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How Jon Stewart Went Bad
Jason DeCrow / AP Photo
There is a virtual ban on criticism of him in the press. Uncritical praise corrupts absolutely.
Jon Stewart’s recent attack on CNBC’s Jim Cramer was so brilliantly performed, so smoothly produced and cruelly compelling, almost nobody noticed that it didn’t make sense. The climax came as Stewart put up a number of grainy clips of Cramer describing how to artificially (and unethically) depress a company’s stock price. The video was damning. Cramer looked sweaty.
Stewart summed up the significance of what Cramer had said on the tape: “You can draw a straight line from those shenanigans to the stuff that was being pulled at Bear and at AIG, and all this derivative-market stuff,” he said sternly.
I can still picture him standing outside the makeup room, gesticulating as the rest of us tried to figure out what he was talking about. It was one of the weirdest things I have ever seen.
Except that you can’t draw any such line. In the video, Cramer hadn’t mentioned derivates or securitized loans or credit-default swaps, or any of the other exotic financial instruments that caused the fall of AIG and the current recession. There’s no evidence that Jim Cramer had anything to do with any of that, and Stewart didn’t offer any.
Before Cramer could defend himself, Stewart moved on to a new charge: Cramer and his colleagues at CNBC had known that the financial sector was in imminent danger of collapse, but had pretended otherwise—a ruse that Stewart described as “disingenuous at best and criminal at worst.”
This was even more farther-fetched. A ratings-hungry TV network had the scoop of the decade but decided to sit on it? Why? In order to curry favor with soon-to-be-disgraced corporate executives? It didn’t make sense.
No matter. Cramer was almost incoherent by this point, cringing and apologetic. Stewart was becoming furious. “I understand you want to make finance interesting,” he said, “but it’s not a fucking game. And I, I, I—when I watch that, I can’t tell you how angry that makes me.”
Cynics might assume that the fury was a pose. Humor requires ironic detachment, and nobody as funny and sophisticated as Jon Stewart could possibly be getting that mad on TV over something so abstract. A fair assumption, but wrong. Stewart really was enraged. It was all entirely, strangely real.









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IS IT POSSIBLE THIS OOOOO SOOOOO HARD WORKING JOURNALIST HAS BEEN CANNED FROM THIS SITE. WHAT WONDERFUL WORLD IT WOULD BE IF THAT WERE TRUE-NOTHING FROM HIM THE ENTIRE MONTH OF APRIL
The big problem with this article is that John Stewart is a really good joking reporter and Tucker is a really bad joke of a reporter. You're about 5 years late on this article, bucko. You should've taken your revenge back in '04. The other thing you should realize, Tucker, is that John Stewart didn't make a fool out of you....YOU MADE A FOOL OUT OF YOU. Why you still have a career is a mystery to me...
AS PER TUCKERS "BOW TIE" AS I UNDERSTAND IT THERE IS SOME CONFUSION FOR THE NECESSITY OF IT .
FROM A FASHION SENSE ... A TIE WOULD NOT COMPLIMENT THE LINE OR SILLUETTE OF TUCKER CARLSON... BECAUSE IT WOULD LOOK AS IF... SO ANYWAY I USED TO LISTEN TO DON IMUS LIKE CAN WE DISCUSS THIS FURTHER
Tucker Carlson making observations on someone else being a prig? Delicious!
Was there anything more predictable than Tucker Carlson, still stinging from being call a d*ck all those years ago by Stewart, rushing to Cramer's rescue?
Wow, once a d*ck, always a d*ck
Stewart isn't a comedian anymore. He's a media critic, and a good one.
Television journalism has been terrible for an extremely long time which is sad because it doesn't have to be that way. Video can be so compelling and convey just as much information as a newspaper article if done right.
It always disgusts me when a TV personality tries to stick up for their shoddy work, but I guess you can't blame them. What else are they going to do?
"Cramer hadn't mentioned derivates or securitized loans or credit default swaps, or any of the other exotic financial instruments that caused the fall of AIG and the current recession. There's no evidence that Jim Cramer had anything to do with any of that, and Stewart didn't offer any."
That's because Stewart was making a point, likening the behavior. He wasn't directly saying Cramer caused the current crisis.
And I'll make the same point to you that Stewart made to you five years ago: He hosts a comedy show, not a news show. Interesting you work for MSNBC and you're defending CNBC. Also interesting that you're writing this slam piece against the person who is most responsible for Crossfire finally being canceled.
Jon Stewart is just another political mouthpiece who doesn't have the guts to run for office. Instead he uses his talk show as his bully pulpit.
Just another Rush Limbaugh -- except Rush knows that he's just a talk show host.
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Get with the program Tucker, the same old carping doesn't get it with viewers. Stewart got to the point and spoke for a boatload of people, asking the questions they wanted asked. You wish you had a point.
Cramer deserves to be the object of these inquiries. Common to both of you is an overabundance of self-importance.
Jon Stewart plays the role of court jester for America's political leaders. As often happened in the kings' courts in Europe, it was only the court jester that could expose the delusional beliefs held by the king through use of humor and satire. Any others would have their heads cut off for daring to expose the king. I find the Daily Show throughly entertaining and one of the most relevant programs on television. Where else can you find a program that exposes so much hypocrisy by our so-called leaders and laugh about it. Go get'm Jon.
Stewart has taken shots at democrats as well as republicans (see the coot off with Senator Byrd or his criticism just this week of the plan to put vets on private insurance that came from the white house) though, yes, republicans get it more. To be fair though, especially through the Bush years, republicans really had it coming. They still do, given that they only have "the power of no" with no real functional alternatives.
Just sitting in the cheap seats and shouting "you're doing it wrong" seems rather silly given how badly they ruined the economy between 2000 and 2006 when they ran the show entirely. I'm pretty sure it wasn't democrats who gave away 3 trillion in tax cuts primarily to the rich in 2001 or hundreds of billions year after year to insurance companies with the medicare add ons. If you're going to complain about balance, it might be a good idea to tell the party on the right to stop being self satire. Between Sarah Palin, Republicans in congress post election and Michael Steel/Rush Limbaugh it's like an all you can mock buffet.
Also Jon Stewart made none of the exact claims you are pointing to. He did not say that "fomenting" and other shenanigans are linked to AIG, but they are part of the larger picture of what is currently plaguing our economy. He also goes into depth on the 30 to 1 leverage which CNBC knew about but did not report on extensively. You're also wrong about CNBC and journalism, they are not there to report news, they are there to keep financial viewers. Long exposes on the evils of credit default swaps are less likely to interest stock traders and executives then stock picks and superficial market news, they were acting in their own interest putting the truth under the rug and they almost certainly knew it.
Tucker Carlson is very brave to dare to fault Jon Stewart who once upon a time made us laugh a lot in the Bush years and is now that deadliest of things - a comic who takes himself seriously and doesn't know enough to make his questions interesting or revealing.
While I'm a Stewart fan, I have noticed the trends Tucker brings up, and they are unsettling. If you are going to turn your show into a platform, "being a comedy show" does not exempt you from criticism.
Jon, I really love your work, and I think it matters. But my respect for you would be even higher if you applied your critical eye to the left as well as the right. Challenge us!!
Pathetic. Cramer's smarter than you. At least he realized what Stewart was talking about. I bet he won't be still trying to defend himself years later.
Tucker has about as much credibility as my left shoe. In writing this article, he's essentially broadcasting his long-held bitterness for Stewart. Way to go, buddy!
The only thing that's changed since Tucker lost a battle of wits with Jon Stewart are the lead-in shows.
Jon Stewart is the only force on televison with Colbert who actually criticizes this administration. It is not that one cannot criticize Stewart, one cannot criticize Obama. That Obama is doing much of what Bush did, changing a bit here and there Bush admin policies, but in the most minimal ways, Obama is bringing our country into an even worse debacle than Iraq. Afghanistan will make Iraq look like Disneyland. So go Jon and keep chipping away at our country's love affair with military aggression, Israel's apartheid, and anything that would dare suggest that things need to done much differently.
Or how Jon Stewart made me look like a bitch and got my show cancelled. SUCK IT TUCKER CARLSON!
Ban me if you must, because now amount of cursing is enough to contain my rage. I just broke my keyboard.
Tucker seems to be overliteralizing the intent of Stewarts riposts. Cramer was rightfully chosen as the very visible symbol of the incestuous complicity between business and the business media.
Our favorite bowtie conservative is probably still pissed about getting thrashed by Stewart on Crossfire a while back, and could have been overidentifying with Cramer's pant-wetting discomfort.
You still don't get it Mr. Carlson,
He is not the one who is supposed to be asking Obama or Kerry the tough questions, you are. He is supposed to ask them puffballs and get some laughs. He hasn't failed by doing that, that is what his show is supposed to be. Jon Stewart gets mad when televisions shows bill themselves as one thing and do another. CNBC said they knew all there was to know about finance and then acted dumbfounded as the financial system collapsed. At least one of those things is disingenuous. They can't be as brilliant as they claim to be and as surprised at the mess in which we now find ourselves.
back when you had a televisions show you did not do intelligent debate as you said you would. Instead, you sniped across the aisle with political hackery. Then you defended yourself to Stewart with what you wrote here about him being too easy on John Kerry. He does what he says he'll do on his show, maybe thats why he still has one.
Tucker Carlson! How dare you calling someone a Partisan Hack when you are one of the BIGGEST PARTISAN HACKS in Media!
With that kind of logic it is no wonder why you don't have a television show anymore and Jon Stewart still does. I think you are jealous that he is rather successful and everything you have done has FAILED!!!
You are not even good at blogging!
While I think Carlson's credibility is mortally wounded by his obvious brooding over his last encounter with Stewart, I can't help but think he's got a point... Not about the Cramer interview, but about Stewart challenging his audience.
The Daily Show has found itself a very comfortable spot nestled in with a demographic that is sure to keep coming back. I hate to think that Stewart, his producers and his writers have gotten lazy and proud.
I would disagree with the statement that he has *never* challenged members of the political left. In fact, I believe he does so quite frequently. But I definitely think it's worth watching to see how long it takes him and his crew to set their sites on the current powerbase.
Stewart's interview with Cramer was some of the best television I've seen in a long, LONG time. It was engaging, invigorating, and exciting to watch. My husband and I sat home and cheered from our couch, not being fortunate enough to be in the studio audience.
Yes, the people that watch The Daily Show on a regular basis are fans of Jon, and the people that disagree with him or find him distasteful are free to exercise that most inalienable of rights: CHANGE THE CHANNEL.
Not me, though. I'll be watching Jon for a long time.
He's an intelligent mix of satirist, comedian, and journalist, and he's at least not afraid to say what he really thinks, which is more than I can say about the bulk of our media and our public-office holders today.
Carlson, YOU'RE a walking joke. One interview by Stewart is more than worth your entire "career."
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Jon Stewart succeeds at being funny and poignant more than any other talk show host.
The News Media hasn't been that good at their job in years. Want proof? Why is it that all the major news networks always same to have the same stories as one another? Are there really that few stories to chase? It's laziness. Groupthink. Or, perhaps, lack of corporate investment in true investigative journalism. Want more proof? Watch Dan Rather Reports. Say what you want about his past, but he's taking on stories now that NO ONE else is, especially with such depth. And the worse proof of all, the free pass the Bush White House got for his administration's ethics and performance, which is slowly unraveling into one long scandal. The press simply stopped investigating and asking questions and continue to let themselves be spun.
The fourth estate is as ill as our economy.
No, it is sicker than the economy.
Thank you.
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