WOW AND I WONDER WHY I HAVE LOST ANOUTHER 40% IN MY 401k OR IS IT A 101K BY NOW.
I agree that Cramer is a tool and that anyone who listens to his advice gets what is coming to them.However, I have to commend him on his response to the bullying he's been getting from the Obama Administration simply because he said that their economic policies are far from sound, which they are.Again, I will state that it is odd that the administration would stoop to the level of the media to address criticism.I guess Obama feels he's above reproach.
This is one more example of “the Daily Shows” great journalism under the gize of a comedy show. They put the mainstream media to shame – TDS research is outstanding and they are able to take complex issues and boil them done. And by the way they will cut both ways – they jabbed Obama last night for sounding like Bush on Iraq – greatness!!!
CNBC might want to change their name to STFU.Stewart nailed 'em.
Saw this last nightI don't always see eye to eye with Stewart, especially on politics, but his assessment of the financial crisis is spot on. He manages to reduce the complicated issues down to an understandable sound bite. Check out his interview with NY Times business columnist Joe Nocera, also from last night.
Two points: First, when the most trusted news program among the Left is on Comedy Central, it makes you wonder.Second, this proves that none of the financial experts know what's going on. None of them, including those in the Obama administration. So it makes no sense -- when no one really knows what to do -- to commit trillions of dollars to any solution. Wouldn't prudence dictate that you spend a little bit, evaluate the results, then spend more on the program(s) that work? Unless, of course, your goal is not to heal the economy, but is instead to expand the power and scope of government control over all sectors of business and industry.
Good to know that the Comedy Channel can boil down the news to the point that even liberals can understand it.
Barry do you read all the comments posted on your bog? Sometimes there are a lot of them and some seem to ramble....a lot.
Its the Kennedy's fault and the Carter Admin. Also lets blame Clinton and Obama too !!!These damn liberal weenies made this happen. If we would have elected some good ole boy from Texas none of this would have happened.Freaking middle class workers buying a home and then getting laid off. They should have seen this coming. Once again lazy liberal weenies.And Phil if you dont mind me saying. But that is one GAY ASS shirt you got on. But it does go well with the Clay Atkin hair doo and glasses.
Gize?Did you mean guise?Or maybe jizz? I simply could never pay any attention to anyone in any context who has not mastered their own language.
1:55, You speak like a sarcastic liberal weenie. Let me get this straight. So whenever the Community Reinvestment Act that was put into place by the brilliant Jimmy Carter and bolstered by another brilliant man named slick willie forced banks to give a mortgage to any Tom, Dick or Joe with shoes that had no way of paying it caused the collapse of banks holding these worthless loans, it was the Bush administration's fault just because the house of cards started to collapse under his watch? That is some brilliant reasoning that you spout.
1:55...bravely said Anonymous
I would point out that during the recession following the Jimmy Carter brilliant handling of "Windfall Profits" on oil and gas...this middle class person lost his job...guess what...the government didn't bail me out or pay my mortgage and didn't wipe my butt like the weenie liberals expect today. I had to let the bank take the house...I then moved to Dallas and went to work and then paid back the bank for what I owed them. That is called self reliance and honesty...i don't know what you call today's home owner who can't pay the money back...perhaps crybaby bedwetting dependent nothing of a person...kind of like Anonymous 1:55.
1:55, bravely said and ignorantly thought out.
Wordkyle I am worried about your pipe smoking. It is not good for your health and it is setting a bad example for your children. You should consider chewing or maybe even chewing gum.
405 - Thanks for your concern. Having been told "put that in your pipe and smoke it" most of my life, I thought the image somewhat appropriate.And of course it's a tribute to the world's greatest salesman, J.R. "Bob" Dobbs. Slack abides.
Phil I lost my job under that arm pit of a president Ronald Reagan in the early eighties. I never took a handout or bailout.Also only liberal weenies have lost their jobs and now cant pay their mortgage and want a bailout? That is the MOST Dumb Ass thinking I have ever heard.Psst .... Hey Dumb Ass Republican/Democrat/Independent ... etc have lost their jobs. And you can bet all of them will take help if offered.And I wouldnt be bragging about the "How I lost my house" and had to move to Dallas. I have NEVER lost anything and worked 2/3 jobs to cover the bills. Sorry but you really do look gay. But that is okay to be a Log Cabin Republican. That takes the readers eye off the dumb shit you spew !
We Don't Rent Pigs
It just shows exactly how hypocritical the loud opposition to the stimulus and mortgage plans are.Conservatives continue to be willfully ignorant and allow themselves to be misled and lied to. If they are told something they want to hear, they believe it without any analysis or thought at all.
Santelli is correct. Why should those who are smart with their money and the purchasing of a house or renting, have to pay to bail those who were stupid and over bought? Yes, congress caused part of this by loosening up mortgage requirements, but the folks who bought more than they could really afford have to take some blame and suffer the consequences. Meanwhile, Obama and the gang think the innocent should pay for those guilty of being stupid.
1057 - Please elaborate. Explain how your purity and insight led you to support the "stimulus and mortgage" plans. Is that support based solely on what the Obama administration has said, or have you used analysis and thought to form your opinion? And exactly what is that analysis, and what sources did you use to make that analysis?Condescension such as yours must be based on demonstrable evidence of your superiority. Otherwise it's just Liberal arrogance. And I'm sure that's not the case, is it?
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