Comments on: CNBC Apologist Mike Hegedus Gets it Wrong on HuffPo http://www.kevinbondelli.com/2009/03/13/cnbc-apologist-mike-hegedus-gets-it-wrong-on-huffpo/ Youth Vote, Technology, Politics Sun, 05 Feb 2012 05:43:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Steve http://www.kevinbondelli.com/2009/03/13/cnbc-apologist-mike-hegedus-gets-it-wrong-on-huffpo/comment-page-1/#comment-48996 Steve Mon, 11 May 2009 19:47:55 +0000 http://www.kevinbondelli.com/?p=1151#comment-48996 Kevin Bondelli do you even have a clue why Jon Stewart called out Jim Cramer to begin with? Stewart attacked Cramer FAR more than CNBC, THAT is why he attacked back, his ratings were hurting!! He was caught telling people to BUY BUY BUY, when he KNEW that they should have SOLD SOLD SOLD. What does Mike Hegedus have to really do with this anyway? The Daily Show uses liberal biased humor to point out idiots in the news, and Jim Cramer was one of them. Nobody sees Jon Stewart as the "white knight of journalism," except for the people who don't even know what journalism is. He is closer to Jay Leno. But it's ok, go ahead and be part of the media puppets who report the fued for ratings...because that is what the debate is all about. Second rate amateurs who repeat the popular stories like you Kevin. You're right about one thing, this isn't a game. So maybe you should go play poker instead. Kevin Bondelli do you even have a clue why Jon Stewart called out Jim Cramer to begin with? Stewart attacked Cramer FAR more than CNBC, THAT is why he attacked back, his ratings were hurting!! He was caught telling people to BUY BUY BUY, when he KNEW that they should have SOLD SOLD SOLD. What does Mike Hegedus have to really do with this anyway? The Daily Show uses liberal biased humor to point out idiots in the news, and Jim Cramer was one of them. Nobody sees Jon Stewart as the “white knight of journalism,” except for the people who don’t even know what journalism is. He is closer to Jay Leno. But it’s ok, go ahead and be part of the media puppets who report the fued for ratings…because that is what the debate is all about. Second rate amateurs who repeat the popular stories like you Kevin. You’re right about one thing, this isn’t a game. So maybe you should go play poker instead.

]]> By: Ron http://www.kevinbondelli.com/2009/03/13/cnbc-apologist-mike-hegedus-gets-it-wrong-on-huffpo/comment-page-1/#comment-33260 Ron Sat, 14 Mar 2009 20:28:14 +0000 http://www.kevinbondelli.com/?p=1151#comment-33260 While I enjoy watching Cramer every night, one must remember the show is primarily entertainment. The financial networks exist to promote their advertisers financial and investment products. Who would expect them to warn about the credit bubble or coming Washington national debt collapse which will destroy much of the remaining private wealth in America today or what this will do to the dollar, the stock market, bonds, gold or the real estate market?<br><br> <br>China is now worried about their dangerous over investment in US Treasury obligations. Washington ’s long-term choice is either repudiation or monetization. For monetization to be effective, the depreciation in the dollar would have to be substantial and this in turn would dramatically raise prices of imports for American consumers which would mean a tremendous drop in foreign imports. Debt monetization would cause more disruption to exporting nations than selective repudiation of Treasury debt. <br><br>The Campaign to Cancel the Washington National Debt By 12/22/2013 Constitutional Amendment is starting now in the U.S. See: <a href="http://www.facebook.com/group.php?gid=67594690498&ref=ts" rel="nofollow">http://www.facebook.com/group.php?gid=675946904...</a> <br><br>Thanks, <br><br>Ron with 30 plus years in the investment business and banking industry. While I enjoy watching Cramer every night, one must remember the show is primarily entertainment. The financial networks exist to promote their advertisers financial and investment products. Who would expect them to warn about the credit bubble or coming Washington national debt collapse which will destroy much of the remaining private wealth in America today or what this will do to the dollar, the stock market, bonds, gold or the real estate market?

China is now worried about their dangerous over investment in US Treasury obligations. Washington ’s long-term choice is either repudiation or monetization. For monetization to be effective, the depreciation in the dollar would have to be substantial and this in turn would dramatically raise prices of imports for American consumers which would mean a tremendous drop in foreign imports. Debt monetization would cause more disruption to exporting nations than selective repudiation of Treasury debt.

The Campaign to Cancel the Washington National Debt By 12/22/2013 Constitutional Amendment is starting now in the U.S. See: http://www.facebook.com/group.php?gid=675946904…

Thanks,

Ron with 30 plus years in the investment business and banking industry.

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