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Jon Stewart Continues His Smackdown on Market-Worshipping Jim Cramer and CNBC
March 12, 2009 |
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The fight between Jon Stewart and CNBC started out with a "brutal, but utterly hilarious" attack on Rick Santelli's infamous rant against homeowners, and an insightful look at just how wrong CNBC got it in the days and months before the econopocalypse:
Stewart aped Santelli's newsgrabbing shouty-faced blubber from the Chicago Mercantile Exchange, coyly admitting, "I have to say, I find cheap populism very arousing." And then, for eight minutes, Stewart at his arch best (with the help of the crackerjack Daily Show research team) went on an absolute tear and burned CNBC right down to the doorframes. "If only I'd followed CNBC's advice, I'd have a million dollars, provided I'd started with a hundred million dollars."
Watch it:
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