Jim Cramer did such a great job telling people to hold on to Bear Sterns, why shouldn’t we listen to him about the supposed folly of President Obama’s economic policy?
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Jim Cramer Missed The Bear Sterns Collapse, So We Should Totally Listen To Him
March 4th, 2009
33 Comments
The economic hysteria continues! BWAAA HA HA!
Limbaugh, Cramer, Santelli, Rubin.
Uh, no not Rubin. *snort*
I’m sure your fellow Americans find the loss of their nest eggs because of Republican policy funny also Joaquin.
I think what Jim meant was that not to take your money out of the bank account, and find a new bank. As he said if anything they will be bought out. If you have money in a bank that goes under you are insured, and if everyone pulled their money out of a bank during a hard time, it would lead it to collapse. This is what he was trying to help avoid, and it didnt matter.
Yes, let’s instead listen to Barney Frank, who missed the Fannie Mae/Freddie Mac collapse.
Yes, let’s instead listen to Barney Frank, who missed the Fannie Mae/Freddie Mac collapse. –SaveFarris
Yes. Or let’s listen to a tax cheat Treasury Secretary lecture us about taxes. We could all do this all day long.
Cramer wasn’t making a prediction. He was lamenting his choice for President. He was telling everyone how he fucked up. Being contrite. Asking people to forgive him for supporting someone he thought would be a moderate.
It’s a bitch when you realize your better instincts have betrayed you. Cramer just realized he may have voted for a Leninist who is selling this country down the road, and he is beside himself.
This is why Cramer is not getting the Santelli treatment from Obama’s liberal blog brigade. Cramer supported Obama.
Cramer’s done far worse damage- Oliver highlights only one of his disastrous calls. But he’s not Santelli. He’s not on their radar.
Cramer just realized he may have voted for a Leninist who is selling this country down the road, and he is beside himself.
Oh for FUCK sake! A Leninist? Would you give it a fucking rest? Or else prove it to me beyond a shadow of a doubt.
Cramer’s pathetic. He’s like Gallagher with all his props
He’s yet another one of TV’s outlandish personalities known more for burlting out setence fragments rather than saying something insightful or intellegent.
He’s the Stephen A. Smith of Wall Street Punditry.
QUITE FRANKLY, YOU SHOULD BUY STOCK IN CHEEZ DOODLES!!!!!
Mr. Cramer is a television personality. The things you see and hear on television are not real.
Jim CramerBarack Obama Missed The Bear Sterns Collapse Surge, So We Should Totally Listen To Him
Fixed it for ya.
Is it a finance show or The Morning Zoo? I’ve never figured that out.
Jim CramerBarack Obama Missed The Bear Sterns Collapse Surge, So We Should Totally Listen To HimYou’re absolutely right, Matt. Obama missed it by about 8 weeks.
Game over. Play again?
Wow, Barack Obama MUST be a god if he can orchestrate a financial meltdown in just 2 months. I guess he used the Vulcan mind-meld on Bush and the Supreme Court in 2001 to get Bush elected (twice) in order to destroy the country just enough to win him the presidency.
Who knows what other superpowers he has so watch out! (morons!)
OK, in reference to Cramer, here’s the test: How many times has “Screamin” Jim Cramer been right?
My answer: NONE. I don’t listen to that circus clown.
Post your answers.
Taking advice from Cramer is like taking advice from Howard Beale.
Will you right-wing lunatics give it a rest? For fuck’s sake… a Leninist? Selling his country down the road? Really?
Here’s the thing. You guys have controlled almost everything for the last eight years. You’ve dictated policy. And the country’s economy is now in the shitter, after these past eight years. While this is correlational in nature, and doesn’t prove causation, it should at least be enough of a shock to your system that you can entertain the thought, “Fuck… could I be wrong?”
But no, that’s asking you to be a reasonable human being. Instead, you come into the intertubes and spout off about how Obama is going to ruin the country with his economic policy positions. That he’s a socialist. How the stimulus package is going to make everything worse! How the country is going to collapse in on itself like a dying star.
Remind me, WHO are the ones that are causing and spreading panic, again?
The economic crisis was in full swing before Obama was even elected, much less before he took the oath of office. He and his advisors are much, much smarter than any of you. He has had less than 2 months to enact his agenda and begin work on fixing our country’s problems. Unless you truly believe that he WANTS to send this country into the great abyss, you must believe that he is pushing policy that he believes will help.
So I ask you, once more, could you please just consider the possibility that you’re wrong?
This is typical. The conservatives also blamed Lincoln for the civil war.
Taking advice from Cramer is like taking advice from Howard Beale.
At least Howard Beale made a compelling argument.
And FDR for the depression. I don’t get this impulse; they act like the little brother that screams ‘HE DID IT!’ when mom shows up.
I wonder, if there had been blogs in 1933, whether we would be hearing the same claptrap about Hoover v. Roosevelt.
they act like the little brother that screams ‘HE DID IT!’ when mom shows up.
Parthenon FTW!
“Yes, let’s instead listen to Barney Frank, who missed the Fannie Mae/Freddie Mac collapse.”
Frank was too busy doing a Lewinski on Herb Moses, a Fannie executive, to be bothered with his oversight duties.
When it doubt, just make shit up, right Billy?
If you’re calling me Billy Zython, then yeah…only 28,000 Google hits for Herb Moses & Barney Frank. Read one.
When you’re too lazy to read, call people names.
Dolt.
Calling you Billy is equivalent to calling Barnet Frank a cocksucker?
Man, whose the sensitive one here?
Parthenon FTW!
Not sensitive at all Duros. Just clarifying if Zython was talking to me.
Now I’m not sure about Barnet Frank, but Barney surely is…not that there’s anything wrong with it. However, I do think there’s a case to made that Mr. Frank had a way too close relationship with an executive at a firm he was supposed to be overseeing at a time when there were alarm bells going off all-over that Fannie & Freddie needed more oversight, not less, as Frank suggested at the time.
Not sensitive at all Duros.
Color me surprised.
Righties? Y’hello? Am I talking to myself here? Or have you all decided that I might be correct and that you should pipe down for a while?
I doubt that very much.
Willie, no matter how much you want it to be true, Barney Frank did not cause the economic collapse. Is there evidence that he fucked up? Yes, and I don’t see anyone on here defending him. However, does the bulk of evidence demonstrate that Republican policies over the last 8 years is a root cause of our economic misery right now? Yes, and there’s no getting around it. You need to open your fucking eyes, shut your fucking mouth, and learn something. God DAMN it.
My first FTW!
Haw! Well here’s a TFJ to go with your FTW.
As I recall, Cramer pulled a big “mea culpa” over the Bear Sterns thing, Oliver.
What’s the latest on that Santelli epic conspiracy you were touting, anyway?
J.
What’s the latest on that Santelli epic conspiracy you were touting, anyway? Jay Tea
Good call the very first day with the Playboy article, Jay Tea. Remember this one from last summer?
‘You fail’
Turns out there were many similarities between this story and the Axelrod story. Only Rusty Shackleford and Ace were honest about it.
Today’s must, must , must read. No fooling
Cramer: My Response to the White House
Dennis: “Today’s must, must , must read. No fooling
Cramer: My Response to the White House”
“When I come to work each day, whether as a commentator for TheStreet.com or a host of Mad Money With Jim Cramer, I have only one thought in mind: helping people with their money.”
And he does a piss poor job at it. He’s success rate is worse than random chance.
I’m not surprised Dennis ‘I can’t count past two!’ would support him, but those with functioning braincells are less likely to pay attention to his comments.