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Mar 12

The Incredible Santelli (UPDATED)

Posted on Thursday, March 12, 2009 in finance

If good looks was a minute/ You know that you could've been an hour- Smokey Robinson, 'The Way You Do The Things You Do'

In the video, Jon Stewart descends with furious righteousness on the CNBC network. As we’ve covered already, CNBC is the forum for the disease which is strangling our economy. The network wants to define itself as the place where Wall Street is the victim in this mess. We all know that this is false. Wall Street created this mess, and it is we taxpayers who are bailing them out from their egregious losses.

Yet again, Jon Stewart stands as a bulwark of reason against those who wish to confuse the public with populist hokum. If only more media outlets distanced themselves from their corporate teet and gave the true facts of this crisis, we might be able to have some enlightened discussion instead of panic and partisan talking points.

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