My new site is now at http://www.terryofee.com. Everything will be going there now, thanks. :)
I just want to say something about the whole Jon Stewart vs. Jim Cramer debate that was on the Daily show. If you haven’t seen it already, here’s a clip.
Okay, I can understand why Stewart is pissed off. Cramer has fucked up time and time again with his financial advice. Flat out contradicting himself. The question is, why isn’t Jon Stewart yelling at the viewers for falling for that bullshit in the first place??
Steps for a successful Cramer -
1 – Stick expert on his name
2 – Give him some fancy advertising/tv show/sound effects
3 – Ensure the watchers that longevity = experience
You trust this raving man with your financial future?? What the fuck??
There’s so many people in this world who are quite happy to be sheep, and not question anything. “This guy’s going to make me rich!!” If it were that easy, wouldn’t we all be rich?? I’m not saying Cramer is out to rip everyone off but let’s be honest. He’s an average guy who’s been around and knows a little bit more than the majority of us laymen. That still doesn’t mean you should risk your retirement years with him.
The sad thing is, he’s not that much to blame. He’s been put in front of a camera and told to go wild. He’s not the one who makes the “IN CRAMER WE TRUST” ads (to be fair, Stewart says the same things..) I bet you any money that CNBC forced Cramer on the show. It’s just with all this exposure thanks to Comedy Central, the man is going to take the fall. Do I feel sorry for the guy? Not much. I don’t like him, but he doesn’t deserve this backlash. Hopefully it will make him think twice before talking next time Mad Money is on the tv…