Recent Blog Posts
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Nov 16 20095:57 am EDT
"Why Is Jim Cramer Shouting at Me?"
Imagine what it would be like if your boss ordered you to spend 12 hours watching CNBC. Gabriel Winant over at Salon.com has a trenchant and amusing tale of just such a disturbing day -- the whole litany of indistinguishable shouting-head shows from "Worldwide Exchange" in the morning to "Kudlow & Co." at night.
The assignment, of course, grew out of Mad Money host Jim Cramer's hilarious but ultimately counterproductive (for Cramer) feud with Daily Show host Jon Stewart.
"Is CNBC as bad as Jon Stewart says it is? Yes," the article says in its headline, but that doesn't give away the best part.
"In mistaking themselves for the country at large, and the bouncing of the market for the health of the economy as a whole, Cramer, Kudlow and the whole talking-head crew" have created their own "bizarro world" where greed, stupidity, and deregulation aren't to blame for the collapse of Wall Street, but Barack Obama and Tim Geithner (somehow) are.
Read the whole essay here.
by Mark Stein
