THE TAKEDOWN PART III: The Subprime Party And The Legacy Of Smug (Jon Stewart)
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Wow, ignorant people believe your claim that poor people took down the economy. Somehow the poor people and Barney Frank forced banks to make loans they didn't have the ability to repay. And that predatory 1% down borrowing. All the financial industry could do to recoup was to spin the bad loans off into derivatives. They needed to protect themselves with credit default swaps. Being completely defenseless against the greedy poor they could only console themselves with multi-million$ bonuses.
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same way. To be fair though, later in the segment, jon stewart starts bashing cramer for being eccentric on his show, which that i will say crap cause the guy is just trying to get ratings, i get that. But as a whole can we at least agree that financial television networks should educate the public better, and hold accountable all those that are reponsible for gargantuan financial nightmares simply for their own financial gain
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huge flaw in your logic is that the almost 30 year old veteran of wall street with a flayboyancy and ego of Jim Cramer would sit there and be browbeat by jon stewart, it wouldn't happen. And to sit there and say, "A legacy of smug" by playing comments of his from 2004 (election year mind you) and then filling in the rest 8 minutes of suckfest with the "IDK Girl" from another BS video of a group of politically unintelligent people, from one place in america as to say all obama supports are the
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sure because poor people control Washington. Ya, poor people caused the crash because they got too greedy. wake up Wall Street has swindled America and you're trying to blame the crime on the poor people who got swindled
look who wrote the financial regulations Wall Street is a street of thieves and they run Washington for their benefit. You are right about Dems being just as corrupt as GOP. Both parties are whores for big business.
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Obama tries to extend health care to all Americans and put an end to hideously greedy and corrupt HMOs, doctors, and PharmaCorps and somehow he's the bad guy??? Stop bickering and start rebuilding. Oh, wait! There's no profit in that, so just continue in your little hand-basket ride straight to heII. You'll all be speaking Chinese in less than 100 years.
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fffsdfgsdfg
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lol at the right. Jon stewart is a comedian and he still practices journalism better than fox.
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lol
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Thank god Obama is tanking...
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Stewart is part of the problem. The leftism he subscribes to has caused this economic trouble. So what does he want - more government of course. It is so easy to be a leftist, whatever the question is, the answer is always more government. Get a clue people.
therealcaptobvious 2 years ago 15
Whoever you are, you're doing a great job. these are great videos. Keep them coming.
mrltavern 2 years ago 14