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Jim Cramer Takes Beating from Jon Stewart on ‘Daily Show’


Video footage of ‘Daily Show’ host Jon Stewart hammering CNBC’s ‘Mad Money’ host Jim Cramer about misleading the public on investments, the liquidity of corporations, and focusing too much on entertainment instead of holding companies accountable.

Cramer conceded they were too eager to believe what the corporations were feeding them and should have took steps to look into the veracity of what they were being fed.

The interview took place on the Comedy Central’s ‘Daily Show’ on March 12, 2009.

Wal-Mart brings Christmas back

Photo: Wal MartRetail giant Wal-Mart is bringing Christmas back to it’s thousands of stores.  Wal-Mart is returning ‘Christmas’ to store promotions, marketing, and advertisements after several years of incorporating the term ‘Happy Holidays’ in place of it.

“We learned a lesson from that. Merry Christmas is now part of the vocabulary here at Wal-Mart,” said Linda Blakley, a Wal-Mart spokeswoman.

Wal-Mart said Thursday that it will launch its first Christmas-specific TV ad in several years, feature Christmas shops, previously called Holiday Shops, and increase the number of seasonal merchandise labeled “Christmas” instead of “holiday” by 60 percent.

Macy’s, Kohls and Federated Departement Stores are doing the same.

Macy’s is adding Christmas signage in all of its department stores and Kohl’s is playing up Christmas this year in its TV, print and radio advertising, according to Vicki Shamion, a Kohl’s spokeswoman.

Not everyone is as quick to hop back on the Christmas wagon.

“We are going to continue to use the term holiday because there are several holidays throughout that time period, and we certainly need to be respectful of all of them,” said Dawn Bryant, a spokeswoman at Best Buy Co. Inc. (BBY), whose advertising omits any reference to Christmas.

Rupert Everett fights to stop Starbucks ‘Cancer’

Photo: Rupert EverettActor Rupert Everett, best known for his roles in An Ideal Husband and My Best Friend’s Wedding, is none too pleased with Starbucks. 

Starbucks has stores on almost every corner of America and two stores on some corners in larger cities. The movie Shrek 2 even pokes fun at the rate at which the java chain has spread.

Everett has labeled Starbucks a ‘cancer’ and is fighting to keep the chain away from his central London home.

Everett, 47, said: “Starbucks is spreading like a cancer.

It will be the first major chain to open on Lamb’s Conduit Street, which is famed for its small, independent shops.

“Nobody in the neighbourhood wants it, including me.”

“There are plenty of diners and coffee shops there already.”

The historical street is already full with local diners and coffee shops. I have to agree with Everett that the local shops and culture top anything that Starbucks could offer the community.  Starbucks is becoming the nail in the coffin for many historic and community coffee shops just as Wal-Mart has driven many local ‘mom-n-pop’ garden, grocery, and clothing stores out of business.