Cramer is a clown, but he knows it and plays off it to make money. I have more respect for Cramer than 95% of the other CNBC personalities. Rick Santelli is easily the most respected of the bunch since he stands so far above the other losers on the network. He's in a class of his own. It's a pity Bloomberg does not pick up his contract.
Bob P is bad but I don't know how anyone could classify him the worst. Did you forget about Neaile, Gasparino and god forbid Maria "phat ass" Bartiromo?
On a related note, I watched CNBC at length for the first time in almost a year. All those stupid graphs that morph around and kiddie power ranger sound effects made it unbearable. Even their perma bull guests would make Kudlow blush. Some idiot was saying now was the time to buy middle-end retail such as Tiffanys and MACYs. We're in the middle of a fucking recession with high income earners being laid off in droves, but now is the time to buy upper priced retail stocks since they are strong pillars of the economy? Get the fuck outta here.
There was another guest saying buy financials because they've never been this cheap. They are priced that way for a reason...
He will however probably be proven right, not because they're currently "cheap", but because the Fed has proven that they're all too big to fail. Now they can afford to take unlimited risk and tap the discount window if things go wrong.
It's interesting that the common theme was buy everything, ever stock is cheap. But don't even think about buying actual commodities because they're in an overpriced bubble. I swear CNBC is being funded by underground bolierrooms and bucketshop stock brokers. Every fucking guest called a bottom. At least Bob Pisani said he wans't going to play that game.