March 13th, 2009
07:20 PM ET
5 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. Jen, Cali

    Cramer and Stewart - are THESE the economy "gurus" Obama listens to? That's scary! What's even scarier is Obama's press secretary – he doesn't even have "toned" arms.

    March 13, 2009 06:11 pm at 6:11 pm |
  2. paul oregon

    cnn, lou dobbs , john king maybe JON stewart wouldnt mind giving
    you all some pointers. like honesty and real reporting.

    March 13, 2009 06:12 pm at 6:12 pm |
  3. Joanna

    John was great last night. He was completely serious in his questions and held Cramer feet to the fire. Cramer was left dumbfounded. John Stewart may be a comedian but he is also factual. It is shame that Cramer just became the face of all this and it was nice for John to acknowledge that Cramer is NOT alone( he is the only one with the balls to be admit his part in this, For which i do respect very much)
    As far as a war goes?? really?? I would hate to see a real war, that was nothing!

    March 13, 2009 06:12 pm at 6:12 pm |
  4. 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 what a COMPLETE FRAUD nobama is, OF COURSE HE TURNED against him.

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

    March 13, 2009 06:12 pm at 6:12 pm |
  5. Aaron B.

    the jester points out the insanity, well deserved attention. Well done.

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

    Very sad and disappointing to see the White House getting involved in petty feuds between entertainers while the country is having such tough challenges with the economy, the border, North Korea and China. Seems that the 'Change' everyone wants now revolves around image and rhetoric, and not substancial policy.

    March 13, 2009 06:13 pm at 6:13 pm |
  7. Jon in CA

    @ Dave,

    You say you disagree with Democrats targeting individuals criticizing the President... but that Republicans do it to. You go on to name the conservative attack-dogs: Coulter, Hannity, Limbaugh.

    Do you REALIZE that none of those conservatives were in the President's administration?? They are by DEFINITION talking-heads. Rahm Emanuel is working with the DNC on targeting conservatives.

    Can you see the HUGE difference?????

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

    You either "GET" Jon Stewart or you don't. He, along with his writers and researchers, is likely the most accurate fake news person on TV. Colbert comes in a close second. To define a subject in one segment is a talent that is seldom seen on TV so ...I try not to miss him. This is the best news show on television!

    March 13, 2009 06:14 pm at 6:14 pm |
  9. southerncousin

    Haven't seen the White House so openly involved in destroying people since Nixon. This adminstration is targeting individuals for destruction, where is the lib outrage. Can what would have been said if Bush did this. I agree with others, Stewart is not a journalist, but he should be and it would really show he is unbiased if he would treat libs and democrats the same way. But I have a feeling he won't, I think Emmanuel must be feeding him too.

    Nice strategy by the White House though, Republicans will have to try this when they come back and see if the libs squeal with delight.

    March 13, 2009 06:14 pm at 6:14 pm |
  10. GimmeLiberty

    Congratulations Stewart for proving you're the biggest A-whole on TV!

    March 13, 2009 06:14 pm at 6:14 pm |
  11. OC

    Great interview from Stewart. He asked a lot of questions that should have been asked by "real" journalists.

    Props to Cramer for taking his beating like a man. Gotta respect the guy for going on when he knew it was going to be a tough interview. Unlike Santelli who ran behind the peacock like bad puppy. Santelli, who is the loser? I'll give you a hint., its you....

    March 13, 2009 06:16 pm at 6:16 pm |
  12. Sennik

    @ Lisa

    'Thank goodness for the conservatives on this thread, who remind us that a president in office for less than two months is wholly responsible for an economic meltdown four years in the making — and whose ilk railed on at length about how a president in office for nine months had absolutely nothing whatsoever to do with a brutal terrorist attack within our own borders.

    God Bless America.
    '

    So Obama didn't vote as a Congressman and Senator on any of the prior budgets while he was serving? Of COURSE Obama is part of the current problem, he helped make it! So was Bush, the liberal Congress and frankly every other Congress and POTUS for a very very long time.

    It's time we as a country reigned in this freespending idiots. Enough is enough.

    Fiscal liberalism, not (R)'s and (D)'s, is the cancer that is killing our economy.

    March 13, 2009 06:16 pm at 6:16 pm |
  13. Carole

    So now we have the White House commenting on a Comedy Central show! How fabulous that they have time for such nonsense!

    March 13, 2009 06:16 pm at 6:16 pm |
  14. john

    yes it takes a comedy show to ask REAL QUESTIONS from these muppets on CNBC

    March 13, 2009 06:17 pm at 6:17 pm |
  15. Susan

    Who's next on the Obama hit list? While the country burns to the ground, he's engaging with private citizens/ entertainers who don't agree with his failed policies. That sure is some change we can believe in.

    March 13, 2009 06:17 pm at 6:17 pm |
  16. A tired American

    Whawhoo!!! Imagine Wall Street not being able to ride rough-shod over the White House and the public like they have for far too long. Someone needs to appoint Jon Stewert as a special prosecutor with unlimited power to question and probe Wall Street, and Congress while he's at it.

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

    Wow.. CNBC needs to hire stewart...

    March 13, 2009 06:19 pm at 6:19 pm |
  18. John

    Wow the haterd for America from the right is amazing. You people would critisize a democrat for saving your life. From the comments here and the mildess paroting of the hateful talking points it is no wonder your party is not taken for anything but a joke anymore. We need a conservative voice in our government but today's right is far to concerned with flag pins and fox news to add anything of value to our government. Yes it is true government is the problem, but what they did not tell you is the truth, republican government is the problem!

    March 13, 2009 06:21 pm at 6:21 pm |
  19. cruiserGT

    Whoa here... Cramer voted for Mr. Obama... or so he said. They are eating their own.

    March 13, 2009 06:22 pm at 6:22 pm |
  20. Bryan

    Anyone on here who says things like "It's jon stewart, its on comedy central, it's not serious" obviously didn't even see this interview. No one who saw the interview can say that. What jon stewart did was worthy of a medal! He didn't just question cramer, but the shady practices of wall street in general. The fact that cramer behind the scenes was telling people how to create rumors to drive stock prices down, to using peoples 401k's to short sell stocks and create a bubble. This was the confession of someone who needs to be in prison along with all his buddies. Watch the interview before you criticize it and claim its just comedy central or a joke.

    March 13, 2009 06:22 pm at 6:22 pm |
  21. ken

    It's cool that Jim Cramer, who isn't really important for anything, is getting asked tough questions but it sure would be nice if the media scrutinized Obama the same way they did to Cramer...

    March 13, 2009 06:24 pm at 6:24 pm |
  22. Come on!

    Jon Stewart stood up for the rest of us last night. Bravo! The clowns on CNBC are not true reporters, though they would like to believe they are. Aside from Faber these clowns just seem to go ga-ga over these millionaire & billionaire CEOs. If they would have done their jobs & shined the light on all of the greed that was taking over wall street for the past 5-7 years the severity of our current economic crisis could have been softened considerably... if not prevented all together... Instead Cramer went on CNBC and told people to buy Bear Sterns... their "hard-hitting" interviews included asking hadge fund managers that were running ponzi schemes if "its fun to be a billionaire".

    I though Jon Stewart was awesome on last night's show... I just wish other members of the "real" media would jump on board & due some serious reporting. Call out the idiots & show the world the crooks they really are.

    March 13, 2009 06:25 pm at 6:25 pm |
  23. Matt

    Stewart like Obama does not know jack about economics and the more they talk the more they prove it.

    March 13, 2009 06:25 pm at 6:25 pm |
  24. marilynn

    I'm very concerned regarding the men we vote in as leaders of the united states of america, and the men appointed with responsible positions are "toying" with the heads of "we the people" of a great democracy; a free country taking sides on tv shows.
    The government and it's appointee's can voice their opinion in their living room, or behind the scenes, PERIOD. I don't feel comfortable with the President of the United States of America, and his appointee's cunningly attempting to mock and destroy those who don't agree with them, or are doing what they do best, and that's bring humor into a living room. Some of the humor, I believe was disgraceful, disrespectful while Pres. Bush was in office, but no one took advantage of their office; likewise, Pres. Clinton was capitalized on regarding his character, however his office didn't lash out, taking advantage of his office....Obama, I am concerned that rumor' about you are unfortunately about to manifest. Get your house in order Obama; get out of TV; you and your appointee's have no business coyly getting involved with anything going on with talk host's .. Stick to your job. The more I see this, the more I'm concerned you're coyly attempting to become a dictator. People wake up. Noone "we the people of this great country" vote into office has the right to coyly attempt to twist and confuse the american people using talk show hosts. Obama – you thus far, and your appointee's haven't earned the respect of the titles bestowed you -

    March 13, 2009 06:27 pm at 6:27 pm |
  25. SAGG

    cruiserGT March 13th, 2009 6:22 pm ET

    Whoa here… Cramer voted for Mr. Obama… or so he said. They are eating their own.
    ------

    Nope, merely allowing dissent–unlike the Repubs, who demand total loyalty amongst their own brood...

    March 13, 2009 06:27 pm at 6:27 pm |
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