Most of you probably have followed the controversy lately emanating from CNBC, the business network on cable.
First, Rick Santelli, a reporter and former trader at the Chicago Board of Trade had called the Obama administration onto the carpet over their mortgage bailout plan, for which he was roundly condemned by the major media and even called out by the president's press secretary wondering where it was that "he lived".
Last week, the host of Mad Money Jim Cramer declared that President Obama's financial policies were some of the greatest destructors of wealth in American history. Cramer has been a proponent of Obama in the past and is fairly liberal in his approaches to financial markets.
So he was even more shocked by the firestorm of criticism that came towards him from the liberal mainstream media sources, culminating with a foulmouthed and ridiculing attack from The Daily Show's host Jon Stewart.
For those that don't know, Mr. Stewart is the host of a show that presents a faux news broadcast on Comedy Central which frighteningly enough has been listed by many in their late teens to late 20s as being a major source of their news.
Mr. Cramer throughout the week seemed almost undone by the constant criticism from everywhere including ,once again the White House, the Today Show hosts and almost everywhere he was considered to be great until he dared voice an opinion contrary to that of the numerous press agents for the Obama administration at work in various media outlets.
After suffering these unaccustomed slings and arrows he appeared Thursday night on The Daily Show and meekly accepted criticism about his handling of financial market coverage from a comedian who was unable to even field a show during the writers strike since he doesn't write the majority of his own material.
It was a sad spectacle to see an expert in his field beaten and humbled so that he might be accepted back into the fold of the glitterati.
He even excepted instruction from Stewart that he should look deeper into the financial markets in the future; to which he agreed that he should.
Sad sad and disturbing.
