Anyone who isn’t a fan of Jon Stewart’s will enjoy reading the whole thing.
.... If you want to have Cramer on your show and bully him for sticking his neck out and being spectacularly wrong in hindsight, fine. Perhaps he deserves it, and certainly it’s not hard to see Cramer as emblematic of Wall Street arrogance. The problem is that Stewart’s critique of Jim Cramer, or of the financial press in general, is not new or particularly relevant — banks have been collapsing for a year. It only became an issue when Stewart wanted to delegitimize Santelli and Cramer’s comments on the Obama administration.
Stewart wants to use bad stock picks to question the motives of financial observers who are now saying the Obama administration has botched its handling of the crisis. But, ironically, Stewart is the one now risking his own neck with a shaky prediction. Anyone want to bet on whether or not a year from now Stewart’s pro-Obama boosterism will look foolish?
... It’s been obvious for some time that Stewart is too busy grinding his partisan axe to properly hone his once considerable comedic sensibilities. He can’t even try to cut a gasbag such as Jim Cramer down to size without coming off as self-important and, worse, unfunny. Maybe before Jon Stewart starts accusing anyone else of hurting America, he should tell it to the man in the mirror.
Here's an earlier take on the feud: