March 17, 2009Poison Phrase of the Week No one could have seen it coming – and the court jester is the smartest one in the kingdom
Jon Stewart did it again. Years ago he called out the anchors of the now defunct show Crossfire for their adversarial reporting. This week Stewart made news again by calling out Jim Cramer for CNBC’s lack of accuracy in reporting the financial crisis.
Cramer repeatedly defended his reporting by suggesting that,
- No one could have seen it coming.
Where did we hear that before?
If you give the keys to the car to a drunk teenager and they kill someone on the highway, can you really say no one could have seen it coming?
Actually, many people did see it coming. They didn’t just listen to what they wanted to hear. They prepared. They knew better than to put their money with Bernie Maddof.
In the quote of the week above, Howell says anyone who believes Cramer is stupid. Note that, while Howell mentions that Stewart is a comedian, he does not say that anyone who listens to Stewart is stupid. Sometimes the court jester is the smartest one in the kingdom.
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