Mad Money
Cramer: Depression Comparisons are ‘Scare Tactics
December 2nd, 2008 2:45 PM
Do as I say, not as I do.That appears to be Jim Cramer's philosophy. The CNBC "Mad Monday" host told NBC "Today" show viewers Dec. 2 that comparisons between the current economy and the Great Depression were inappropriate. "[T]hat's got to be taken off the table," Cramer told "Today" host Meredith Vieira. "There have been enough things done by this government to absolutely preclude that. I,…
Cramer's Housing Solution: Halt Illegal Immigrant Deportation
November 6th, 2008 10:49 AM
Drastic times call for drastic measures, and CNBC's Jim Cramer has a drastic measure that probably won't sit well with border enforcement proponents. On Nov. 5 the host of CNBC's "Mad Money" detailed for his audience how he would save the economy serving under Democratic President-elect Barack Obama - under the facetious assumption he could be SEC chairman, Federal Reserve chairman and Treasury…
Cramer on Colbert: Dems to Blame for Fan, Fred Debacles
October 10th, 2008 2:06 PM
It's sad when just about the only place to get the truth about what happened to precipitate the current mortgage-lending mess is the Colbert Report. Jim Cramer of CNBC's "Mad Money" appeared on the Comedy Central show on Monday. The takeaway soundbites: Cramer said "I'd love to, but I can't" pin the blame for the debacles at Fannie Mae and Freddie Mac on President Bush. He noted that "the…
Cramer Warns to Lay Off Stocks Until Dow Hits
September 29th, 2008 8:49 PM
The shock and awe of the financial market meltdown is just beginning according to CNBC star Jim Cramer. Cramer on CNBC's Sept. 29 "Mad Money" cautioned viewers about the current market. His advice - do nothing because there's more pain to come if no rescue plan makes it out of Congress. As he put it: "sit on your hands." "Only those stocks that are sure enough to pull the trigger on until we…
CNBC Analyst Debunks Myth Bailout Will Make a Profit
September 29th, 2008 3:52 PM
The theory that bailout legislation recently defeated in the House of Representatives would make money for the federal government has been propagated by the financial media. But according to a recent report released by the International Monetary Fund (IMF), a profit is unlikely. The September 2008 report from the IMF stated the chances of the government recouping anything more than just a…
CNN's Chetry: 'Please Tell Me It's Not Lipstick Again
September 10th, 2008 11:40 PM
On CNN's American Morning today, White House correspondent Suzanne Malveaux reported on Barack Obama's campaigning in Virginia. Afterwards, anchor Kiran Chetry had a question:CHETRY: All right. And Suzanne, what's on tap for the campaign today? And please tell me it's not lipstick again.MALVEAUX: Let's hope not. He's going to be in Norfolk, Virginia. That is in southeast Virginia, and it's home…
Cramer Calls WSJ the ‘Fox Street Journal’; Refers to Democratic Pa
September 8th, 2008 3:08 PM
On MSNBC's "Morning Joe" September 8, Jim Cramer took a shot at owner of The Wall Street Journal, Rupert Murdoch, in the midst of talking about the Fannie Mae and Freddie Mac takeover: I read The Wall Street Journal, sorry, The Fox Street Journal. When is Murdoch going to put his positive right wing implant on left wing journalists? ... When is Murdoch going to broom the Spartacus workers…
Cramer: 'If You Make More than $250,000 Maybe You Should be Paying a L
August 28th, 2008 1:48 PM
CNBC "Mad Money" host Jim Cramer had been on a streak of demonstrating positive free-market behavior. He had criticized the government's handling of Freddie Mac and Fannie Mae. He even gave the media grief for overanalyzing the oil market fluctuations. But on the August 27 "Mad Money," Cramer bucked his that trend and called for higher taxes for top income earners. On his "Mad Mail" segment, a n…
BusinessWeek 'Recession in America' Blog Goes Belly-up
August 1st, 2008 10:53 AM
As an attempt to find a new and innovative way to spread the doom-and-gloom news associated with the economic downturn, BusinessWeek magazine launched a recession blog on its Web site back in May to give a personalized glimpse into "recession" hardships. "This blog is one of the places we'll tell these stories," BusinessWeek.com reporter Tim Catts wrote on the blog's first post on May 2. "Here…
The Undead: Cramer Crushed Carter Still Alive
July 31st, 2008 11:46 AM
Disclaimer: Yes, Joe and Chris. We know Jim was joking.Money maven Jim Cramer is a self-described Democrat, one who idolized Lenin back in his Harvard days [Cramer's, not Lenin's] and was on the verge of tears over the downfall of his old college buddy Eliot Spitzer. But one Dem not high on Cramer's list is Jimmy Carter, so much so that Cramer feigned dismay to be informed that—contrary to his…
Cramer: 'I’ve Had a Lot of Death Threats
April 3rd, 2008 4:05 PM
Coming off his April 2 interview with Democratic presidential hopeful Sen. Hillary Clinton (D-N.Y.) on his show "Mad Money," CNBC's Jim Cramer told "Squawk Box" his job entails some hazards. "You know, look, obviously I've had a lot of death threats," Cramer said on CNBC's April 3 "Squawk Box." "They're actual death threats. And, you go to the state police and the state police go to the local…
More Cramer Outlandishness - 'The American Public Don’t Know Jack
March 24th, 2008 3:28 PM
Do you think the federal government guaranteeing $29 billion in a loans for JP Morgan Chase to take over Bear Stearns is a good idea? It really doesn't matter what you think, according to CNBC's Jim Cramer. Cramer defended the move by the Fed from any potential public scrutiny on CNBC's March 24 "Squawk on the Street." "The American public don't know jack," Cramer said in response to a…
Cramer: 'Okay, I Was Wrong, Bear Stearns Was in Trouble
March 24th, 2008 2:44 PM
CNBC "Mad Money" host Jim Cramer came under fire recently for telling viewers Bear Stearns (NYSE: BSC) wasn't in trouble just days before the investment bank tanked. He has finally admitted some fault. "No! No! No! Bear Stearns is not in trouble," Cramer said on his program March 11. "If anything, they're more likely to be taken over. Don't move your money from Bear." The following weekend,…