A Savy Bunch

I have been following the wingnuts' collective attempts to explain why their boy Cramer got squashed by Jon Stewart last week. Basically it boils down to arguing that Stewart really only decided to go off on the business "journalist" crowd when they attacked Obama, and that Stewart is an ass who is not funny. Neither charge is true, of course. The defense of Cramer also incorporates a hefty amount of "Cramer is the clown of business reporting," which kind of means that CNBC is running a show that they don't actually expect anyone to pay attention to.

Fortunately, this line of argument was advanced by John Nolte, regular at Big Hollywood. In order to write for Big Hollywood, you have to demonstrate the ability to take the simplest right-wing talking point and mangle it enough that you manage to discredit the argument for everyone but the most harcore. In that sense, Big Hollywood acts as something of a proving ground; if you can read the articles without laughing out loud, you are indeed a true wingnut.

Here's John Nolte explaining why no one really took Jim Cramer seriously, after the stock market has lost 50% of it's value in the last year:

People who have reached a time of life when they’re in a position to invest are generally a pretty savvy bunch able to discern and make decisions on their own, it’s those not fully formed we should worry about, which is why Jon Stewart’s detached irony and refusal to honor anything other than his own outrage is much more of a pox on society than CNBC.

Those of us who have lost money in the market or watch CNBC for financial advice are "not fully formed" and are in great danger of falling prey cynicism of the Stewarts of the world. Heaven help us.