The Chicago Tea Party and Journalism’s Carcass (Pt. 1)

By Steven Tarlow, your stock market chicanery news source

It began with a Chicago Tea Party

tea partyFor those of you who don’t know this already, journalism is dead. Or at least mostly dead. The boundary between clear, unbiased reporting and entertainment has been shattered, and too few of us realize that we’ve been walking on broken glass for some time. At least clean up the place a little and bandage your feet. Then you can focus on or block out what’s been bombarding you. Think critically and create from the rubble the reality you’ve been denying yourself for lack of time, imagination, effort or courage. Think of it as a cash advance for your future.

There are too few members of the global edutainment media with the skill and determination to approach issues like the meltdown of Wall Street and get straight to the point. Jon Stewart, a self-professed entertainer and host of Comedy Central’s “The Daily Show,” has the focus that so many self-professed journalists lack. In recent weeks, Stewart has taken issue with the role of financial news networks like CNBC in the current economic crisis. But a fire started – mostly edutainment media-fueled – when CNBC pundit Rick Santelli announced a little Chicago Tea Party

The guilty throwing stones?

During a CNBC broadcast, Santelli proclaimed from the floor of CME Group in Chicago that the mortgage bailout package President Obama has put into action is an example of “government promoting bad behavior”

He went on to ask why we should subsidize “losers’” mortgages, and proposed that that kind of financial assistance should be given to “people who might actually have a chance down the road; people who can carry the water instead of drinking it.”

The well-paid CME Group analysts around Santelli applauded his elitist missive. Santelli crowed about how this “statistical cross-section of America, the silent majority” had spoken, as if financial analysts at a large firm in any way represent average Americans who were put out on the street because they dreamed of home ownership. CLICK HERE to see how Jon Stewart replied and began a “little war” with CNBC “Mad Money” host Jim Cramer!

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Discussion of The Chicago Tea Party and Journalism’s Carcass (Pt. 1)

This post has 3 comments

  1. Peter Stone says:

    Oh, man. I loved Cramer’s appearance on The Daily Show. That was perhaps the finest beating, metaphorically speaking, that Frazier got knocked out by Foreman. Down goes Cramer! Down Goes Cramer!

  2. steve says:

    Well it apparently has not made an appearance here. You have done plenty to point out a few right leaning biases now do your job and go to the other side. Maybe take some time to find out why the fasts growing parties are all independent leaning.

  3. steve says:

    fastest*

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