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Jon Stewart ends the interview by challenging Jim Cramer to remove words “financial expert and In Cramer We Trust” from his show. He also suggest that Cramer gets “back to fundamentals of reporting” so that he (Jon Stewart) can get back to making “fart noises and funny faces for a living! Cramer agrees, and they shake hands on it. Will it be so?
I think what we are seeing from this particular feud are two things:
1- The beginning of a class war between the rich and powerful VS. everyone else.
2- A wider realization that the internet paradigm is real and affecting how people learn things, exchange ideas, and broadcast those ideas. If traditional media does not step up and show the “everyone else” category from point 1 that they are relevant and trustworthy, expect their value (to readers and advertisers) to continue to plummet.
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One of the most competent, intuitive and objective people in the media is a goddamn comedian.
MSNBC Producers Asked Not To Highlight Cramer/Stewart
http://www.mediabistro.com/tvnewser/nbc/msnbc_producers_asked_not_to_highlight_cramerstewart_111307.asp