There is no way to post this without sounding like I am plugging MTV Networks’ Comedy Central so here goes. Tonight, on my way to SXSW I was able to catch The Daily Show (the photo shows everyone in my view also watching). For those that don’t regularly follow the show, tonight was the long awaited episode when Jon Stewart would face Jim Cramer of CNBC. Ending or potentially fueling the recent widely publicized fued (Google that). Jon rails into Jim on how Jim and those like him admit to knowing how the market can be cheated and where the holes in SEC regulations exist however they do nothing to stop it. Plug the holes over the last ten years that have caused the market free fall we are now experiencing. Jon suggests that perhaps Jim should go back to reporting financial news so John can go back to fart jokes.
I won’t profess to knowing about the markets. We at The Concept Farm are not and should not be regarded in whole as financial experts. So there will be no further exposition on a point of view. Just please watch the entire intetview.
And during the closing credits they show a clip from Jim on Martha Stewart (earlier in the day). Martha says “Jim does what Twitter does”. Alexander Rea from The Concept Farm asks “WTF!?”.
daily show, jim cramer, plane, sxsw