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“Exposing & Combating Liberal Media Bias”
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Jim CramerOops -- Cramer's October 12 Unemployment Prediction: 'We Are Not Going to Reach 10 Percent'Drinking the Kool-Aid on MSNBC wasn't enough, even for CNBC's Jim Cramer, to escape the reality that Obamanomics isn't working. Back on October 12, Cramer, to his credit, knew there were some problems with the $787-billion stimulus passed earlier this year. However, he felt it was necessary to pledge his admiration for President Barack Obama, Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke. But, Matthews asked Cramer if there would be something tangible to back up that praise. "OK - let me ask you the question," Matthews said on MSNBC's Oct. 12 "Hardball." "Let's talk about how we keep score in electoral politics, that's how we keep score. Between now and next summer, when people begin to decide how they're going to vote in next year's election, will the employment rate be coming down by then?" Cramer to Wall Street Execs to Be Hit by Obama’s Draconian Pay Restrictions: Let Them Eat Muni BondsWorried about a potential slippery slope with the Obama administration dictating what people are paid in the private sector - TARP bailout or no TARP bailout? Message from CNBC's Jim Cramer: Get over it. On CNBC's Oct. 21 "Street Signs," the "Mad Money" host ripped into Wall Street executives that objected to the government dictating the rules of compensation. Opponents argue these pay restrictions inhibit Wall Street firms ability to retain the best employees possible - an argument Cramer says doesn't matter. "Hey, there's no God-given right to work at those companies," Cramer said. "These people can go off if they want to. I know that [Citigroup Inc. Chief Executive] Vikram Pandit has kept 23 of the top 25 people with very severe pay restrictions. If you believe in your institution, you stay. See, a lot of Americans are looking at those pay cuts and thinking, ‘How do I get in on the action?' So I don't really care." Cramer Likens Bonus Outrage to Lenin in 1917: 'It's Really about Stringing Up Guys'Lately there's has been an anti-Wall Street sentiment, propagated by the media that has become exacerbated as the Dow Jones Industrial Average (DJIA) hit 10,000 Oct. 14. On CNBC's Oct. 15 "Street Signs," Jim Cramer, host of "Mad Money," was asked by fill-in host Melissa Francis what he thought about the outrage over Wall Street hitting its stride, while unemployment continues to rise. "What did you think about [Morgan Stanley CEO] John Mack's answer to the big question of the day, which is the divergence between Main Street and Wall Street?" Francis asked. "We see Dow 10,000 - bonuses are back at the same time Main Street is in a shambles." Cramer took a different and unexpected tact by explaining he was a Spartacist, one who believed in a Communism in his youth. But during that time in his life, he said he became very familiar with the teachings of Vladimir Lenin. Chris Matthews Rude Awakening: $787-Billion Stimulus 'A Big Grab Bag of Stuff'’It's an odd natural occurrence when you put MSNBC "Hardball" host Chris Matthews and CNBC "Mad Money" host Jim Cramer together, but when it happens they seem to draw some obvious conclusions - albeit nearly 10 months too late. Back in January, Cramer appeared on Matthews' show. They both expressed their concern over the $787-billion stimulus, which eventually passed and asked if it really was stimulative. When the duo appeared together again on Oct. 12, they concluded it wasn't. Cramer was on "Hardball" to promote his new book, "Jim Cramer's Getting Back to Even." Matthews observed that the stimulus bill passed in January simply wasn't getting the job done. CNBC's Cramer: Blame Congress for Obama's Diminishing Popularity
Since inauguration, President Barack Obama has seen his approval ratings fall by almost every poll and that's historically a normal reaction as the newness wears off a new president. During his Sept. 30 "Stop Trading" segment on CNBC's "Street Signs," Cramer pointed out that although the prospects of Obama's ideal health care reform package passing are doubtful, health insurance providers are facing fallout from a publicity campaign meant by the administration to push through health insurance reform. That gives the administration a new villain. Video below fold CNBC’s Cramer: Spiraling National Debt to Cause Bear Market in 18 MonthsSince hitting their lows back in March, financial markets have rallied in the wake of last year's financial crisis. The Dow Jones Industrial Average (DJIA) is up 43 percent since March 9. But can it last? It could be all given up with this rate of government spending according to CNBC "Mad Money" host Jim Cramer. Cramer, responding to a viewer e-mail on his Sept.8 program, explained what a higher national debt would mean to the average citizen and investors in the near and long term. He said expect the market to go down and higher taxes eventually. "I know that this is going to mean our taxes are going to go way up," Cramer said. "I have to tell you this eventually means this market will come down. It is in when what I call the out years, not to worry about it yet." CNBC's Cramer on Glenn Beck Advertisers: 'I Think They All Come Back in the End'Keith Olbermann, Ed Schultz and the brain trust at ThinkProgress probably won't like this, but CNBC "Mad Money" host Jim Cramer thinks the Glenn Beck boycott won't have an impact on NewsCorp's (NASDAQ:NWSA), the parent company of Fox News, bottom line. During the "Stop Trading" segment on "Street Signs" Aug. 24, Cramer explained that Unilever (NYSE:UN) was going all out with its advertising, by not avoiding shows that might offend someone's political sensibilities. Cramer said that strategy was paying off for Unilever, whose stock is up 10 percent since July. "When I look at it, it's very interesting because there's an article in the same magazine, Ad Age magazine, about how like Unilever is spending like mad, and that they're going to be, Unilever had a spectacular quarter," Cramer said. "My take is that whoever is just trying to parcel and figure out where to be in the Fox News or where to be in the MSNBC, ought to take their cue from Unilever, which had the best quarter of all packaged goods because they flooded all media and it showed that those who pulled back, whether it be from Glenn Beck, or whether it be from Olbermann, didn't do as well as Unilever, which was all in during this period where the rates went down." 'Mad Money' Cramer: 'Demonize' Unhealthy Foods to 'Embarrass People' to Lower Health CostsIt's no longer just enough to educate people about making healthy decision. You now have to influence them psychologically to effect true change according to CNBC's Jim Cramer. Cramer, during his "Stop Trading" segment on CNBC's "Street Signs" on Aug. 10, suggested eating so-called unhealthy food be demonized, similar to how the tobacco industry has been - through a publicity campaign that even appeared in movie theaters. "I think that what people in the tobacco business would tell you that what really cut back tobacco was when people who watch commercials saw that they were being demonized and it became a really un-cool thing, I know they still do it in movie theaters and movies, a lot of that is paid, but that's what Phillip Morris always said really was the downfall of tobacco." The Real Reason for CNBC Ratings Decline: 'Experts' Ignore Left-Ward Tilt
Ever since Nielsen came out with the July numbers for CNBC that showed the network had suffered a 28 percent ratings decline over a year ago, some of the financial media intelligentsia have been eager to point to what they perceive are the right-leaning political shortcomings of the network as a possible reason. According to Daniel Gross, the Moneybox columnist for Slate.com and a columnist for Newsweek (and a known proprietor of "teabag" double entendres), there's been a decline in interest in financial news since the markets haven't been as volatile. But Gross is also convinced there's a component of the network's "rightward, anti-Obama tilt," despite its efforts to placate the left. Cramer Credits Tech Stock Rally to Immunity from Obama, 'Politburo Chief' PelosiCNBC "Mad Money" host Jim Cramer credits lack of government regulation with a recent market jump in technology stocks. The tech-heavy NASDAQ composite (NASDAQ) shot upward 3 percent, from July 8 through July 23, even defying other market indexes that had down days in the same time period. Cramer theorized on his July 23 show that the tech sector during that time period, despite the setback on July 24 in the wake of news that Microsoft (NASDAQ: MSFT) reported lower than expected earnings - because of government. "So, now let me explain a pattern that I've discerned that could be incredibly important - important for you to take profits on if President Obama regains his clout and starts pushing hard with the rest of his agenda," Cramer said. "Everyone today wrote him off because of health care. I got to tell you, you can't write this guy off. He's too darn popular." Cramer’s Cure for Ailing Stock Market: News Media Blackout of 'Bolshevik' House Speaker Nancy PelosiCNBC "Mad Money" host Jim Cramer often showcases erratic and unpredictable behavior and the same goes sometimes for his analysis of the stock market. While the economy continues to struggle through the recession, the forward-looking indicators known as the financial markets continue to perplex Cramer for not going up when some positive signs, also known as "green shoots" by the financial media, are starting show. According to his analysis - it's the government and a reliance on oil futures that have scared off investors. "How did we reach this point where investors just can't be bothered to respond to clear unalloyed positives or be tempted by low, low prices of so many stocks?" Cramer said. "I think we've been worn down, I think we've been worn down by two different things - first, the government and then oil. And they're what's keeping everyone apathetic about stocks." CNBC's Cramer: 'Remember When Business Was on the Front Page?'While much of the country has been captivated by the passing of pop star Michael Jackson, the scandal of South Carolina Gov. Mark Sanford and turmoil in Iran and Iraq, business news has fallen off the front pages. That was the observation CNBC "Mad Money" host Jim Cramer made on the June 26 broadcast of "Street Signs." Cramer noted that the front page of the June 26 New York Times was entirely devoid of business news. "Remember when business was on the front page?" Cramer said. "We were on the front page for awhile. It was really frightening. It's still off - our whole, our whole - the whole stock market, the economy, we're all off the front page. We're no longer important because lovers, this guy Sanford - I'm not that familiar with his story. Those two people in Pennsylvania that were on the ‘Today' show and all those others." CNBC's Cramer: Everybody Wishes Obama Would Just Go Away
So asked TVNewser's Chris Ariens Thursday in response to another anti-Obama demonstration by the outspoken CNBCer who appeared on MSNBC's "Morning Joe" hours earlier:
Honestly, you've got to see it to believe it (video embedded below the fold with partial transcript): Cramer, Burnett: Iran Election Results Expected; Turmoil behind Ballots a Lesson for Card Check ProponentsUsually when there's turmoil in the Middle East, you'll see a spike in the price of oil, but not this time. On June 15, the first day of trading since the public backlash in Iran began from what many are calling a fraudulent election, the price of oil has actually declined - after a rally over the past few weeks. But as CNBC's Jim Cramer pointed out on his June 15 "Stop Trading" segment on "Street Signs," oil is falling because this was expected. "North Korea, Syria - I mean these are places when they always have elections, there's always a couple of people who don't vote for the right guy," Cramer said. "But I think the price of oil is going to tell you exactly how everything is going to play out in Iran, which is it's much ado about nothing." Cramer Claims Stewart Was Trying to Get Him Fired: 'One Day He'll Answer for It'Usually when CNBC's Jim Cramer is making headlines, it's for his outrageous antics or over-the-top statements. Not this time. Time magazine's Justin Fox interviewed Cramer asking him questions submitted by readers which was posted on Time.com May 14. Two of those questions dealt with his March 12 appearance on Comedy Central's "The Daily Show." In his answers, Cramer accused Jon Stewart of personal attacks, being "vicious," and said that ultimately he had been had." Fox asked Cramer if this was just a case of him taking "Daily Show" host Jon Stewart's criticism of the entire CNBC network too personally. Cramer Responds to NYU Professor Nouriel Roubini in Latest CNBC FeudOnce again, someone has squared off against one of CNBC's star personalities, and this time it's a liberal economist taking aim at the old standby, "Mad Money" host Jim Cramer. An April 8 Associated Press story reported that, on the heels of "The Daily Show" host Jon Stewart taking Cramer "to task for trying to turn finance reporting into a game," New York University Professor and Huffington Post contributor Nouriel Roubini blasted Cramer in an interview. Predictably, Cramer responded. "Cramer is a buffoon," Roubini said to the AP. "He was one of those who called six times in a row for this bear market rally to be a bull market rally and he got it wrong. And after all this mess and Jon Stewart he should just shut up because he has no shame." Cramer Breaks Ranks: Calls 'Bolshevik' Democrats Card Check Legislation 'Anti-Business, Earnings-Destroying'Although CNBC "Mad Money" host Jim Cramer has backed off his hyperbolic attacks on President Barack Obama ever since his "Daily Show" appearance, he's shown that he's not afraid to take on the Democratic-controlled Congress. So, to give credit where credit is due, the "Mad Money" host dedicated an entire segment to the Employee Free Choice Act, aka card check and how its passage by Congress could be detrimental to Wal-Mart's (NYSE:WMT) stock price on his April 3 program. And during the segment, Cramer used three references to Soviet/Russian communism to describe the Democrat effort pushing card check. "Right now, in Congress - they're getting ready for what is essentially a referendum on Wal-Mart," Cramer said. "And the referendum's name is the Employee Free Choice Act, also known by slang as card check - a bill that will make it much easier for workers to form unions and much harder for employers to get in their way." Cramer Declares End of 'Depression'; Credits Obama's Rhetoric, not ActionsIt came and went - and some might not have even noticed it - despite the seriousness of its use. On April 2, CNBC's Jim Cramer proclaimed the Depression over. Throughout that day, the "Mad Money" host told viewers of MSNBC's "Morning Joe," CNBC's "Street Signs" and finally on his own program that the Depression was over and that we were on the verge of a bull run for the financial markets. "We have reached the land of a thousand bull dances - phoney maroney, why? Because the market swallowed its Prozac," Cramer said on CNBC's "Mad Money" April 2. "And right now, right here on this show - I am announcing the Depression over!" 'The O’Reilly Factor' Criticizes the 'Liberalization' of CNBC; Cites NB’s Noel SheppardMore and more people are starting to take notice of CNBC's dramatic shift to the left and the liberal groups promoting it. On Fox News Channel's March 27 "The O'Reilly Factor," host Bill O'Reilly and Bernard Goldberg, author of "A Slobbering Love Affair: The True (And Pathetic) Story of the Torrid Romance Between Barack Obama and the Mainstream Media" took a look at trends pointing to this shift that started after the feud between "Mad Money" host Jim Cramer and "The Daily Show" host Jon Stewart. O'Reilly cited a column written by NewsBusters Associate Editor Noel Sheppard on March 26 for The Washington Examiner that noted some of the things indicating CNBC's leftward swing. Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President has Become Pro-Shareholder'Could this be another case of a chastened CNBC succumbing to criticism from the left to improve its image? Just a day after CNBC named former Democratic National Committee chairman Howard Dean a CNBC contributor, an uncharacteristically soft-spoken CNBC "Mad Money" host Jim Cramer, appeared on NBC's March 24 "Today" along with CNBC "Squawk on the Street" co-host and "Street Signs" host Erin Burnett. In a tone similar to the apologetic one he had earlier this month on Comedy Central's "The Daily Show," he complimented President Barack Obama's rhetoric toward high executive compensation. "We have to put the shareholders somewhere in the equation," Cramer said. "When these CEOs make so much money, it hurts the shareholders. We have to be pro-shareholder. The president has become pro-shareholder." |
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