Let the (dumb) markets speak
I am a fan of Jon Stewart and his satirical news show, “The Daily Show“. While it’s not as clever (or funny) as some of the British shows (such as Mock the Week, or Have I Got News For You), it does often have great moments of clear insight into what’s going on in America. It is a great example of the powerful use of parody as a political tool.
One of the most pieces they’ve ever done on the show was aired earlier this week, and showed just how wrong the Wall Street pundits have got it over the past few years. Now that the US government is trying to put some controls on Wall Street, it’s frothing at the collective mouth. But it’s all bluster and fury, signifying nothing, as Jon Stewart and co so brilliantly point out. Enjoy the two video extracts from the show on 4 March. Links are below:
CNBC gives financial advice
Link to video if you can’t see the item below:
Video 2: The Dow Knows All
Link to video here
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Check out how this insert at The Daily Show escalated over the week and ended in a face to face with Stewart and Cramer. See it at: http://www.connectioneconomy.com/2009/03/15/the-day-i-saw-the-future-of-the-news/