Cramer vs. Stewart

Apparently, "it's not a game."

Jon Stewart, host of "The Daily Show with Jon Stewart" was able on Thursday, March 12th, to lambaste a familiar foe of the financial system cronies that pollute the markets for ever so often.  An eight minutes and thirty-one seconds of Stewart applicably blaming Jim Cramer, host of "Mad Money" on CNBC for the lies he had spread over the last eight years from the George Bush term and chronyism that led to individuals losing their retirement, savings and jobs.  Stewart was not merciful for one second, and when Cramer could not give a definitive answer of whether or not these market derivates would result in continuous market gains, likewise with the excessive bargaining companies would do to leverage a quick profit, it turned to be a make money quick, make money evaporate scheme.

Cramer admitted to that he knew that he was being lied when he conducted interviews with Harry Paulson and Ben Berancke, the former CEO of AIG Martin Sullivan and Joseph Cassano, and likely many others.  Individuals who believed that these derivates would provide instant gains, instant cash flow, instant play in the market.

However, we are now left with a crumbling economy, billions of dollars loaned to AIG from our government, which US taxpayers may or may not be paying for.

The exercise of Stewart on Cramer was a note on how much that was known that these derivates were in play would causes for huge upheval and turmoil in the market.  Companies such as Bear Stearns were spending ten's of ten's of billions of dollars per day by funding their expenditures with company 401Ks, where these individuals were being bailed out, paying out that money with bonuses, to only let their companies, and their employees evaporate.  It was totally agreeable, and likely even almost criminal that Cramer let this game willfully playout, although the path of friends lying to him with history of trust.

My note to Cramer is that as a reporter and entertainer of facts, your reports do need to be substantiated by facts, not the "assumptions of friends" and past history to discern as truthful reporting.  Reporting lies is dangerous.  Rather was fired by CBS in 2005 for those noted errs.  By not noting that the derivates were dangerous, you helped include your audience into the radical freefall of the declining market; burning any distinction with the acknowledgement of what the market should be; long-term and mid-range investors building profits to return gains with fair capitalism; not false chronyism, nor the ponzy schemes that exist, which very few I believe even have been found out.

Stewart's note is of the Obama objective.  People work for their money, people earn their money; so if someone is willingfully invests in the market they need to have trusted information to be available so that a fair and just system can exist leading to a growing economy.  Skills and talents show that people who make $30k are different from those who make $1.5 million.  What did happen was a few investors and advisers ruining the pot for billions of people.  Now we are left to redefine; regardless of currency, what is earning money?

Inaugurally Addressed

This was the site of the 44th Inaugural Address of the United States, ceremoniously anointing Barack Hussein Obama as President.


Obviously I did not go; I watched it on TV with my dad.

Change is something that is not just outrageous and flamboyant, normally; usually its subtle, patient, and takes a great deal of time for it to be noticeable. People do not accept change to be truthful and evident; it is a difficult, forlorn process that is dissected and scrutinized. And change, can show it is hidden form as a detriment, as setting back the clock; like prohibition, or the feminist ideal that women should burn their bras, or declare that anyone with a XY set of chromosomes should have any influence over their lives whatsoever.

However, people believe in change, because change is different. Also, when people believe in change, it makes a difference in someones life, whether oh so subtly, or drastic. Like someone joining the rich elite of millionaires or sports lore such as David Tyree's catch in Super Bowl XLII. I guess that change is something that I look forward to, but in the past 48 hours that Obama has been President; unlike his credo, I do not feel overwhelmed with change.

I personally do not see all the changes going around me, like it was going to be oversweeping nostalgia because now the things should be different. The temperature is still cold, the process in Congress is still slow, and the warring is still evident. Black on black violence still has not been solved, nor anything else. Yet, we the American people should be able to do that. May be it is just a naivety of mine, but I do not feel this same change occurring with myself.

If anything, I will just start with refurnishing my resume, and send it out to a dozen dozen more job opportunities, if companies are still being honest, and these opportunities still exist. One thing I want to see in change is being not just involved, but a part of change. Which means no longer being on someones resume list to be thrown out in a year, but to be considered as a viable member in the community of an organization, like how people should be considered a viable member in the community known as the United States of America. When that does not happen, like years of civil instability, there is no accountability. When we are not members, we are disenfranchised members within an union that must be lumped with the elite. The only difference is that the elitist can say that we are lazy, schwasbuckle scourge that goes against any notion of capitalism, and any notion of the United States. It is as if we did something wrong and incorrect, incoherent, and patsy. Like people like myself failed.

I guess this is what happens when someone from 21 Jump Street wants to go to Main Street. Both areas are pretty messed up, just one is a couple of blocks from gun shots and violence, Main Street is the middle class family who gets blamed for all the problems of a white-collar society. Then again, everyone is in the pursuit of happiness, and as we all go, like change...it is a pursuit. We just do not know if it is just another condition.

AoL

It's been a long long time that I've done any blogging of any kind (See Xanga: A Rose Grown From Concrete), and may be that's more than my fault than anything else. Lately, I have been feeling inclined to keep things private to a lot of people, including my own family.

Here's the things that are affecting me since after Thanksgiving 2008:

• I lost my job on December 9, 2008


• Found out my grand ma "Mother Rose" is very ill.


• Went to Jamaica to say farewell to her. (Hopefully I'm wrong on that)


• Going to take some time off from school to figure where am I going?

Losing my job started to put a lot of things into perspective. I never got depressed, but part of my life after December 15, became very depressing-like after my first interview. I only looked at jobs intermittently since then, when I found out at the same time, Mother Rose was very ill, she had surgery, and many family members had written her off to die. It took my mom and brother a while to get their passports, but we eventually went to see her.

Losing my job also meant I could not return to school next semester. It also meant I needed to start paying off bills as soon as possible. I cleared out most of my debts, but I have to let clear that now I need to start paying off loans. I don't know how long, or if I will ever complete my degree. I put it in perspective, where am I ending up in life.

Am I...

1. going to be in an HR or HR-like profession where I can put my skills to use?


2. going to work in the financial industry, and get my certifications there?


3. to completely open myself up and go into a new field such as healthcare administration, or something else?

This is the dilemma of being too talented. You know too much and it gets you into trouble. I can only follow my heart, and whatever decision I wind up, I know I would be happy with it. I'm doing the same thing again, sending my resume to see where I fit, and if it's in Finance or Human Resources, I can make those entirely more specific.

In the meanwhile, I refuse (whether out of love or blindness) to write my Mother Rose for dead. Her illness, I think can be treatable, even in Jamaica. Although things have seem depressing with my daily waking up late in the morning, or sometime in the afternoon, I don't feel depressed and I love my Munchkin to death. I try to keep in touch with Norm as much as possible, even playing World of Warcraft (on Gorgonash, Arcimonde and Burning Blade) with Norm and hunniebunny) and I keep myself going out ever so often, such as Bowling on New Year's Eve and my fiancee's co-workers "I Can't Believe She Said Yes!" party this coming Friday.

I just want to let everyone know that although a lot of bad things have happened, you should all know, I have not written myself off for dead, and life (as complicated as it is) is still fully enjoyable. To quote my former supervisor, Sam Delgado, "Tomorrow is another day."

I'm looking forward to tomorrow.