Cramer Likens Bonus Outrage to Lenin in 1917: 'It's Really about Stringing Up Guys'

NewsBusters ^ | October 15, 2009 | Jeff Poor

[Rufus2007]

Lately there's has been an anti-Wall Street sentiment, propagated by the media that has become exacerbated as the Dow Jones Industrial Average (DJIA) hit 10,000 Oct. 14.

On CNBC's Oct. 15 "Street Signs," Jim Cramer, host of "Mad Money," was asked by fill-in host Melissa Francis what he thought about the outrage over Wall Street hitting its stride, while unemployment continues to rise.

"What did you think about [Morgan Stanley CEO] John Mack's answer to the big question of the day, which is the divergence between Main Street and Wall Street?" Francis asked. "We see Dow 10,000 - bonuses are back at the same time Main Street is in a shambles."

...more (w/video)...

[Rufus2007]

Uh oh, Cramer off of state-controlled media message again

[devane617]

Yep, just like they lynched Rush Limbaugh.

[donna]

What about Congress getting a raise while senior citizens on social security get nothing?

Let’s talk about that first.

[FlyVet]

While I think Cramer is a quack when it comes to stock picking, every now and then he has something really “Holy crap, did I just hear that?” to say. Heh.

[nkycincinnatikid]

That article is great. I always thought Billy Mays was Cramers intellectual mentor, but as it turns out, who da guessed, it was Rosa Luxemburg all along.

[oioiman]

Screw Cramer. This is outrageous. Cramer, a toady of the banksters sets up a classic straw-dog to knock down. The banks he defends are in complete control of the money supply and monetary policy thru the Federal reserve. AND then, when they lose money, shake down the world's nation-states to cover their losses, and yet keep their huge profits in private hands. SOCIALIZED LOSSES and PRIVATIZED PROFITS = FASCISM. And to say that all those who oppose FASCISM are by definition communists is patently absurd. Capitalism can exist outside off either a fascist OR a communist paradigm, or did I miss something about World War II?

[SaraJohnson]

What oioiman said.