I know everyone on the planet (or at least 2 of you) have been anxious for my take on this. Here it is in brief..
Jon Stewart is really bright, but so is Cramer…they are both serving their markets. What the Daily Show does is serve an underserved market for truth in media, but it does it with comedy, which should illustrate how starved we are for some measure of truth…. I cannot think of another show that has the market penetration it does that is not afraid to both praise and roast those that need praise and roasting. For every Jon Stewart, there are 10 Sean Hannity’s, and that is a problem. And I am not talking conservative vs. liberal, I am talking intelligent vs. stupid. The conservative side needs people that are less abrasive and more thoughtful, but just as aggressive to report on the real news. Overall, the media is a mess, and people tune into to the Daily Show because while it is gonna be riffing on things, the seeds of the stories ring true.
All said, I think Cramer coming on in the first place was a good thing for him to do, and to talk and sit it out was a good thing to do, but I doubt he will change his practices. I do think that we witnessed a historical interview. I don’t think Cramer is a bad guy, but rather just another squirrel fighting for a nut and selling it any way he can.