
After sheepishly saying "I got a lot of things wrong" on The Daily Show, Jim Cramer finally countered Jon Stewart's attacks on The Today Show, after NBC Universal chief Jeff Zucker called Stewart's attacks "unfair", "absurd," and "completely out of line." Cramer was a wee bit late with this response, and Meredith Viera isn't Jon Stewart, but hey...
As bad as The Daily Show made him look, we can't say the guy's totally wrong. Especially about this part:
CRAMER: I think that there are
people who bear so much more responsibility that it's just wrong-headed -- the
politicians, the regulators, the SEC, the lenders, the investment banks. I mean,
listen to AIG. I mean, you're going to compare the media to AIG? There's some
people who really should get in line to do -- to really take the responsibility.
And the media, it's just a naïve focus. It really is, Meredith.
Is that ducking responsibility? Sure. But Jim Cramer really isn't responsible for this mess. This is not The Man. This is a bald guy on CNBC who yells catch phrases and honks horns. Does Jim Cramer bear some responsibilty? Sure. He admitted as much. But very few people saw this coming. And no one was looking to Jim Cramer to be a "watchdog." Everyone was looking to Jim Cramer to tell them how to make ridiculous amounts of money. That's what we all wanted, it's just not what we got. Yes, the shit hit the fan. Blaming Jim Cramer now is like picking up the shit and throwing it back at the fan.
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