Monday, March 16, 2009

The Weekly Wrangle

Here's your Monday-morning-warming-back-up-to-spring roundup from participating Texas Progressive Alliance blogs.

Mayor McSleaze McBlogger returns from his holiday to post his thoughts on developments in the Wall Street infotainment industry.

Vince of Capitol Annex took a new look at the latest creationist attack on science in Texas classrooms in Bill Would Make "Strengths and Weaknesses" Teaching Of Evolution State Law.

State representative Wayne Christian has filed a bill that would scare Texas citizens from filing ethics complaints against elected officials, notes JohnCoby at Bay Area Houston.

Off the Kuff takes a look at who would be affected by the voter ID legislation that is being pushed in the Lege by Republicans.

WCNews at Eye On Williamson posts on the turmoil facing some inside Texas GOP regarding Gov. Perry's decision to turn down $555 million dollars of unemployment insurance from the stimulus money, in UI debate must be maddening for the GOP supporters of Hutchison.

Neil at Texas Liberal reads Malcolm X in a cemetery and says that Rick Perry has found his schoolhouse door to stand in and block.

The Texas Cloverleaf expands upon Capitol Annex's look at Garnet Coleman's proposed repeal of the anti-gay marriage amendment in Texas.

BossKitty at TruthHugger truly believes there is profit for everyone when wasteful and costly opposition to medical marijuana is brought in to the economy instead of keeping it out. The War on "Illegal Activities" should focus on smuggling heroin and human trafficking. Can Marijuana Rescue The Economy In 2010 Like Booze Did In 1933?

At Texas Kaos, Lightseeker highlights the Texas Shakedown for those who make the mistake of driving in Tenaha, Texas while not white.

CouldBeTrue at South Texas Chisme notes thuggery isn't the first choice for governing Democrats addressing drug cartel violence. Analysis and coordinated effort is.

nytexan at BlueBloggin is disgusted, but not surprised, by the new Republican strategy: as tent cities pop up in Sacramento, unemployment is at 10% in many states and the Wall Street continues a downward slide; the GOP response is to attempt to lower approval numbers for Pelosi and House Democrats.

WhosPlayin is focused on local races for mayor and city council in Lewisville. This week he interviewed Shelley Kaehr and David Thornhill, who are running for Place 2.

Xanthippas at Three Wise Men takes down the right-wing handwringing and disingenuous criticism over Obama's stem cell decision.

Easter Lemming finds that Pasadena has its first fantasy action candidate for city council. At least by the unauthorized t-shirts and caps of some supporters.

Saturday, March 14, 2009

Cramer vs. Stewart

Here's the assembled coverage:

Sometimes listening to Jon Stewart is like what you'd imagine it would be like to listen to a great journalism professor... except you're laughing so hard you've fallen out of your chair.

In tonight's interview, Stewart makes the case for what CNBC should have been doing over the past few years: actual business reporting, instead of acting like they were an entertainment channel for the stock market.

Here's part 3 of the unedited and uncensored interview (warning: there's an F-bomb or two). You can also view part 1 and part 2 of the interview on DKTV. Here's the full episode.


Here's some analysis from David Bauder of the AP:


The feud between Jon Stewart and CNBC's Jim Cramer has been good for laughs — and ratings — but has also raised the serious question of whether the experts at TV's No. 1 financial news network should have seen the meltdown coming and warned the public.

Over the past two weeks, Stewart's "Daily Show" on Comedy Central has ridiculed CNBC personalities, including Cramer, the manic host of "Mad Money," by airing video clips of them making exuberantly bullish statements about the market and various investment banks shortly before they collapsed.

Stewart has charged that people at CNBC knew what was going on behind the scenes on Wall Street but didn't tell the public. He has accused CNBC anchors and pundits of abandoning their journalistic duties and acting like cheerleaders for the market.

"In a tremendous boom period, they covered the boom and people wanted to believe in the boom," said Andrew Leckey, a former CNBC anchor and now president of the Donald W. Reynolds National Center for Business Journalism at Arizona State University. "They didn't uncover the lies that were told to them. Nobody did. But they should be held to a higher responsibility."

And though MediaBistro's TVNewser indicated MSNBC's evening political commentators would ignore the mash-up, Keith Olbermann refuted that contention, and Rachel Maddow reported on the affair, noting both the resignation of Cramer's website CEO as well as the ratings bonanza recorded by that episode of the Daily Show: the second-most watched this year and also in the top ten most-viewed shows.