Musings -- The Daily Show; Taking Chance

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Jim Cramer

Well, Daily Show Fans Everywhere were not disappointed last night, when, to quote my cousin, David, Jon Stewart "eviscerated" Jim Cramer. You almost (almost) had to feel bad for the guy. Except, of course, when Stewart kept running the 2006 video from Cramer's "thestreet.com", which may in fact end up getting Cramer in a spot of trouble for claiming to have intentionally manipulated stocks he was hedging. Especially interesting was when Cramer, last night, stated he had been "inarticulate" when he claimed he himself was doing the hedging. You can't claim to be a Harvard Law School graduate and then simultaneously claim to be inarticulate; it's just not credible..... along with everything else he says. Stewart was totally right in comparing Cramer's show to an infomercial. My question is this: Is there a conflict of interest policy at CNBC? For all its reporters? I'd like to know about that.

And, for something Completely Unrelated to CNBC .... I have a suggestion for President Obama and HBO. While the President is having his people "look into" the policy that prohibits pictures of caskets returning from Iraq, the administration should get together with HBO and present a commercial-free broadcast of HBO's new movie, "Taking Chance" with Kevin Bacon, on one of the non-subscriber television stations. Not only does the movie completely undermine this policy while never once mentioning it, it also does a terrific job of showing the respect and honor that Americans have everywhere for those killed in Iraq, even though there may be disagreement over military policy itself. In addition, Kevin Bacon has never been better as the solemn marine sergeant who escorts the young marine's body. I highly recommend it (though not for watching while working out on the treadmill; I had to stop the machine twice to catch my breath because I was getting too emotional (I know, hard to believe ....)). The movie is incredibly simple and incredibly effective. Whoever had the idea of adding the pictures at the end deserves an award. Take some time to watch it if you can.