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  • In Their Own Words: Jim Cramer

    This morning on the Today show, Jim Cramer, who hosts CNBC’s Mad Money and is a former hedge fund manager made some bold statements on the Obama Administration’s response to the economic crisis. Given Jim Cramer’s history of support for liberal causes and leaders, this was another example of bipartisan opposition to the President’s economic agenda.

    MATT LAUER: Famously in October, Jim, you told people if you need this money in the next five years, get it out of the market. Then in November on the 24th, you said this to me on our show, you said ‘Matt, but confidence can be restored. A lot of what’s going on is gloom. Some of this is pessimism that’s unwarranted. Fast action by Obama could take that off the table.’ We had a stimulus package, we had a housing bailout, we’ve got efforts to save the banks. People would say that’s fast action. Why hasn’t it worked?

    JIM CRAMER: We have an agenda in this country now that I would regard as being a radical agenda. I think we had a budget that came out that basically put a level of fear in this country that I have not seen ever in my life, and I think that that changed everything.

    LAUER: So, the policies are not shareholder-friendly?

    CRAMER: Shareholder-friendly? This is the greatest wealth destruction I’ve seen by a President…

    Posted in Ongoing Priorities [slideshow_deploy]

    12 Responses to In Their Own Words: Jim Cramer

    1. Franklin's Lock says:

      Cramer said, “Shareholder-friendly? This is the greatest wealth destruction I’ve seen by a President…”

      Wow! That actually went out on the air on MSNBC! At least the truth is finally getting out. The sad thing is that there are so many of us knew this was coming and NOW these people are speaking out and realizing what is going on. Better now than later…


    2. Ozzy6900, CT says:

      Jim Cramer may be a supporter of the Left, however, knows the Market and has realized that the "anointed one" has no clue that he (President Obama) is killing the Stock Market. Readers must also realize that Mr. Cramer was dirt poor living out of his car after College then made a fortune running stocks and finally a hedge fund. In other words, dear readers, Jim Cramer made his millions in the Stock Market. The same market that the Left says is no good, and must be controlled by Government. Mr. Cramer is also a part of Big Business being the founder of "The Street.com" financial website. So a supporter of the Left, yes but he made is money the old fashioned way – in the Capitalist Market!

    3. Patriot from OR says:

      Thank you so much for posting this!!

    4. Dennis A. Social Cir says:

      It is hard to believe that MSNBC let this out on the air. They have been heaping praise on the "annointed one" for so long. He is leading this nation on a path to destruction, you can not spend your way out of a recession or depression. Increase of taxes is not the answer.

    5. JD, Hays KS says:

      Guess what? The media is looking at their own investments under attack. Most of these youngsters reporting the news haven't any life experiences let alone lived through more than 1 or 2 administrations. Radical policy is destroying the market. The admin attacks on every member of the media that comments negatively

      about those policies are socialistists. They are bent on widening their own power. They are corrupt and most of the media has followed blindly.

    6. Dave B. says:

      I am glad some Obama supporters are starting to see how radical and counter productive his policies are. It is simply a way to gain more power and control of the American people. People are truly seeing this now! the numbers are growing rapidly.

      "America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." — Abraham Lincoln

      As the Socialist Party candidate for president, Norman Thomas said this in a 1944 speech: "The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist

      program, until one day America will be a socialist nation, without knowing how it happened." He went on to say: "I no longer need to run as a presidential candidate for the Socialist Party. The Democratic Party has adopted our platform."

    7. Jamey, Central Calif says:

      I do not expect him back on ANYWHERE. They are so high from the Obama that it was ASSUMED he would also heap praise on him. I do not think they saw his answer comming in a million years in their arrogance. It will take many more of these little wake-up calls before it starts to sink in. Even then, it will somehow be EVIL republicans fault. We did everything we could to undermine…….It al started back on (what-ever-date)when George Bush……Those bible holding, gun clinging, right wingers…….The process will start all over again. The only thing that can change it is if we learned our lesson. DO NOT COMPRIMISE!!!! Getting along for getting alongs' sake did wonders for us didn't it!?

    8. Eileen says:

      Open invitation to a great conservative blog website where honest debates on the issues is always welcomed. Stop by for a visit and sit a spell. It is my favorite conservative site and we are generally civil and respectfully to one another opinions and enjoy civil debates on all the current issues. The web address is http://noleftturnz.wordpress.com/

    9. Mike Sheahen, Hickor says:

      What Cramer said about Obama is true enough.

      Alas, while Leftist Liberals (including Cramer) may at any time suddenly turn and call any of their Comrades "radical" (including their so-called "Progressive Liberal" Communist/Socialist Comrade Obama), what we have in this case is a bit of a credibility-challenged case of "the pot calling the kettle black" because Liberals will still refuse to see and admit that what they're calling "radical" in this case is in fact the Communism/Socialism to which their so-called "Progressive" Liberalism leads anyway, however incrementally that is and no matter how they may try to deny that fact.

      Indeed this reminds of three things:

      The truisms "Communism/Socialism is Liberalism followed to where it leads", and "Liberalism is Communism/Socialism incrementally", and a "one-liner" which goes: "What's the difference between a Liberal and a Socialist? A Liberal is a patient Socialist, and a Socialist is a Liberal in a hurry".

      So while what Cramer said may sound nice and is true when it comes to calling Obama the "radical" Leftist Liberal (read Communist/Socialist) he is, we must consider the Leftist Liberal source and "take it with a (ton) of salt", as the saying goes.

    10. Lynn B. DeSpain says:

      The 'News Media' seems to have discovered it has backed a losing horse, or more correctly a loose cannon!

      Americans, we need to wake up and realize that these people, the President (1), the Senators (100) and the Congress (435) work for us (300,000,00) people, and not visa versa! We need to stay informed and make our voices heard.

      For far to long now we have been lax in allowing these people who say one thing and do another to not be answerable for their lies to us!

      We, as fifty independent Nations united under a common charter, (the Consitution), must enforce upon our so called leaders that we are a Republic, and that our Constitutional Laws are to limit and control our Government, not the people. That is to be left up to the individual States.

      From there we need to establish open Primaries and Elections, Where a voter can vote for his or her choice regaurdless of party affiliation.

      No where in the Decloration of Indepenance or in the Constitution will you find the word,"Democracy"! Nor will you find anything relating even remotely to America being limited to a two party system of chice.


    11. Pingback: ChooseTheHero.com » Blog Archive » Watchdogs in fishnet

    12. Pingback: ChooseTheHero.com » Blog Archive » Watchdogs in fishnet

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