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Jon Stewart on Everything that is wrong with America…in under four minutes……

Yesterday, the new Credit Card Accountability Responsibility and Disclosure act went into effect—but not without controversy. And tonight on The Daily ShowJon Stewart brilliantly laid out both what’s wrong with American consumers and with credit card companies.

With his hilarious—and eerily accurate—rant, Stewart managed to do what many others have failed at: explaining how the country’s credit problem is exacerbated by the actions of those on both sides of the spectrum.

Stewart first explained that the problem with American consumers is that they not only desire a Champagne lifestyle on a Busch Light budget, but will take any opportunity to act on that appetite—even when painfully aware of the consequences of doing so. If you let them, they will spend, whether they have the money or not.

After his evisceration (sorry, had to) of consumers, Stewart took aim at the banks, hilariously describing the tricks they’ve used to historically bilk their customers out of as much extra money as possible, before even more hilariously highlighting some new tactics that were born from a theoretical leash imposed by the government with the newly-enforceable regulations on their business practices.

I’d say more, but the screen on my laptop is fading and I need to make sure I’m the first one to arrive at the Apple Store tomorrow to purchase a new one—just as long as my rate limit gets approved. Fingers crossed!

[The Daily Show]

The above from tv.Gawker.com……

The guy gets my vote everytime…..

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March 2, 2010 - Posted by | Blogs, Breaking News, Counterpoints, Entertainment, Government, Law, Media, Men, Other Things, Political Satire, Politics, The Economy, Updates | , , , ,

1 Comment »

  1. […] Jon Stewart on Everything that is wrong with America…in under four … […]

    Pingback by Digital Fundamentals ( 9th Ed., Thomas L. Floyd) – FPGA Groups | Transport Phenomena Material Geek | March 2, 2010 | Reply


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