Jon Stewart channels Lenny Bruce and Edward R. Murrow; Shep Smith angling for a job at MSNBC?
Jon Stewart faces a contrite, almost pathetic Jim Creamer, reams Cramer and shows why most "serious" television journalists are as pathetic toadys-to-power as Cramer.
And what has gotten into Shepard Smith at FauxNews? He's gone off the reservation before, starting during Hurricane Katrina, when he was criticizing Bush's administration in a way others at the network were not. Something tells me Smith must know his days are numbered at FauxNews and he's decided to speak his mind about crazy Glenn Beck. I highly recommend that just-linked-to edited video, especially the exchange between Smith and the very creepy Chris Wallace, who would have made a particularly odious Bolshevik functionary...
Could we all be seeing Smith at MSNBC in a few months...?
posted by Mitchell J. Freedman @ 10:15 PM
1 comments
1 Comments:
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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