Jon Stewart Vs. CNBC

Everybody seems to be posting this video today. I’m sorry but this clip just doesn’t work for me. Jon Stewart is certainly funny, but I’m not a fan of taking soundbites out of context just to make your guests look foolish. Santelli is one of the best guys on CNBC and he’s been one of the most consistent people in cutting through the noise.
Stewart, on the other hand, is the King of SWPL America. He takes quotes and events out of context, flips them around and presents them in such a way as to flatter his fans’ very large sense of self-superiority. In other words, Frank Rich loves him. But honestly, that gag is getting old. It’s also easy to do when you have a large crowd on your side. Let’s see Stewart go to pits in Chicago and try to embarrass them.
I’ve seen lots of comments saying that Stewart destroyed or humiliated CNBC, or that this was the funniest, most brilliant thing they’ve ever seen. Hmm…that’s not what I see. Stewart has become exactly what he accused Crossfire of when he had his hissy fit there a few years ago.

Posted by on March 5th, 2009 at 12:22 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.