The Jon Stewart Jim Cramer interview/showdown took place on March 12, 2009. Watch the Jim Cramer Daily Show video in its entirety and see photos here. The highly anticipated confrontation between Comedy Central ‘Daily Show’ host Jon Stewart and Jim Cramer, financial commentator and host of CNBC ‘Mad Money’ will be talked about for some time, as it was a classic moment in television history.

After unrelenting criticism of CNBC in the last several days (see video above) the Daily Show host had more than done his part to fuel the Stewart Cramer feud, as the Mad Money host had dismissively said in mock terror on the Today Show, ‘”A comedian’s attacking me! Wow! He runs a variety show!”

Continue reading and see video below…..

The feud was actually begun when Jim Cramer’s CNBC colleague, Rick Santelli, canceled his Daily Show appearance. Santelli is now infamous for his rant on the floor of the Chicago Board of Trade, in which he called homeowners in foreclosure caught up in the sub-prime mortgage crisis, ‘losers’ Jon Stewart then took a hard look at the entire CNBC network, and finding the ‘Mad Money’ host’s dubious stock predictions an irresistible target.

The ‘variety show comedian’ was unrelenting in his indictment of Jim Cramer’s ‘Mad Money’ offers advice and stock market tips, most famously taking issue with the tag line, ‘In Cramer We Trust’ while suggesting something more down to earth (You feel lucky, Punk? Well, do you?) as well as in a series of video clips showing Cramer continuing to recommend investment bank Bear Stearns stock just weeks before the financial giant caved in (as have so many, lately). In the showdown, Cramer could only concede, ‘ I didn’t think that Bear Stearns would evaporate overnight. I knew the people who ran it. I thought they were honest. That was my mistake.’

Jon Stewart was just as justifiably critical CNBC network’s reporting of the economic crisis in general and Wall Street’s role in the financial market meltdown in recent months, leaving Cramer with no choice but to admit that he and his network had given bad advice and had put entertainment and showmanship ahead of solid financial reporting.

“I understand that you want to make finance entertaining, but it’s not a f–king game,” Stewart said reminding the financial adviser that people, trusting the network to give sound financial advise and guidance, have their pension funds and life savings at stake.

Jon Stewart underscored the need for CNBC hosts and reporters to uncover the truth and not become collaborators with powerful Wall Street figures and and government officials. “The financial news industry is not just guilty of a sin of omission but a sin of commission,” he said. Which led to this very revealing dialogue that is the crux of the issue and is rare but brazen confrontation of the true is what has everyone talking.

CRAMER: I always wish that people would come in and swear themselves in before they come on the show. I had a lot of CEOs lie to me on the show. It’s very painful. I don’t have subpoena power. . . .

STEWART: You knew what the banks were doing and were touting it for months and months. The entire network was.

CRAMER: But Dick Fuld, who ran Lehman Brothers, called me in – he called me in when the stock was at 40 — because I was saying: “look, I thought the stock was wrong, thought it was in the wrong place” – he brings me in and lies to me, lies to me, lies to me.

STEWART [feigning shock]: The CEO of a company lied to you?

CRAMER: Shocking.

STEWART: But isn’t that financial reporting? What do you think is the role of CNBC? . . . .

CRAMER: I didn’t think that Bear Stearns would evaporate overnight. I knew the people who ran it. I thought they were honest. That was my mistake. I really did. I thought they were honest. Did I get taken in because I knew them before? Maybe, to some degree. . . .

It’s difficult to have a reporter say: “I just came from an interview with Hank Paulson and he lied his darn-fool head off.” It’s difficult. I think it challenges the boundaries.

STEWART: But what is the responsibility of the people who cover Wall Street? . . . . I’m under the assumption, and maybe this is purely ridiculous, but I’m under the assumption that you don’t just take their word at face value. That you actually then go around and try to figure it out (applause).

Source: There’s nothing unique about Jim Cramer

For more analysis, see also: Stewart vs. Cramer: A One-Sided Smackdown

Photo credit: Comedy Central

Watch the Comedy Central Jon Stewart Jim Cramer Daily Show video in its entirety below.

Related posts:

• Video: Bill Clinton on The Daily Show 9-23-08 Full Interview (with Reponse to Chris Rock on Obama)
• Video: Stephen Colbert Endorses Barack Obama
• Video & Photos: Barack Obama The Daily Show with Jon Stewart 10-29-08

Jon Stewart Jim Cramer Video: Jim Cramer Daily Show Video

“I Want My Bailout Money” is written, arranged, and performed by NaturalNews.com editor Michael Adams, the “Health Ranger.” It’s the first song from his forthcoming hip hop album, Beyond All Reason. With lyrics as incisive as they are entertaining, he delivers an unsparing assessment of the current meltdown of the U.S. economy.

“I wrote the song to help spread the message about the unprecedented theft of money from the American people that has been masterminded by the white-collar criminals running our country today. U.S. Treasury officials and Federal Reserve officials have conspired to steal trillions of dollars from everyday Americans by creating insane quantities of new money and handing it over to their rich, incompetent banker friends. It is one of the greatest financial cons ever perpetrated in human history, and yet few people seem to understand what’s actually going on.

Source: NaturalNews.com: I Want My Bailout Money (commentary)

The video is below.

YouTube Link

Related posts:

• Video: The Dark Bailout (Mashup)
• Video: George W. Bush’s Nightmare Before Christmas

‘I Want My Bailout Money’ Michael Adams the Health Ranger (Video)

Forbes magazine crowned Angelina Jolie the year’s most valuable celebrity face, selling the most magazines.  The Angelina Jolie W Magazine cover and breastfeeding photos by her partner Brad Pitt –all photos are now online–prove the point once again.

The article and the photos are online:

• Cover story – One Week: Brad & Angelina
• Brad’s Photos: The Back Story
• Brad Pitt Angelina Jolie Photos(Slide show)

As did the top celebrity six, cited by Forbes (People, Star, US Weekly, In Touch Weekly, Life & Style and OK!) we can be sure W Magazine will have runaway success with its November 2008 issue with its cover story and  Brad Pitt photos.  The issue will be on newsstands October 21, 2008.

Every family has its unique rites of passage, those generational milestones that mark a child’s growth and remind parents of their own similar experiences, years earlier. In the Jolie-Pitt household, one such event is the day a kid begins collecting daggers. Angelina Jolie and Brad Pitt’s seven-year-old son, Maddox, like many boys his age, has lately developed a fondness for guns and knives, and Jolie proudly notes that the predilection runs in the family. “My mom took me to buy my first daggers when I was 11 or 12,” she recalls. “And I’ve already bought Maddox some things. We take him to a special shop.” She emphasizes that the knife blades are dulled so they’re not dangerous, and that the purchases are accompanied by discussions about violence. But, she says, “we also talk about samurais and about the idea of defending someone as good. We talk about everything.” 

Source:  One Week: Brad & Angelina

In addition to exploring the personal lives of Angelina Jolie and Brad Pitt, the cover article by Christopher Bagley also focuses on Angelina Jolie’s role in the upcoming Clint Eastwood movie, Changeling, which premiered earlier this year at Cannes and will be in theaters October 24, 2008 in limited release and October 31 in wide release in the U.S.

Some celebrity reactions to the cover:

“I mean, she’s always pushing the envelope,” Nicky Hilton tells Usmagazine.com. “If it were someone else, I’d be shocked, but with her, not really.”

Says Emmy Rossum, “It’s really, really nice,” adding that it’s “totally not” shocking.

“There are women who [breast-feed] at restaurants,” Rossum tells Us. “I mean, in a sense, it’s a private thing, but on the other hand, it’s a really intimate portrait that a boyfriend took of his girlfriend … who cares?”

Echoes Rose McGowan: “Is it supposed to be shocking? I’m sorry, I think there’s a lot more [controversial things] going on…”

Source: What the Stars Think About Jolie’s W Cover!

La Leche League International has already praised the Oscar winning actress for the groundbreaking cover photo.

“Mothers of twins report it takes a lot of time, effort and physical energy to breast-feed. I think the picture is beautiful,” La Leche League International spokeswoman Jane Krouse told Reuters.

Added Andi Silverman, author of Mama Knows Breast: “I think it is fabulous. Seeing a celebrity like Angelina Jolie breast-feed can be a role model to encourage women to make a choice that is wonderful for their baby.”

“Breasts are used to sell all sorts of products,” Silverman said, “so to see them used the way nature intended can only be a great thing.”

Source: US POLL: Experts: Angelina Jolie’s W Cover “Inspires” New Moms to Breast-Feed

Angelina Jolie W Magazine Cover, Photos November 2008 pics pictures photoshoot