Wednesday, March 11, 2009

The Stewart/Cramer battle continues...

If you haven't been watching the war of words between Jon Stewart and CNBC's Jim Cramer, you're really missing out on something grand.

The battle started last week when Stewart took the financial news network to task for holding up as absolute authorities people who really had no idea what was happening with the economy, including Cramer. Cramer responded with a column on MainStreet.com, accusing Jon Stewart of taking facts out of context. Stewart parried with a broader look at Jim Cramer's record of offering bad advice.

Cramer's next move can only be described as an all out PR blitz to defend his reputation, appearing on NBC's The Today Show and MSNBC's Morning Joe. And, coming through with flying colors, Jon Stewart fired back at Cramer last night.

These clips are long, but worth it in their prescience. And, BONUS: you get to hear Joe Scarborough complain about Jon Stewart's practice of cherry-picking and ridiculing sound bites. That one is rich.

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