Thursday, March 12, 2009

Jim Cramer Turtles Before Jon Stewart

I'm not much of a Daily Show fan but with all the hype surrounding the row between Jon Stewart and Jim Cramer I decided to watch the show tonight.

Cramer should not have gone on the air with him. He barely attempted even put up a fight. He turtled before Stewart. When someone calls you out (especially on national television) you've got to stand up for yourself and not apologize unless you've committed a crime. Cramer got Bear Stearns wrong but being wrong doesn't make you a white collar criminal.

The only reason Cramer got the ire of Stewart was because Cramer had the gall to criticize President Obama. If Cramer hadn't criticized Obama he wouldn't have merited a measurement on Stewart's Richter scale.

This isn't to say that Stewart's skewering of Cramer isn't valid. But where is his outrage with Barney Frank and Christopher Dodd?

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