk flapping in your face.
CNBC is full of market cheerleaders who have a vested interestin whatever crap they are peddling. I'd like one person to tell me they made money watching Cramer, Kudlow,etc.
Full disclosure: I watch CNBC everyday and would never say anything bad about Becky Quick.
p.s. Somebody said Santelli was against the bank bailout and railed about that as well. May be true but where's your evidence for that?
p.p.s As a bitterrenter since 02, I say to Mr. and Mrs, "too much(now underwater) homebuyer," to hand over your keys and come back home. I sure as fu*k don't want to see you get a gift at the expense of responsible folks who didn't drink the koolaid.
Santelli has been against all the bailouts be it for a bank, AIG, or homedebtors. He went so far one morning to actually walk off camera to get away from the crap the Steve Liesman was peddling.
born to lose:
I can remember when the Daily Show was funny, too. Somewhere along the way Jon Stewart and others started taking him seriously.
I used to laugh at Chevy Chase imitating a bumbling Gerald Ford. Even Dennis Miller's Weekend Update cracked me up sometimes.
Now we have smug humor. It just isn't funny. It reeks of insecurity and oneupmanship.
Although all generations are practicing smug humor, it reminds me the most of observing the Boomers when I started working FT 20 years ago. They were the types of people that thought it was funny that a mechanic has dirty hands. It was juvenile and hinted at emotional retardation, not to mention being pompous.
JMHO
Here is the link where he rails against the original TARP plan.
http://vodpod.com/watch/1377927-rick-santelli-objects-to-rushed-tarp-on-92608
LOL.
Unfortunately this is just temporary relief. We are all just standing around watching the place burn down around us.
Most of you are missing the point. Stewart wasn't saying that Santelli was hypocrite for being against the mortgage bailout because he was for the bank bailouts.
Stewart very effectively made the point that Santelli is a hypocrite because he called mortgage gamblers "losers" for naively taking excessive risks, while Santelli works for a network full of losers who got the markets completely wrong and consistently gave out hideously bad advice because they are nothing more than cheerleaders for their corporate masters.
West Coast, it's not that there's any respect for CNBC here. It's that the theme of the piece was to minimize Santelli. That even pissed off Stewart fans here.
Are you awake?
I love this shit!! One of the best clips I've seen in a while!!!!
We need a lot more of this..
That was priceless. CNBC deserves every bit of it. He shouldn't make fun of Santelli, his outburst was right on target.
Jon Stewart is the only guy with integrity on air. There's that word again.
Hey "Experts" -- STFU!
None - None - None of you can fix this fiasco.
None.
"History said...
Over all, Jon Stewart gets an A+"
You tell that his guy (probably in college and has never held a real job) has never posted to this blog before and probably found it by googling "Jon Stewart" because he worships the guys underwear.
The Daily Show was kind of fun when we had supervillains in the White House. I haven't watched much recently, but haven't seen any indication that he's done much but suck up to the new administration. CNBC might deserve all the grief he gave them, but I don't see any clip of Santelli speaking in favor of the bank bailouts. That's a cheap shot to imply that he did. And you know DS staffers were digging for it. I think it was Turd Blossom who just wrote an editorial pointing out Obama's overuse of strawmen. Stewart's implication is in the same vein.
CNBC sucks. They have no usable news at all, and their little snippets about how to profit on this or that are all worthless. News shows have their agenda's and their own brand of shit to sell. All news show blowhards can go blow their agendas out their asses. Jon Stewart and Steven Colbert provide more substance than any legit news program. Any body who thinks otherwise, obviously believes that news anchormen/women are giving unbiased looks at the world and that after watching them they are better "educated" about the world in which we live.
Nevada Burning
Turns out Jon Stewart was just angry at Santelli for cancelling his appearance on the show. Hosts REALLY hate that!
CNBC are a bunch of cheerleaders, and now they are on the air, ripping at Obama every chance they get. So much for fifth estate function...gotta shrug.Where were they when this was all building up???.it's entertainment while the numbers run on screen, in some ways, not that different from Fox..
CNBC is bad? Yes it is. And how is Comedy Central doing? For starters, Comedy Central is so far up Obama’s ass, Stewart and Colbert can read his teleprompter. They had decent writers before the strike. Now both of them read scripts every night that sound like something written by a stoned twelve year old.
NO ONE DESERVES A "BAILOUT" YOU LOSE, THATS IT.
Jon Stewart is an asinine hypocrite.
'Nuff said.
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