dontdeviate.net

As investors and ordinary people who have been affected in every light of the financial crisis, we turn to these points of information to guide us through the difficult time. Let’s remember it’s a handful of people that screwed up the system, the average stock broker did an honest job and even they lost out.

I agree with Stewart on pretty much every point of his discussion with Cramer. Organisations who advertise themselves in certain lights have a responsibility to their audience to provide the best informed information they can, without bias, and obviously without misleading them down a dreary path. CNBC have acted totally out of these boundries, guiding the average joe to further misery.

But this wasn’t just the issue. Stewart highlights how this particular network had access to information about the “going ons” in the world financial market, and still decided to say nothing. Gambling with 401k’s, international saving bonds and making the average joe pay for their incompetency.

Still decided to say nothing. Surely if they could see this coming why wouldn’t they help? Why wouldn’t they inform senior politicians? Why did choose silence over action and make these rogue traders non accountable? CNBC have a lot to answer for, they are not the only ones but they are the start. We can’t just look to the banks as mis-moral guidance, the outlets they choose to give information have a responsibility to make us aware of the pitfalls, but also inform the decision makers of financial mismanagement.

This crisis has affected everybody, and it only seems that we are becoming part of the statistics of unemployment, house foreclosures and any other thing that can be grouped into this environment. We have just as much a voice in all of this, but for now, I’m happy that Jon Stewart and the team have decided to start the moral fight.

Well done Jon, you are a champion for the rest of us.