Stewart: Can we stop buying sh**ty companies?

Comedy Central’s Jon Stewart doesn’t think that the American taxpayer got a very good deal by investing in General Motors.

“We gave you twenty billion dollars and you still declared bankruptcy,” Stewart mocked on his Daily Show Tuesday night, “we could have done that for free.”

After noting that the US now owns 60 percent of a company worth “negative ninety billion dollars,” Stewart asked the government — personally — why “we keep buying shitty companies.”

This video is from Comedy Central’s The Daily Show, broadcast June 2, 2009.

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Jon Stewart’s Unedited Interview with Jim Cramer

Jim Cramer criticizes Rick Santelli’s rant and admits he made his own mistakes,
in this exclusive, uncensored video.

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Glenn Greenwald
Salon.com

“They would continuously put scheming CEOs on their shows, conduct completely uncritical “interviews” and allow them to spout wholesale falsehoods. And now that they’re being called upon to explain why they did this, their excuse is: Well, we were lied to. What could we have done? And the obvious answer, which Stewart repeatedly expressed, is that people who claim to be “reporters” are obligated not only to provide a forum for powerful people to make claims, but also to then investigate those claims and then to inform the public if the claims are true. That’s about as basic as it gets.”