Saturday, March 14, 2009

Cramer vs Stewart (or is it Stewart vs Cramer?):

The best short summary of what happened (and I've read dozens of reviews) is this one:
The thing that people probably won't get, though, is that Jon really isn't interested in Cramer. I wouldn't say he's interested in CNBC. He's interested in the press, and how the press serves more as a dissemination medium for the powerful than anything else. This is exactly what The Daily Show is about, and has always BEEN about, but people often forget it in their rush to turn it into a left/right Republican/Democrat thing.


How can we tell if Cramer is on or off his meds?

If the media had more I.F. Stones, with actual (or literal) cajones, Stewart might just stick to humor. Mark Twain was there to expose the then junk of journalism. Will Rogers kept an eye on things with him humor. And we had Mort Sahl many decades ago to get laughs from newspapers. Perhaps Stewart will get a lot of his younger viewers to watch CNBC just for the humor (unintentionally) it displays, like reading Bonfire of the Vanities or Atlas Shrugged.

By the way, would the late Tim Russert have dared to quiz Jack Welch the same way Stewart quizzed Cramer? Maybe Stewart will invite Jack Welch to the Daily Show to talk about NBC and its spinoffs, as well as about GE. Would Jack accept or welch?

By Blogger Shag from Brookline, at 3/14/2009 5:02 AM  

There is quite a lot the media doesn't get.

They also don't understand the death of their business model as Clay Shirky explains:

By Blogger gmoke, at 3/14/2009 11:33 PM  

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