Weeks Roundup

I watch too much news, I read the paper every day, and I round out all that knowledge with Jon Stewart and Stephen Colbert. Bottom line, I know way too much about a ton of crap:P So at the end of the week, I have tons of partial posts and opinions that never get aired...until now.
Here are a few bits of the week that caught my attention...

First up...Holy p*ssed off Jon Stewart! First, can I say, I don't like Jim Cramer (Mad Money) so when Stewart went after him...I LOVED it! Here, watch part of it (the meat of it)


Followed by...
There were many great lines that Jon S. got in, but "I understand that you want to make finance entertaining...but it's not a f*cking game." was right up there. He was p*ssed! After he rolled tape of Cramer talking about manipulating short sales to his advantage on some show from 2006...Stewart said "I can't tell you how angry that makes me. What it says to me is...You all know what is going on. You knew what the banks were doing...the network knew...What is the role of CNBC?" He than went on to say "These guys (traders) were on a Sherman's March financed by our 401k's and burned the f*cking house down...with our money...and walked away rich as hell, and you guys knew what was going on!"

To that, all I can say is halleluja! It is about time someone just plain said it out loud. This thing was "10 years in the making" What I would like to see is some accountability. While I completely agree with Stewart...What is the point of CNBC? No, they are not regulators, but shouldn't they be illuminators? Isn't their role to shine a light on the type of corruption that got us here?

That said, my question is what of the regulators? I want more accountabiltiy. I want to know why the folks who's actual job it is to protect investors, and the market from the 10 years of shenanigans that left them rich, and me holding the bag, why aren't they answering for their role? No one stopped any of it! They knew. They completely knew!

I want these folks on Stewart as well. I'd like to see him rip into them even more than he ripped into Cramer. Yes, Cramer and CNBC played the game, let CEO's come on thier network to lie and manipulate...but regulation isn't their job. Let's shine some light on the folks who should have been minding the store. Why were they asleep at the wheel for over 10 years? Are these same folks still NOT minding the store? I want some change of command, and I'm not talking promotions from within. I am talking complete new blood at all levels.

Seriously, I could preach on for days about this:P I want folks to start going to jail...and I'm not just talking about Bernie Madoff (although that's a start)
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Next...Did you catch this on The Today Show a few days ago?
I'll tell you right here and now...I like Dooce.

A while back, I asked you all which template you liked better, Dooce or Pioneer Woman. Me personally, I like Dooce's layout better. Straight up, I can't ever find anything on PW. That said, I do think her format suits her gig (she has so many pokers in the fire...me, not so much)

Anyway, this is the second time that The Today Show has veered into the Mommy blogosphere. The first time was a complete disaster with Kathy Lee interviewing Dooce and a couple other bloggers. Now, even though I like Merideth V., doesn't it seem to you that the media still hasn't quite wraped their head around the force that is the Mommy Blogosphere?

I kinda thought this was a weak interview. By their calculations we are 30 million strong. Talk about a force! I think there is a lot more out there to discuss than "aren't you worried as your kiddo gets older they will resent you blogging about them?" I don't know, I've seen that question asked before (even Kathy Lee manged to get that one in) I want to know about search engine optimization, early advertising options, marketing strategies. Just because we are moms, does not mean we aren't savvy. I want more out of an interview guys, it just seemed weak and surfacy...Thoughts?
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Lastly, you can sell The Sear's Tower to Martians, and call it Toast on a Stick...I'm still calling it The Sear's Tower...'cause that's what it is. So put that in your pipe and smoke it Willis Group Holdings LTD:P

14 comments

  1. Wow, thanks for posting the Cramer interview-we watch Jon Stewart on the DVR so I haven't seen that episode yet. I did see him, Cramer, on the Today show bad mouthing Stewart and how he was taking everything out of context.

    And that piece w/ Dooce. I was so annoyed. The other lady that was being interviewed really seemed to be putting us down. (in my humble opinion) I just don't understand it-why don't they understand us.

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  2. For some reason, Jon Stewart didn't record last night so I'm so glad you posted that clip. That was awesome. And now I love Jon Stewart even more.

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  3. I could barely watch this interview b/c Cramer was literally squirming. I'm glad John did what he did, don't get me wrong.

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  4. thanks for posting all of those!!! i agree...i want to see some people go to jail and take responsibility!

    next, i agree, i think the mommy blogging interview was weak but then again it was something my non digital grandparents would watch and be really proud they new more about the blogging that i do!

    great post.

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  5. Thanks for posting Dooce's interview. I have been meaning to track it down and watch it for days. I probably never would have.

    I agree that is was weak for someone like you or I. But I am sure they were trying to make it appealing to the widest audience possible.

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  6. A - eff'ing - men. Jon Stewart is DA MAN.

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  7. I don't get to indulge in the news as much as I used to. I used to work out while flipping among the morning news shows, and I'd watch the nightly news and read the whole paper too. Now I read some of the paper and some Internet headlines. Sigh.

    But the banks, oh the banks. My husband works in finance, and you just can't get him started on it (like you!) or he won't stop. What happened didn't have to happen, and now everyone is paying the price, literally.

    Thanks for posting the interviews.

    And I agree -- I will always call it the Sears Tower!

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  8. I loved the Jon Stewart interview and he makes such a good point. The media's job is to give the public information not pick and choose what they tell you. However, we all know it is skewed in whatever way they see fit.

    What's with the "women don't tend to be into technology" crap? I don't get why women being bloggers and into social media is a big deal. It was a lame interview. I think that if you don't blog, you don't get it and that's the problem.

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  9. While I enjoy watching Cramer every night, one must remember the show is primarily entertainment. The financial networks exist to promote their advertisers financial and investment products. Who would expect them to warn about the credit bubble or coming Washington national debt collapse which will destroy much of the remaining private wealth in America today or what this will do to the dollar, the stock market, bonds, gold or the real estate market?


    China is now worried about their dangerous over investment in US Treasury obligations. Washington ’s long-term choice is either repudiation or monetization. For monetization to be effective, the depreciation in the dollar would have to be substantial and this in turn would dramatically raise prices of imports for American consumers which would mean a tremendous drop in foreign imports. Debt monetization would cause more disruption to exporting nations than selective repudiation of Treasury debt.

    The Campaign to Cancel the Washington National Debt By 12/22/2013 Constitutional Amendment is starting now in the U.S. See: http://www.facebook.com/group.php?gid=67594690498&ref=ts

    Thanks,

    Ron with 30 plus years in the investment business and banking industry.

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  10. I don't know Ron...It seems to me that the news is always ready to warn me about "what will give me cancer" or "what politician has his hand in pay to play politics" or "who in Obamas cabinet has not been paying taxes" That is investigative reporting.

    Shouldn't a network that has 17 hours a day of news to fill maybe dig a little? If they are existing merely to "promote their advertisers financial and investment products" then what is the point? I think that is the question that Stewart is raising. I am just adding that while I don't think you can hold CNBC responsible, you certainly can hold the regulators responsible...why aren't we?

    Cyn 15 plus years trader on the floor.

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  11. thanks for these, I was bummed I missed out. Maybe you can make this a regular posting, you know for us DVR-Less peeps that want to be in the know. LOL!

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  12. This is some funny stuff. John did have his "persona" on and Cramer didn't come with his, so it was weird in that sense.

    The thing I do contest is Jon saying it isn't a f-ing joke. He who makes a joke of everyone and everything. And it's funny -- but still. Pot meet kettle.

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  13. Jon Stewart was awesome - I'm glad you posted the clip b/c I'd heard about it but didn't see it. CNBC is weak lately, I'm disappointed watching it and find a lot of crap on there.

    I also missed the Dooce segment on the Today Show (three young kids will do that to you - TV is rare these days here!). It was ok, they didn't really delve into very much, but obviously they were pressed for time. My brain-dead husband watched the clip with me and said "I thought she used to be a lot thinner".

    "Um, yeah, she's pregnant."

    "Oh, that explains it."

    Apparently he's not reading regularly anymore!!! :-)

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  14. oh - I didn't know they interviewed Dooce again - I saw the first debacle interview with stupid-arse Kathy Lee - but - again FLUFF!

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