When Rick Santelli canceled an appearance on The Daily Show, Jon Stewart didn’t just fill the spot with another guest.
Oh no. Stewart used the full eight minutes that was supposed to be devoted to the Santelli interview making fun of the CNBC analyst’s diatribe against the president’s plan to help homeowners, and the entire network’s gullible, overly optimistic reporting.
The clips of Jim Cramer telling us, “Bear Stearns is not in trouble,” and “It’s time to buy, buy, buy,” are pretty funny. Unless, of course, you had actually listened to him and bought, bought, bought. Then it might not be so funny.
“Wow, If I’d only followed CNBC’s advice I’d have a million dollars today,” Stewart says, “provided I’d started with $100 million.”
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