1. Mediaite
  2. Gossip Cop
  3. Geekosystem
  4. Styleite
  5. SportsGrid
  6. The Mary Sue
  7. The Jane Dough
  8. The Braiser
Advertisement

Jon Stewart (And His Hilarious Lieberman Impression) Blast Congress For Insider Trading

video
» 87 comments

Taking a break from the 2012 campaign and the workings of the White House, Jon Stewart turned to the issue of Congressional insider trading– members of Congress privy to private information because of their committee assignments who can legally use that information for profit. As Stewart put it, it’s a system of checks and balances: “they deposit checks; it increases their balances.”

RELATED: Jon Stewart’s Interview With Ricky Gervais Devolves Into Hysterical ‘Pandas F**king’ Routine

Stewart became increasingly frustrated with the language members of Congress used to describe the situation, and how each in turn evaded responsibility. It came to this: one member of Congress making the point, as if having just discovered America, that Congress should, in fact, follow the same laws that other Americans do. “Yes, Congress should follow the same laws as everybody else,” Stewart mocked, “I think that was part of the No Shit Sherlock Act of Always.”

Then he turned to the actual legislation– or, rather, members of Congress did, coming up with not just confusing interpretations, but no interpretations at all. Stewart played clips of Rep. Eric Cantor and Sen. Joe Lieberman discussing the legislation regarding trading. “What does it mean?” was a recurring theme in both of their interpretations as they read the law verbatim. Given that they were legislators, the fact that they were asking others what the law meant got to Stewart the most. “What do you mean, ‘What does it mean?’ You wrote the f*cking thing! Really, Lieberman?” he wailed. Debuting a dead-on impression of Sen. Lieberman, Stewart made the point that, when made to read actual laws, Congressmen “all sound like English professors– ‘this sentence, what does it mean?’”

The segment via Comedy Central below:

Part 1:

Part 2:

Follow us on Twitter.

Sign up for Mediaite's daily newsletter.

Email Twitter Facebook Digg Reddit Stumble Upon Yahoo Buzz LinkedIn Tumblr Delicious
  • Anonymous

    If there’s a single issue that should be able to bring everyone together in a bipartisan manner, this is it. Legislators who abuse their positions this way should get the boot — or worse — regardless of whether they have an R or D after their name. 

  • Anonymous

    I think you right but sadly I think we both know that to many in top positions on both sides would never let this happen.

  • Anonymous

    I was just going to post this same thing, actually.

    Surely this is the one issue where “liberal” mediaite posters and “conservative” mediaite posters can come together and finally share some quality bonding time over our mutual hatred of congress.

    So who wants to play a game of scrabble?

    Anyone?

  • Tucsonense

    Nice concept but it will be a matter of time on this clip that conservatives will make something out of it and rip liberals…..Lets wait and see……

  • Anonymous

    Awwwww.

    You can thank Palin for this bill being discussed and passed, even if it’s been said that it won’t tackle all of the problems.

    Look up the reason why this bill was even an issue. CBS interview. I’ll wait.

  • Anonymous

    Pelosi is the biggest insider trader person out there. Or at least one of them. Spencer B. was another one.

  • Anonymous

    Listen hear Mediaite i don’t visit your site for bipartisan agreements or non vitriolic video clips. If i want to see that i would watch CNN.  I come hear for one reason only, to strike fear and agony in the hearts of liberals. 

  • Anonymous

    *facepalm*

  • Anonymous

    In other news, Pelosi sold out Occupy. You can’t make this stuff up.

    http://freebeacon.com/nancy-pelosi-sells-out-occupy/

  • Anonymous

    The Occupy movement is not a puppet for the the Democrats.   Try thinking outside the box.  

  • Anonymous

    I guess it can be worse, she could’ve been passing out Tobacco Lobbyist checks on the house floor.   

  • Anonymous

     Quote the Kurgan: “You waste your time.”

  • Anonymous

     >>>If there’s a single issue that should be able to bring everyone together in a bipartisan manner, this is it.<<<

    Agreed.  We all should agree Jon does a killer impersonation of Leiberman.

  • http://www.facebook.com/matthew.minard Matthew Minard

     He sounds like that cartoon dog.

  • Anonymous

    Ill play. I just spelled Obama and it gave me 2012 points!

  • Hout Bosques

    What’s most likely is that individual congress critters will parse their own positions with their constituents while vociferously blaming this strangely unaccountable entity known as “Congress” & all those OTHER critters who hang around that water hole – resulting in the disbelief that incumbency rules. As usual, squared. This business of Beltway elected officials trading in insider information has been going on for a while now – about, oh, 230 years. It’s systemic, a product of the fact of government & of its structure. As much as Stewart may mock it, the most practical thing to be about it would be to set up transparency requirements – which at least the Democratic caucus tried to do before it was blocked by Republicans.

  • Anonymous

    Was Stewart doing an impression of Lieberman or was he doing George Jessel doing Lieberman?…LOL

  • http://www.facebook.com/people/Emma-Thomas/100003357377085 Emma Thomas

    Checks and balances.lol.

  • Love of Country

    Jon Stewart is totally over-rated and a touch racist as well …

    If you are a liberal and disagree with me …. hit my like button.

  • Love of Country

    Van Jones created OWS strictly for the purpose of being his puppets …. they didn’t even know why they were there …. in a hundred interviews …. those Van Jones puppets couldn’t even say what they were protesting.

    Your post could not have been more dishonest and naive if you had tried …. lmfao.

  • Anonymous

     Well yeah. That’s made perfectly obvious by this clip critisizing congressional insider trading.   Only a liberal shill would complain about that, and expect congress to follow the same laws everyone else does. Dam liberals. 

  • Anonymous

     Exactly. He’s compared Lieberman to Droopy before.

  • Anonymous

     That means you won’t be coming anymore because you totally suck at that right?

  • Anonymous

     Finally!  Exactly the point. Our common enemy is wide spread corruption rampant in both parties. Even party members who aren’t actively participating are doing little or nothing to address it.

    You’d think the public could agree on this and pressure thier members of congress to deal with it.

  • http://www.proactivepolitics.blogspot.com/ Norbit Peters

    Whoa!
    Almost 8 hours as the top thread and less than 30 comments?

    I wonder if Stewart, like his President, are losing their bluster – and appeal?

  • Centrist79

    Senate approved this 96-3, but it seems that Cantnor has held this up. This one bill that should all sides can agree is a very good law.

  • sid_id

    More likely is because there is nothing to bluster about. This story is something that everyone could agree on — Congress should have to follow the same laws that the rest of us do.

  • Centrist79

    You know that is complete bull, I think Chuck Grassley and Louise Slaughter should be given credit for the bill. Palin gets credit for thinking that it is a good idea along with the 96 Senators who passed the bill in the Senate. 

  • http://www.proactivepolitics.blogspot.com/ Norbit Peters

     Another bone!
    This guy can’t conceal his obsession to control the populace – that’s the big issue this year, Freedom vs. Government Subjugation.

    Catholics have already abandoned him in droves, and that will soon include lots of Hispanic Catholics, who by-the-way, Obama’s campaign manager just impugned!

    Wait until the battle is engaged.
    It’s going to be a long, hot summer for Marxism!

    And oh yes Democrats, do try to have YOUR OWS rioters burn down some more buildings this summer – it’s a great fundraiser!

  • Anonymous

    And you’ve failed. Feel free to move along. CNN awaits you. (And PS: please learn to spell.)

  • Anonymous

    GOP cant possibly side with Occupy Wall Street and agree insider trading is wrong can they?  Next thing you know Republicans would be growing their hair smoking dubies and raping innocent people right?

  • Anonymous

    The conservative shills never read the articles. They always revert to their “Jon Sewert is a liberal” spiel no matter what the article is about.

  • Anonymous

    “you know what? Im happy.”-Lieberman

  • Anonymous

    So far you’re failing at your one purpose in life.

  • Anonymous

    We could thank Palin for this? You mean the lady that thought TARP was a form of canvas?

  • http://www.proactivepolitics.blogspot.com/ Norbit Peters

     You don’t have to side with people raping women and burning down buildings to agree insider trading is wrong.

    When will we be hearing condemnation from the White House over the OWS violence?

    remember the White House warning of Tea Party violence, when there was none? – Now, SILENCE!

    These are THEIR ANARCHISTS in the street, and this election may be more profound in it’s aftermath than its prelude!

  • http://www.proactivepolitics.blogspot.com/ Norbit Peters

    Agreed, but this pales in comparison to the billions in Crony Capitalism Obama’s already given out to his political supporters.

    Selling access to the White House should be a crime too.

  • Centrist79

    Considering Senate passed this bill 96-3, maybe this is bipartisan issue.

  • Anonymous

    awww you think palin has more influence than elected officials on legislation. how cute. 

  • Centrist79

    Catholic Clergy have abandoned Obama, but groups like Sisters of Mercy and the largest non-profit health system, Catholic Health Associaton 750000 members along with many Catholics who use birth control approve of the new compromise.

  • Centrist79

    I am not sure you strike fear and agony to the hearts of liberals, more like sympathy for the mental health disorder that you suffer. Get well soon.

  • sid_id

    Yeah, Obama is guilty of crony capitalism. But his predecessors are just as guilty and so are members of Congress. This is an issue that has been going on for decades, involves both parties, and will bring ruin to this country unless it is stopped. Watch this interview with David Stockman (Regan’s OMB director) as he traces the current financial crisis we face back to the Clinton era, and how every President since then has done nothing to stop it, but embraced it and made it worse. It’s a sad state of affairs when our country is no longer governed by the people but by corporations instead.

    http://www.againstcronycapitalism.org/2012/01/david-stockman-ronald-reagans-omb-director-on-crony-capitalism/

  • Anonymous

    I look forward to your condemnation of people from the previous administration whose friends in companies like Haliburton made a great deal of money from the war in Iraq and other decisions that seemed to benefit them and them alone.

  • Anonymous

    One of the most un-American posts I’ve read on here.

    Good job idiot.

    You are going to be jammed up for months until Obama wins another term and then… four more years of extreme paranoia.  I feel bad for you.

    I almost wish there was a respectable Republican candidate to go against Obama so you’d have a dog in the fight, too bad the “best” of the Republicans of the free world have already been declared the losers months before the fact, rightfully so.

  • Anonymous

    When will we hear condemnation of the groups that persecute people working in abortion clinics from the Republican party? When will we hear them trying to drum out people who commit marital indiscretions with the same righteous fury that they went after Anthony Weiner? When will we see actual proof from folks like you on the right that everyone involved in OWS is a criminal and guilty of rape and vandalism and other crimes and it’s not one or two bad apples who’ve glommed onto a movement anyone can join, rather than incredibly poorly thought out attempts to smear groups you disagree with?

    No? Whining people unfairly categorised the tea party too is no justification at all for someone defending a party that so loves to claim the high moral ground even when it has no right to.

  • Anonymous

     Hey , way to stay on topic.

    I see your imagination is healthy. Good for you.

  • Anonymous

    Or to describe it more accurately, if there’s one issue that everyone in this Congress can push back on in a bipartisan manner, it’s being forced to follow the same rules as everyone else. 

  • Anonymous

    I think your fellow conservatives are more fearful of what you’re going to say then liberals are.  You do a greater disservice to your own movement than to anyone else’s. 

  • Anonymous

    Lemme get your version straight.  Jones created an army of puppets to do his bidding, then he sent them out into the American major cities so they could indoctrinate the masses with his message of “Uh…we don’t know what we’re protesting”?!?

  • Anonymous

    Implying that “bluster and appeal” have anything to do with comments on a  random news site.

  • Anonymous

    Eric Cantor is this Senate’s stoneparkIV.

  • Anonymous

    Please elaborate on how Stewart is totally dishonest.  Here, I’ll get you started – John Stewart is totally dishonest about the issue of insider trading in Congress because….

  • Centrist79

    I give Cantor the benefit because he comes outside, not so sure about Stonpark

  • OSTL

     rent free

  • OSTL

     liberalism is a mental disorder

  • Anonymous

    I know I keep touting Stewart, but he is brilliant.  His comedy is what we need in this topsy turvy world of politics.  Keep them coming Jon.

  • Walt

    Billions?  You are an idiot Norbit. Why don’t you do a little research on the the cronyism that was operated under George Bush you hypocritical idiot. 

  • Anonymous

    Not a great impression. Brian Whitman does a better Lieberman, IMO.

     http://www.youtube.com/watch?v=2TyjcW-B4IM

  • Walt

    You are an idiot Norbit.  Breibart lied about the rapes.  If you spend a little time researching his listed cases of rapes you will find there is nothing there but repeated lies and stories that hold no truth for which Breibart accuses.  Your head is so full of bullshit… your are an idiot. 

  • http://mediamatters.org/ Leedog

    “Is Eric Cantor Trying To Kill The Proposed Ban On Congressional Insider Trading?”

    “Over in the House, meanwhile, House Majority Leader Eric Cantor (R-VA) — who reportedly blocked Bachus from bringing up a ban on congressional insider trading in committee — wants to expand the legislation to include bans on other sorts of transactions, such as land deals. UCLA Law Prof. Stephen Bainbridge notes that this is likely an attempt by Cantor to kill the bill by making it so overly broad that no one will vote for it:”

    http://thinkprogress.org/economy/2012/02/02/417767/cantor-insider-trading-ban/?mobile=nc

  • Walt

    Eric Cantor and other republicons watered down the House Bill in committee.  Its too weak and even Nancy Pelosi agrees with this.  This is just PR by the republicons in the House that does not fix the problem. 

  • http://pulse.yahoo.com/_SMUGSPLRKQOJBS5T6I4S5H2YSE Andy-48

     We all know that Martha Stewart did her time for insider trading, but I think that our Congress should make sure that they don’t become a mockery of justice. She did the time, it’s about time for some of our Congressmen/women and Senators to do some time too.

    I’d also call on these jerks that are telling the hedge fund managers just what Congress is doing to be convicted of a insider trading too. Let’s see some of our jails filled with White Collar crime. And I would make sure that they don’t go to Club Fed. I want to see them do their time with hardened criminals because that is what they are.

  • Anonymous

     Do you have any evidence to support the assertion that Van Jones himself created OWS?

  • Anonymous

    I just want to know. Are you trying to convince us or yourself? Because all I hear is blah blah marxist blah blah hate blah blah more hate. Whats that all about?

  • Anonymous

    scathing rebutal, and very in depth you, must be so proud!

  • Anonymous

    You really need your meds. Before you head out with a gun.

  • Anonymous

    Eric Cantor, what a punk, I bet he got his ass kicked everyday in school.

  • Anonymous

    Making fun of Goldman Sachs is bipartisan…since they own EVERYBODY.

  • Anonymous

    The only reason this was even being talking about was because of someone Palin employs. Keep up.

  • Anonymous

     Tarp is a canvas. You put it on boats. Keep up.

  • Anonymous

    Is that referring to someone? Do tell.

    You can’t get worse than Pelosi.

  • Anonymous

     The Occupy is the Left. It’s the Left of the Left. Keep up.

  • Anonymous

    When you have to start listing the groups that support you, your bill is tragic.

  • Anonymous

     The person that even made this an issue said that it wouldn’t curb everything. Keep up Centrist!

  • Anonymous

     Don’t link to thinkprogress here. I mean seriously.

  • http://mediamatters.org/ Leedog

    The truth hurts!!

  • Love of Country

    Two weeks before before the OWS debut … I watched and heard Van Jones say he was working on a movement that would put the Tea Party to shame.  Van Jones is a self avowed communist for Pete’s sake.  Your desire to defend him only speaks to your considerable Anti-American persona.

  • Anonymous

    Okay Mrs 1st dude.

  • Anonymous

     That’s not evidence.  Unless you can establish a factual connection between the two events, it can only be seen as a coincidence.  AdBusters has more to do with the creation of OWS than Van Jones.  OWS was planned and scheduled to begin months before people started to set up tents in Zuccotti Park.

    I am not defending Van Jones, by the way.  I’m asking you to provide some evidence to back up your absurd claim.  I’m asking you to be intellectually honest.

    However, I do like that you’re more than willing to make baseless claims about your fellow commenters.  I’m not ‘anti-american’, I’m anti-nationalist. 

  • Anonymous

     Christ… Tarp is made of canvas.  TARP is the Troubled Asset Relief Program

  • Anonymous

    The turkey with the orange tan

  • Anonymous

    You simultaneously bore me and entertain me. Quite the paradox, eh, dooshy?

  • Centrist79

    I call bull.

  • Anonymous

    Just the opposite, lady.

  • Centrist79

    Actually is compromise to solve a problem.

  • Anonymous

    Billions of brain cells dead between your ears. Enjoy yourself for the next four years, lame brain. The hilariously confused GOP is a loser.

  • Centrist79

    Do you even know what subject we are posting about.?

© 2012 Mediaite, LLC | About Us | Advertise | Newsletter | Jobs | Privacy | User Agreement | Disclaimer | Power Grid FAQ | Contact | Archives | RSS RSS
Dan Abrams, Founder | Power Grid by Sound Strategies | Hosting by Datagram