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| Cramer vs. Stewart; Shootout @ Comedy Central | |
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| Topic Started: Mar 16 2009, 01:35 PM (421 Views) | |
| Steve Wilson | Mar 16 2009, 01:35 PM Post #1 |
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The promo shot of Mad Money's Jim Cramer on the CNBC web site shows Cramer sleeves rolled up, apparently shouting and an arm up in the air as if he were getting ready to engage in battle. That's what he did last week on The Daily Show with Jon Stewart, but Cramer was hardly prepared for battle. It was a one-way fight and an embarrassing one for Cramer. Cramer engaged in a fight he should have never have gotten into and once there, wasn't ready for it. Daily Show 1, Mad Money 0. With all the advance publicity in USA Today, New York Times, etc., you'd think it was a fight for the UFC Championship. As it turned out, it was a shootout at the Comedy Central Corral. Home team advantage. Home team wins. What did Cramer do wrong? The question might be, what did he do right? When Stewart first started taking pot shots @ CNBC, Cramer probably should have let it pass. If you've ever watched the Daily Show, Stewart takes pot shots at everyone. When Cramer started taking it seriously, so did Stewart. As Cramer elevated the fight with appearances on the Today Show, MSNBC and even Martha Stewart, the fight just got uglier. And finally, when he went face to face with the very-prepared Stewart, there was no match. Cramer, as one viewer described, looked like a whipped dog with his tail between his legs. If there is anything to learn from this story it is watch who you pick fights with. Know your enemy (or talk show host) and be prepared. |
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| Kenya Huron | Mar 16 2009, 02:36 PM Post #2 |
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I think it speaks volumes that a comedy show created to spoof the news is now more respected, more watched and less bias than most of the mainstream media. |
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| MDeary | Mar 17 2009, 05:24 PM Post #3 |
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Was it just me, or did it seem that Jon Stewart was breaking a story on how the "mainstream media" dropped the ball on covering the national economic crisis? Shouldn't that have appeared on say something like 60 Minutes, the New York Times, or even CNBC? The problem with Jim Cramer - a former newspaper reporter as well as a hedge fund manager - is that when he rubbed shoulders with the CEOs of the big corporations and interviewed them, he believed them. Stewart, on the other hand, handled his interview with Cramer more like a reporter. He obviously wasn't taking anything at face value. No wonder more and more people say they are getting their news off of the Daily Show. |
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