Forget the fact that Sylvian Raynes insults Cramer. He should have been tossed off the air for being terminally boring.
Forget the fact that Sylvian Raynes insults Cramer. He should have been tossed off the air for being terminally boring.
(Skip to minute 3:00)
ObamaCare will raise federal tax rates to 50-60%, says Jim Cramer. So what’s your point, Cramer? Isn’t that exactly what this whole exercise is all about?
So what’s your point, Cramer? Isn’t that exactly what this whole exercise is all about?
Oh, and Jim, we haven’t forgotten you endorsed Obama for president.
CNBC Mad Money host Jim Cramer predicts that a Scott Brown win in the Massachusetts senate race heralds the end of Obama’s socialist experiment. And that, friends, will lead directly to a massive stock market rally. We say a bit of this today as the markets gained strongly on predictions are that Brown will win.
CNBC Mad Money host Jim Cramer predicts that a Scott Brown win in the Massachusetts senate race heralds the end of Obama’s socialist experiment. And that, friends, will lead directly to a massive stock market rally. We say a bit of this today as the markets gained strongly on predictions are that Brown will win.
Cramer: …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. It will be a signal that a more pro-business, less pro-labor government could be in front of us. Hey, would you say it is more China like perhaps? No, we can never be as capitalist as the Communist Chinese. But how about a little bit less like the old Soviet Union? Yeah, that would be a bit more like it. Pelosi politburo emasculation! Everything from the banks, which are usually in the Democrats’ penalty box, or the oils which are despised by this administration for being carbon, could be propelled dramatically higher all of this Tuesday night.
Make sense to us. But then, we’re need to worry about our own states of mind when Cramer starts making sense.
“Until we get the economy moving again,” Jim Cramer told MSNBC’s Joe Scarborough, “I think everybody just kind of wishes Obama would go away for a little bit.”
A New York Times poll showed that Americans are more concerned about deficits than stimulus. “Until we get the economy moving again,” Jim Cramer told MSNBC’s Joe Scarborough, “I think everybody just kind of wishes Obama would go away for a little bit.”
“I wish he’d go away with me,” fantasized MSNBC host Chris Matthews with a faraway look in his eyes.
We love writers who are able to make connections that other people miss. Like Richard Cohen did in the Washington Post this week.
What Jon Stewart needs is Jon Stewart. He could use a droll comedian to temper his ferocity and correct him when he’s wrong, as he was about the financial media, particularly CNBC and its excitable analyst Jim Cramer. They didn’t cover up the story of financial shenanigans. They didn’t even know it existed.
We’ll leave it to you to read the heart of the opinion piece, but here’s how Cohen concludes:
But the role that Cramer and other financial journalists played was incidental. There was not much they could do, anyway. They do not have subpoena power. They cannot barge into AIG and demand to see the books, and even if they could, they would not have known what they were looking at. The financial instruments that Wall Street firms were both peddling and buying are the functional equivalent of particle physics. To this day, no one knows their true worth.
It does not take cable TV to make a bubble. CNBC played no role in the Tulip Bubble that peaked, as I recall, in 1637, or in the Great Depression of 1929-41. It is the zeitgeist that does this — the psychological version of inertia: the belief that what’s happening will continue to happen.
Stewart, too, rides the zeitgeist. The hunt is on for culprits and scapegoats, and Stewart has served up a cliche: the media. As with the war in Iraq, for which credulous media should take some responsibility, the sins are blown out of proportion. It would be one thing if Wall Street titans by the score were selling their company stock and the media were failing to report it, but when someone puts his money where his mouth is, you have to pay attention. The big shots believed.
Stewart plays a valuable role. He mocks authority, which is good, and he mocks those, such as the media, who take the word of authority as if, well, it’s authoritative. But given the outsize reception to his cheap shot at business media, he ought to turn his wit inward: Mocker, mock thyself.
A recent survey showed that Stewart’s comedy show is the primary source of news for a huge percentage of young adults.
Fair enough, because we consider the news to be our primary source of comedy.
Source: Washington Post
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.
CNBC “Mad Money” host Jim Cramer sees some scary similarities between the words of President Obama and those of communist revolutionary Vladimir Lenin.
Obama dogged Wall Street by saying there would be a time “for them to make profits, and there will be time for them to get bonuses. Now’s not that time. And that’s a message that I intend to send directly to them.”
Cramer made this comparison: “There was a little snippet last week that was, ‘Now is not the time for profits.’ Look – in Lenin’s book, “What Is to Be Done,” is simple text of what I always though was for the communists. It was remarkable to hear very similar language from ‘What Is to Be Done?’ which is we have no place for profits.”
What’s really frightening about this whole thing is that we find ourselves agreeing with Cramer.
But it’s not something we’re proud of.
We’ve got trouble in River City. And the river is the Potomac. And the city is Washington, DC.
Looks like even leftwing puppets Jim Cramer and Chris Matthews are questioning the stimulus bill’s meager infrastructure spending.
“Take the infrastructure number. Do you know that it’s $30 billion for infrastructure for bridges?” Cramer queried. “The ‘Big Dig’ cost $22 billion…and it only put 5,000 to work…It’s not gonna put a lot of people to work.”
“Why in the world aren’t we doing what they said they were going to do – build bridges, factory jobs, replace the smell of decay with the smell of construction?” Matthews said.
Matthews went on to say other things — many other things, in fact — interrupting Cramer and other guests and complete strangers, but it was all so incoherent that we won’t bother quoting it here.
Hell, we’re still wondering what “the smell of construction” might be.
