This page has been archived and commenting is disabled.

Jon Stewart On The Humor In The High Frequency Signing Scandal

Tyler Durden's picture




 

Just because every radioactive cloud has a humorous lining, here is how the event that will take home prices another major leg lower is made funny, thanks to Jon Stewart.

The Daily Show With Jon Stewart Mon - Thurs 11p / 10c
Foreclosure Crisis
www.thedailyshow.com
Daily Show Full Episodes Political Humor Rally to Restore Sanity
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 10/08/2010 - 11:17 | 635216 Lux Fiat
Lux Fiat's picture

We have " ...government of the people, by the people, for the people...", we just can't prove it.

Fri, 10/08/2010 - 10:44 | 635003 Mercury
Mercury's picture

I hereby temporarily withhold my universal disdain for all things Jon Stewart.  That was a perfectly serviceable survey of the this part of our ongoing national economic and financial disaster and yes John, we are fucked.

Although the implication at the end there that, oh yeah, Barry has things under control and we can rely on him to straight-arm big banks from doing whatever the hell they want,  is just a tad misleading.  Also, no mention of the fact that these defaulting homeowners owe big money to someone...most likely and/or eventually YOU.

If Stewart would apply this kind of clear-eyed analysis and humor to the more universal reality that most productive Americans are neither rich nor poor enough to afford Obamunism and if in general, he would just put down the damn cowbell he might actually do more good than harm.

At least he contributed to the notion that congressional incumbents need to be relieved of their duties.

Fri, 10/08/2010 - 10:26 | 635021 Kina
Kina's picture

Jon Stewart is a very clever man and a hoot. get a sense of humour.

Fri, 10/08/2010 - 12:22 | 635513 oddjob
oddjob's picture

So you are saying he is qualified for the U.S. Senate?

Fri, 10/08/2010 - 19:55 | 636928 StychoKiller
StychoKiller's picture

Worked for Al Franken!

Fri, 10/08/2010 - 10:35 | 635022 ebworthen
ebworthen's picture

Too bad Stewart perpetuates the fantasy that Democrats will save us from the evil Republicans/Capitalists by bashing Bush in the beginning and making Obama out to be the great protector in the end.  It is simple minded beliefs that perpetuate the scam.

Yes, I'm glad Obama didn't sign the "Vaseline" bill, but the Congressional Oligarchy of BOTH parties - neither of which care about America or the individual citizen or household - will ram or slip through another provision or bill in the middle of the night supporting the banks and their own interests.

Our supposed "representative" government is nothing but an illusion, they are actors who put on the political theater with us as the puppets - while selling our children's future and their own souls in the back rooms and catered banquets of D.C.

Time for revolt or slavery people; never been clearer.

There needs to be blood in the streets or the indentured servitude will progress to outright slavery (with flat screens and beer and football of course).

Fri, 10/08/2010 - 10:40 | 635060 John McCloy
John McCloy's picture

   I have to say they teed this up perfectly for the President to look like a he is finally doing something right. If he had signed that bill into law he may as well have said, "Folks you know by now I am not running in 2012 right?"

   I agree the Bush setup, bad guy bankers and savior Presidential actions do seem contrived. Does anyone else believe that the President had no idea what was in this bill while it was moving through Congress & The Senate? Why is a supposedly gridlocked congress capable of stealthily moving this bill that only benefits the bankers without a fart in the wind?

Fri, 10/08/2010 - 10:56 | 635106 gmrpeabody
gmrpeabody's picture

Written and rehearsed many times. Soon to be in political ads.

Fri, 10/08/2010 - 10:50 | 635095 cdude
cdude's picture

For what it's worth, Jon Stewart's brother is CEO of NYSE. A little "those bastards" cathartic comic relief but the take away is; as you put it: "...that Democrats will save us from the evil. 

Fri, 10/08/2010 - 11:44 | 635343 stickyfingers
stickyfingers's picture

I don't think Stewart is related to Duncan Niederauer,CEO, but he may be to Larry Leibowitz, COO.

Fri, 10/08/2010 - 12:24 | 635517 Treeplanter
Treeplanter's picture

You got it, eb.

Fri, 10/08/2010 - 10:34 | 635031 Spalding_Smailes
Spalding_Smailes's picture

Wow .... Mers , in the name of fraud.

 

Shareholders played a critical role in the development of MERS. Through their capital support, MERS was able to fund expenses related to development and initial start-up.

The following organizations are Shareholders of MERS.

http://www.mersinc.org/about/shareholders.aspx

 

 

http://stopforeclosurefraud.com/2010/09/22/no-theres-no-life-at-mers/

NO. THERE’S NO LIFE AT MERS

Aside from not recording assignments, Mr. Arnold failed to mention that the certifying officers given authority to execute sensitive loan documents would not be paid employees of MERS. This raises the critical legal question as to how one can act as a certified officer and execute any equitable interest on behalf of any security instruments without being an employee of MERS.

On April 7, 2010, in the Superior Court of New Jersey, MERS Treasurer and Secretary William C. Hultman gave an oral sworn video/telephone deposition in the case of Bank Of New York v. Ukpe.:

Q Do the assistant secretaries — first off, are
you a salaried employee of MERS?
A No.

Q Are you a salaried employee of MERS Corp,
Inc.?
A Yes.

Q Are any of the employees of MERS, Inc.
salaried employees?
A I don’t understand your question.

Q Does anyone get a paycheck, if they are an
employee of MERS, Inc., do they get a paycheck from
Mercer, Inc.?
A There is no MERS, Inc.

Q I thought, sir, there’s a company that was
formed January 1, 1999, Mortgage Electronic Registration
Systems, Inc. Does it have paid employees?
A No, it does not.

Q Does it have employees?
A No.

Q Does MERS have any employees?
A Did they ever have any? I couldn’t hear you.

Q Does MERS have any employees currently?
A No.

Q In the last five years has MERS had any
employees?
A No.

<SNIP>

Q How many assistant secretaries have you
appointed pursuant to the April 9, 1998 resolution; how
many assistant secretaries of MERS have you appointed?
A I don’t know that number.

Q Approximately?
A I wouldn’t even begin to be able to tell you
right now.

Q Is it in the thousands?
A Yes.

Q Have you been doing this all around the
country in every state in the country?
A Yes.

Q And all these officers I understand are unpaid
officers of MERS?
A Yes.

Q And there’s no live person who is an employee
of MERS that they report to, is that correct, who is an employee?
A There are no employees of MERS.

 

 

 

http://ftalphaville.ft.com/blog/2010/10/08/363801/mers-an-acronym-of-of-...

Fri, 10/08/2010 - 10:47 | 635082 Bob
Bob's picture

Damn, didn't Madoff at least have two employees? 

These idiots didn't even bother to maintain appearances!  But then, they explicitly explained their service as evasion of local title registration fees on mortgaged MBS properties . . . publicly, right on the website. 

Fri, 10/08/2010 - 10:30 | 635035 Kina
Kina's picture

God, this has degenirated into politics. Who cares the politics if he gets the message out there in a way people can understand. Makes no difference who is POTUS or in the Senate, its all the same.

Fri, 10/08/2010 - 12:33 | 635542 Treeplanter
Treeplanter's picture

It makes a huge difference.

Fri, 10/08/2010 - 10:32 | 635041 buzzsaw99
buzzsaw99's picture

Outstanding.

 

Pocket Veto = the first thing Mr. Obama has done right. CONgreff uber-sux.

Fri, 10/08/2010 - 10:33 | 635042 BoyChristmas
BoyChristmas's picture

Pretty sure you Stewart bashers watched one episode three years ago and then turned it off. Yes he rips the tea party a new one daily, and is no fan of repubs, but he too has become disillusioned with the dems and to some degree Obama. His biggest target? The MSM, just like ZH.

Get rid of your partisan v-chip, its right under the skin on your left ass cheek.  Just need to scratch real hard. 

Fri, 10/08/2010 - 10:43 | 635070 What a mess_man
What a mess_man's picture

I wholeheartedly agree Boy.  But you know those partisan v-chips are a real beyatch to remove right?

Fri, 10/08/2010 - 10:46 | 635080 BoyChristmas
BoyChristmas's picture

Best method is to drop trou on the street and ask someone to help. 

Fri, 10/08/2010 - 10:52 | 635098 tmosley
tmosley's picture

No.  I watched it every night, until the night Obama was elected.  It went downhill from there.

Hard to be funny when you have a guys dick in your mouth at all times.

Fri, 10/08/2010 - 11:03 | 635134 spekulatn
spekulatn's picture


No.  I watched it every night, until the night Obama was elected.  It went downhill from there.

Hard to be funny when you have a guys dick in your mouth at all times.

Well said, tmosley.

Fri, 10/08/2010 - 11:08 | 635163 BoyChristmas
BoyChristmas's picture

Really? Making fun of idiots who adore Glenn Beck and pointing out how corrupt banks our while we seemingly can do nothing is pretty funny to me. 

Fri, 10/08/2010 - 11:25 | 635259 gmrpeabody
gmrpeabody's picture

FYI...

Beck was all over the corrupt banks (as was RollingStone) eons before Stewart figured it out.

Not a follower of Glenns'..., I'm jus sayin.

Fri, 10/08/2010 - 11:26 | 635262 tmosley
tmosley's picture

I would rather not watch at all than to watch something that is half funny, when the other half is like pulling teeth.  It switches back and forth, so you can't just turn it off when he gets into an Obama love-fest.

At least the people who watch Glen Beck are trying to hit bottom.  For liberals, it's all business as usual.

Fri, 10/08/2010 - 19:47 | 636913 midtowng
midtowng's picture

"At least the people who watch Glen Beck are trying to hit bottom."

That can be taken in more than one way, and every one of those ways are sad.

Fri, 10/08/2010 - 12:03 | 635434 Spastica Rex
Spastica Rex's picture

Boy, you're riding that gay fellatio riff pretty hard.

Fri, 10/08/2010 - 15:20 | 636160 tmosley
tmosley's picture

So is John.

I can't express my disgust with him strongly enough.

Fri, 10/08/2010 - 19:48 | 636915 midtowng
midtowng's picture

+1

Some people here are a little beyond hope.

Fri, 10/08/2010 - 10:39 | 635058 cranky-old-geezer
cranky-old-geezer's picture

Interesting how John points out legislation screws the public but doesn't say who is doing the screwing, i.e. the banks.

Fri, 10/08/2010 - 10:39 | 635059 SheepDog-One
SheepDog-One's picture

South Park HFT episode was much better! OK your $100 is deposited....aaaaaand its gone. 

Gone??

Yea...gone.

Fri, 10/08/2010 - 11:17 | 635222 MaxVernon
MaxVernon's picture

Yeah baby!!!  http://j.mp/bmUGsC  I love the end of this clip - I just wish the MSM would actually do it!

Fri, 10/08/2010 - 10:44 | 635073 the grateful un...
the grateful unemployed's picture

Stewart is the Cronkite of our generation, the most trusted man on television. Think about it.

Fri, 10/08/2010 - 11:06 | 635155 -Michelle-
-Michelle-'s picture

the most trusted man on television.

That's setting the bar quite low.

Fri, 10/08/2010 - 11:27 | 635272 gmrpeabody
gmrpeabody's picture

You need a garden hoe to set a bar that low. ROFLMAO!!

Fri, 10/08/2010 - 12:08 | 635464 the grateful un...
the grateful unemployed's picture

Cronkite was called the most trusted man in America, but Stewart may be that too. We have come a long way, and all of it down, but the man is credible, his connection with people is genuine and he skews both parties equally, even if Repubs have no sense of humor. I feel that I am left arguing that humor is better than truth because it strips away the facade (see Colberts testimony to see what a bunch of stiffs the elected types really are) But its very hard to bomb another country and laugh about it, to conduct classwarfare and make a joke about it. He may not be ready to take Washington, but he owns the MSM corporate pretty boys, and can mop the floor with them. Flag me all you want, no nothings

Fri, 10/08/2010 - 10:45 | 635076 zot23
zot23's picture

The piece just after with Wyatt Cynak was even better IMHO.  He went to the ABA offices to talk about why strategic default is morally wrong (their position, not mine) only to find an empty HQ because ... they strategically defaulted on the loan.  Much hay is then made by the clever Mr. Cynak.

Fri, 10/08/2010 - 11:34 | 635301 Bob
Bob's picture

That was unmistakably funny!

Fri, 10/08/2010 - 10:48 | 635087 AssFire
AssFire's picture

Stewart is a perfect example of why middle America is disconnected from the left coast and the North East. I hope the country is split up, there is no hope for these people who have come to believe the liberal line- they need to hit bottom.

Sat, 10/09/2010 - 03:01 | 637417 Lednbrass
Lednbrass's picture

Yep, at this point the US is two or even three different countries shackeled together under a common political system and held together by force. It cant last and I don't think it should- time to end a bad marriage that isnt working for anyone.

Fri, 10/08/2010 - 10:47 | 635088 zloty owadow
zloty owadow's picture

Tension builds...the dots swirl....then: "This video is not available outside the Green Curtain..."

(white letters on black background)

Ha ha ha ha, hilarious! What a comic genius! I've never seen any Roman letters which are so funny, so on-point, and so....succinct - it only takes two seconds to see the whole thing. Too bad he can't teach this technique to US politicians, there's a problem with too much methane and they talk more than cows fart. Tyler, why don't you just block all IP addresses outside the Green Curtain? Or only US viewers are important in today's world, n'est-ce pas?

Fri, 10/08/2010 - 10:55 | 635103 Rusty Shorts
Rusty Shorts's picture

What the hell are you talking about?

Fri, 10/08/2010 - 11:04 | 635143 zloty owadow
zloty owadow's picture

You must live inside the Green Curtain, so you can't see what is happening - the video is only shown to US people, not allowed for others outside.

Fri, 10/08/2010 - 11:28 | 635278 Rusty Shorts
Rusty Shorts's picture

ahh okay, the video went something like this;

http://www.youtube.com/watch?v=WK6SS4ETHWQ

Fri, 10/08/2010 - 11:54 | 635395 Bob
Bob's picture

Wow, Rusty, I'm greatly grateful for the link.  What a revelation--I've been hearing such sentiments about the evil state piecemeal for a long time, but really couldn't relate.  Now I get it.  Not sure that I'll end up seeing things the same way, but I'm sure to be incorporating this kind of hypothesis into my thinking going forward. 

Thanks.

Fri, 10/08/2010 - 15:06 | 636118 DollarMenu
DollarMenu's picture

Thank you for that link, Rusty.

I really enjoyed watching the man's presentation, 

and I will explore his other offerings.

Great concepts, especially regarding the results of a coercive core to the monetary system.

Mon, 10/11/2010 - 01:50 | 640352 MontgomeryScott
MontgomeryScott's picture

geese!

This stuff is so funny, i had to go back and look up a video by the same genre...

Something about when he went into the 'life is just a fantasy' rant!

YUP, that's some great talk, but when the guys who own the helicopters and guns and DU rounds come a-knocking, what are you gonna do about it?

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

These guys are from Canada too, aren't they?

Mon, 10/11/2010 - 22:59 | 642377 Rusty Shorts
Rusty Shorts's picture

It's obvious, you did not listen to the man, he specifically talks about the coercive core of the monetary system.

Fri, 10/08/2010 - 10:50 | 635090 Deflationburger...
Deflationburger with Fleas's picture

How can anyone be so dense as to not find John Stewart funny?  Its unbelievable to me.  Perhaps some of you are the ones that are taking themselves too seriously.

Fri, 10/08/2010 - 11:31 | 635243 LMAO
LMAO's picture

Well, he makes some funny remarks about the gigantic shit-pile formerly known as the US economy, judicial and political system.

On the other hand it is rumored that on one occasion he incidentally or not backed over a turtle belonging to somebody connected to some political party thus turning everything related to JS into a political issue.

....and you wondered why nothing is getting done about corrupt politicians and their masters and a judicial system on the take?

 

We're too fooking busy looking at all kind of red herrings.

This one is on you Aldous Huxley.

LMAO

Fri, 10/08/2010 - 18:45 | 636796 Otrader
Otrader's picture

I think demographics plays a role.  The avg age for fox viewers, for example, I think is over 62.  For daily show is 41.

 

Fri, 10/08/2010 - 19:44 | 636909 midtowng
midtowng's picture

I think it goes hand-in-hand: the people that can't laugh at John Stewart are so wrapped up in their hard right political ideology that they can't see out of it.

Fri, 10/08/2010 - 20:24 | 636962 StychoKiller
StychoKiller's picture

"So often times it happens, that we live our lives in chains -- and we never even know we have the key!"  -- The Eagles

Mon, 10/11/2010 - 01:55 | 640357 MontgomeryScott
MontgomeryScott's picture

Oh, Jon, YOU are my DENSITY!...i mean, DESTINY!

Lots of Germans found Gorbell's rants about Churchhill being an 'English bedwetter' to be quite humorous, as well.

 

Fri, 10/08/2010 - 11:10 | 635172 Trifecta Man
Trifecta Man's picture

Wouldn't it have been easier to let those banksters just go bankrupt instead of bailing them out so they could try to double screw us with faulty court cases?

Fri, 10/08/2010 - 12:37 | 635555 Treeplanter
Treeplanter's picture

Yep.  The bailout remedy always makes it worse.

Sat, 10/09/2010 - 01:25 | 637346 Hephasteus
Hephasteus's picture

He just pushes as hard as possible without going crazy. Unfortunately he's pushing against crazy.

Fri, 10/08/2010 - 11:11 | 635174 Defenestrate
Defenestrate's picture

There is no denying that Stewart cried the night Obama won the election.

That said, he regularly expresses disappointment at what the administration is doing and often ridicules it. I think he was as hopeful and is now as let-down as many Obama supporters.

Doesn't quite count as a shill.

As for "only" reading what his writers write-- think you could deliver the same lines and make them funny? I sure couldn't. He's a comedian because of his delivery. He probably contributes to the material, but relies on writers for most of it. Just like every host of every TV show in America.

The genius of this team is being able to distill complex political and financial information into a 5 minute segmant that a non-MBA/poli-sci American can actually understand. And make it interesting and funny enough that they don't change the channel to yet another cop show.

I don't like Colbert as much. Probably too simple minded or old. But at least I admit it.

Fri, 10/08/2010 - 12:39 | 635565 Treeplanter
Treeplanter's picture

He's not a shill.  But jon pretends to be edgy while playing it safe. He would b lost without his writers.  

Fri, 10/08/2010 - 11:11 | 635179 JR
JR's picture

After the Sanchez incident, it’s hard to laugh at Jon Stewart’s mockery of anything while the truth exists that the “oppressed minority” occupies most of the seats of power in the financial industry, an industry that has come to dominate the core of the nation’s political and social power.

The Sanchez episode has been extremely enlightening for any American paying attention.  In spite of his sickening apology, Sanchez’s allegation that the occupants of control positions in the media are not an oppressed minority was dramatically correct. Obviously, his firing proves the point. 

The CNN executives knew that Dershowitz, Abe Foxman and the advertising agencies with their cancellation orders were just around the corner.  Now, anyone who says that there is free speech in America is more than mistaken; he is a part of the problem. Even Stewart jokes within the limits or else they will fire him, too, even if he is a Jew.

Yes, you have a right to free speech in America…as long as you don’t need a job.

Fri, 10/08/2010 - 11:15 | 635195 jesusonline
jesusonline's picture

Stewart is a shill for that “oppressed minority”, thumbs up JR.

Fri, 10/08/2010 - 11:19 | 635235 BoyChristmas
BoyChristmas's picture

One question, are all the good old boys from new england who go to prep school, then to an ivy league school, then to wall street all jews? Didn't think so. 

Fri, 10/08/2010 - 11:16 | 635212 SheepDog-One
SheepDog-One's picture

Poor oppressed minority billionaires.

Fri, 10/08/2010 - 11:13 | 635191 working class dog
working class dog's picture

Remember what Warren Buffett says be greedy when everyone else is afraid, and be afraid when everyone else is greedy,

As long as the Fiat currency system is in place, the only thing that will rise are real hard assets, gold, metals, buildings and real estate, Markets are about not being right or wrong they are about timing and taking profits, Markets will go up, and real assets will go up as long as the yield on treasuries drop and TIps rise.

Fri, 10/08/2010 - 11:31 | 635286 drchris
drchris's picture

I stopped watching the daily show 10 years ago for the same reasons I don't watch Bill O'Reilly.  It's mostly one-sided horse $hit.  I have to admit though, that was a really funny bit.  I'll never get how each side tries to portray themselves as the "good guys" when history has a mountain of evidence to the contrary.  

Fri, 10/08/2010 - 19:41 | 636903 midtowng
midtowng's picture

There's a difference: No one ever said O'Reilly was funny.

Fri, 10/08/2010 - 12:04 | 635439 Pedro
Pedro's picture

I don't like his politics at all, but, I think he is pretty funny.

Fri, 10/08/2010 - 12:25 | 635520 JR
JR's picture

Pornography is funny.  Obscenities are funny. Bankruptcy is funny.  Loss of one’s job is funny.  Loss of one’s house is funny.  Family crisis because of money problems is funny.  Loss of culture is funny. War is funny. And, finally, the funniest of all, the loss of one’s country to a group of private bankers who allow and promote an environment where there is no free speech.  hahaha

Fri, 10/08/2010 - 12:33 | 635539 Thunder Dome
Thunder Dome's picture

Bankers are funny.

Fri, 10/08/2010 - 12:05 | 635445 Spastica Rex
Spastica Rex's picture

Most. Boring. Thread. Ever.

Fri, 10/08/2010 - 12:32 | 635536 Hephasteus
Hephasteus's picture

I hope this one accidently dies in a server crash. But it'll be the best thread ever instead.

Fri, 10/08/2010 - 12:22 | 635507 Psquared
Psquared's picture

I just wonder how much longer this can go on? Currency debasement causing price inflation in assets, mortgage fraud, ZIRP, failure of capital formation, high unemployment, confused foreign policy (esp. Afghanistan) uncontrolled spending, deficits and debt and that does not even cover the attendant corruption in government.

Can we limp along like this for a few months, a few years or a few decades? Or will we simply wake up one morning and find martial law and/or chaos?

Wed, 10/27/2010 - 08:39 | 680113 daniel
daniel's picture

 

ucvhost is a leading web site hosting service provider that is known to provide reliable and affordable hosting packages to customers. cheap vps company believes in providing absolute and superior control to the customer as well as complete security and flexibility through its many packages................  windows vps Moreover, the company provides technical support as well as customer service 24x7, in order to enable its customer price. Thanks forex vps

 

 

Do NOT follow this link or you will be banned from the site!