Quote:
Originally Posted by Boris The Great
Do you have any rebuttal to what I said? No? Didnt think so. |
Stewart has been ripping on Cramer way before Cramer started criticizing Obama. Here you go Boris the parrot.
From the March 17, 2008, edition of Comedy Central's The Daily Show with Jon Stewart:
STEWART: It went from $60 a share to $2 a share in a few days. I mean, let me see if I can break this down for you. Let's say you had $60, and then after a night out, you had enough only for subway fare home. Now take away the night out. But, of course, obviously, someone like me, someone like you, we're not going to see this kind of disaster coming. That's what these financial shows are for. Right, there, Jim Cramer, last Tuesday?
CRAMER [video clip]: Peter writes, "Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?" No, no, no.
STEWART: Well, that could mean anything. Perhaps we should give Mr. Cramer a chance to explain the subtlety of his position.
CRAMER [video clip]: No, no, no. Bear Stearns is fine. Do not take your money out. This is -- look, if there's one takeaway other than a plus 400 [inaudible] -- Bear Stearns is not in trouble. I mean, if anything, they are more likely to be taken over. Don't move your money from Bear. That's just being silly. Don't be silly.
STEWART: I love the way Jim Cramer breaks down really complex financial issues into ones that are wrong. By the way, you may want to join Jim Cramer on his new show, No Matter How Good I Am At This Over The Next 10 Years, I Will Never Make Up The Amount Of Money I Blew For People Last Tuesday. Don't take your money out of Bear Stearns, it's only going to be worthless.