Skip to comments.Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President has Become Pro-Shareholder'
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."
(Excerpt) Read more at newsbusters.org ...
Cramer is a WHORE.
As predicted, Cramer is caving to the Dark Side.
Liberals just can’t help it.
Jim Cramer is one of those exceptional irritants that WON’T go away even if everyone ignores him.
Looks like ol’Jim Crammer just got some TARP money...
“Luke, you gonna’ get yo’ mind raht...”
Blowhard,who got taken out by Jon Boy Leibowitz!
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.
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.
Cramer found a horse head in his bed!
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)
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.
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.
whatever respect I had for this jackass is gone completely now lol.
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.
They probably told him he would get a vacation in a new reeducation camp..
Just another Kool Aid Kid Now!
He never left it.