Friday Morning Open Thread
I do not plan to write a separate post on Cramer on the Daily Show last night. Of course Jon Stewart exposed the farce that passes for journalism in our day, as his show has done for years now. This is merely the latest example. I do think Cramer may have done himself some good (while exposing CNBC to merited ridicule) by going in and taking the beating. But the reality is Jim Cramer is not a journalist and in some ways, it was unfair and unfortunate to lay the sins of today's "journalism" upon him. Stewart spent a lot of time arguing as if Cramer really held himself out as journalist. I respectfully disagree with that assessment. Cramer has always acted a fool. I doubt anyone expected him to "break" stories on financial shenanigans or even give objective analysis on financial news.
But NBC and its family of networks do hold themselves out to be journalists. And they are doing no journalism. Let me put it this way, who do you think is a worse "journalist," Jim Cramer or Brian Williams?
This is an Open Thread.
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