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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 | 2600293 inkarri9
inkarri9's picture

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

Mon, 07/09/2012 - 18:51 | 2600299 akak
akak's picture

I, too, am always annoyed by Missing Links.

Mon, 07/09/2012 - 19:20 | 2600363 Missing_Link
Missing_Link's picture

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

Mon, 07/09/2012 - 19:28 | 2600399 Arnold
Arnold's picture

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

Mon, 07/09/2012 - 19:31 | 2600418 Arnold
Arnold's picture

Hey, go easy on us 'Missing Links'.

Or is it we 'Missing Links'?

Tue, 07/10/2012 - 01:42 | 2601217 Burnbright
Burnbright's picture

that was classic

 

Mon, 07/09/2012 - 20:05 | 2600538 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 | 2600313 BandGap
BandGap's picture

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

Mon, 07/09/2012 - 18:58 | 2600315 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 | 2600341 veyron
veyron's picture

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

Mon, 07/09/2012 - 19:40 | 2600444 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 | 2600623 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 | 2602194 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 | 2601464 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 | 2600329 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 | 2600881 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 | 2600332 SheepDog-One
SheepDog-One's picture

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

Mon, 07/09/2012 - 19:13 | 2600342 moriarty
moriarty's picture

Anyone know how to access these clips in the UK?

Mon, 07/09/2012 - 19:20 | 2600366 Temporalist
Temporalist's picture

Try finding them on youtube

Mon, 07/09/2012 - 19:44 | 2600465 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 | 2600771 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 | 2600606 uranian
uranian's picture

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

Mon, 07/09/2012 - 20:36 | 2600630 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 | 2600712 i-dog
i-dog's picture

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

Mon, 07/09/2012 - 19:28 | 2600380 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 | 2601506 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 | 2600394 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 | 2600501 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 | 2600636 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 | 2600745 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 | 2600912 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 | 2600443 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 | 2600499 moriarty
moriarty's picture

sadly no joy

Mon, 07/09/2012 - 19:50 | 2600489 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 | 2600516 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 | 2600777 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 | 2600922 BKbroiler
BKbroiler's picture

derp

Tue, 07/10/2012 - 01:00 | 2601183 palmereldritch
palmereldritch's picture

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

Mon, 07/09/2012 - 20:01 | 2600523 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 | 2600543 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 | 2600527 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 | 2600550 Clueless Economist
Clueless Economist's picture

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

 

Mon, 07/09/2012 - 20:09 | 2600551 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 | 2600562 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 | 2600578 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 | 2600654 NidStyles
NidStyles's picture

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

Mon, 07/09/2012 - 20:02 | 2600533 blindman
blindman's picture

upgrade or reinstall adobe reader. ?

Mon, 07/09/2012 - 20:27 | 2600604 GregGH
GregGH's picture

here is link for Canadian viewers .....

 

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

 

 

Mon, 07/09/2012 - 20:49 | 2600644 russwinter
Mon, 07/09/2012 - 20:46 | 2600656 IMA5U
IMA5U's picture

John Stewart is a douche

Mon, 07/09/2012 - 20:50 | 2600664 Mercury
Mercury's picture

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

Mon, 07/09/2012 - 21:15 | 2600714 Debtless
Debtless's picture

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

Mon, 07/09/2012 - 21:18 | 2600722 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 | 2600729 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 | 2600846 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 | 2600938 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 | 2600947 fonzannoon
fonzannoon's picture

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

Mon, 07/09/2012 - 21:50 | 2600806 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 | 2601290 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 | 2601299 green888
green888's picture

The USA and UK are both empires of entertainment,

Tue, 07/10/2012 - 04:40 | 2601339 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 | 2601373 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 | 2601407 Reptil
Reptil's picture

grappig!

Tue, 07/10/2012 - 07:18 | 2601440 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 | 2601565 MeelionDollerBogus
MeelionDollerBogus's picture

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

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