On March 4, 2009 11pm CNBC went into hiding…somewhere because Jon Stewart choose to embed element of truth to his comedy on the Daily Show. He unleashed a brutal assault on CNBC and its “elite” financial newscasters.
Jon Stewart is funny. I enjoy watching his shows. Sometimes he is extremely funny. He was at his best when he shredded CNBC with journalist performance which will be remembered. Stewart’s primary target was Rick Santelli who had called out on President Obama’s plan to save what he called “loser” homeowners from foreclosure. Santelli’s rant became an instant hit on the web…and now Stewart’s “counter-rant” on Santelli is a mega-hit! Santelli must be regretting his decision of canceling his appearance on Jon Stewart’s show.
Well, the skit was brutal for CNBC but extremely funny for the viewers. CNBC is packed with people who yell and try to make point. For example, the Cramer guy – never understood why is he so hyper. I never understood how is he still in the market of providing financial analysis – his “analysis” for Bear Stearns and Bank of America are quite famous! Watch the video and there is more.
I think I can be a better financial analyst – all I have to do is yell!
By the way, Stewart’s best quote from the show –
“If I’d only followed CNBC’s advice, I’d have a million dollars today,” Stewart says. “Provided I’d started with $100 million.”
Watch the clip of Jon and judge yourself…He is the best! What do you think?