Friday, March 13, 2009

Ready for Primetime?

This is wonderful viewing, if not excruciatingly uncomfortable to watch.

Jim Cramer is too often simply glib and loud, neither of which helps his arguments; he did little to counter this tendency last night on "The Daily Show." Jon Stewart's argument was cogently constructed and deftly presented. All Mr. Cramer could do was sputter and act contrite, with the accent squarely on "act."

Jim Cramer spent years in the background feathering his own financial nest. He then somehow managed to get his own vacuous infotainment show, which he proved last night he certainly deserves having: he was almost entirely devoid of info and completely full of 'tainment.

CNBC has to be rubbing its collective jaw right now. It certainly took one squarely on Mr. Cramer's chin last night. Ouch.

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