I’m a contrarian by nature so it comes as no shock that while I make no secret that I enjoyed the Cramer train wreck as entertainment I wasn’t a huge fan of the message that was sent.I’ve heard this message echoed back in the office that the Daily Show is about the only place to get real news. Really 🙂 Here’s a more realistic evaluation from “Better living through software” blog.
If it took a Jon Stewart show for you to realize that Cramer is a clown, you are not the sharpest pencil in the box, and you have no right to feel smug.
You can see it in the comments on the original post,that people seriously believe that this is a credible venue for news/analysis. Throughout this mess no one seriously has questioned why 401k’s exist in the first place.Talk about benefits, entitlements are a real distraction from the main issue. We were forced into 401k’s, to use professional money managers , hah! and to pay for the retirement of others or pay a penalty for arranging our own security. Until we get back to basics on why we need an intercessionary relationship between our labor and future security it doesn’t matter who plays piggy in the middle.