John Stewart eats Cramer for lunch

OMG!  Jon Stewart's interview with Jim Cramer (CNBC) was so hard to watch.  The battle began here.  Last week he railed about the commentators on CNBC who are contributing to the world's economic woes and the thing blew up into a huge 'battle' between Stewart and Cramer.

Tonight Cramer went on The Daily Show to defend himself and he was so self-deprecating.  So much so that it came off as desperate.  He wanted off the hook so badly, and i think he thought that if he came on and acted all, 'I make mistakes', 'I should have seen these things coming', 'I'm working with the government to find these criminals', that Stewart would be contented.  

Jon called him on all of it.  Jon aired clip after clip showing just how Cramer gave advice on how to manipulate the market at the expense of regular people's retirement accounts.  He pointed out how we are all told that we should invest our money for the long term, how we should grow our money slow and steady.  But CNBC and the commentators are telling the market players how to make quick dollars in ethically challenged or outright illegal ways.

It was amazing.  Check it out.  And here and here.