Jon Stewart vs. CNBC

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I've been watching Jon Stewart on Comedy Central the last few days. He is bent on doing damage to CNBC everyday these days and I feel rightfully so. Everyday there is something about CNBC that is hilarious!

He played several segments today to highlight how Cramer (Mad Money) asked his viewers to buy Bear and Sterns and how it crashed in 7 weeks after his 'Buy' statements.

Did you know that CNN cancelled the show CROSSFIRE after they came under attack from Jon Stewart? Amazing isn't it.

I am keeping my fingers crossed about Mr.Cramer and other programs on CNBC that are under attack now.

Watch Jon Stewart..you'll be glad you did.

The Stimulus package - Advantage China

Photo courtesy: www.glennbeck.com

My family with two kids and with our level of income will be getting 1800 USD sometime around May 2008. This would be thanks to the stimulus package approved recently by President Bush.

I already have plans...Yeah..I would be able to payoff some of my credit card debts !

I am not sure how it would help in the long run! I am not an Economist so I don't want to go deeper into this, but I as a common man feel that this is only a 'Band Aid'.

I found this discussion funny. This was in CNN Headline News where Glenn Beck was talking about it.

This is what he said:

• The money for the package is being borrowed from China.
• US has to pay interest for it.
• People will be using it to buy products mostly manufactured in China.
• So the money again goes back to China.
• Who gains ? - China
• China gets back the money + Interest on the money + money made by the increased sales of Chinese made products.

So, this is a Great Economic Simulus package for China!