Jim Cramer says N.Y.T. = B.S.

February 16, 2009, 4:00 am · 0 comments

Taking financial advice from the New York Times is like taking health tips from Dr. Kevorkian. That’s why you have to take the financially shaky newspaper’s assessment of the “stimulus” plan with a grain of salt. Maybe a block of salt.

CNBC’s Jim Cramer thinks it’s so bad and that the New York Times coverage of the bill is so deceitful that went on one of his trademark rants while discussing it.

“Now if you were to believe what’s in the papers, holy cow, except for the funny papers,” Cramer said, “you would think this package was wonderful.”

“Look at the front page of The New York Times today,” he continued. “I love this one. ‘Measuring a Victory’ by this guy, Stevenson…it’s like a comedy routine. ‘It is a quick, sweet victory for the new president and potentially a historic one.’ Who edits this B.S.?”

Cramer went on to carve the “stimulus” package up like a plump Thanksgiving turkey.

And that is what’s known in literary circles as an apt metaphor. Or maybe it’s an apt simile. Or one of those other literary things.

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