Cramer vs. Stewart still a hot topic

I think Jon Stewart is a day late and a dollar short. I think Cramer is a typical television show guru and typical stock picker. The majority of the media gurus are wrong at least more than they are right. The market is more about law of percentages than it is about stock picking anyway. The market operates in such a way that most people don't know the direction of stocks. They buy stocks with stop loss orders or put protection. The oil they sell on TV is to try and fool people into believing that these “guru’s” have some secret that is written in their book. It is the same reason people are willing to hand their entire fortunes over to a mutual fund manager and hope they get 8% return without having to figure out how the market really works. Picking a well known figure to tear down is more of a publicity stunt than some type of constructive "comedy"

Jon Stewart beats up Cramer but misses the mark

I have to admit it was nice to see someone call Cramer to the carpet after his two years of delusional stock picking. The funniest part of the Stewart rant is that it is after Cramer and CNBC, along with other pundits and networks, have contributed greatly to the destruction of trillions of dollars of capital. I find it hard to believe people are not calling Stewart on his late arrival to the party. CNBC has promoted Cramer like he was the messiah for years. They believe that making disclosures for viewers to not take his advice gives them the right to put such a character on national television. If Stewart and a few other reporters would have been on the offensive before the majority of people lost 50% or more of their 401 K accounts, it might have actually helped the situation. Now the vitriol anger just makes for great you tube clips.

Cramer vs. Stewart

Jon Stewart took Cramer to task on the Daily show. For some reason he felt it was time to give say his piece about the credit cruncn but it seems like it should have been last year's news.

Cramer is full of it but where was the "investigative Reporting" of the daily show a year ago? Why wasn't he calling out Cramer back then? I Stewart is right on but he just happens to be about year late to the party. Typical ratings seeking stunts in my opinion. A year late and a few trillion short.