• Steve H. Hanke
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    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Jon Stewart Explains The Greek Crisis To The Great Unwashed

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Thu, 06/23/2011 - 12:32 | 1395317 oogs66
oogs66's picture

so now the only places to get credible financial information are:

Zerohedge

Vanity Fair

Rolling Stone

and the daily show?

though I have to admit, I still find bloomberg credible most of the time

Thu, 06/23/2011 - 12:43 | 1395343 augie
augie's picture

Listen, You guys got me once with this vanity fair crap, it's not happening again. 

http://www.youtube.com/watch?v=eKgPY1adc0A

Thu, 06/23/2011 - 12:50 | 1395371 oogs66
oogs66's picture

and to think I almost miss him as president

Thu, 06/23/2011 - 13:36 | 1395544 augie
augie's picture

The guy is directly responsible for a lot of what ails me and i feel the same way.

I feel like a battered woman. 

Thu, 06/23/2011 - 13:51 | 1395620 flacon
flacon's picture

"I have abandoned free market principles in order to save the free market" ~ Bush

 

"I have abandoned a celebate lifestyle in order to save my virginity"

Thu, 06/23/2011 - 16:25 | 1396410 macholatte
Thu, 06/23/2011 - 13:11 | 1395481 fonestar
fonestar's picture

RT?  Or is that just counter-propaganda?

Thu, 06/23/2011 - 14:34 | 1395557 GoinFawr
GoinFawr's picture

It`s your responsibility to glean and back check. Even the most egregious lies require a grain of truth to remain plausible and even the biggest liars have to abandon making false claims once in awhile or risk losing all credibility. You have to separate the wheat from the chaff.

Careful: "Too much information"

Fri, 06/24/2011 - 02:04 | 1397717 marsovka
marsovka's picture

Have you watched it?

It telled the truth just the funny way :D

Thu, 06/23/2011 - 12:36 | 1395318 bob_dabolina
bob_dabolina's picture

All I know is silver will be @ 49 tomorrow, than to $0 with infinite volatility.

Thu, 06/23/2011 - 12:37 | 1395323 Cognitive Dissonance
Cognitive Dissonance's picture

Jon Stewart dumbing it down to the dumbed down. :>)

Thu, 06/23/2011 - 12:40 | 1395347 Temporalist
Temporalist's picture

The problem with the humor is that the people laughing still don't get that they're fucked.  They are laughing at losing their savings, pensions and buying power.

Thu, 06/23/2011 - 12:50 | 1395365 Cognitive Dissonance
Cognitive Dissonance's picture

I've been down so long it looks like up to me.

http://www.youtube.com/watch?v=stp2hCsOFGY

Deep seated denial usually involves laughing at our own fucked-hood. Make no mistake about it, most people understand we are all in deep shit. But when we have been bred for abject apathy over several generation there isn't much left except gallows humor and one last party.

Thu, 06/23/2011 - 12:50 | 1395376 Temporalist
Temporalist's picture

Sorry I can't reply right now I'm waiting in line for the iPhone 5.  First!

Thu, 06/23/2011 - 12:57 | 1395398 Forward History
Forward History's picture

I am convinced smart phones like that contain some sort of narcotic, numbing substance. Everyone I know with one can't stay off the damn things.

Thu, 06/23/2011 - 13:02 | 1395425 Cognitive Dissonance
Cognitive Dissonance's picture

Actually it (TV, smart phones, iPads, iPods, computers etc) is just the delivery system for the actual narcotic.

The drug itself is instant gratification and fulfillment. Constant pushing of the pleasure button guarantees addiction. We are all wired up like pleasure seeking rats who push the button endlessly.

Thu, 06/23/2011 - 13:09 | 1395454 fallout11
fallout11's picture

Well put sir!

Thu, 06/23/2011 - 13:12 | 1395468 fonestar
fonestar's picture

Give me dopamine laden neuro-transmitters or give me death!

Thu, 06/23/2011 - 13:31 | 1395547 Cognitive Dissonance
Cognitive Dissonance's picture

For the bumper snicker could we shorten that to.....

"Give me free-dope or give me death!"

Thu, 06/23/2011 - 14:01 | 1395642 DoChenRollingBearing
DoChenRollingBearing's picture

I'll drink to that!

Strange bedfellows Ron Paul and Barney Frank just issued a proposal along those lines, er, dried leaves...

Thu, 06/23/2011 - 13:22 | 1395501 piceridu
piceridu's picture

Alpha Waves bitchez!

Thu, 06/23/2011 - 13:29 | 1395539 geekgrrl
geekgrrl's picture

I couldn't agree more... We have this comic on our fridge...

http://goodmenproject.com/good-feed-blog/no-exit-traps/

Thu, 06/23/2011 - 14:34 | 1395787 gabeh73
gabeh73's picture

Well I use my Iphone to check zerohedge. I'd be better off just thinking about work projects more...make more money, hide more silver and quick fucking around worrying about what politicians SHOULD do when we know good god damn well they aren't going to do anything good.

Thu, 06/23/2011 - 14:34 | 1395789 pstpetrov
pstpetrov's picture

Very well put sir!!!

Thu, 06/23/2011 - 12:58 | 1395426 bankruptcylawyer
bankruptcylawyer's picture

i like jon stewart and all as a 'comedian' but he is a bullshit artist , his brother is just another wall street guy milking the printing press, and stewart is another liberal apologist for wall street. 

 

yea, he talks a lot of smack sometimes, but actions are louder than words. i wouldn't look to stewart as someone to derive support from. in the end, he stands with the networks, who stand with the banks, because this is who pays him. 

Thu, 06/23/2011 - 13:06 | 1395459 LasVegasDave
LasVegasDave's picture

+1

stewart is a charlatan

and most people are too dumb to notice

Thu, 06/23/2011 - 13:16 | 1395486 TreadwCare
TreadwCare's picture

And credit to him for fully admitting it.  He makes no bones about this in his interview with Chris Wallace on Fox.

Thu, 06/23/2011 - 13:37 | 1395549 The Profit Prophet
The Profit Prophet's picture

Uh...correction...Jon Stewart is a very arrogant man who is unable to see an issue from all sides.  When and if confronted with an inconvenient truth from the conservative side of wisdom spectrum - he resorts to name-calling like all other blind progressives.

T.E.I.N. everyone! 

Thu, 06/23/2011 - 14:50 | 1395853 Terminus C
Terminus C's picture

Unlike Ann Coulter or Rush Limbaugh who carefully entertain and debate issues with reason and respect.

Thu, 06/23/2011 - 15:00 | 1395902 d00daa
d00daa's picture

*straw man alert*

Thu, 06/23/2011 - 14:58 | 1395904 The Profit Prophet
The Profit Prophet's picture

Um...no...he is exactly like them....only from a Progressive point of view with a much more witty foundation from which to work.

T.E.I.N. everyone

Thu, 06/23/2011 - 13:17 | 1395488 Cognitive Dissonance
Cognitive Dissonance's picture

The true test of a truth speaker is what they doesn't talk about rather than what they do. Ultimately there are several subjects Stewart will not talk about, let alone joke about, at this time if he wishes to remain on the air. The mainstream media understands where the do-not-cross lines are buried.

From his point of view this isn't a problem. The world is full of 'acceptable' subjects to skewer. Why threaten his career by stepping on a third rail when he has nearly the entire train station to play in. This makes him nothing more than controlled opposition.........if he can even be called opposition.

Thu, 06/23/2011 - 13:26 | 1395528 carbonmutant
carbonmutant's picture

 Another puppet, Send in the clowns...

Thu, 06/23/2011 - 14:24 | 1395751 nobita
nobita's picture

I agree CD, I have been watching almost every episode of the daily show for eight years now, but lately I have lost intrest. The man is a coward frankly.

He has built up enormous credibility with young people and he needs to use it now. Hiding behind "im just a comedian" is extremely insincere. Very few people in media tell the truth, he is one of them, but he just scratches the surface.

This might have been okey in better times but not now.

 

Thu, 06/23/2011 - 13:14 | 1395494 The Profit Prophet
The Profit Prophet's picture

Fully agree.  He's probably a huge Krugman fan....and he likely worships the ground that Ayn Rand scurried accross - not because of her cool new spin on laissez-faire capitalism...but because of her strong anti-religious views.

T.E.I.N. everyone!

Thu, 06/23/2011 - 13:20 | 1395515 piceridu
piceridu's picture

+1525...he's the other side of the propaganda mouth...

for a dose of reality Greek perspective: 

http://sturdyblog.wordpress.com/2011/06/18/democracy-vs-mythology-the-battle-in-syntagma-square/

 

Thu, 06/23/2011 - 13:43 | 1395575 goldfish1
goldfish1's picture

totally agree. who's junking?

Thu, 06/23/2011 - 13:30 | 1395529 Dr. Porkchop
Dr. Porkchop's picture

Who has time to worry about politics or the future, there's a bunch of birds that are really angry at pigs, or something.

Thu, 06/23/2011 - 15:09 | 1395944 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

Hey man, your Black Swans are crapping on my PIIGS...

Thu, 06/23/2011 - 14:52 | 1395863 traderjoe
traderjoe's picture

Does it come in white?! Score!

Thu, 06/23/2011 - 13:03 | 1395431 zeneta
zeneta's picture

This is an accurate portrayal of the state of we are in.

 

"Your wise men don't know how it feels,,,,To be thick as a brick"

http://www.youtube.com/watch?v=toHlMD50eYY

Thu, 06/23/2011 - 13:14 | 1395495 DosZap
DosZap's picture

CD,

Dumbed down is a relative term.

I think a LOT of Americans laugh at things like this, because of #1 Denial..............

They know we're in deep caca, just not sure which wat to go, think, or act.

So, they use diversions to keep their minds off reality.

I call it the Ostrich with it's head in the sand syndrome.

I have a friend that's lost thousands in the chinee market ,I have done all but get on my knees begging him to get out of paper, and into physical PM's.

He knows the score,yet he has YET to buy ONE ounce of any PM.

He's lost tons(after huge gains) on the Chinese Mkt, and still he refuses to get real money..............it's like, what else does it take to see where we are, and where we're going?.

WTFU.

Thu, 06/23/2011 - 13:29 | 1395525 Cognitive Dissonance
Cognitive Dissonance's picture

Dumbed down is a relative term.

I agree. There is dumb and dumber.

Of course it is a relative term. And this relativity is precisely the mechanism we all use to remain in denial, including all of us here on ZH. We are not supremely enlightened with everyone else hopelessly stuck in the dark ages. In fact for us to proclaim that we know what's going on and then proclaim there is nothing we can do is in some respects simply showing our deeply conditioned apathy and impotence as opposed to those who don't know the real score.

At least 'they' can claim some sort of ignorance, willing or otherwise, for not pushing back. What's our excuse? 

Thu, 06/23/2011 - 13:59 | 1395645 Turkey
Turkey's picture

+1,000.  So I want to hear some nominations for "Best Truth Teller on the TV".  Saying there are none is a cop out.

Thu, 06/23/2011 - 14:31 | 1395767 nobita
nobita's picture

Dylan Ratigan?

Thu, 06/23/2011 - 14:44 | 1395821 Turkey
Turkey's picture

Worthy choice I'll take it.  I'm a huge fan of his "Is America for Sale" series, to pick out one of his many good deeds in information dissemination.   This group got anyone else or we already past this exercise in whining about Stewart not saving the country singlehandedly for us?

Thu, 06/23/2011 - 14:49 | 1395849 mortiis
mortiis's picture

I just logged in to throw Dylan's name out there... the page refreshed and there it was!  I don't always agree with his conclusions but he at least seems like he's not purposfully misleading.

Thu, 06/23/2011 - 14:59 | 1395896 magis00
magis00's picture

George Carlin. 

Thu, 06/23/2011 - 17:08 | 1396561 Sweet Chicken
Sweet Chicken's picture

This used to be my number one answer. Sadly I now think it's Jon Stewart.

Thu, 06/23/2011 - 18:18 | 1396779 Cultural Capital
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