Friday, March 13, 2009

Down Goes Cramer! Down Goes Cramer!

Here's the video of Jon Stewart completely eviscerating Jim Cramer last night. Cramer truly got crossfired. Hopefully reporters around the country took notes on what real journalism looks like. Glenn Greenwald hits all the right notes about the financial media's complicity in hyping the bubble mirroring the national media's obsequious "reporting" in the run-up to the Iraq War. Sadly, the proliferation of media has reduced the quality of journalism. Reporters worry so much about losing access to their sources that they never ask the tough questions. Landing the big interview, rather than breaking the big story, has become the measure of a journalist. And sadder still, a comedian has to show them how it should be done.

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