Monday, March 16, 2009

Jon Stewart is to NEWS as Jim Cramer is to FINANCIAL INFORMATION


There was a lot of twitterpation last week about the supposed dust up between Jon Stewart and Jim Cramer. Stewart, of Comedy Central had Cramer of CNBC on his show to beat him up for his lapses in journalistic standards. In essence, Stewart was accusing Cramer of being what in polite society was once called a financial tout.

Investing is serious business. Anyone who would take advice from someone like Cramer is a fool. But one could also make the same comment about Stewart's brand of reporting. Stewart is legendary for his humorous slant on the news, but many people take his "news stories" as being close to accurate. In fact, much of what Stewart does is as biased and slanted in the same way that he accused Cramer of offering.

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