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The Daily Show Correspondents Explain The Economy

Tyler Durden's picture





 

Just over a month ago, the intrepid correspondents from The Daily Show set out on a mission to educate the US public on what exactly 'The Economy' is all about. In their inimitable style they chose five topics to summarize such a broad subject: Banks; Wall Street; Recessions & Depressions; Trickle-Down Economics; and Economists. The challenge as always is to guess where the satire ends and the truth begins as so much of the following five clips is scarily close to the truth.

The Correspondents Explain - The Economy - Banks

Banks are like Giant F##k-You Machines...

 

 

 

The Correspondents Explain - The Economy - Wall Street

Wall Street is a magical place full of douche-bags and where all the super-villains live - you think it's a freeze-ray but no, its a CDS.

 

 

 

The Correspondents Explain - The Economy - Recessions & Depressions

A recession is when times are tough - a depression is the reason why your grandpa yells at you when you use more than one piece of toilet paper at a time.

 

  

 


The Correspondents Explain - The Economy - Trickle-Down Economics

Rock solid theory: "when its raining, people don't like to shop". The rich are above us, and if they drink from the fountain of wealth for long enough, then eventually some of that wealth will trickle out in a golden shower of prosperity.

 

 

 

The Correspondents Explain - The Economy - Economists

Why they are more than just nerdy, high-panted economic yodas with no accountability - and it really doesn't matter if they are right or if they are wrong.

 

 

 


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Mon, 07/09/2012 - 18:47 | Link to Comment inkarri9
inkarri9's picture

Hello - Can you please fix the links?  Thank you.

Mon, 07/09/2012 - 18:51 | Link to Comment akak
akak's picture

I, too, am always annoyed by Missing Links.

Mon, 07/09/2012 - 19:20 | Link to Comment Missing_Link
Missing_Link's picture

C'mon, akak.  I know you can do better than that.

Mon, 07/09/2012 - 19:28 | Link to Comment Arnold
Arnold's picture

Missing Links? Isn't that what Tiger was doing during his sabattical?

Mon, 07/09/2012 - 19:31 | Link to Comment Arnold
Arnold's picture

Hey, go easy on us 'Missing Links'.

Or is it we 'Missing Links'?

Tue, 07/10/2012 - 01:42 | Link to Comment Burnbright
Burnbright's picture

that was classic

 

Mon, 07/09/2012 - 20:05 | Link to Comment Clever Name
Clever Name's picture

Missing Links are a sham perpetuated by the liberal agenda.

 

Or Sasquatch Jerky?

Mon, 07/09/2012 - 18:58 | Link to Comment BandGap
BandGap's picture

The links are very dry, you will have to go fishing or bowling.

Mon, 07/09/2012 - 18:58 | Link to Comment Shizzmoney
Shizzmoney's picture

Rock solid theory: "when its raining, people don't like to shop". The rich are above us, and if they drink from the fountain of wealth for long enough, then eventually some of that wealth will trickle out in a golden shower of prosperity.

Why they are more than just nerdy, high-panted economic yodas with no accountability - and it really doesn't matter if they are right or if they are wrong.

I almost had to trick myself into thinking these were jokes.

The best comedy is ALWAYS rooted in truth.

Mon, 07/09/2012 - 19:12 | Link to Comment veyron
veyron's picture

Unfortunate that comedy central is the one spreading the truth ...

Mon, 07/09/2012 - 19:40 | Link to Comment Shizzmoney
Shizzmoney's picture

It's ironic b/c

A) The guy who is now one of the major producers of the show (Jon Stewart) wasn't even the 3rd choice they wanted to pick after Kilborn left, but he's probably done more for journalism in America than any journalist in today's "politically correct" era has.  And if you look at the times of peril in history, whether in Empires or Dictatorship, the sharp, vivid truth often comes from the satirists (you can also guess how those societies end up).

B) Viacom is a huge greedy douchebag and is one of the mega corporations contributing to the dumbing down of America and to the fall of our society (not for this show, but for its lobbying efforts).  It's why the links will eventually be taken off of this site (and youtube).

They realize that if the majority of people took this comedy seriously, which the people who know what's REALLY going on do (hence why we laugh), they wouldn't last for long.  But they also know that only 15-20% of the population get the humor in this way, so it doesn't really matter. 

Actually, I think the left-leaning Stewart is at his best during the years when Democrats are in office.  We all know how bat-shit 90% of Establishment Republicans are, and of course the comedy layup that was George W. Bush. 

But you really have to dig in and find humor (which sadly, is at the economic expense of the nation) to blast your own guy.  Stewart essentially inferred Obama was a "pussy" for not going all-in on Single Payer Health Care, which he campaigned on.  And he;s so right; if you are gonna campaing on an ideology (agree/disagree aside), stick to the fucking thing. 

That's why we love Ron Paul, because he may be so radical on things to many people, but at least the dude is fucking consistent and I know where he stands.  Even Stewart (who has had Paul on many times) once asked if if Paul could run as a Democrat in 2004 (b/c like Repubs now, who cant stand Romney, they can't stand Kerry and know he wont win) at a Comedy Central Politcal event.

Mon, 07/09/2012 - 20:35 | Link to Comment Flakmeister
Flakmeister's picture

A pretty even handed take....

Note that while JS calls FOX out on their lies and bullshit, he holds his most biting rhetoric for CNN, i.e. implying they are irrelevant and clueless....

Tue, 07/10/2012 - 11:13 | Link to Comment 5880
5880's picture

Jon Stewart makes $41,000 per day

Has 3 homes. 2 beachfront properties next to each other

Tue, 07/10/2012 - 07:30 | Link to Comment eclectic syncretist
eclectic syncretist's picture

Easily one of the best comedy central reports was "The Big Bank Theory"

http://www.thedailyshow.com/watch/tue-december-7-2010/the-big-bank-theory

A classic for the ages.

Mon, 07/09/2012 - 19:41 | Link to Comment Firing Pin
Firing Pin's picture

Wall Street is like a clay-target (skeet) shooting range. You are the clay target. The scumbag bankers are the rich men with over/under shotguns blasting you into bits, congratulating each other when they destroy you. 

Mon, 07/09/2012 - 22:26 | Link to Comment juangrande
juangrande's picture

"It's good to be the king! PULL!"

Mel Brooks, 'History of the World; Part 1'

Mon, 07/09/2012 - 19:08 | Link to Comment SheepDog-One
SheepDog-One's picture

Best analysis of markets, economics, banks......ever.

Mon, 07/09/2012 - 19:13 | Link to Comment moriarty
moriarty's picture

Anyone know how to access these clips in the UK?

Mon, 07/09/2012 - 19:20 | Link to Comment Temporalist
Temporalist's picture

Try finding them on youtube

Mon, 07/09/2012 - 19:44 | Link to Comment moriarty
moriarty's picture

Sadly no joy as has been my experiance in the past, but we can now get them on comedy central uk web site. Cannot finrd the episode in question though. Ces't la vie but thanks for the tip.

Mon, 07/09/2012 - 21:34 | Link to Comment Ranger4564
Ranger4564's picture

I believe it's the June 10th 2012 episode but looking on the UK comedy central webside showed that episode was missing / not listed with the others.  Barclays / BOE must have paid some big money to have that link removed. ;-)

Mon, 07/09/2012 - 20:27 | Link to Comment uranian
uranian's picture

go here, do what it says (take 30 seconds), watch video.

Mon, 07/09/2012 - 20:36 | Link to Comment uranian
uranian's picture

having spent a minutes digging that out so that i could watch it from the UK, i am just reminded of why i threw my TV away many years ago. tunlr does work against geo-restrictive sites, though, which is good to know (if you want to access something in the US).

Mon, 07/09/2012 - 21:32 | Link to Comment i-dog
i-dog's picture

Hey ... MANY thanks for that tip, good sir!!!! Works a treat!

Mon, 07/09/2012 - 19:28 | Link to Comment Jolly.Roger
Jolly.Roger's picture

These sidekicks are way behind Stewart and Colbert, comedy-wise and insight-wise.

Tue, 07/10/2012 - 07:48 | Link to Comment Sofa King Confused
Sofa King Confused's picture

Q: Does anybody know who jon stewart's older brother is?

A: Larry Leibowitz Chief Operating Officer of NYSE Euronext

Mon, 07/09/2012 - 19:27 | Link to Comment PrintingPress
PrintingPress's picture

If you're looking to think like a muppet waste your time watching this "humor". 

Mon, 07/09/2012 - 19:53 | Link to Comment Confused
Confused's picture

Let me guess, you knew all about monetary chicanery, and have been telling people for years. 

 

If you're looking to think like a muppet, continue using catch phrases you learned on the internet. 

Mon, 07/09/2012 - 20:39 | Link to Comment NidStyles
NidStyles's picture

Sorry, I learned what a Muppet was back when I was a kid watching the Muppet Babies. If you llike having hands up your ass, then you're a Muppet, likewise if you like perpetrating the ignorance pushed by these videos, you are a Muppet.

Mon, 07/09/2012 - 21:25 | Link to Comment Confused
Confused's picture

So I guess who ever posted the videos on this site is a muppet then? 

 

Naturally you've been calling people muppets for your whole adult life then. 

Mon, 07/09/2012 - 22:30 | Link to Comment NidStyles
NidStyles's picture

Whoever posted the videos is obviously either misguided, or a Muppet with political leanings. They are essentially the same, but one is worse because it's voluntary.

 

I call them how I see them. 

Mon, 07/09/2012 - 19:38 | Link to Comment meltdown
meltdown's picture

right click on the link and choose download to real player and it's magic. They play

Mon, 07/09/2012 - 19:53 | Link to Comment moriarty
moriarty's picture

sadly no joy

Mon, 07/09/2012 - 19:50 | Link to Comment dolph9
dolph9's picture

I don't care much for Jonathan Stuart Leibowitz.

Seems like a decent guy, but he's just not that good.  It's absolutely grating to watch him.

Mon, 07/09/2012 - 19:58 | Link to Comment Herd Redirectio...
Herd Redirection Committee's picture

I grade him a 65%.  He does good work, he comments on the right topics, he sends people in the right direction, but he stops short of being QUITE as critical or satirical (as the case may be) as he should be, IMO.  If he would just tell it like it is that LITTLE bit more people would maybe wake up, and "get mad as hell".

Mon, 07/09/2012 - 21:37 | Link to Comment dark pools of soros
dark pools of soros's picture

and do precisely what?  half his audience are on food stamps..  the masses are fucked sheep regardles..  the only change is when other smart people take over and then get promptly corrupted since they realize the masses are pathetic sheep and so get on the dole like the last crooks

there are only two ways things really change. Massive war to reset the global power structure and reduce the population... OR...  some new energy source that is way cheaper that spurs insane productivity and prosperity

 

Mon, 07/09/2012 - 22:34 | Link to Comment BKbroiler
BKbroiler's picture

derp

Tue, 07/10/2012 - 01:00 | Link to Comment palmereldritch
palmereldritch's picture

How about a massive war for a new energy source?...no, wait...

Mon, 07/09/2012 - 20:01 | Link to Comment Esculent 69
Esculent 69's picture

"Jon Stewart has probably done more for journalism in America then any other journalist in today's pc world." He is one of the reasons why people voted for Obama that decided to not do journalism in the lead up to the election of Obama.  He only reports on the economy or fast and furious only when the dear leader can't cover up the obvious and so as to not look biased he then selectively reports on the events without drawing the obvious conclusion.  Remember, Stewie said on Chris Wallace that he doesn't tell the truth to his audience and that his comedy is based on his political ideology. Coimmunists come in all shapes and sizes and "entertainment". 

Mon, 07/09/2012 - 20:07 | Link to Comment Clueless Economist
Clueless Economist's picture

spot on...Leibojew might be quite good if he were an equal opportunity comedian.

The way he covered for his Jewboy friend Wiener spoke volumes of his bias.

I have no time for this Liberal assclown.

Mon, 07/09/2012 - 20:02 | Link to Comment adr
adr's picture

Stewart could be good if he got that freshly made gold plated cast of Obama's dick out of his ass.

Maybe the Daily Show could explain how creating the greatest amount of part time minimum wage jobs in history and increasing the number of people on food stamps, again by the greatest percentage in history, is good for the economy.

Sadly they won't touch that. Stewart likes the Michelle Obama rub down doll with realistic dong.

Mon, 07/09/2012 - 20:09 | Link to Comment Clueless Economist
Clueless Economist's picture

lol so true and funny...you (and Budweiser) made my evening.

 

Mon, 07/09/2012 - 20:09 | Link to Comment victor82
victor82's picture

Stewart isn't really an honest-to-God comic.

Lenny Bruce, George Carlin, and Richard Pryor were comics.

Stewart is a court jester for the Regime. It doesn't matter which Team, Red or Blue is in power. Stewart is a little harder on the Red Team is all.

Let's be clear; Lenny Bruce wouldn't be caught dead writing jokes for Jack Kennedy or Lyndon Johnson, but Stewart has his people write jokes for Obama all the time. 

Bullshit walks, as they say.

Mon, 07/09/2012 - 20:13 | Link to Comment fonzannoon
fonzannoon's picture

Show me one republican talking head who spent more time covering how Ron Paul was purposefully ignored. Maybe he gave all the Ron Paul coverage to set off a fight in the republican party. But at the end of the day his audience is young and he did more for RP than anyone anywhere this year, regardless of what his intentions may or may not have been.

Mon, 07/09/2012 - 20:18 | Link to Comment fonzannoon
fonzannoon's picture

By the way allow me to correct myself. Judge Napolitano was all about Ron Paul. I just think Stewart exposed a more democratic audience to Ron Paul and that will pay dividends in the future.

Mon, 07/09/2012 - 20:45 | Link to Comment NidStyles
NidStyles's picture

Who fucking cares about Republican talking heads? This article is about Jon Stewart. 

Mon, 07/09/2012 - 20:02 | Link to Comment blindman
blindman's picture

upgrade or reinstall adobe reader. ?

Mon, 07/09/2012 - 20:27 | Link to Comment GregGH
GregGH's picture

here is link for Canadian viewers .....

 

http://www.thecomedynetwork.ca/Shows/TheDailyShow?videoPackage=72379

 

 

Mon, 07/09/2012 - 20:49 | Link to Comment russwinter
Mon, 07/09/2012 - 20:46 | Link to Comment IMA5U
IMA5U's picture

John Stewart is a douche

Mon, 07/09/2012 - 20:50 | Link to Comment Mercury
Mercury's picture

Now explain the wisdom of central planning for us you clever, smarmy fucks.

Mon, 07/09/2012 - 21:15 | Link to Comment Debtless
Debtless's picture

A depression is when somehow everything goes to black and white.

Mon, 07/09/2012 - 21:18 | Link to Comment q99x2
q99x2's picture

Spain's fixed. Junker says he is going to print up whatever is needed to pay the bank executives. He'll worry about getting the collateral later.

Mon, 07/09/2012 - 21:21 | Link to Comment bankruptcylawyer
bankruptcylawyer's picture

fuck john stewart. his show is the perfect excuse for people on the left to pat themselves on the back for feeling better about hating 'republicans'. 

fuck that audience.

Mon, 07/09/2012 - 22:04 | Link to Comment fonzannoon
fonzannoon's picture

@bankruptcylawyer I am psoing this to you because I have read a lot of your posts and usually completely agree with you. But regarding Stewart....I know he oozes liberalism and if you can't tolerate that he will never appeal to you....but relatively speaking he is the best thing out there in the msm. He (through comedy) exposes viewers to issues across all spectrums. I would refer you to his recent stuff on Simplot or even immigration back to Mexico. I know where he socially stands but I think even he is sick of this shit. Look at what he did to Jim Cramer. Has anyone, anyhwere taken Cramer to the woodshed the way he did?

Mon, 07/09/2012 - 22:39 | Link to Comment nick howdy
nick howdy's picture

You mean you still fall for that left/right bullshit? Congratulations your programming has been thorough and complete.

Mon, 07/09/2012 - 22:44 | Link to Comment fonzannoon
fonzannoon's picture

Who are you talking to? I know it ain't me.

Mon, 07/09/2012 - 21:50 | Link to Comment nick howdy
nick howdy's picture

Pretty funny, but even better, I had to sit through that fucking Volkswagen commercial so many times..I can speak Spanish now..

Tue, 07/10/2012 - 03:18 | Link to Comment Dustin de Wynde
Dustin de Wynde's picture

Meh.

Bread and Circuses, crumbs off of the table bullshit.

I can't take any of the financial stuff, (especially the so-called "TAKEDOWN" of Jim 'Mad Money' Cramer), that the Daily Show does seriously.

Not with Jon Stewart's brother, Larry Leibowitz, not only RUNNING the New York Stock Exchange, (Leibowitz is the NYSE's Chief Operating Officer, he only answers to The Duncan L. Niederauer), but Herr Mister Leibowitz is also the IRL Miles Dyson of SkyNet/Wall Street.

Leibowitz = Miles Dyson because Leibowitz in his position of being the NYSE/COO is the one persong singly most responible for the switching over of the NYSE's Floor to the machines of High Frequency Trading.

Leibowitz is also no fan of 'Occupy Wall Street' and/or Participatory Democracy in general, so there is that:

http://www.youtube.com/watch?v=v_QrVUGtl6E&hd=1 

Stewart has had on The Daily Show pretty much EVERYBODY, to include 3 of our US Presidents, (one of them while sitting in Office), and anyone else who is anybody, on down, EXCEPT but that he's never not once had on the guy in charge of the NYSE?

Or even mentioned him?

Does not compute.

Are you going to tell me that when that little bit of theater went down with Jim Cramer that Cramer *didn't* know who Stewart's brother is?

Half the questions that Stewart asks his Pultzer Prize winning guests who write about the Financial Sector about 'How do we fix this?' could be solved outright over Sabbath dinner at his Moms's house by just telling his brother to unfuck whatever it is those Muppet Rapers are doing over there at the shop that Leibowitz runs.

Tue, 07/10/2012 - 03:30 | Link to Comment green888
green888's picture

The USA and UK are both empires of entertainment,

Tue, 07/10/2012 - 04:40 | Link to Comment sandeepyadav
sandeepyadav's picture

Seems the links are not working for the above http://sandyyadav.com/2012/07/10/investor-traps/

Tue, 07/10/2012 - 05:58 | Link to Comment Bokkenrijder
Bokkenrijder's picture

"To me, economics is like the Dutch language. I'm told it makes sense, but I seriously have my doubts." ;-)

Tue, 07/10/2012 - 06:54 | Link to Comment Reptil
Reptil's picture

grappig!

Tue, 07/10/2012 - 07:18 | Link to Comment shutupnsing
shutupnsing's picture

Jon Stewart is O's Court Jester!

Convergence is near!

http://shutupnsing.wordpress.com/2012/07/10/the-devil-is-in-the-libor/

 

 

Tue, 07/10/2012 - 08:14 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

This is what I miss by having no TV. Well how about that

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