I'm not sure what is going to happen to Jim Cramer after his disastrous interview on The Daily Show, but I would not be surprised if he not only loses his ridiculous show on CNBC but loses his career as a media personality altogether.
Not only was he self-serving, rationalizing, and basically defenseless in the face of Jon Stewart's very cogent and well-reasoned criticism and anger, but several video clips exposed him as a bald-faced liar and a man without scruples.
I think it would be hard to overestimate at this point the role Jon Stewart plays in the national conversation and the public psyche. His dressing down of the hosts on the CNN show Crossfire effectively ended that show, and I think there's a real possibility that CNBC will not recover from Stewart's laugh-laden expose of their gross negligence and charlatranry.
Not to get too overwrought, but Stewart's a national treasure; he's the closest thing to Edward R. Murrow we have in this age of multi-national, profit-driven news.
Here are some clips of the prelude that led up to the encounter.
Linateria: