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Cramer - Why Obama Is Bad for Stocks
TheStreet.com ^ | 06/24/2010 | Jim Cramer

Posted on 06/26/2010 6:38:42 AM PDT by safetysign

I heard it five times this week, twice Tuesday in a Wall Street bar, two times during the day chatting with investors and then last night at dinner with a pal, an old pro trader from down the block. All said the same word, as if programmed, like pod people in Invasion of the Body Snatchers. The word?

Malaise.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events; Politics/Elections
KEYWORDS: cramer; economy; investments; malaise; market; obama; stockmarket; stocks
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To: safetysign
Like a battered wife, he wants to forgive his messiah because, well, it's not really his fault.

It's "the people who have been setting his agenda" who are to blame for his fall from grace, as if Obama isn't in perfect synch with them.

And I doubt his embrace of offshore drilling was ever anything but words, just words.

Look, in this country it is never too late for Obama to reinvent, broom the people who have been setting his agenda, tack toward pro-growth, although his one attempt to break with the orthodoxy came when he embraced offshore drilling -- a luckless failed presidency?

21 posted on 06/26/2010 8:28:00 AM PDT by Madame Dufarge
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To: mountainfolk
... the subversion of this country by those who have national platforms to spew out misinformation on any given day on any given subject. Self serving parasites all.

Your description of what is happening is perfect!

22 posted on 06/26/2010 9:10:56 AM PDT by JohnG45
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To: safetysign

Funny - Obama’s spread the wealth statements, links to marxism and unions didn’t seem to bother these guys in 2008. Did 53% of the voting public take a stupid pill in 2008?

I cannot believe I am saying this, but Hillary would have been FAR superior to this guy. Thanks Kramer for rallying the troops to Obama’s cause in 2008.


23 posted on 06/26/2010 10:36:28 AM PDT by wastedpotential (McCain always said I was an agent of intolerance - but in 2008 those like me tolerated him most)
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To: HiTech RedNeck

[IMG]http://i141.photobucket.com/albums/r66/pechuna/welcomebackcarter.jpg[/IMG]


24 posted on 06/26/2010 10:49:42 AM PDT by safetysign
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To: HiTech RedNeck
Photobucket
25 posted on 06/26/2010 10:56:58 AM PDT by safetysign
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To: wastedpotential
Funny - Obama’s spread the wealth statements, links to marxism and unions didn’t seem to bother these guys in 2008

It was obvious 00Obama was a Marxist. Millions of people will have significantly lower standards of living because of it. We can only hope that people in the financial industries stop giving so much to Democrats before it is too late.

26 posted on 06/26/2010 12:48:40 PM PDT by alrea (Kagan has never been a judge and has minimal experience practicing law.)
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To: Dixie Yooper; Flag_This

Soros is just an ancillary player, IMO. Obama’s real masters are the royal families of Saudi Arabia, Abu Dhabi, and Brunei.


27 posted on 06/27/2010 1:59:28 PM PDT by oblomov
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To: oblomov
"Soros is just an ancillary player, IMO. Obama’s real masters are the royal families of Saudi Arabia, Abu Dhabi, and Brunei."

I agree with you that the Saudis claim at least partial ownership in Obama, Inc.

28 posted on 06/27/2010 2:20:01 PM PDT by Flag_This (Real presidents don't bow.)
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To: safetysign
I can't even read the article...

Cramer has been a pump and dump artist and the master of financial porn.

He and all the young turks on Wall St voted for Oboingo because he was cool.

Now the banking bill sucks, their is no commerical paper for small businesses, dividend taxes will go up (and many more as Bush's cuts get sunsetted) and many may exit the market in anticipation of higher rates this August or so, and those making over 250k (all these your turks) will take it in the shorts....

How is that hopey changey workin' for you now Jim?, What a maroon......

29 posted on 06/27/2010 2:30:44 PM PDT by taildragger ((Palin / Mulally 2012 ))
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