John Stewart and Jim Cramer

Stewart was very good at calling cramer out on his bullshit. One thing that was avoided was mention of just who created this financial crisis, and why.   I dont think the term "The Federal Reserve" was mentioned even once during the entire interview.

Why the change by the SEC to mark-to-market accounting in 2007? right before an election year.  Why did the federal reserve RAISE interest rates 17 times prior to the bubble being popped.  The whole situation is framed in a way that it puts the people and the citizens against the corporations and the banks.

Well, just where do banks get their money? Of course, they borrow from the Federal Reserve. Is the Federal Reserve part of the government or a governmental agency, no of course not.  Does the federal reserve care if a bubble is popped? No.

THey just gain more control and ownership during that period after. THere has been many banking panicks throughout history, and many appear to have been caused intentionally. You have to question why there was a change in the accounting standards that basically made all of these companies insolvent and caused a huge domino effect.  Raising interest rates 17 times in a row was not only stupid, but it was intentionally done to cause the catalyst to pop this bubble.

the uptick rule? this is nothing. elimination of that just caused some arbitrage not to put any bids in. vapor bids or 100 shares x 100 shares, didnt even have any motives to place prices in the market. this only contributed to the complete collapse.