Cramer
Reaction to the inevitable requisite short-term reaction to the massacre that wasn’t a massacre but rather uneasy home viewing (presuming you still have a cable and/or high-speed internet-equipped home) (which is highly suggestive of a copper piping and window and furnace-equipped home) plus the requisite semi-informed cynicism perpetuated/embodied by Stewart (who didn’t touch on AIG or CDS, nevermind LTCM, nevermind…oh whatever nevermind):
Dude that was scary. Like Cramer had not only come unprepared, he came without ever having considered Stewart’s totally obvious observations, to say nothing of the larger ideological questions hinted at by said observations, to completely cast aside the practical dilemma of Why Tell People You “Care” About To Invest In The Shitty Stock Market At All When Government Bonds Have Returned Like Bernie Madoff But With Actual Money. And Cramer — I say this as a CNBC aficionado — is one of the most sympathetic characters they allow on the network.
Six mostly unemployed months into the crisis, I am thinking you have to be unemployed to have the time for the reading necessary to comprehend how morally and socially destructive (and yeah also comically inefficient) the whole “investment banking” idea was to begin with.
