Mad Money
Cramer Rips Federal Gov't for Congressman’s 1,000-2,000 Dow Drop Pre
June 29th, 2010 4:35 PM
On CNBC's June 29 broadcast "Power Lunch," Rep. Paul Kajorski, D-Pa. made a pretty prediction about the Dow Jones Industrial Average (DJIA) should Congress be unable to pass financial regulation legislation. [Video Available Here] "You know, I wish every one of them would ask the question and also the industry and media, what happens in this country if this bill fails?" Kanjorski said. "Do you…
CNBC's Cramer and Burnett: Could BP and Obama Have Handled Spill Bette
June 11th, 2010 5:46 PM
Reports are surfacing that BP is finally considering a suspension of its shareholder's dividend, but what could have been done differently to avert the public relations nightmare BP is facing? Two CNBC hosts had some ideas about that, and about what could have happened if BP chose not to play ball. Jim Cramer and Erin Burnett shared their thoughts on the "Stop Trading" segment of "Street…
CNBC's Cramer Predicts Goldman Sachs to Get Record-Breaking $2-3 Billi
April 26th, 2010 3:43 PM
While questions swirl about the ins and outs of the Securities and Exchange Commission charges against Goldman Sachs (NYSE:GS), and the eventual result is no clearer. According to CNBC "Mad Money" host Jim Cramer, after the release of several e-mails from Goldman traders, including Fabrice Tourre, who described the investments at the firm "like Frankenstein," the investment bank finds…
'Mad Money' Cramer: Health Care Passage 'Will Topple the Stock Market
March 19th, 2010 8:28 AM
While a vote on health care reform legislation appears to be imminent, should it pass it could have broader economic implications, even if the bill itself won't take effect for some time. As CNBC "Mad Money" host Jim Cramer predicted - if it passes, get ready to see a sell-off on Wall Street. Cramer appeared on CNBC's March 18 "The Kudlow Report," with his former broadcast partner Larry Kudlow.…
Biden Debunked: Cramer Declares Avoiding Taxes a 'Patriotic Duty
March 12th, 2010 4:55 PM
Back during the 2008 presidential campaign, then-Sen. Joe Biden, the Democratic nominee for vice president said it was "patriotic" for people to pay more taxes, in an interview on ABC's "Good Morning America." But what if you don't have to pay more taxes legally? Biden's reasoning was simplistic - that we all need to "jump in, time to be part of the deal, time to help get America out of the rut…
CNBC's Jim Cramer Challenges 'Infuriating' Pessimistic Media 'Bias
February 23rd, 2010 4:27 PM
Did you think the negative economic reporting would stop once George W. Bush was out of office and Barack Obama was in? It hasn't. Although you could argue that the press has done its best to make Obama look good despite economic troubles, as Congress debates a jobs bill and other legislation meant to improve the economy before elections in November, could the media be painting a darler…
Cramer React to SOTU: Notes Nat Gas Ignored by Obama; Defends Geithner
January 28th, 2010 6:09 PM
President Barack Obama encouraged some business interests by mentioning nuclear energy and offshore drilling during his Jan. 27 State of the Union speech. Those less popular energy solutions joined the usual alternative rhetoric of wind, solar and bio-fuels. But on CNBC's Jan. 28 "Street Signs," Jim Cramer, host of CNBC's "Mad Money" noted something was missing - an important onshore energy…
Cramer Rips Obama 'Lurch Toward Populism': 'Now on an Anti-Shareholder
January 26th, 2010 9:27 AM
It was initially thought the election of President Barack Obama was just going to hit your pocketbook in the form of higher taxes. But if the past several days are any indication, the president has found another way to hit it - by attacking your stock portfolio. On CNBC's Jan. 25 "Mad Money," host Jim Cramer advised his viewers to be aware of this and to strategically position their stock…
CNBC's Jim Cramer: Brown Win Tuesday Causes Huge Stock Rally As Invest
January 17th, 2010 1:25 AM
Former Barack Obama supporter Jim Cramer on Friday said the stock market would have a huge rally if Scott Brown defeats Martha Coakley in Tuesday's special senatorial election in Massachusetts."I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and a Brown win," said Cramer on Friday's "Mad…
Greenspan, Cramer Argue Government 'Agenda' Inhibiting Economic Recove
December 14th, 2009 8:34 AM
In his 1981 inaugural address, former President Ronald Reagan said, "Government is not the solution to our problems; government is the problem." Nearly 29 years later, that still holds true according to CNBC "Mad Money" host Jim Cramer and former Federal Reserve Chairman Alan Greenspan. Both Cramer and Greenspan were guests on NBC's Dec. 13 "Meet the Press" and although neither was making a vain…
Oops -- Cramer's October 12 Unemployment Prediction: 'We Are Not Going
November 7th, 2009 2:28 PM
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…
Cramer to Wall Street Execs to Be Hit by Obama’s Draconian Pay Restr
October 21st, 2009 7:14 PM
Worried 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…
Cramer Likens Bonus Outrage to Lenin in 1917: 'It's Really about Strin
October 15th, 2009 7:51 PM
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…
CNBC's Cramer: Blame Congress for Obama's Diminishing Popularity
September 30th, 2009 7:47 PM
Karl Rove, David Axelrod - look out. CNBC "Mad Money" host Jim Cramer has the political climate figured out. 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…