CNBC’s Rick Santelli – famous for his rant against any economic stimulus going to “losers” stuck in bad mortgages – was scheduled to be the guest on Wed night’s The Daily Show. He cancelled…not a smart move.
The Daily Show put its amazing researchers and editors to work, and came up with a 10 minute montage of CNBC pundits looking extremely stupid.
I think the word has gone out… piss TDS at your own risk. Nice to have that kind of power, and use it for good and not evil.
You’d think Santelli would have learned a lesson from John McCain’s cancellation on Letterman.
Sounds reminiscent of when McCain stood up Letterman. Can’t wait to see the clip.
(on edit, what SarahTea said)
If you haven’t seen the clip from the show, you should head to CC website and check it out. Amazingly well done!
Here’s the clip Jon Stewart Eviscerates CNBC, Santelli On <i>Daily Show</i> (VIDEO) | HuffPost Latest News
Kramer went on Colbert last night. That had to take some pride swallowing.
Colbert was making so much fun of him it was unbearably funny.
Apparently the Huffington Post came to the exact same conclusion as me, 24 hours earlier. And I thought I was being so original…that’s what I get for using Tivo instead of staying up late. 
That’s Jim Cramer. I only point this out because I’ve been trying to figure out how Michael Richards is relevant to the thread.
You know, hes a loudmouth, but I kinda felt bad for him. He looked so pathetic.
Like I said in the thread about Colbert’s Doom Bunker, that was the best work I’ve seen from Jon Stewart in a long time. I think the last time I laughed that hard at The Daily Show was during Jon Oliver’s memorial to Britain’s World War II fallen. Stewart is a friendly host most of the time, but his best work is usually when he’s pissed off. The sequence perfectly summed up the idiocy of Santelli’s comments and TV stock pickers in general. And really, you can’t say much more than he did about Allen Stanford.
Stanford: It’s nice being a billionaire.
Stewart: Fuck you.
I’ll watch last night’s episodes this afternoon, but in the past I’ve enjoyed Cramer on Colbert. From what I have seen, Cramer is very open about his own gimmickry and doesn’t take himself too seriously, so he plays along with Colbert and the results are usually good.
If anyone teaches about the importance of context to a message, they should show the clip of Cramer on Colbert. It worked on so many levels. I don’t know how Colbert had that discussion with a straight face - I assume he carefully avoided looking at a monitor. He has just been getting better and better, and he is fearless.
-William Shakespeare, Hamlet, act 2 scene 2.
Or, as so often paraphrased by some of my friends, “Don’t piss off the jester.”
That Daily Show segment was great. I left the show on my DVR just so I could watch it again. CNBC came off as cheerleaders for Wall Street and Big Business (particularly in Santelli’s softball interview of “Sir” Allen Stanford).
I think Cramer is competent showman who is able to get people interested in the stock market and investing. People who based their investment choices solely on his advice needed to be parted with their money as soon as possible anyway.
Brilliant. I loved how rather than Stewart saying what the out come of the stocks were, they had the cold silence of the placards.
With Cramer on Colbert, that was just too funny. The sound clips from the button were hillarious, but I had already lost it from that damn kitten with the big, blue, slightly off eyes that somehow seemed to stare at both Cramer and myself at the same time. I half expected lasers to start shooting out from the thing and didn’t hear a word that was said while it was on the screen.
If this is true, then Cramer should start off each show with a statement like “What you are about to see and hear from me on this show is gimmickry and I in no way advise you to base your investment choices solely on the information you get here.” Out of all people, Cramer should know the difficulty of making money on the stock market, and for him to play along with all the amateur J.P. Morgans out there is, I think, despicable.
Yeah, but he can’t have it both ways. He can’t claim to be completely independent of the psychological underpinnings of the market (even in a small, modest way) and then claim to be a journalist who has a responsibility to report the “news” in a dramatic, no-holds-barred fashion. The puppies and kittens were awesome, but not nearly so awesome as seen this guy squirm.
Wait until you see a dog with a fluffy tail!