March 13th, 2009
07:20 PM ET
9 years ago

White House approves of Cramer smackdown

Many declared Jon Stewart, right, the victor in his face-to-face with Jim Cramer.

Many declared Jon Stewart, right, the victor in his face-to-face with Jim Cramer.

(CNN) - Jim Cramer's now-infamous appearance on The Daily Show Thursday night even won the attention of President Obama, White House spokesman Robert Gibbs said.

At the White House Daily Briefing Friday, Gibbs said he and Obama had discussed the CNBC host's grilling from comedian Jon Stewart, though he wasn't sure if the president had actually seen it.

But for his part, Gibbs said he "enjoyed it thoroughly."

"I thought [Stewart] asked a lot of tough questions, and I am not surprised that the video of Mr. Cramer's appearance doesn't appear on CNBC's web site today," Gibbs joked.

It's not the first time the White House Press Secretary has mixed it up with a CNBC host. Late last month he called out reporter Rick Santelli over his tirade against the president's mortgage plan.

Related: Stewart seen as winner in showdown with Cramer

"I…think that it's tremendously important that for people who rant on cable television to be responsible and understand what it is they're talking about," Gibbs said then. "I feel assured that Mr. Santelli doesn't know what he's talking about."

Filed under: Popular Posts • President Obama
soundoff (188 Responses)
  1. jay

    Cramer knowing he is not perfect should not have attack the Obama's plan the way he did.

    March 13, 2009 06:00 pm at 6:00 pm |
  2. sine

    Jon Stewart spoke the absolute truth!!!!

    Point ...blank ...period. The white house was stating their agreement. I wish CNBC was calling out wall street punks just like jon called out CNBC, then maybe we wouldn't be in the mess we are in now!

    March 13, 2009 06:01 pm at 6:01 pm |
  3. Kris in Denver

    White House approves? That's a bit disingenuous. I just hope Robert Gibbs enjoyed the smackdown as much as I did. Keep up the good work, Jon, the country continues to need your voice.

    March 13, 2009 06:01 pm at 6:01 pm |
  4. V. Clausewitz

    So the White House is now using a comedy show to sell us on its economic recovery plan. Very fitting.

    March 13, 2009 06:02 pm at 6:02 pm |
  5. Greg

    ABC and CBS hold some ethical standard. CNN, and NBC went into the sewers with FOX. Get rid of most air no-talent because they are vastly overpaid. Can anyoone at these hack networks do what Stewart did? NO!

    March 13, 2009 06:02 pm at 6:02 pm |
  6. Dayahka

    How about Stewart for Secretary of the Treasury or SEC? Better yet, Chairman of the Fed. He sure has a better idea of who has been screwing the country and how than those currently in office–and he might actually DO something to reign in the banks, like eliminating shorts, all derivatives, hedges, and so on, and particularly raise the leverage amounts from their current, what did he say, 1 to 38?, to something like 1:1 or 1:2, which would end all that wild speculation, or start indicting and rounding up the hundreds of thousands of mini-Madoffs out there who are robbing the country blind.

    March 13, 2009 06:03 pm at 6:03 pm |
  7. dumbocrat alert

    Frank-Dodd-Pelosi-Reid-Waters-B.O.=socialism, we won't need banks.

    March 13, 2009 06:03 pm at 6:03 pm |
  8. Hurrah

    Weve got teenagers in the white house. They are more worried about gotcha's than crippling the economy.

    March 13, 2009 06:03 pm at 6:03 pm |
  9. JJ

    the majority of Americans think President Obama is doing a fine job, maybe the rest will catch up some day.


    And maybe the majority will WAKE UP, open their eyes and join the rest who already caught up......

    March 13, 2009 06:04 pm at 6:04 pm |
  10. MarcRich

    What a petty administration this is. Bullying and picking on private citizens and commenting about a comedy central show? We have an economy in a recession and they're watching comedy central? That's what this administration is...a big joke. With know-nothings running the show with no experience.

    March 13, 2009 06:04 pm at 6:04 pm |
  11. Biased

    When the WH comes out praising the knockdown of someone of the opposing political party, things have NOT changed in Washington and they will only continue to get worse. Between comments like this and other black democrats intimating everyone who disagrees with them racists, then we are in for a rough four years.

    March 13, 2009 06:05 pm at 6:05 pm |
  12. dave

    I love how all the republicans are talking about how everyone who "criticizes or opposes" Obama are getting lambasted.

    I agree that it's wrong and childish. However, that's EXACTLY what the republicans do. (see abortion, fiscal policies, etc) Main players, Coulter, Hannity, Limbaugh.

    Again, I think it's crazy to criticize someone for disagreeing but please don't say it's just a democratic thing.

    March 13, 2009 06:05 pm at 6:05 pm |
  13. boered1

    @ JJ12345 you quoted another and answered thusly "There are too many talking heads who are neither of the above, and their opinions are as good as yours' or mine.
    So that would include President, Vice President, President Pelosi, and Vice President Reid" Apparently you do not understand how leaders work. You see they talk to the experts and get their opinions based on their knowledge. Once they have what they believe is an adequate sampling of expert opinions they bring them together and make a coherant sense out of them than enact policies, or pur forth plans, to put the expert's opinions to work. In the case of our President over 90% of ECONOMIC EXPERTS (not talking ehads on TV) AGREE WITH HIS BASIC PLAN ALTHOUGH MOST SAY HE IS NOT SPENDING ENOUGH! Unfortunately you do not hear that said enough because it is not news "Experts agree with plans" doesn't sell whereas "Useless talking head says plan will not work and other talking heads agree"


    March 13, 2009 06:06 pm at 6:06 pm |
  14. Tom in CA

    What was pointed out last night was...that the financial cable network folks are in bed with the Ponzi scheme folks – also known as the folks of the NYSE!


    March 13, 2009 06:06 pm at 6:06 pm |
  15. Vic

    First of all, Stewart was attacting CNBC for its constant bullcrap of kissing Wall Streets A$$. I knew when Cramer (who is a democrat) decided to make this his personal war against Stewart and especially when he went on Stewarts program he would look like an idiot. Say what u want about Jon Stewart, he's very smart and very informed about politics and Wall street. But Cramer and Stewart probably now will have better rating. And I think thats what it was all about in the first place.

    March 13, 2009 06:07 pm at 6:07 pm |

    Good for Stewart – these so-called financial "gurus" don't have the brains God gave a toad!

    March 13, 2009 06:07 pm at 6:07 pm |
  17. Nikki

    I don’t think of my self as being a liberal I believe in the fourth amendment and capital punishment; that being said I totally loved watching Jim Creamer getting railed on the daily show. People who pretend to care about this country while in the mean time under minding its financial intuitions sicken me.

    March 13, 2009 06:07 pm at 6:07 pm |
  18. Sick of Dirty Obama

    I think that it is amusing how easily you obamatons will devour one of your own.

    Jim Cramer has been a lifetime Democrat, large Democratic donor, and he ACTIVELY supported nobama in the election.

    It wasn't until after the election when Cramer realized that nobama is FULL OF LIES and IS DESTROYING OUR ECONOMY. Once Cramer realized how a COMPLETE FRAUD nobama is, OF COURSE HE TURNED against him.

    I love my country and YES I want hime to fail.

    March 13, 2009 06:07 pm at 6:07 pm |
  19. William Wirt

    Stewart should be given a medal!

    He's speaking for a lot of real Americans who have simply had enough of this rope-a-dope unfounded and reckless news casting.

    March 13, 2009 06:07 pm at 6:07 pm |
  20. California Gold

    I've watched Cramer's "Mad Money" on occasion. He makes endorsements and presents information in such a way that one soon thinks his program is about investing and not "entertainment". People call in and ask for his opinion on what they should do with their investments. Entertainment it is not. He is an obnoxious little man. Jon Stewart is great.

    March 13, 2009 06:08 pm at 6:08 pm |
  21. JonDie

    Of course Jon Steward won.

    March 13, 2009 06:08 pm at 6:08 pm |
  22. Ken

    Is Jon Stewart on the payroll?

    March 13, 2009 06:08 pm at 6:08 pm |
  23. Raymond

    @ George asks,

    "What do you call exposing a Secret Service Spy because her "private citizen husband" disagrees with you?"


    Good Question, George... why don't you guy ask the guy who outted Valerie Plame... Richard Armitage!

    Oh and let's CONVENIENTLY FORGET the fact Ms Plame's service to the CIA was long finished and she wasn't an active informant – therefore didn't affect her security.

    March 13, 2009 06:09 pm at 6:09 pm |
  24. disgusted

    Maybe if the media didn't ask these questions Gibbs wouldn't have to respond.

    March 13, 2009 06:09 pm at 6:09 pm |
  25. Kevin in Ohio

    Of course they approve! Its nice to know where the liberals get their news.... I had been wondering.

    March 13, 2009 06:10 pm at 6:10 pm |
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