The Strange Case of Stewart v. Cramer

Dear Friend and Reader:

What is illusion? What is reality?В I think anyoneВ who is fully awake knows there is a slim to nothing veil between the two.В  As a nation and a world swirling for the past ten years under Neptune in Aquarius, we’ve watched reality replaced by fantasy, delusion, and deceit spun wildly out of control,В В affecting our foreign policy, our economy, and the news that’s supposed to report on both.

Take for example last week’s build up to the high-stakes media battle over the role of cable news networks in reporting news on the economic crisis, where the Comedy Network’s Jon Stewart and The Daily Show challenged CNBC’s Jim Cramer of Mad Money to a show down. Yes, that’s right. The Comedy Network. In what grew to be a headlining news event Thursday night, weВ watchedВ a modern-day “High Noon” between two unlikely opponents:В  a man whose profession is that of a clown, versus a financial network pundit whose financial advice might as well have come from a clown–complete with bells, whistles, and flatulent sound effects.

At the heart of the debate between Stewart and Cramer was that CNBC was deliberately manipulating the news, using the vehicles of punditry, stock advice and editorializing on its network to not only sway the market, but pimp the agenda of financial institutions and corporations to help them gain market influence. Stewart called Cramer on getting people to buy Bear Stearns (from an earlier show of “Mad Money”) while he knew full well Bear Stearns was going down. He called Cramer on how heВ bragged about manipulating newsВ to favor personal investments. And finally he questioned Cramer’s network CNBC, a financial news network, and its motivation in serving big business interests instead of being an actual news network warning consumers about bad business risks.

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