The good folks in the Obama administration and in the media took on the wrong foe with Jim Cramer, for the outspoken CNBC personality struck back at his ill-informed and economically-challenged critics Monday in a fashion those that have watched him for years have grown to expect.
In his self-titled "Cramer Takes on the White House, Frank Rich and Jon Stewart," the "Mad Money" host: referred to the current White House as "exacerbating the crisis with its budget and policies"; accurately exposed the New York Times' Frank Rich and comedian Jon Stewart for cherry-picking snippets of his on-air recommendations in order to discredit him, and; complimented the civility of folks on the right declaring, "I always love anyone from Fox on the team because they are fierce in their defense with much less gratuitous slamming."
How delicious. Here are some of the highlights:
President Obama's team, unlike Bush's team, demonstrates a thinness of skin that shocks me. When I somewhat obviously and empirically judged that the populist Obama administration is exacerbating the crisis with its budget and policies, as evidenced by the incredible decline in the averages since his inauguration, I was met immediately with condescension and ridicule rather than constructive debate or even just benign dismissal. I said to myself, "What the heck? Are they really that blind to the Great Wealth Destruction they are causing with their decisions to demonize the bankers, raise taxes for the wealthy, advocate draconian cap-and-trade policies and upend the health care system? Do they really believe that only the rich own stocks? What do they think we have our retirement accounts in, CDs? Where did they think that the money saved for college went, our mattresses? Do they think the great middle class banks at the First National Bank of Sealy and only the wealthiest traffic in the Standard & Poor's 500?" [...]
As someone who just wants to help people preserve capital and help it appreciate when the time comes when it is not too risky to do so, I am appalled at the attack and badly want to engage in the issues and tone down the rhetoric. What's the point? The country's in crisis. We need to stop the lurching nationalization of banks, something that's come about because the Treasury and the Federal Reserve have not been able to regain control of the banking system from the short-sellers who seek to wipe out the common equity and "win" by placing all banks in receivership. [...]
Take Frank Rich and Jon Stewart. Both seize on the urban legend that I recommended Bear Stearns the week before it collapsed, even though I was saying that I thought it could be worthless as soon as the following week. I did tell an emailer that his deposit in his account at Bear Stearns was safe, but through a clever sound bite, Stewart, and subsequently Rich -- neither of whom have bothered to listen to the context of the pulled quote -- pass off the notion of account safety as an out-and-out buy recommendation. The absurdity astounds me. [...]
We need to declare a war on unemployment and solve it before we let it get out of hand. We need to stop house-price depreciation. Neither the pork-laden stimulus plan nor the confusing mortgage proposal put forward by Obama will defeat either enemy. When Obama trounces both unemployment and house-price depreciation, he will have the power to enact anything he wants. But all the initiatives he wants to rush, like tax hikes, changes in health care, tinkering with the mortgage deduction -- good grief, right now in the midst of the worst housing downturn ever -- and the tough cap-and-trade rules, will derail any chance we have of turning this economy around. Instead, they put the Second Great Depression smack on the nation's table. The markets thought he could stop it; hence the giant relief rally when he was elected. But in fewer than 50 days of his ascendancy, the markets' hopes were totally dashed and the averages are now forecasting the worst decline since the Great Depression. As someone who listens to what the averages are screaming, I think they are accurately predicting the future. [...]
(Oh, and memo to Bill Maher: Stop insulting my faux great-great-uncle Vlad Lenin. I am using him to dramatize the point of a failed nationalization and confiscation of the banks at the hands of the people. It is funny how the right is certainly very civil as my old friends and new allies as of last week, Fred Barnes and Sean Hannity, don't hold my left wing social view against me when they talk about my criticism of the president! I always love anyone from Fox on the team because they are fierce in their defense with much less gratuitous slamming.)
Nicely done, Jim. I couldn't have said it any better.
—Noel Sheppard is the Associate Editor of NewsBusters. Follow him at Facebook and Twitter.
Editor at Large
Comments Policy
I certainly admire and agree with
March 9, 2009 - 09:48 ET by legacyrepublicanhis call to debate the issues, not degrade your opponents with personal attacks.
We are Spartans!!!
March 9, 2009 - 12:51 ET by ApacheObama better get the economy turned around or else I'll have more free time to photoshop. Like this one here:
http://i591.photobuc...
that is so many shades of
March 9, 2009 - 12:55 ET by katainkentthat is so many shades of wrong.
I see Obama Xerxes trying
March 9, 2009 - 13:25 ET by ApacheI see Obama Xerxes trying to pal up to Cramer Leonidas and Cramer not having any of it. Obama saying "come on, we are all democrats here". Cramer saying "NO, WE ARE MARKET SPARTA!!!!"
Funny to me anyway.
→ Spartans
March 9, 2009 - 13:24 ET by Cool ArrowNow that's funny, I don't care who y'are.
Obama is succeeding and it hurts
Oh yeah, Apache
March 9, 2009 - 13:29 ET by BlondeThat's a hoot.
That ought to get under his thin skin alright.
I hope he fails, too.
That truly was disturbing.
March 9, 2009 - 23:13 ET by EugeniaThat truly was disturbing. Lol!!!
I hope....
March 9, 2009 - 09:48 ET by Prester John...Cramer's tax records are in order.
You never know when he might be audited.
bingo
March 9, 2009 - 09:54 ET by jondelwicheEOM
Anyone else think Cramer's
March 9, 2009 - 09:48 ET by MaideneerAnyone else think Cramer's face looks like the Maxell Cassette Tape/wind tunnel guy from the old commercials?
Cramer was brutal at times
March 9, 2009 - 09:53 ET by jondelwicheCramer was brutal at times at W, so he is hardly a partisan hack.
I think he accurately portrays the hypocrisy and failings of our new leftie administration, but even moreso the lamO media personalities masquerading as "journalists."
There is no better example than the media "faux" outrage over Valerie Plame, while Joe the Plumber's privacy invasion causes real resignations in Ohio to the yawns of the media.
Cramer can rest assured the obama operatives are poring over his tax and legal records. Ask Joe........
You have to wonder
March 9, 2009 - 13:12 ET by 10ksnooker-- how sound is his advice when you consider how bad was his judgement.
Why didn't he see what Obama was before the election?
Interesting
March 9, 2009 - 09:59 ET by BlondeI wonder if maybe he'll get the administration's full attention and make them rethink this stupid path they've put us on.
Doubtful. But it was worth a shot.
I hope he fails, too.
Will they listen?
March 9, 2009 - 10:49 ET by zachlindI would like to think Mr. Cramer could get the administration’s attention but I don’t that’s going to happen. It appears to me the Obama administration could care less. The worse the country’s overall financial condition gets the easier it is for the new administration to enact targeted tax increases, government controls and regulations and in general encourage a much larger and oppressive government. The Obama people are on a mission and they only have so much time to accomplish their goals. I think it’s their plan to let things get so miserable so quickly that the citizens will allow any legislation just to end the crisis. It also appears that small to medium size businesses are the likely target along with the middle class taxpayer. It’s a fact; there are more of them, translating to more tax revenue and greater opportunity to control more people and their habits. It’s certainly socialism to say the least but I think it’s a more aggressive form of socialism.
True, zach
March 9, 2009 - 11:04 ET by BlondeOr should I say zachtly?
Remember, both Obama & Rahm have let the cat out of the bag....with spreading the wealth and always taking advantage of a good crisis.
I believe they're doing this on purpose, too. Chicago thugs & radicals.
I hope he fails, too.
Will the admin. listen? NO
March 9, 2009 - 11:14 ET by thebutlerdiditCramer is a decent guy, I disagree with him on almost everything, vehemently, but he does want to do what's right as far as business is concerned. He gets the system. As for Obama & Co. listenening to him? No. That is not their agenda. Cramer says in the full six page article that he still agrees the rich should be hit hard with taxes, and that he still agrees with the rest of Obama's policies. Um, yeah. Good on him to stand up for what he knows seems wrong, though. I hope they don't start cavity searches on the man.
All a Democrat needs is the upper-story window of public attention and the chamber pot of rhetoric. How else to explain the rise of Joe Biden? P.J. O' Rourke
Blonde, Zach
March 9, 2009 - 11:39 ET by nofateI believe they're doing this on purpose, too. Chicago thugs & radicals
Absolutely. See below, especially the article "Barack Obama and Alinsky's Rules for Psychopaths". Alinsky was one of Frank Nitti's buds. Funny, I didn't see Alinsky in "The Untouchables".
"The future is not set. There is no fate but what we make for ourselves."
michaelyon-online.com
Thanks, nofate
March 9, 2009 - 11:54 ET by BlondeFiled off for later....I love A.T.
I hope he fails, too.
Incrementalism is the proper term
March 9, 2009 - 11:52 ET by zachlindOver the years Ted Kennedy has often proposed new regulations or laws that he suggested was needed to introduce fairness and efficiency into the world’s greatest medical community. There was a time when I thought that when his fix didn’t work he would see the error of his ways and back off recognizing the superiority of the private U.S. medical system.
As I’ve aged, at great speed I might add, I’ve come to realize Ted wants failure in the private medical community, even failure caused by his own imposed rules and regulations. With failure Ted rides to the rescue on the government-mandated horse claiming solutions and nirvana for all during their time of suffering. Make no mistake; these people have patience. A more proper term for their patience is incrementalism.
My grandson’s name is Zachary and my granddaughter’s name in Lindsey. Just used a little cut and paste for anonymous posting.
Zachlind
March 9, 2009 - 12:07 ET by BlondeIf this topic (healthcare reform) interests you, kindly join us here on The Forums....it's just getting going, but so far it's been a fascinating discussion.
I hope he fails, too.
Absolutely zach
March 9, 2009 - 13:42 ET by Dont_Like_TheBluesI agree. The O administration will NEVER listen to people like Cramer or anyone else. Obama didn't even have to bother with controlling the media through force or legislation. Most of them are leftys and already 110% behind him. The revived Durbin fairness doctrine might be made law and used to silence anyone who objects to him. Also the MSM is so heavily invested in O and his messiah immage, they don't want to look like the absolute fools that they are.
The Community Reinvestment Act of 1977 and additional policies of Klinton encouraged (if not demanded) banks to give loans to idiots. Now the O anmin' wants to solve the problem with more regulation while blaming the original problem on George W and his "lax of regulatory policies". Hearing that speach that Reich made last week made me sick. I just keep wondering when (if ever) the MSM will take any objective view of this bonehead in the white house and his cabinet of tax cheaters, racists and clueless socialists. They're playing with the wealth and future of this country as if it's some kind of classroom exercise.
All further regulation will further tie the hands of businesses ane make failure a higher outcome.
"The interests of [radical Facist] Muslims and the interests of the socialists coincide in the war against the crusaders[USA]."
Osama bin Laden - March 2003
The big question now is...will they listen to Buffet?
March 9, 2009 - 19:18 ET by Cape ConservativeIt is no dishonor to be in a minority in the cause of liberty and virtue. ~ Sam Adams
Why Should Cramer . . .
March 9, 2009 - 10:05 ET by Caringwhiteguybe shocked at the thinness of skin demonstrated by the Obama Administration? Jeez, look at the guy who's allegedly in charge! During his campaign Obama saw racisim behind every criticism, picked a fight with Joe the Plumber, felt hurt when people mentioned his ears and refused to answer any "sensitive" personal questions.
Of course Cramer loudly supported Candidate Obama. Too bad Cramer and millions of other Americans are learning just now that not only does the emperor have no clothes, but that the skin under the clothes is really thin.
Cramer is taken aback that
March 9, 2009 - 10:06 ET by marpelCramer is taken aback that his liberal friends have turned on him. Well, he didn't march lock/step with Comrad Obama, and so he got taken to task.
I believe he had said once (maybe more) that he voted for Obama. Well, Mr. Cramer, now how do you feel?
I just shake my head at all this...Liberals turning on liberals. It's like a den of Tazmanian Devils...dang.
CBS Marketwatch turns on Cramer
March 9, 2009 - 11:44 ET by ThisnThatCheck out today's Marketwatch attack, written by uberliberal Jon Friedman. Friedman starts out by praising Stewart (Nobody on television is wittier than Stewart); attacks Cramer (Jim Cramer's inane frothing); and then CNBC (CNBC's priorities are clearly out of whack).
But Friedman's liberal playbook was was it was all about -- liberal elitism, as expressed in this statement: "CNBC has much to answer for and be embarrassed about. The network has gone overboard in its effort to dumb down business news for the masses". And isn't this the crux of the problem? That someone is trying to lay it all out in understandable terms? That's what riles liberals the most; the loss of control by stuffed, pompous asses. Cramer's real crime is violation of the liberal code of ethics.
___________________________________
The challenge is to follow a consistent plan despite inconsistent prices - Sarah Palin, State of the State of Alaska speech
TnT - great summation!!!
March 9, 2009 - 19:20 ET by Cape ConservativeIt is no dishonor to be in a minority in the cause of liberty and virtue. ~ Sam Adams
Cramer is learning
March 9, 2009 - 10:10 ET by richb313Cramer is learning what it is like to be at the recieving end of the Liberal Attack Machine. His education should serve as a warning to all of us. It does not matter if you were a friend or supporter if you deviate from the company line you will be destroyed.
I'm sorry, but I couldn't resist...
March 9, 2009 - 10:22 ET by jawebster1"I before E, except after C". Jim Webster
Right, but.....
March 9, 2009 - 11:52 ET by richard....not always, such as in the word their.
Carol Platt Liebeau at
March 9, 2009 - 10:17 ET by motherbeltCarol Platt Liebeau at Townhall.com has a great column today urging the President to fix one thing (the economy) before moving on to other things (health care).
Her money quote zeroes in on one of the biggest issues about his mischaracterization of the stock market (emphasis added):
What’s most remarkable is the President’s apparent inability to
grasp the impact of the market’s fall on ordinary people. Speaking last
week, he analogized the market’s fluctuations to a campaign tracking
poll – using, perhaps, the only frame of reference his limited
experience offers. But the analogy is a flawed one.
Every time the market falls, real people lose real money – in their
retirement plans, in their 401(k)’s, in their children’s college funds.
More than half of American households are invested in the market
through direct ownership, pension plans, or retirement funds. And
that’s a world of difference between [that and] the daily ups-and-downs in a
candidate’s popularity –
She is dead on about his only frame of reference here....he just sees it as a reflection of opinion about his policies, ignoring the people who are suffering because of that opinion.
I didn't think it was physically possible, but this both sucks and blows. -Bart Simpson
Cramer is dead on about
March 9, 2009 - 10:35 ET by motherbeltCramer is dead on about Obama and the media making matters worse.
This reminded me of something I read earlier this AM:
Why Obama Wants America To Fail
I think this is a must-read.
McCullough sums it up at the end:
Many think the Obama administration is incompetent, and surely they've
proved this, from the vetting of their appointments to handling the
limited foreign relationships they've entertained thus far.
But on the domestic agenda they are as sly as foxes, and our future is the henhouse.
And in refusing to allow a "good crisis" to go to waste, the strategic move to remake Amerika anew has begun.
PS Anyone else having site problems?
Apologies for the double-posts and edits, but site problems are positively driving me nuts today!
I didn't think it was physically possible, but this both sucks and blows. -Bart Simpson
Site problems galore
March 9, 2009 - 11:49 ET by ThisnThatI'm having a real tough time posting, myself. Slowwwwwww....
___________________________________
The challenge is to follow a consistent plan despite inconsistent prices - Sarah Palin, State of the State of Alaska speech
Sssllloooowwwww Site Problems
March 9, 2009 - 11:59 ET by nofateMotherbelt: same here. Just extremely slow, and this is not the first time, it has been going on for a while now, i.e. probably several months. I go to a different tab, visit a different site and don't have that problem. Usually I go do some chore for a while, 'cause sometimes it takes several minutes for the pages to load and I've got DSL.
"The future is not set. There is no fate but what we make for ourselves."
michaelyon-online.com
Update: 3 min. 10 secs.
March 9, 2009 - 12:05 ET by nofateThat's how long it took for the previous comment to come up on the comments page after clicking the "post comment" button. "preview comment" is similar.
"The future is not set. There is no fate but what we make for ourselves."
michaelyon-online.com
Ditto -- and it's always
March 9, 2009 - 12:11 ET by Jack BauerDitto -- and it's always "transferring data from widget server, and a dozen other sites that seems to be the hoild up."
It's probably just cost and funding. NB doesn't seem to have deep pockets.
I have a new found respect...
March 9, 2009 - 10:19 ET by jawebster1for Jim Cramer. When he said "Sell all stocks" several weeks or months ago, I should have listened. I finally took his advise last week. Better late than never. In the past I tended to agree with his former partner Larry Kudlow more than with Jim, but when I heard Larry go on Hannity's radio show last week with an overly optimistic outlook on stocks, I decided Cramer was the smarter one afterall. Jim Webster
What is it in us that resists the truth?
March 9, 2009 - 12:33 ET by 5kidsnadogGlenn Beck has been warning of the fall of the stock market for a long time. I know Glenn can come off as just little bit crazy, but his crazy suits me. He's the only guy that can make me laugh WHILE he scares the crap out of me. So did I listen to Glenn? Why of course not. Even when the coming election started keeping me up at night worrying about if the socialist won. Even when the stock market started to collapse. Even during the first bailout. Even when Jim Cramer started to cluck like Chicken Little.
One day last week I finally woke up and said ENOUGH. I don't care that I'm not going to be in when it goes back up. It's legalized gambling, I feel rooked, and I'm not doing it anymore. I felt so much better after the money was out.
→ 5kids
March 9, 2009 - 12:43 ET by Cool ArrowWelcome aboard. I hope ignoring Glenn Beck (and Ron Paul, for that matter) wasn't too expensive.
It's been well over a year since we had arguments right here over whether we were in a recession, and the clinical definition provided much cover to the purists, while others didn't feel it necessary to wait three quarters to start evasive measures.
It was here at NB (before Beck addressed it) that I learned about the (then) $52 Trillion Credit Default Swap market. A market that did not exist before 2001, and had grown to thrice the size of Wall Street.
Turned out by calling them "default swaps" instead of insurance policies, they weren't regulated. That's how AIG crashed. That's why there's more to come.
Just my opinion.
Obama - Change you can bereave in
Close to a bottom
March 9, 2009 - 13:40 ET by nofateWhen all the little guys sell out and the sentiment turns markedly negative is when a bottom is near. We may be there already. Here's an interesting Open Thread from July '08 after what turned out to be a bear trap. Here's the cover of a September 9, 1974 issue of Newsweek that was repeated in similar fashion in October in Barron's, almost precisely at the market bottom. The worst bear market of the 20th century was 1929-1932 at about 80%. We are currently down about 55%. I hesitate to say we are at the bottom yet because of the way Obama and his hacks seem to be purposefully driving down stock prices. One theory I saw on FNC yesterday offers hope in that there is an absolutely amazing amount of money sitting on the sidelines, ready to be pumped back into the market and the economy in general, if and when some sort of optimism and sense begins to return policywise. Hope it's soon. I've been on the sidelines for a long time.
"The future is not set. There is no fate but what we make for ourselves."
michaelyon-online.com
→ Me too nofate
March 9, 2009 - 13:44 ET by Cool ArrowI jumped back in a couple of weeks ago and almost got stripped of last years earnings in just 3 days. It was brutal.
I may miss that giant one day recovery, and I may nickle and dime my way back.
Obama is succeeding and it hurts
Cool Arrow
March 9, 2009 - 14:06 ET by nofateYeah, I thought of dipping my toe in several weeks ago, but for me, a market bottom has to have three main factors to be valid: 1. Overwhelming negaivity. I think we're there, although there's always room for more with this current administration trying to privatize everything, 2. at least two days of Advancers smashing Decliners (i.e. 5 to 1 or more) on heavy upside volume, and 3. a lot of new highs with new lows dropping to new low levels. Points 2 & 3 did not happen with the bear trap rally last July, or with the oh so brief post election rally, which also turned out to be a bear trap. Until I see some of those things happen, indicating that the big money is back in the market, I will be content to draw 2 or 3 % interest, whatever it is.
The hard part is deciding if an upturn is going to be brief or if it will have legs. With point 1 definitely fulfilled, it's just a matter of time until we see 2 & 3, but of course "how much time?" is the big question.
"The future is not set. There is no fate but what we make for ourselves."
michaelyon-online.com
hay gang here is a graph of the 4 bears
March 9, 2009 - 15:40 ET by upcountrywaterhttp://dshort.com/charts/bears/four-bears-large.gif
P.R.I.N.T. Money 30 sec YT
upcountrywater
March 9, 2009 - 18:40 ET by nofateGreat link! Thanks.
"The future is not set. There is no fate but what we make for ourselves."
michaelyon-online.com
Re the bottom
March 9, 2009 - 14:04 ET by slickwillie2001Sure, I don't think there's much doubt out there that we are very near a bottom. The problem is that Obammy's war on business will mean that we won't move off the bottom until we rid ourselves of the idiot in 2012. The full impact of a Carbon cap and trade has not been appreciated yet. If Employee Free Choice passes, no manufacturer will ever again build a factory in the USA. Do you think Hyundai, or Toyota, or Nissan will build another factory in the USA? Can you imagine what Carbon taxes will do to high-energy industries like metal smelting, steel mills, and auto manufacturing?
I see rolling brownouts under President Asshat, within five years, because no coal or nuclear plants will have been built, and the green-energy silliness can't possibly pick up the slack. Look at what rolling brownouts will do to manufacturing efficiency.
His war on the investor class also makes it simply less worthwhile to invest. Higher capital gains, higher SS taxes, higher marginal rates, loss of deductibility of state/local income taxes, real estate taxes, and charitable contributions, -all figure into one's decision of how to invest, and what is left to invest. Money on the side now is going to seek better investment. I see investment capital flowing out of the USA and into China, Canada, Japan and select European countries where Obammy's war can't reach companies there.
By the way, most any of the online stock trading companies can buy stock for you on a foreign exchange. It's a little more complicated, but easily done.
An idea for MI
March 10, 2009 - 18:39 ET by UnsaneThe GOP needs to target MI, and flood that state alone with ads that show the cap-and-trade scam for what it really is: a scam.
Yes, it will effect the whole country if His Majesty The Shahinshah pulls that off, but ESPECIALLY MI. If they think it is bad right now with 11.6% unemployment, they haven't seen anything yet.
"CONSUMED DEMOCRACY RETURNS A SOCIALIST REGIME" - Slayer, "Fictional Reality", from Divine Intervention (1994)
It appears Cramer is having
March 9, 2009 - 10:21 ET by ConservativeRexIt appears Cramer is having buyers remorse. He should, it was him and his kind that foisted this empty suit on us.
That's it Cramer, lock the hell out of the barn door now, the horse is out.
→ Fair enough ConRex
March 9, 2009 - 12:48 ET by Cool ArrowBut he could be valuable ally.
I'll admit he deserves the derision, but having been made a fool by Obama, maybe he'll be driven to continue his rants.
Obama - Change you can bereave in
Cool, maybe I'm just
March 9, 2009 - 15:43 ET by ConservativeRexCool, maybe I'm just getting paranoid.
Obama has set up so many strawmen that it's hard to believe a dem could turn on Obama. Maybe he will continue. I hope he does. I've always said it's going to take someone on the left to knock this joker off his perch.
Jim might want to continue...but will his bosses allow it?
March 9, 2009 - 19:27 ET by Cape ConservativeIt is no dishonor to be in a minority in the cause of liberty and virtue. ~ Sam Adams
"thin skinned" doesn't just
March 9, 2009 - 10:30 ET by gopsteve"thin skinned" doesn't just describe Obama, it seems all dem politicians are thin skinned...probably because they are not used to being brutalized by the press the way the gop is...
Fixing Targets Makes Them Easier to Hit
March 9, 2009 - 10:41 ET by nofateThis is not "thin-skinned". It is planned and implemented, once again using the Alinsky rule of fixing the target. This is one facet of a strategic implemetation of a pschopathic philosophy that counts on being able to overcome the opposition before it can mobilize effective resistance. Cramer is just the latest target to be fixed and used to take the mind of the public off of the real agenda, i.e., Barack Obama and Alinsky's Rules for Psychopaths:
Cramer and other questioning progressives have a lot of wakin' up to do out there.
"The future is not set. There is no fate but what we make for ourselves."
michaelyon-online.com
Comments removed...
March 9, 2009 - 10:43 ET by Robert17I posted a comment this morning over at Jim's original article. At that time there were 65 others. Now they are all gone.
Problem on Cramer's Site
March 9, 2009 - 10:58 ET by CaringwhiteguyThere seems to be a technical issue on Cramer's site. It indicates there are (0) comments on the article in question. However, if you click on "add a comment" all the comments come up - - well over 200 as of now.
I know , I know..........
March 9, 2009 - 10:45 ET by DanoI know where Cramer came from, but at least he sees the light now ..........and maybe we can see new "Hope and Change" winning over a liberal lefty one at a time. Thanks for being honest , Jim.
Double post
March 9, 2009 - 10:56 ET by Chris Norman%^^#@!
Noel, Can we add Cramer
March 9, 2009 - 10:51 ET by Chris NormanNoel,
Can we add Cramer to the Liberal Menshevik Group that the Obama Bolsheviks will denounce and exile? He can join, say, Juan Williams, and a few others. I think it might be a big political gulag by the end of four years.
The "Mainstream" Media: By liberals. For liberals.
Too little too late
March 9, 2009 - 10:57 ET by slickwillie2001Cramer said as recently as this month that he still thinks Carbon cap and trade is a good idea, so let's not give him any genius award just yet. Once he sees the effect of Carbon cap and trade, or gets into any reports on what the effects will be, he will change his mind about that too. Unfortunately like the election of the doofus, it will be too late again.
One wonders how someone
March 9, 2009 - 11:18 ET by DJEddleOne wonders how someone with some economic sense like Cramer can be a Democrat. Let's hope it's not all based on social policy. If we've got no capital, hence, no prosperity, social policies really don't matter. Maybe Cramer will join in the revolution...
Revolution? It Can't Happen Here
Hopefully, he'll be on the right side.
Rational Liberty: Where Reason and Government Collide - The best website ever!
Cramer at least says what he thinks
March 9, 2009 - 12:04 ET by StarAZHe YELLS what he thinks. David Brooks, on the other hand, goes back and forth--this morning he is impressed with the logic of the WH "folks" in saying their big govt push is sort of an illusion and only temporary. Why do these commentators care more about being liked by these twits than saying what they think? Oh, don't answer--rhetorical question.
Obama's pattern seems to be attack all critics . . .
March 9, 2009 - 12:19 ET by CKA in Red State USA. . .especially those with highest profiles.
If you read Cramer's piece, he says the the thinnes of skin of Obama and his administration "shock" Cramer.
Boy-leader Obama, a megalomaniacal Marxist who's ignorant of anything outside of his pathological lust for power, and his band of clueless lemmings don't have the common sense to even not attack someone who voted for him.
As Cramer has said that he did.
So conservative Rush Limbaugh defends Cramer?
America's in serious trouble, as we know.
But with such crybabies now running the country, and I do include the Demockacrat/Dementocrat-controlled Congress, our enemies must be celebrating.
All they'll have to do is criticize Obama and he'll huff, he'll puff and then run to hide under and behind the Angriest First Lady's skirts.
America's elected its first boy president, though one who appears to lack the figurative genitalia to stand.
Guess that's what we get when we homosexualize and feminize society?
I can't wait to see his reaction once they include his BIG ears
March 9, 2009 - 19:31 ET by Cape Conservativein their commentaries!!!!
It is no dishonor to be in a minority in the cause of liberty and virtue. ~ Sam Adams
If it ain't Barrack don't fix it!
March 9, 2009 - 12:40 ET by CrashOkay, maybe that should read "If it is Barrack don't fix it." Wall Street is looking more like a limbo contest ... how low can it go!?
Sounds to me like Cramer is pulling a Geraldo and cozying up to Fox.
"A man with an experience is never at the mercy of a man with an argument." Hilmar von Campe
well
March 9, 2009 - 12:39 ET by katainkenthe's sticking with his principles, he's not changing his entire world view and he is admitting it when he's wrong. Certainly got to admire him for that. Plus, I am sure its the best ratings his channel has gotten to enjoy in awhile.
The Manchurian Candidate is loose on the markets. Call it how you see it.
poor Cramer
March 9, 2009 - 12:52 ET by candanceUp next: Cramer is not technically licensed to do his line of work. Oh, and he isn't rich enough to be concerned with Obama's major tax hikes. This is all Cramer's fault because he has been misleading us.
Jim Cramer is one to talk.
March 9, 2009 - 13:06 ET by goldbarJim Cramer is one to talk. He, and everyone at CNBC-- who's business is to call the nuances on the market and give buy and sell advice, never once told anyone to hang back and hold onto your money we're going to be in for a rough ride here. I kept hearing from Cramer, Kudlow, etc. buy, buy, buy. They were touting bank stocks up until the day they were tumbling. Cramer said it would be "silly to take money out of Bear Stearns". The only investors that make money listening to Cramer are the one's that short his picks.
a few questions goldie
March 9, 2009 - 16:11 ET by candanceLast summer when Glenn Beck and Paul Schiff warned about this did you listen? Have you ever given Paul Schiff credit for being right?
Is your premise now that since Cramer missed on the credit collapse he has no right to criticize Obama's plan? That's like saying since I run my car into a light pole I can't complain about the criminal who shows up to mug me.
Cramer insists that his quote about buying stock has been taken out of context. Do you have the full quote or are you going by what Media Matters told you?
PS - If you want to sound smart here, you might want to mind your syntax. Your government education is showing.
Watch for
March 9, 2009 - 17:03 ET by goldbarWatch for yourself
http://www.youtube.com/watch?v=gUkbdjetlY8
FYI. I've had my savings in jumbo CD's for the last two years and I don't particularly listen to anybody.
Keep it in context please
March 10, 2009 - 18:44 ET by UnsaneIt's not really all that shocking, Plumbumbar, that you would take a quote out of context.
Cramer said that leaving money deposited with Bear Stearns is fine. That is entirely different from investing in their stocks.
But what the hell does a committed Socialist like you care? Go pray to your God, His Majesty The Shahinshah.
"CONSUMED DEMOCRACY RETURNS A SOCIALIST REGIME" - Slayer, "Fictional Reality", from Divine Intervention (1994)
Jim, time to move over to...
March 9, 2009 - 14:13 ET by wnaegele...Fox Business.
Obama fix the economy?
March 9, 2009 - 17:28 ET by bknownstYou just have to shake your head when anyone talks about Comrade 0 fixing the economy. His main supporter to gain the White house was George Soros. George's stated goal for years has been to destroy the American economy. All of his money is invested in foreign funds. Does anyone really think Soros's marionette wants to "fix" the economy?
Why is Obama attacking Jim Cramer, anyway?
March 9, 2009 - 17:28 ET by Reaganite RepublicanWhy doesn't he attack every investor in the country, since the market clearly indicates a broad concensus that what Cramer is saying is correct?
-And why doesn't the President and his MSM sycophants address these issues... instead of trying to discredit Cramer, and change the subject? Market reaction in housing and stocks completely support what he's saying- what a shame that narcissist Obama can't take any critisism, because his personality disorder is now becoming a threat to our democracy.
The new administration is already in a tailspin on the economy, ethics, and foreign policy... and their propaganda campaign isn't working, either. Nobody appears to respect Obama's judgement that has any sense of how the world works... and that includes Wall St., the military, the Kremlin, Tehran, and North Korea. And he's basically out to take advantage of our economic concerns to deploy a far-left philosophy while the American electorate is dozing. This megalomaniac isn't very democratic either, only a means to an end for him, not much different than Putin in this regard. Thus the dubious disqualifications of opponents in Illinois, squelching of opposing voices, and various claims of White House privelege and centralized power.
Those who take him at his word are doing this country a great disservice, as Obama will tell you what-EVER you want to hear... as long as you're not rude enough to ask any questions.
Wake up, America... you elected this guy for all the wrong reasons, and you didn't do your due-dilligence. Your celebrity fetish, social guilt, and an MSM propaganda campaign tricked you into backing the wrong horse... and a Trojan one at that. ___________________________________________________________________________
http://reaganiterepu...
Kwitcher Whinin' Cramer
March 9, 2009 - 18:45 ET by Not AmusedOh boo-hoo, Jim Cramer. You know what? You're getting treated like a Conservative. It sucks, huh? Your friends in the leftist media and YOUR CORRUPT DEMOCRAT PARTY has been doing this vicious personal attack stuff for at least 2 decades to anyone — anyone — who dares disagree with them. You belong to a political party filled with intolerant bullies and outright fascists. YOUR PARTY is one small step away from throwing its opposition in prison — and they may still get to that yet. They moved from ridiculing political opposition to criminalizing it a long time ago, and as a proud member of that party YOU are part of the conspiracy. Forgive me if I don't grab a tissue to lament the fact that you've been caught in their vicious attack machine. The next time they ATTACK someone else who doesn't deserve it — you know, someone who isn't actually YOU — and you decide to stand up and call them out on it, get back to me. Until then you're just a whining waste of space who hasn't the intellect to notice that YOUR FRIENDS are the PROBLEM.
Cramer's point about Stewart
March 10, 2009 - 15:01 ET by balboaCramer's point about Stewart was semantics, and Stewart called him on it HILARIOUSLY last night.
He did EVERYTHING but say "Buy B&S."
Here's the
March 10, 2009 - 15:48 ET by balboaHere's the video:
http://www.thedailyshow.com/video/index.jhtml?videoId=220288&title=in-cramer-we-trust