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Friday, March 13, 2009

NBC's 'Daily Show' Blackout Extends to Cramer's Own Show

clipped from rawstory.com
Any viewers who might have decided to take in Jim Cramer's Mad Money on Friday in hopes of finding out how the CNBC host would react to the verbal thrashing he'd received from Comedy Central's Jon Stewart the night before were doomed to disappointment.

Cramer started promisingly enough. "Before we get started, I want to say something about what happened yesterday," he began soberly. "A lot of people are talking about what happened. ... Although I was clearly outside of my safety zone, I have the utmost respect for this person, for the work that they do, no matter how uncomfortable it was to be on. So I want you to take a look at this clip from yesterday of Cramer vs. Stewart!"

At that point, it was revealed that the come-on had been nothing but a tease, as the clip turned out to show Cramer helping Martha Stewart -- on whose program he had appeared earlier on Thursday -- prepare what appeared to be a banana cream pie.
At the end of the Martha Stewart clip, Cramer said, "Now back to business as usual." There wasn't any mention of Jon Stewart.

Look, I realize that the TDS appearance must've been a tremendous embarrassment for Cramer, but come on... This isn't something you can just laugh off. The credibility of the entire network has been brought into question in a very well-reasoned argument. Is CNBC actually journalism or is it just an infomercial for stock traders?

CNBC needs to answer that question. If it's just about money worship and BS "stock tips" straight off the fax from some PR firm, then screw 'em -- they're freakin' worthless.

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