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Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President has Become Pro-Shareholder'
NewsBusters ^ | March 24, 2009 | Jeff Poor

Posted on 03/24/2009 11:13:26 AM PDT by Rufus2007

Could this be another case of a chastened CNBC succumbing to criticism from the left to improve its image?

Just a day after CNBC named former Democratic National Committee chairman Howard Dean a CNBC contributor, an uncharacteristically soft-spoken CNBC "Mad Money" host Jim Cramer, appeared on NBC's March 24 "Today" along with CNBC "Squawk on the Street" co-host and "Street Signs" host Erin Burnett. In a tone similar to the apologetic one he had earlier this month on Comedy Central's "The Daily Show," he complimented President Barack Obama's rhetoric toward high executive compensation.

"We have to put the shareholders somewhere in the equation," Cramer said. "When these CEOs make so much money, it hurts the shareholders. We have to be pro-shareholder. The president has become pro-shareholder."

..more (w/video)..

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: cnbc; erinburnett; jimcramer; nbc
Jim Cramer has had his backbone surgically removed.
1 posted on 03/24/2009 11:13:26 AM PDT by Rufus2007
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To: Rufus2007

Cramer is a WHORE.


2 posted on 03/24/2009 11:14:38 AM PDT by Ann Archy (Abortion....the Human Sacrifice to the god of Convenience.)
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To: Rufus2007
watsdamatter Cramer,you loose that fire, or your bonus?
3 posted on 03/24/2009 11:15:34 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Rufus2007

As predicted, Cramer is caving to the Dark Side.

Liberals just can’t help it.


4 posted on 03/24/2009 11:15:54 AM PDT by rightinthemiddle (I think we're gonna have another civil war.)
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To: Rufus2007

Jim Cramer is one of those exceptional irritants that WON’T go away even if everyone ignores him.


5 posted on 03/24/2009 11:16:09 AM PDT by Zuben Elgenubi
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To: Rufus2007

Looks like ol’Jim Crammer just got some TARP money...


6 posted on 03/24/2009 11:16:28 AM PDT by avacado (Impeach the Teleprompter!!!)
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To: Rufus2007

“Luke, you gonna’ get yo’ mind raht...”


7 posted on 03/24/2009 11:17:18 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: avacado

Blowhard,who got taken out by Jon Boy Leibowitz!


8 posted on 03/24/2009 11:18:54 AM PDT by Dr. Ursus
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To: avacado

OK, Cramer is back to drinking the Kool Aid. Obummer wants private industry to step in and save his sorry butt while at the same time he pounds, demonizes and sets out to virtually destroy the private sector and business in general. If private industry goes along with this scheme, they deserve everything that happens to them.


9 posted on 03/24/2009 11:18:59 AM PDT by Ev Reeman
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To: Rufus2007

He really had no choice. Jon Stewart had actual personal footage of Cramer saying he used his show to influence the market. I knew at the time that Cramer would either fall into line with Obama or face disgrace and jail.


10 posted on 03/24/2009 11:19:05 AM PDT by Deb (Beat him, strip him and bring him to my tent!)
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To: Rufus2007

Cramer found a horse head in his bed!


11 posted on 03/24/2009 11:19:20 AM PDT by Boanarges
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To: Rufus2007

Obama must have something that makes the Clinton FBI files look like child’s play.

Even this morning the female de “am” chastised a commentator by saying she thought “she would have to intervene to save his career”. IOW no bad comments about Obama are allowed.

The first amendment is dead and the media killed it for the enemy to save their own *sses. (vichey would be proud)


12 posted on 03/24/2009 11:19:35 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Rufus2007

Based on the new Treasury plan, Cramer is actually right on this. We are about to subsidize the purchase of a lot of realy shaky assets by giving private investors non-recourse loans with which to purchase these assets....Wall Street investors are about to get giant Christmas presents.

Heads, the taxpayer and investor wins...Tails, the taxpayer loses and the investor walks away. So yeah, that is pretty darn pro-shareholder.

The Swedish model needs to be seriously considered for any of this to be fair but Obama doesn’t have the political balls to do it.


13 posted on 03/24/2009 11:21:42 AM PDT by jackmercer
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To: Ev Reeman
"Obummer wants private industry to step in and save his sorry butt while at the same time he pounds, demonizes and sets out to virtually destroy the private sector and business in general..."

Obama doesn't want private industry to step up and save the economy. Obama wants the few last capitalist standing to take those toxic loans to finish them off.

14 posted on 03/24/2009 11:22:33 AM PDT by avacado (Impeach the Teleprompter!!!)
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To: avacado

whatever respect I had for this jackass is gone completely now lol.


15 posted on 03/24/2009 11:23:02 AM PDT by ground_fog
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To: Boanarges
Cramer found a horse head in his bed!

Indeed!

I've never understood the appeal of this blowhard. He's just another annoying talking head that has a loud mouthed shtick.

Send him away.

Keep Maria though..at least she's cute and got nice ta-tas.

16 posted on 03/24/2009 11:26:02 AM PDT by evad (YES!! I WANT Obama's Agenda TO FAIL!!!)
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To: Rufus2007

They probably told him he would get a vacation in a new reeducation camp..


17 posted on 03/24/2009 11:28:25 AM PDT by sheik yerbouty ( Make America and the world a jihad free zone!)
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To: Rufus2007

Just another Kool Aid Kid Now!


18 posted on 03/24/2009 11:37:02 AM PDT by Calusa (The pump won't prime 'cause the vandals took the handle. Quoth Bob Dylan.)
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To: rightinthemiddle
As predicted, Cramer is caving to the Dark Side.

He never left it.

19 posted on 03/24/2009 11:37:14 AM PDT by Niteranger68 (Barter Now! (Starve our socialist government))
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To: Rufus2007
hostage Pictures, Images and Photos

Cramer now starring in his own hostage videos.

20 posted on 03/24/2009 11:44:14 AM PDT by Snickering Hound
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To: Rufus2007

Crammer is an idiot.


21 posted on 03/24/2009 11:46:03 AM PDT by Mad_Tom_Rackham (What did Obama's Teleprompter know, and when did it know it...)
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To: Niteranger68

Didn’t say that. He’s just caving in to his fellow Liberals.


22 posted on 03/24/2009 12:22:57 PM PDT by rightinthemiddle (I think we're gonna have another civil war.)
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To: rightinthemiddle

I knew where you were coming from.


23 posted on 03/24/2009 12:51:46 PM PDT by Niteranger68 (Barter Now! (Starve our socialist government))
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