Discuss Detroit » NON-DETROIT ISSUES » Jon Stewart hands Jim Cramer his ass « Previous Next »
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Oldredfordette
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Posted on Friday, March 13, 2009 - 7:54 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Amazing.

http://www.thedailyshow.com/

All parts of the interview are here
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Rb336
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Posted on Friday, March 13, 2009 - 8:12 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Why can't main-stream newsfolk, including Newshour, hold these guys' asses to the flame like that? They constantly let them get away with rhetorical fallacies and other methods of dodging the question and rarely ask obvious follow-up questions (yes, Gwen, I mean you)
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Mopardan
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Posted on Friday, March 13, 2009 - 8:18 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

It's been a real winning streak for CNBC: Santelli, Cramer...who's next? The clowns on "Fast Money"?
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Oladub
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Posted on Friday, March 13, 2009 - 10:50 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

This was a serious hit piece. Fair enough. John Stewart criticized the fact that Cramer wasn't more critical of Bear Stearns, AIG, and their financial peers. Too bad Stewart didn't take this a step further and suggest that politicians who accepted campaign funding and inaugural party contributions from these recipients of corporate welfare resign if they don't give those contributions back.
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Cinderpath
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Posted on Friday, March 13, 2009 - 12:23 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Why is it Comedy Central and the Daily Show are the ones who actually have the balls to tell it like it is, remember when Stewart smacked down conservative shill Tucker Carlson? A classic.
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Cinderpath
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Posted on Friday, March 13, 2009 - 12:23 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Why is it Comedy Central and the Daily Show are the ones who actually have the balls to tell it like it is, remember when Stewart smacked down conservative shill Tucker Carlson? A classic.
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D_mcc
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Posted on Friday, March 13, 2009 - 12:31 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Because CBS, NBC, and ABC are all owned by Major political contributors...
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Wally
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Posted on Friday, March 13, 2009 - 3:02 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

Jon Stewart hands Jim Cramer his ass

Did he use his finger to stabilize it during the hand-off? :-)
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Islandman
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Posted on Friday, March 13, 2009 - 4:07 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

That was awesome ORF! I have only had time to watch the first one..moving on to the next.
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Atwater
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Posted on Friday, March 13, 2009 - 8:03 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

This is meant as a serious question- what exactly is Jim Cramer's "sin"? What did he do that makes him a villain? There are a lot of people to blame for the current economic mess, but I don't see how he's one of them.
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Bigb23
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Posted on Friday, March 13, 2009 - 8:11 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Didn't he offer, on air, that he can manipulate the market, back in '06, and that the SEC could not touch him ? I used to like his radio show. Not anymore.
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Gazhekwe
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Posted on Friday, March 13, 2009 - 8:20 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

That was the whole problem with him. He knew the sneaky tricks, and was caught on camera from 2006 when he ran a hedge fund discussing how to do it admitting he did it even though it was shady because he knew he could get away with it. Then he let the money system managers off the hook when he interviewed them on his show. The whole premise was to use him to illustrate the way the major networks let the banking system off the hook. I thought he came off pretty well for being gut shot in front of millions of people.
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Pam
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Posted on Friday, March 13, 2009 - 8:54 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

Didn't he offer, on air, that he can manipulate the market, back in '06, and that the SEC could not touch him ?



Yes, Jon showed clips of that during the interview.
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Jimaz
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Posted on Friday, March 13, 2009 - 9:30 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

The Comedy Central website experienced a 400% increase in traffic today. LOL!
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Atwater
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Posted on Friday, March 13, 2009 - 9:42 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

So it sounds to me like he himself didn't do anything wrong, it's more people are taking their frustration out on him because he knows how to play the market, and played it and made money playing it, and bragged about making money playing it, and knows the banking people personally and hasn't come out against them or been tough with them in interviews?
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Gazhekwe
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Posted on Friday, March 13, 2009 - 9:57 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

If you listen to the clips, you will see him telling someone (in 2006) how to unethically AND illegally manipulate the market, and admit that he can do it because the regulators don't understand it.
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Ccbatson
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Posted on Friday, March 13, 2009 - 10:42 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Why doesn't he (Stewart) pick on someone his own size?
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Oldredfordette
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Posted on Saturday, March 14, 2009 - 8:23 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

For some reason, there are gullible people who watch his television show and shows like them (it's all CNBC runs) and are influenced and lost a lot of money. Maybe he's their talking monkey, but maybe he'll shut up a bit now and be more responsible for his words and actions.

He looked like a deer in the headlights by the end of the interview.
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Vetalalumni
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Posted on Saturday, March 14, 2009 - 8:50 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

Too bad Stewart didn't take this a step further and suggest that politicians who accepted campaign funding and inaugural party contributions from these recipients of corporate welfare resign if they don't give those contributions back.



Not the subject matter of the interview. A myriad of different topics are discussable, but why should they have been covered in this particular interview?
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Oladub
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Posted on Saturday, March 14, 2009 - 10:06 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Vetalalalumni, It's Stewart's show. He can do what he wants with it. The subject of the interview was that Cramer had covered for, participated in, and been a benificary of the corruption surrounding major financial institutions. Stewart did a good job of laying that out. However, Stewart ignored the elephant in the room.

The Obama administration has conducted a policy of singling out and attacking its vocal critics. Cramer, although claiming to have voted for Obama, has been scathing in his criticism of Obama's economic efforts such as cap and trade taxation and Porkulus. Stewart, played the roll of inquisitor rather than comedian and was well supplied with obscure material to take down Cramer. I don't object to that but suspect a relationship between Stewart's mugging of Cramer and the administration's policy of attacking it's critics.

Meanwhile, securities and investment companies donated $3.7M to the inauguration. Many of these same companies are receiving taxpayer life support. It was unseemly as was the $955k Obama, received from Goldman Sachs during the campaign. (Or the $377k McCain received from Merrill Lynch)

In short, Cramer is a relatively small fish in the corruption that has enveloped our political and economic leadership. I suspect he was taken down for daring to criticize bigger fish.

Samples of the sort of the programing that put Cramer in the crosshairs. -
http://www.youtube.com/results ?search_type=&search_query=Cra mer+obama&aq=f
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D_mcc
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Posted on Saturday, March 14, 2009 - 10:08 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Ola...You do realize that Stewart has railed against Democrats and Republicans alike
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Oladub
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Posted on Saturday, March 14, 2009 - 10:13 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Yes, I've seen him do so but I haven't ever seen him depart so far from humor to try to destroy someone like that.
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Ccbatson
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Posted on Saturday, March 14, 2009 - 10:21 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Cramer is a piker (and likely a moderate lib). However,no economist, in their right mind...even a lib...could throw away basic principles and get behind Obama's socialist economic agenda.
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Vetalalumni
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Posted on Saturday, March 14, 2009 - 11:05 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

It's Stewart's show. He can do what he wants with it.


And Cramer could have foregone the opportunity to be a guest on Stewart's show. It was therefore apropos that
quote:

... Stewart ignored the elephant in the room.


quote:

Stewart, played the roll of inquisitor rather than comedian and was well supplied with obscure material to take down Cramer.


And the inquisitor role was funny, a comedian's goal. The show writers are supposed to develop funny material. Regarding Cramer, he only offered pitiful excuses and earned little sympathy while enduring being "taken down".
quote:

... suspect a relationship between Stewart's mugging of Cramer and the administration's policy of attacking it's critics.


What did Stewart rob from Cramer? Cramer availed himself did he not? Who hatched this nefarious plot?
quote:

In short, Cramer is a relatively small fish in the corruption that has enveloped our political and economic leadership. I suspect he was taken down for daring to criticize bigger fish.


Darn! Is there no honor among thieves?
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Ccbatson
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Posted on Saturday, March 14, 2009 - 12:00 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Stewart picked the low lying fruit.

He has declined an offer to meet with Mark Levin, why do you think that is?
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Vetalalumni
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Posted on Saturday, March 14, 2009 - 12:15 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

This is meant as a serious question- what exactly is Jim Cramer's "sin"? What did he do that makes him a villain? There are a lot of people to blame for the current economic mess, but I don't see how he's one of them.


quote:

So it sounds to me like he himself didn't do anything wrong, it's more people are taking their frustration out on him because he knows how to play the market, and played it and made money playing it, and bragged about making money playing it, and knows the banking people personally and hasn't come out against them or been tough with them in interviews?


Cramer's sin was criticism. The "Disher" should be prepared to be "dished" on. Cramer volunteered himself to criticism because he himself is analytically critical.
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Oldredfordette
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Posted on Saturday, March 14, 2009 - 2:43 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Mark Levin is not serious, he's a fringe lunatic. You might as well have Lyndon LaRouche on the show.

Cramer is on television every day, selling his goods, and was fair game.
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Vetalalumni
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Posted on Saturday, March 14, 2009 - 6:04 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Mark Hemingway (National Review) defends Cramer and decries Stewart. Turns it around into a critique of the Obama Administration. Questions if Stewart, outclassed, would dare go after Warren Buffet (who is not a TV mouthpiece).
http://article.nationalreview. com/?q=ODgwOGM1MGNhNzA5NjFiODh lMDg4NGEyYzhkODFlYjQ=
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Douglasm
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Posted on Saturday, March 14, 2009 - 7:59 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

The thing that makes Stewart's actions so "respected" is that he doesn't do it very often. Billo, Rush, and Keith stick their necks out so often when they actually hit on something it isn't news. Stewart's taken after someone every two years so when he does it, it's enough out of character that it's unique.
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Bigb23
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Posted on Sunday, March 15, 2009 - 6:59 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Thanks, Vetalalumni for using the "National Review" as a source for commentary. I'd put that up there with Rush, as far as even handed "quotes".
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Jams
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Posted on Sunday, March 15, 2009 - 9:19 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

Stewart picked the low lying fruit.

He has declined an offer to meet with Mark Levin, why do you think that is?



He didn't ask you?
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Sturge
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Posted on Sunday, March 15, 2009 - 12:07 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

I could find no credible source where Stewart turned down Levin. I really couldn't blame him though.
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Sstashmoo
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Posted on Sunday, March 15, 2009 - 12:13 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Jon Stewart is a political activist hiding behind a horrible comedy schtik. A comedian attacking someone and potentially damaging their career? It's malicious and quite obvious his intentions. He should work on being funny, he might get off of a cable channel finally.
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Vetalalumni
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Posted on Sunday, March 15, 2009 - 1:42 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

Jon Stewart is a political activist hiding behind a horrible comedy schtik.


If true, and by this definition, then which comedic TV personality is not a political activist at one time or another?
quote:

A comedian attacking someone and potentially damaging their career?


If Stewart verbally assaulted Cramer, then what is it that Cramer has done for years? And why sympathy for Cramer? He put himself in the position he is in. Smart and resourceful, he should not have much difficulty with his career.
quote:

It's malicious and quite obvious his intentions.


Calling someone out on the carpet is malicious? And just what exactly are Stewart's intentions?
quote:

He should work on being funny ...


Stewart already is funny, though he could also improve like anyone else.
quote:

... , he might get off of a cable channel finally.


Cable works well for Stewart right now. If and when he ever leaves cable, he'd have lose some of his edge.

(Message edited by vetalalumni on March 15, 2009)
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Benfield
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Posted on Sunday, March 15, 2009 - 1:44 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

A comedian attacking someone and potentially damaging their career?



That's horrible. Could you imagine someone like Thomas Nast doing that?


tweed
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Ccbatson
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Posted on Sunday, March 15, 2009 - 3:35 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Mark Levin aired the conversation with Stewart's (he calls him by his birth name, Leibowitz) people when they declined. Quite entertaining.
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Vetalalumni
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Posted on Sunday, March 15, 2009 - 8:52 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Thomas Clarke resigned Friday as CEO of TheStreet.com, the online financial news site co-founded by Cramer.
quote:

Cramer, who took the reins as chairman last October, is synonymous with the fortunes of The Street as one of the Web site's signature columnists.
-- by Jon Friedman, marketwatch.com


http://www.marketwatch.com/new s/story/jim-cramers-bad-week-j ust/story.aspx?guid=(3E1D0490- E487-44FF-B1A1-DBB889EC2515)
quote:

The company announced Friday that Thomas Clarke, TheStreet.com’s CEO for the past decade, would be leaving, effective immediately.
-- by Hilary Potkewitz, Crain's New York Business


quote:

Mr. Cramer co-founded TheStreet.com in 1996. When they took the company went public in 1999, it was valued at $60 per share, giving the company a market cap of about $1 billion.
-- by Hilary Potkewitz, Crain's New York Business


http://www.crainsnewyork.com/a rticle/20090313/FREE/903139975
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Ccbatson
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Posted on Monday, March 16, 2009 - 12:15 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Never paid him (Cramer) any attention myself. Loud mouthed and wrong in almost every prediction.

Why does he have a show again?
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Vetalalumni
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Posted on Monday, March 16, 2009 - 3:51 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Both Cramer and Stewart have shows, among other reasons, because their existence is not based upon your approval or opinion. Same for all other newspaper, radio or TV media that thankfully does not revolve around the choices of any one individual. Are you not for free market in this context?
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Ccbatson
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Posted on Monday, March 16, 2009 - 11:11 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

I did not suggest that he should be censored or removed from the air. I questioned the appeal to the public.
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Vetalalumni
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Posted on Tuesday, March 17, 2009 - 2:45 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

I did not suggest that he should be censored or removed from the air. I questioned the appeal to the public.


The appeal you question is a market factor, is it not? Do you only understand the free market when it aligns with your views?
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Ccbatson
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Posted on Tuesday, March 17, 2009 - 4:26 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

I don't know what compels people to choose what they choose. It is not a matter of questioning the system, they (free markets) are just fine. I am wondering what is/was appealing about Cramer.
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Detroitej72
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Posted on Tuesday, March 17, 2009 - 7:03 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

The same thing that is appealing about all the horrible reality shows, and nutjobs like conservatives Ann Coulter and Sean Hannity. People like to watch someone else's train wreck.

I never could understand some folk's taste in shows.

(Message edited by detroitej72 on March 17, 2009)
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Vetalalumni
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Posted on Tuesday, March 17, 2009 - 8:11 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

quote:

I don't know what compels people to choose what they choose.


Maybe you lack empathy?
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Chitaku
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Posted on Tuesday, March 17, 2009 - 8:27 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Comedy Central is owned by CBS (Viacom)
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Sid
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Posted on Tuesday, March 17, 2009 - 9:01 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

What motivated Cramer to go on the show? He got his ass chewed, and knew he would; won't attract ratings for his type of show in doing so. I would think he attracts people who see him as know-er of all (the premise of the show). Why did he do it?
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Ccbatson
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Posted on Wednesday, March 18, 2009 - 4:47 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

On this issue, I definitely lack empathy.
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Detroitej72
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Posted on Wednesday, March 18, 2009 - 7:07 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Ego?
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Ccbatson
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Posted on Thursday, March 19, 2009 - 4:33 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Is that (ego) bad in your opinion?
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Rb336
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Posted on Thursday, March 19, 2009 - 4:54 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

can you comprehend that 1)ego is necessary but that 2)ego must be tempered by humility?
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Ccbatson
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Posted on Friday, March 20, 2009 - 6:28 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Irrelevant comment Rb. Notice the question was directed at Detroitej72.
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D_mcc
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Posted on Friday, March 20, 2009 - 6:30 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Cc...Do you have a life???
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Thejesus
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Posted on Friday, March 20, 2009 - 6:56 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

"Cc...Do you have a life???"

Not anymore after HFMC laid off part of their nursing staff
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1kielsondrive
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Posted on Saturday, March 21, 2009 - 2:17 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

John Stewart is one of the best journalists on television. It's ironic that his is a comedy show and yet his interviewing and questioning are far better and much more incisive than most any other 'news' shows on teevee, including the whole bunch of sunday morning talk/interview shows.
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Gibran
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Posted on Saturday, March 21, 2009 - 2:40 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

agreed...he is pretty savy and is not afraid to ask the tough questions...he should be sitting next to Helen Thomas..that would be a hoot.
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Ccbatson
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Posted on Saturday, March 21, 2009 - 11:43 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Huh? What does HFMC's nursing staff have to do with anything here?

John Stewart is a journalist? Since when?

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