The biggest buzz in the media last week was how Jon Stewart invited CNBC’s Jim Cramer onto The Daily Show and dressed him down as only Jon Stewart can do. A lot of people who saw that (either live or online) thought it was a good thing. Well, here’s a voice of support for Jim Cramer.
See, I look at Cramer as an entertainer. Sure, he doles out stock tips and other information. He’s made predictions about the future of the economy. Lots of people do this in the media. He does it in a totally goofy way, for the most part, with sound effects and goofy loops and a hysterical delivery—hey, it’s why his show is called Mad Money and not The Wall Street Journal Report. I’ll watch him just for giggles, not because I’m any sort of independent investor.
Does Cramer’s approach remind you of anyone else? Maybe it reminds you of someone who delivers the news, only instead of being all formal Walter Cronkite-like, he uses fart jokes and bleeped-out F-bombs and double entendres?
Jon Stewart criticized Jim Cramer for doing what Jon Stewart does on his own show. Sure, it’s great watching Stewart make movers and shakers squirm, especially the right-wing ones. But when he goes after someone in the same business as he, doing the same things he’s doing… it just doesn’t seem right. Mind, I love his show. But this one interview just … disappoints me, frankly.
Now, maybe Stewart and Cramer have a quid pro quo arrangement and at some future date Cramer will have Stewart on his show and berate him for being disrespectful to the news and a lousy prognosticator. I kind of doubt it, though.
You know who I’d really like to see smacked down? Larry Kudlow, host of CNBC’s Kudlow and Company. Now THAT guy just makes me wanna scream at my TV with his holier-than-thou business-is-best attitude. I’d like to see Stewart make Kudlow cry like a little kid.