Stewart v. CNBC, Cramer, And Now Scarborough

This whole "war" is pretty comical I think.  If you'd like to catch up, the videos are pretty entertaining.

John Stewart exposes CNBC. Watch here.

Stewart then follows up after Cramer says he's been taken out of context. Watch here.

Cramer does a mini-press run, tries to defend himself and Scarborough jumps into the mix.  Watch here.

I think Cramer has it right when he says Jon Stewart is a comedian.  These are businessmen, politicians, and journalists who can't stand it that someone picks apart what they say.  Scarborough is just yapping away without a care for reality.  You can bash Stewart all you want, but you can't say he doesn't make his show easily available to the public.  The Daily Show has one of the deepest vaults of videos on the internet.

To me, this is all about the horrendous predictions Cramer and countless pundits on CNBC have made. These kinds of networks thrive on the volume of predictions, not on the accuracy of those predictions.  ESPN does the same thing with sports.  I guess I don't mind when some predictions are wrong, as much as I mind the arrogant certainty with which the predictions are made.  It's unfortunate, but true, that being arrogant and certain generates better ratings than being thoughtful, cautious, and soft spoken - so I think arrogant certainty is here to stay.
 

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