Money Guru: None of Us Really Knows What to Do

(NEWSER) - Jon Stewart’s takedown of Jim Cramer and CNBC is indicative of a real, if fleeting, sea change in our attitudes about the economy, Thomas Frank writes in the Wall Street Journal. “The applause Mr. Stewart has received for his j’accuse is the sound of the old order cracking.” But “clueless pundits often do get on top” and “stay there,” Frank writes, “despite all manner of rebukes handed down by history itself.” More»

(NEWSER) - Jim Cramer is once again on the defensive, as Jon Stewart seemingly can’t stop finding damning Mad Money clips, Gawker reports. Appearing on this morning's Today show, Cramer was subjected to a CNBC snippet that ran on the Daily Show last night, from January 2008, where the host literally asked his audience to buy Bear Stearns stocks. “Did I make a mistake?” he asks. More»

New game lets you fend off Mad Money host's critics

(NEWSER) - Jim Cramer is facing his share of critics, from Jon Stewart to Fox Business, the San Jose Mercury News reports. Now you can help him defend himself in a new web video game: Jim Cramer’s Crashsteroids. Steer Cramer’s sneering mug as he takes aim at his detractors in the format of classic arcade game Asteroids. More»

(NEWSER) - He may have gotten only a B in economics, but James Rainey, in the Los Angeles Times, says he can be the next CNBC personality. “There’s got to be a spot for me on one of those chatter fests,” he says, because “I’ve out-performed the Dow by more than 100%!” His secret: He sold his stocks and put the proceeds into money markets and bonds. More»

Tradition shaken as families' plans up in the air

(NEWSER) - As recession hits parents’ wallets, it’s forcing many to debate whether they can afford to send kids to summer camp, the Wall Street Journal reports. Camps are expecting more financial-aid requests, while parents look to day camps and cheaper nonprofit alternatives. “A number of camps say families are enrolling, but they are enrolling a little later this year,” says a camp association head. More»