One Day Jon Stewart "Will Answer" for All His Truth Telling

Somehow, Jim Cramer finds the courage to speak publicly:

"No one wants to suffer a beat-down. No one wants to be humiliated or embarrassed. I was shocked at [host Jon Stewart's] behavior. I wish he knew about my background, and I wish he knew about a lot of things that I had done, because I think he would've thanked me instead of attacked me...I think the attack on CNBC and the attacks on me were gravely misplaced. It was rather remarkable in that it was so clear that his goal was to just destroy me. One day he'll answer for it."

If I remember the show correctly, Cramer actually gave that speech about all the good stuff he does and how he should be thanked for all his work exposing fraud in the financial markets on the Daily Show. Then Jon Stewart proceeded to play clips of him advocating stock manipulation and other ways of illegally gaming the system. Cramer sat there at a loss for words, looking as humiliated and embarrassed as you'd expect an exposed liar on national television to be.

And then Jim Cramer went back to his daily show and TV appearences, as we resume our existance in an alternate reality where Jim Cramer is a market guru and Jon Stewart is a egotistical asshole who needs to be taken to task. We live in a media climate where simple fact based realities like "being right" vs "being wrong" have no importance whatsoever.

Cramer's Day of the Stewarts

photo by REUTERS/Anders Krusberg-The Martha Stewart Show/Handout

For our second humorous note of the morning, photo editing blog BAGnewsNotes adds the following commentary to the above picture of Jim Cramer and Martha Stewart:

I wonder what the chances are that Jim Cramer will actually clean up his act given that he spent the morning of his Jon Stewart interview making dough with perhaps America's most famous and unrepentant insider-trading convicts. And then, the symbolism is classic, isn't it, the two of them actually making dough together? (Or, making dough making dough, I guess.) (And that's not even bringing up how Martha told Jim just to pretend he was pounding on the other Stewart.)

And indeed, to say the least, whosoever chose to put Cramer on stage with two Stewarts in the same day – one who is quite famous for her insider trading, the other who was openly planning to eviscerate him on national television – was probably not thinking with the imaging/branding part of the corporate brain.

Or, just maybe, they were. What comes next for Mr. Cramer, after all?