Come on, man, the academic hack is actually right...factually speaking. Somebody needs to pen a good moral defense of private equity. It could surely be done.

.........

What the hell point is Jon Stewart trying to make? Is he mad that PE is allegedly bad or that poor people aren't able to participate in PE investments?

Regards

God the segment before that was hilarious. He showed how Romney keeps touting his 25 year experience at Bain as giving him the experience necessary to be President, then it showed Romney blasting Obama for saddling this country with tons of debt that is never meant to be paid. Which is exactly what he did at Bain for 25 years...

I don't think Stewart was really attacking PE in general, just pointing out the theater of all this in relation to Mitt's Bain connection.

Poor people, if they have some type of pension, are usually somewhat exposed to the PE asset class.

I'll never understand the allure of Jon Leibowitz. He has a team of writers to make him smart and he just takes the liberal, populace side of everything. PE has a place in life and making money is not a sin or something to be looked down on.

I suggest people stop watching a comedian for their news and try going to some reputable sources or doing the back story reading themselves.

This. Perfect example of people not bitching when times are good but full of complaints when shit goes bad.

It's the honest truth. Wish there was a way to distill that into a bumpersticker.

glad someone stated this. Please try and understand that for 4 years the show that lead into the Daily Show was about puppets making prank phone calls. Piece it together people. He is a source of entertainment NOT news

relatively poor people do participate in PE... government workers, through their pensions.

not at all. What I'm saying is, I like the comedy - I don't like the propaganda.

I rather watch Colbert over Stewart any time for that exact reason. Obviously the guy's personal opinions are gonna permeate the show, but I rather it not be as blatant.

I think it's pretty obvious that he is doing more than performing jokes. I never said that was a problem.

I responded to the other post to explain what I thought Stewart's argument was. You're telling me that's how he's supposed to gain viewers, by taking a side?

Ok, I guess. I find it pretty entertaining and informative (obviously to an extent,) so I don't mind it too much. But I also only watch it when I'm channel surfing. I treat it the same as the talk-shows on Fox or MSNBC, because that's what it is. They're all certainly funny in their own ways...

I think Colbert and Stewart are both ridiculously biased, so if you watch both of them you should be able to get an honest opinion by the end of it. And yes Stewart does take sides, Democrats like him because he's a funny propaganda machine and Republicans forgive him because he's just too damn funny.

^ Colbert is legitimately funny. Jon Stewart is a clown.

P.S.

ANT, do you refer to Bob Dylan as Robert Allen Zimmerman when you talk about music? Just wondering...

I think he is trying to insinuate that you're a little up your own ass.

I'm not sure if you realize this but getting people like you worked up is exactly what John Stewart aims to do.

You seem to have a very strong opinion on him for someone who doesn't watch his shit. If you get this worked up over the internet I'd hate to meet you in real life.

And I think most people would agree with me that calling him by his original name makes you seem like a tool. Ask around, who knows maybe it's just me.

Because I don't watch him regularly or recently that doesn't mean I haven't read about him or know about his modus operandi? Also, how am I worked up? I am simply stating that he is not only biased, but a comic and therefore not a reliable or intelligent source for the news.

And calling a person by their original name makes me seem like a tool? Ok, cool. I understand your point. Facts and truth upset you. Do me and all of us a favor and go back to watching The Daily Show or Scooby Doo for all of your news information.

Do you not like Latin words? Oh, I apologize. You get your information from a comic on a comedic channel. I would have used "MO" to abbreviate the word, but MO is commonly used to reference middle office so I thought it would be more clear to simply spell out the word.

And if douchiness is maximized by using appropriate and commonly used words to describe a situation I will consider myself guilty as charged.

Please stop, you're only digging your hole deeper and deeper.

you might just be the smuggest internet hero I've ever run across. I can see you right now sipping on some red wine reading a novel. People like you rank below hipsters

I was drinking Pinot last night, no vino for me tonight. And you are against wine and reading? Man oh man, Comedy Central is ruining this country.

Maybe if you picked up a book now and then Leibowitz wouldn't be able to influence you as easily. Tsk Tsk.

holy shit you're worse then I thought.

I must be getting trolled right now. This guy can't be real.

In case you are forreal, let me take a shot at it.

1. You spend a majority (looking at your post representation) of your time on an internet forum aimed at college/post college students trying to break in to the finance industry. Now I'm not entirely sure but I'm assuming that you are well into your 20's and possibly even 30's, and that you already have a job. This could only mean you come on this forum to get some much needed attention that you cant seem to find anywhere else.

2. I've seen you state your opinion very aggressively. You have a strong stance on opinions, as do most people, but most people decide to, oh I don't know, talk about them with real people. Let's assume most of your acquaintances got tired of you a long time ago which forced you onto the interwebs to spit your oh so worthy opinions. I think it's safe to say you don't have many friends, yet somehow you've convinced yourself that you do. Or even worse, you're few friends are EXACTLY like you.

3. You use words like vino instead of wine and talk about yourself as if you are much better then others.... on an internet forum.

Stop looking for the attention you lack via human interaction online. It only makes you a much more suckier person then you already are. Take a look in the mirror dude. You probably have some cum in your hair.

Did baby get upset? lol. And what is wrong with using vino? Do you not like a vocabulary? Hahahaha.

And what is with all the gay references? Talking about cum, me being up my ass, etc. Someone has some latent tendencies me thinks.

Go see a therapist or a glory hole kid. lol

You are actually incorrect. The most posts go to Eddie, who is 40. I just have a lot of silver banana's which increase my score.

Proper due diligence friend. Learn it and love it.

Why would I refute anything you said? And you are the one with the gay innuendo's the entire time.

To be fair a) ~55% of those posts are to answer questions about MSF and MAcc programs for which he runs a pretty profitable site and b) he might be 30 but he has a legit job and uses this, like a lot of us, to fill time when he's not working but stuck at the office