In just a few minutes — Jon Stewart destroys Rick Santelli’s opportunistic populist rant, plus he dumps stupid Jim Cramer into the garbage can. Both Santelli and Cramer work for CNBC — NBC’s financial news network that boasts anchors who are always wrong about whatever they say and/or forecast. “Their argument that Obama is responsible for the collapse of Wall Street is absurd,” says Robert Reich. First, every major policy that led to this collapse occurred under George W.’s watch (or, more accurately, his failure to watch). The housing and financial bubbles were created under Bush and exploded under Bush. The stock market began to collapse under Bush. — [ READ MORE ]
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