"Oh, no pics. To simulate the skiing today, walk out your door, grab a handful of snow, and throw it in your face. Repeat as necessary.
If you don't have snow outside your door, what the fuck are you living there for?"
-Bum Z 1/30/08
Couldnt agree more. Caveat f*cking emptor. If you need to find stock advice from a guy on TV, then be prepared to deal with the consequences related to losing all of your $ quickly. The same can be said for Stewart - if you watch the Daily Show to formulate political thoughts, be prepared to have a very one-sided, non-objective and mildly snarky mindset.
Punchline - Do you own research, think your own thoughts, be your own person.....and be the ball.
Last edited by Hong Jong Fuey; 03-13-2009 at 12:36 PM.
your are nothing more than a puwnage little bitch ass-to-mouth... 395 FIC0 ......Harvard my ass KOOK!
"Do you have any idea what the street value of this mountain is" -Charles DeMar
Never argue with an idiot..They always drag you down to their level and beat you with experience
He briefly suggested that and even if he wasn't simply misspeaking, he was at most suggesting implicit collusion, rather than anything explicit. That is not the thrust of his criticism of CNBC.
??? Some bitch fight between Cramer and Jon Stewart isn't the point here. Right?
I think this is the crux of Stewart's criticism: he shouldn't be. Comedy is entertainment. News shouldn't be. I haven't watched Cramer more than a handful of times for a few minutes or so. He's an obvious blowhard (which is not to say he doesn't actually have a great deal of knowledge of the financial world and, perhaps, even some insight) and I agree that anyone making investment decisions based on his advice at the very least shares significant culpability if things don't turn out as he "promised." Stewart's point, though, just as it was with his Crossfire criticism, is that a) these guys sell themselves as being more than that, and b) they should be more than that. Cramer is an easy one to dismiss, but there are others who appear far more sober who may well not be doing any better job of providing good financial news (including investigative reporting).
Last edited by woodstocksez; 03-13-2009 at 03:50 PM. Reason: "b" comes after "a," not "be"
This is a very good point - one in which Stewart is guilty of as well. Its easy and convenient for Stewart to sit behind the fact that his show is on Comedy Central and is meant to poke fun at the political process as a whole. But when he challenges political commentators (Crossfire) and "financial gurus" (Cramer) by going on their shows and calling them hacks, doesnt that mean he is now selling himself as more than a comedian? Seems like he walks and often crosses over the fine line between being a political comedian (whose show I watch for the comedic value) and a bit of an activist/political commentator.
I totally agree. He's become a bit self important. He's very funny as the comedian, but when he starts to get preachy, I tune him out.
H. Jong F. speaks the truth. I take the show with a grain of salt, watch it for entertainment and the occasional pwnage by an admittedly funny and smart individual. But to engage in a legitimate financial/political discussion with someone whom you are tacitly chastising for their entertainment spin on serious issues, when you are doing the same, is cowardice, self-serving and apparently bullet-proof.
Yes, at that time.
True. As others have noted, he sometimes (maybe always) looks to hide behind a bulletproof status as a comedian. He's not just that (and when he attempts to be serious, then he needs to stand up and be serious), but I don't think he has quite the obligations that I'd put on Cramer or the Crossfire guys.
Last edited by woodstocksez; 03-13-2009 at 04:22 PM. Reason: Added signature (first ever!)
I clearly need to take Eddie Murphy to task for implying I dance with my ass all scrunched up.
Jesus Christ - we're going to hold comedians to a higher standard than News programs? Are you fucking kidding me? Stewart et al. would be the first to say "call bullshit on me." Cramer and his ilk get a show that purports to be serious - a true reflection of what's going on n the Hallowed halls of the Trading companies and on the floor of the exchanges. It's nice that the traders and insiders don't take him seriously, but hundreds of thousands of normal people do... with their own fucking money.
Sometimes I think you guys are some of the smartest people on the web, other times I wonder if you were shaken as babies.
Have you watched the show? With all the stunts, noisemakers etc I think its a far cry from serious. He is an entertainer that has for better or worse gotten a number of people who otherwise wouldn't be interested in the equity markets. And as has been said before if your stock research consists of only listening to Cramer's show then you deserve exactly what you get.
Last edited by Missing Sock; 03-13-2009 at 04:26 PM.
Really, anybody who dares to question Supreme Ruler Obama should go to prison or at least a re-education camp. Or maybe a Gulag.
That's the point. No one should hold a comedian to a higher standard then News programs. If Carrottop wants to whack off on stage with a blender, I'll laugh (and then puke) but certaintly wont hold him to a higher standard then the White House press corps. My problem with Stewart is that he is not always acting as a comedian (even though he bills himself as one). His show is certaintly funny and I get a lot of yucks from watching it, but when he gets on top of his throne and preaches to "hacks" like Cramer, Steele, and Tucker Carlson he turns from comedian to political commentator. Thats when his show stops being funny and starts turning into a bit of a diatribe against whatever "establishment" he feels like ranting against.
If you dont bail them out, the global economy and financial system fails. I hate it. I hate that fact because there should be nothing but poverty for the AIG execs and the shareholders that let them do this. They own the company- in good times and bad. But at this point, if those institutions fail, banking and the economies of countries across the globe fail. Noone trades. Companies cant get financing or cash to make goods or perform services and profit, thereby going out of business themselves. It wouldnt just be AIG and Citi, but just about every company out there. Huge job losses. Remember when Lehman failed? This would dwarf that many many times over. And that sucks.
Another point...These shows all have people giving well-informed opinions on things. They know how markets work, for the most part. But this isnt an exact science. The best portfolio managers are right maybe 60% of the time. Thats enough to tilt the odds and make money. Of course Cramer and every other person on CNBC are going to be wrong as often as theyre going to be right. A dog can pick stocks- an index can pick stocks (and do very well). I feel like theres an expectation that because youre an "expert" that youre infallible- certainly not the case. You never know for sure whats going to happen with a particular stock or market, only what you think will happen.
[/longwinded]
Decisions Decisions
Hong Jong Fuey is the coolest name ever. I really wish I would have come up with that.
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Why did you kill off Kroda for Vlad?
Was Kroda holding you back?
Forum Cross Pollinator, gratuitously strident
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