TV Brawl

" Personal story segment tonight's -- very personal between comedian Jon Stewart in NBC financial analyst Jim Cramer. As we know mr. -- had a rough here making bad stock calls on companies that collapse like Bear Stearns so one mr. Kramer began criticizing Barack Obama mr. Stewart. An ardent Obama supporter. --"

" Bear Stearns is flying do not take your money yeah isn't rich and -- does one get -- on the net plus 400 summit. Wow. If I only followed CNBC's advice I'd have a million dollars today. Provided -- started with a hundred million dollar."

" Jim Cramer did write an article from main street dot com complaining. But we don't unfairly used a video clip out of context. He's not saying literally I'm asking you to buy Bear Stearns. -- that he -- to go back a full seven weeks before the stock completely."

" Last. Amazing piece of people who are all watching the studio to buy beer shortage."

" The whole."

" Jon Stewart wants to date the American tier one capital versus. Our common equity don't -- with the guys and comedian and he's decided to focus on some holes and I need during the bull market can -- wow -- eligible --"

" I -- attempts. -- Just blocker well armed with crazy but. Isn't what effect."

" That is trivial pursuit becomes a serious question why would anybody need advice from intelligence stock -- south Fox News business correspondent Stuart Varney. So here we have the -- holding a politics because of Kramer didn't attack Obama. Who would not be -- case and."

" What I feel is a shaky industry. Television and radio stock. She would say you don't take their advice. You -- all the drama a moment ago. You -- that drama that is the ratings purposes is to draw attention to do another do with the accuracy if you forecast it took about Kramer even until the specifically about crime right if you if you're sitting in the audience you're looking at this guy making recommendation right my suggestion -- be don't take those recommendations why why would you say it don't listen Kramer and others like him. Because number one they don't know you'll financial situation but not talking to you. That talking up the road ratings with a all of this drama authority that frequently wrong as the as the as we know. But isn't everybody frequently wrong in your financial adviser mind I mean mine was wrong. All three of the moral if you clearly label you'll show put up clearly label on it this is advice this is forecasting any of this -- That's fine he what -- that if she does -- everybody knows -- is is a guy who's trying to entertain. And you'd look I've known -- you know to rest. I don't object to what he does. Now what I would never buy or sell a stock based on what Jim Cramer said no I would not take investment advice from some guy on television but a lot of people -- yet. A wouldn't take my religion from a TV and actually you guys that stopped us from -- has gotten is guise of the fox business network you're not allowed to recommend stuff right now we do not do that we don't give advice we don't make forecasts I do take a political position. Nobody wins or loses any money with the political position that I will take. And I think it has a great deal of interest to the -- state to vehicle when you say you take a political position what does that mean they -- you take a Republican position Democrat position for example I don't approve of all this government spending which -- okay so you're sitting at a later -- undertaken on the McEnroe economic debt and analysis based upon I'd like a smaller federal government outlook that the problem that is what. Now Kramer gets in trouble. And so does his colleague what's his name -- to lease and -- until they were sent -- okay they get in trouble. Because they attack Barack Obama is economic -- If Kramer and sent -- attacked President Bush's. Economic vision in your opinion. Would they be featured on -- stew -- would not okay one. Because the establishment media. Is deliberately skewed to the far left and BC in particular CNBC and you used to work there correct. I've looked -- CNBC but I with the the with the wall street journal editorial report is okay but you know what you're talking about on this so I think. All of the mainstream media is skewed to the left. Most on in the tank for this left would Tom that the US economy -- Kramer had not said anything negative about Obama he wouldn't have been. -- played by stew and I don't think of that being said. Stewart did a great job it was funny. You know what it was beyond funny yeah I think it was it was accurate right yeah -- And said look this guy's a -- on on economic issues in which he supposed to be an expert. What you can't listen to him on anything else so. I don't begrudge Stewart doing it I think that you're correct and I'm correct our assessment that if -- if Kramer had blasted. Bush and said all the whole -- Bush's fault the whole recession is Bush's fault he never would have made the bill it's also good for ratings. You get referrals which won the both thought bright and easy going on -- yet you're gonna. Fight between two guys both from different media organizations. A fight a -- on doors and is good for everybody it's yeah it's more people will now watch -- Because he was going to doubts on the today show because this role what did people see Kramer on this show tonight. That -- in just a straight answer our concern itself is effective they'll get right. Okay we appreciate it thanks for."