Posts filed under “Television”
As much as I would like to claim responsibility for the buzz — my calm demeanor and rational approach as the cause — in reality, the person on the other side of the argument, Peter Schiff, deserves all of the credit. His cost saving innovation of “paying the ‘Mentally Retarded’ $2 an hour”might have something to do with the interview going viral.
It got picked up by lots of press; here is the short list (let me know if I missed anything)
• There’s a Good Reason Why Everyone’s Cricizing Peter Schiff (Policy Mic)
• Must-see morning clip: Eat your McNuggets with a side of delicious poverty (Salon)
• TDS: Peter Schiff Suggests the ‘Mentally Retarded’ Could be Paid $2 an Hour (Crooks & Liars)
• Peter Schiff And Barry Ritholtz Battled Over The Minimum Wage On Last Night’s Daily Show (Business Insider)
• Rich CEO Wonders Why ‘The Daily Show’ Hates The, How You Say, ‘Retarded’ (HuffPo)
• ‘You’re worth what you’re worth!’: Libertarian CEO worth $70M says the ‘mentally retarded’ should be happy to work for $2 an hour (DailyMail)
• Behind scenes look at Daily Show minimum wage segment (MetaFilter)
• ‘The Daily Show’ Finds Out Who Deserves to Work for $2 an Hour (Yahoo)
• CEO: ‘Mentally Retarded’ Could Work For $2 Wages, ‘You’re Worth What You’re Worth’ (CBS Connecticut)
• CEO tells Daily Show ‘mentally retarded’ could work for $2: ‘You’re worth what you’re worth’ (Raw Story)
• Rich CEO Tells ‘Daily Show’ The ‘Mentally Retarded’ Are Maaaybe Worth $2 An Hour (HuffPo)
• Jon Stewart: Obama Now in the ‘F*ck It’ Stage of His Presidency (Mediaite)
• Watch the Daily Show Mock Arguments Against Raising the Minimum Wage (Eater)
• ‘The Daily Show’ Finds Out Who Deserves to Work for $2 an Hour (The Wire)
• This CEO Wants To Pay ‘Mentally Retarded’ People $2 Per Hour (Addicting Info)
Yahoo Home Page
Peter Schiff has complained he was quoted out of context:
• UPDATE Jan 30, 2014: Peter Schiff responds: ‘The Daily Show’: Intellectually Dishonest about the Intellectually Disabled (Schiff Radio)
• Feb 1 2014: “The Daily Show”: A Call To Action (Schiff Radio)
• Investor Peter Schiff digs himself in deeper after ‘Daily Show’ remarks about the ‘retarded’ (Raw Story)
• How To Not Get Pwn’d By The Daily Show – Peter Schiff Interview (Libertarian Republic)
• Peter Schiff Releases Daily Show Email, Accuses Them of ‘Lying’ to Him (Mediaite)
Below is my Daily Show debut.
The segment was pretty good. As noted last night, we shot for 2 hours, and lots of great stuff was left on the cutting room floor. The discussion on higher paying retailers such as Costco and Trader Joes versus Walmart was actually interesting, and Samantha was really funny in that section. I guess if I wanted more screen time, I should have spoken about retarded people deserving to earn less than minimum wage (watch the video to understand).
Samantha Bee explores the devastating economic effects of raising the minimum wage to the poverty level.
(04:59) January 28, 2014
Tonight, after the opening segment but before Louis CK comes on, I am deeply involved in the middle segment of The Daily Show. How this came about is an interesting story — one that is strange enough to be worth sharing. [Update: Here]
I am either brave or foolish publishing this before the show airs, but I don’t think I made too big an arse of myself. Regardless, it would not be the first time I did so on Television in my professional career.
This episode came about thanks to a post I did for Bloomberg View on the minimum wage. I was at a hotel in Hartford, waiting to give pension fund investors my Romancing Alpha schtick. I had 90 minutes to kill, so I banged out this commentary titled How McDonald’s and Wal-Mart Became Welfare Queens. The story of the McResource hotline had already broken, and I wanted to address it from a perspective of a corporate subsidy from taxpayers. (The follow up are here and here) [Update: This interview was on December 18th, long before tonight's SOTU address, which hit on many of the same issues]
I don’t use a publicist, so you can imagine my pleasant surprise when an email came in from the Daily Show producers asking me questions about the minimum wage and corporate subsidy column. We chatted a few times, the idea got kicked around by the writers and producers . . . and then the call came. “Hey, can we shoot you next week?” My response: Sure. (Why didn’t I get a haircut?)
This wasn’t the first time I had been tagged by them — When Alan Greenspan retired from the Fed, they reached out (I put them in touch with Kudlow & Cramer instead). And it looked as if Bailout Nation might have landed me in the guest chair, but that never quite materialized. So this was quite a lot of fun, and felt like a long time coming.
As the photos below show, they arrived in our midtown office with tons of equipment. It took over 90 minutes for them to set up.
Shortly afterwards, Samantha Bee showed up. She is a combination of hilarious and delightful. We settle into the chairs, and she begins to fire questions at me. For this 4 minute segment, we shot for two hours. The hardest part was not cracking up. Her facial expressions and cacophony of shrieks, whines and laughs are infectious. I ruined a few takes breaking up laughing.
A few interesting things I learned about The Daily Show over the course of our shooting — first, they don’t want to tell you who is on the other side of the argument. I had suggested to them that Peter Schiff was a perfect guy for this, as he had been haranguing Wal-Mart shoppers in the parking lot (See this and this). The next night at dinner with a group of media folks and strategists they confirmed that it was indeed Schiff on the other side of the debate (he apparently told them). Fun!
Second, it appears that TDS has some smart lawyers who’ve thought this thing through. All of the answers were recorded following each question in one continuous segment. When I screwed up or ruined a shot, they had to go back to ask the question again, with the response immediately following in the same shot.
In other words, they don’t cut up your answers or pull them out of context. Question, Answer, Question, Answer. I assume this keeps litigation from angry remote guests to a minimum.
Over the course of two hours, its pretty easy to say something stupid — especially when one of the funniest people on earth is two feet away making faces and saying very funny things. I hope I didn’t embarass myself. We”ll find out at 11:06pm or so.
Anyway, here are some of the snaps I grabbed with the phone. The last one is a spoiler so its after the jump . . .
A group of the world’s wealthiest people gather in an secluded mountain enclave to discuss concerns over income inequality. (02:08)
Mountain Few – The Money Oscars at Davos
Jason Jones scores an all-access pass to some of the most horrific chronicling of human misery seen in decades, and Sam Bee parties in Davos. (03:08)
Tonight on Frontline: To Catch a Trader.
FRONTLINE correspondent Martin Smith goes inside the government’s ongoing, seven-year crackdown on insider trading, drawing on exclusively-obtained video of hedge fund titan Steven A. Cohen, incriminating FBI wiretaps of other traders, and interviews with both Wall Street and Justice Department insiders.
I am a born and bred New Yorker who loves our pizza. But I also appreciate Chicago pizza like Eduardo’s and Malnati’s. These segments not only resonated, but were hilarious: Chicago takes exception to Jon’s rant against the Windy City’s signature deep-dish cuisine. Strife of Pie The Daily Show Get More: Daily Show Full Episodes,The…Read More
Drudge broke the news that Maria Bartiromo is leaving CNBC and heading to Fox Business News. Business Insider confirmed it with CNBC. She leaves the network she has been with for more than 20 years November 24th. I am sure there is an interesting back story that I know nothing about, but here is…Read More
Jay-Z faces pressure to end his partnership with Barneys over racial profiling, but Larry Wilmore sees selling out as a sign of progress. Shopping While Black The Daily Show Get More: Daily Show Full Episodes,The Daily Show on Facebook TDS, November 6, 2013 (06:45)
Long Island’s Economy Back on Track after Sandy Jason Bram and Rachel Keller Liberty Street Economics October, 2013 In late October last year, Superstorm Sandy devastated and disrupted much of the tri-state region, including a large swath of Long Island. For most of Suffolk County and inland parts of Nassau County, the disruptions were…Read More