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Jim Cramer gets some advice from Martha Stewart, calls Jon Stewart his ‘idol’

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As anticipation builds for tonight’s showdown between CNBC pundit Jim Cramer and “The Daily Show” host Jon Stewart, Cramer visited another Stewart to get some tips about how to take on the comedian.

“This is killing me,” Cramer said during today’s edition of “The Martha Stewart Show.” “My kids only know I have a show because Jon Stewart is skewering me. ‘Dad’s got a show! Holy cow!’”

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The former hedge fund manager admitted he was “a little nervous” about his appearance tonight on “The Daily Show,” which comes after the two men have exchanged sharp retorts about CNBC’s coverage of the financial meltdown.

On Wednesday night, Jon Stewart hyped Cramer’s appearance as “the inevitable consummation of this largely manufactured battle between a man who makes people laugh for a living and whatever people think I do.”

“How bad is it going to be?” Cramer asked Martha Stewart today.

“You should be nervous,” she replied.

“Is he going to kill me?” he asked with a laugh.

“He’s fast as lightning,” she responded.

“I’m slow as molasses,” Cramer said.

“Ah, no you’re not,” she assured him. “But I would take the banana cream pie we are going to make a little later on. You can either feed it to him if he calms down or you can throw it at him.”

The domestic diva professed her admiration for Jon Stewart, saying that “he does what Twittering does in a way, because he’s reaching a vast audience that never, never, never paid attention to the news before. You know, college kids. But rather than getting always news, they’re getting commentary.”

“But that’s what I try to do,” Cramer said. “The reason why it’s been so hard for me, the attacks, is that I early on I patterned my show off of his, which is that you can do an entertainment business show. And then to be suddenly attacked by a guy that’s your idol makes it difficult.”

“Well, you tell him all that tonight,” Martha Stewart replied. “I can’t wait to see this. Oh, boy.”

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“I mean, he’s going to be standing there giving me the business, I’m going to have to fight back,” Cramer said. “I’m not a doormat. Do I impress you as a doormat?”

“No way,” she said. “That’s why I’m going to watch. That’s why everybody in the world is going to watch tonight.”

-- Matea Gold

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