Jon Stewart Doesn’t Understand You
James Pethokoukis hit the nail right on the head today.
There was a lively exchange last night on The Daily Show between Jon Stewart and CNBC’s Jim Cramer, in which Stewart hammered Cramer and the network for being subservient to Wall Street and not alerting viewers to the coming meltdown. Cramer and the network can defend themselves, but what became clear to me is that Stewart really doesn’t believe in the idea of a stock market where individuals can go to invest their money and build wealth over the long term.
Of course he doesn’t. To Jon Stewart and his ilk, people have to either be lucky (like him) or well-connected (again, like him) to amass any real wealth at all. Stewart’s America is one where the wealthy spend their whole day devising ways to enrich themselves at the expense of everyone else, as if national wealth in this country (or any country, for that matter) were a zero-sum proposition.
Most of us know that life isn’t a game of Monopoly and there is no shadowy cabal of dastardly villains in some backroom in Manhattan plotting ways to fill their pockets while bankrupting us all.
Those folks work in Washington, DC.
(via memeorandum)
Other Posts of Interest:
Category: Oh, THAT liberal media., The Economy and Your Money
It's only fair, because I don't understand Jon Stewart.
Conversely, I & many other Americans understand and really appreciate Jon Stewart.
I understand CNBC, but am less inclined to view them positively. They really are cheer leaders for stock market brokers. They rarely seem to tell the truth, where as Jon Stewart speaks the truth nightly.
Jon Stewart is hardly a truth-teller.