Can’t Miss Television

If you haven’t seen this already, you HAVE to watch it – funniest thing ever. Readers of my blog will know that I am a huge fan of this man:


  1. This was a very dishonest segment by Jon Stewart. Why doesn’t he run a series of clips of Barney Frank praising Fannie and Freddie? Why doesn’t he mock Christopher Dodd for getting a sweetheart deal from Countrywide? Why doesn’t he criticize people like Robert Rubin for encouraging higher levels of debt and risk taking?

    Criticizing real journalists for talking to sources like CEOs is ridiculuous. Furthermore, many of the clips included where CNBC correspondents simply reporting what other people had said. Their reporters like Charlie Gasparino and David Faber have been light years ahead reporting problems at banks. He also fails to mention that Rick Santelli has always been opposed to bailouts for Wall Street in addition to bailouts for homeonwers.

    Telling half truths is far worse than lying because they are more convincing. But it doesn’t change the fact that many people were to blame for this financial meltdown.

    It would be a pleasant change for Stewart to make fun of how the government created this financial mess by subsidizing mortgages and housing for more than 50 years with things like cheap credit and a slew of favorable rules in the tax code.

    One of the reasons why we’re in such a mess as a country is that we turned a blind eye to these contradictions. It’s time to start taking this entire thing much more seriously.

    Jon Stewart has a great amount of influence, but does a big disservice by treating everything like a big joke.


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