Keyword: cramer
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The ostensible purpose of gun control legislation is to reduce firearm deaths and injuries. The restriction of access to firearms will make criminals unable to use guns to shoot people. Gun control laws will also reduce the number of accidental shootings. Those are the desired effects, at least in theory. It is important, however, for conscientious policymakers to consider not only the stated goals of gun control regulations, but the actual results that they produce. What would be the effect of depriving ordinary, law-abiding citizens from keeping arms for self-defense? One result seems certain: the law-abiding would be at a...
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“There is no bubble in gold,” Cramer declared on Wednesday. “It is a genuine multiyear rally.” He thinks the move in gold is “just beginning,” and he wants investors to own some.
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Excerpt to middle of article... Meanwhile, President Obama showed "arrogance" on his part when he announced plans to install a network of high-speed railways without talking to the railroad companies first, Cramer charged. "I just think the business and the president just don't speak enough," he said. "It's really a shame."
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If Cramer is right about a sell-off coming early on Thursday, then that could be “your dream come true” to buy gold. See, according to US Global Investors—“the best source on gold that I know of,” Cramer said—the gold stocks have jumped an average of 8.34% each September for the past 17 years, making right now a great time to buy in. Investors always want at least some gold exposure in their portfolios, as it protects against inflation and overall market instability. But there’s another reason that Cramer’s bullish on the precious metal right now: scarcity. Most of the world’s...
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Back in January, when CNBC host Jim Cramer talked up the chances of “a gigantic rally” should Scott Brown win the Massachusetts Senate race, IBD’s Capital Hill poured some cold water on the idea with a post that, in retrospect, seems pretty much on target:
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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. All of the people who used this term were older, friends from the days of trading, wizened veterans of other terrible markets and of course, people who came of age during the Jimmy Carter years, where the unlamented president talked about...
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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.
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CRAMER: If You Don't Get A Lehman Brothers II In Europe In 48 Hours, Financial Stocks Will Go Up Joe Weisenthal May. 19, 2010, 2:41 PM Image: CNBC He just said to to Amanda Drury during his STOP TRADING segment. "The market is prepared for Lehman II... and if you don't get a Lehman II, and all you get is a slowdown, our stocks may not be so horrible." He specifically cited a 48-hour window for this to happen. Otherwise, it's time to buy the financial stocks. As for the risk from financial regulation, Jim Cramer says that's over. Dodd...
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When the mentality toward the market becomes negative, Cramer said during Monday’s Mad Money, there is nothing you can do to change it. But you can try and make some money. Buying gold is not only the best play on market negativity today, Cramer explained, it is your insurance against economic chaos and inflation. Here are six reasons why you should buy gold right now: Dependability: Expected to climb to $2,000 an ounce, Cramer said the precious metal tends to rise when other currencies fall. Can’t Be Copied: As the commercial says, “Central banks are printing money like mad.” That’s...
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Any time Erin Burnett tells a guest "You will not be back, you have to be more polite than that" you know the "guest" is telling the truth, the one commodity rarely if ever discussed on General Electric's circus station. Enter (or rather, exit) R&R Consulting's Sylvain Raynes, a structured finance expert, who at 3:10 into the clip takes on what he calls the "public relations officers" for Goldman, and asks "is it all right if I am a little critical?" Apparently the answer is no. First, Sylvain completely destroys Cramer's false "breaking news" about Goldman being long Abacus... And...
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While a vote on health care reform legislation appears to be imminent, should it pass it could have broader economic implications, even if the bill itself won't take effect for some time. As CNBC "Mad Money" host Jim Cramer predicted - if it passes, get ready to see a sell-off on Wall Street. Cramer appeared on CNBC's March 18 "The Kudlow Report," with his broadcast partner Larry Kudlow. Kudlow asked Cramer to elaborate on his theory ObamaCare could send the financial markets reeling or "topple the stock market," as Kudlow described it. "First, it is the single biggest impediment to...
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Here are three inconvenient little facts about ObamaCare that the MSM might not want people to hear . . . Financial guru Jim Cramer says ObamaCare would: 1. break the federal budget; 2. cause federal income tax rates to rise to 50-60%; and 3. cause capital gains and dividends to be taxed like ordinary income [i.e., at those 50-60% rates instead of the current 5-15%]. Cramer made his sobering predictions on today's Morning Joe. JIM CRAMER: I think this is a bill where if you get amnesty, it goes into law, you get amnesty. You break the budget. That means...
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A stunning upset victory by Republican Scott Brown in liberal Massachusetts’ Senate race Tuesday would unquestionably be a significant setback to President Obama’s agenda. It wouldn’t simply threaten Democrats’ health care plans; it would signal that a slippery slope of expanding government and inevitably much higher taxes might become somewhat less slippery. CNBC host and one-time Obama supporter Jim Cramer is talking up the chances of “a gigantic rally.” HMOs, medical device makers, banks, and Big Oil could all rally in expectation that “a more pro-business, less pro-labor government could be in front of us,” says Cramer.
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Former Barack Obama supporter Jim Cramer on Friday said the stock market would have a huge rally if Scott Brown defeats Martha Coakley in Tuesday's special senatorial election in Massachusetts. "I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and a Brown win," said Cramer on Friday's "Mad Money." "It will be a signal that a more pro-business, less pro-labor government could be in front of us." The often outspoken CNBCer marvelously declared it a "Pelosi politburo emasculation" (video embedded below...
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'Mad Money' host Cramer predicts stock rally if Scott Brown wins | Washington Examiner
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Since hitting their lows back in March, financial markets have rallied in the wake of last year's financial crisis. The Dow Jones Industrial Average (DJIA) is up 43 percent since March 9. But can it last? It could be all given up with this rate of government spending according to CNBC "Mad Money" host Jim Cramer. Cramer, responding to a viewer e-mail on his Sept.8 program, explained what a higher national debt would mean to the average citizen and investors in the near and long term. He said expect the market to go down and higher taxes eventually. ...more (w/video)...
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Here is video of CNBC's Jim Cramer saying yesterday that he believes advertisers will return to the Glenn Beck Show in due time. Cramer said Beck is "a nice guy," and he believes "in the end they all come back." He told investors they "should not be selling NewsCorp," the parent company of Fox News, on the rumors that sponsors have left Beck. . . . . (Watch Video)
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Speaking to Erin Burnett.
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It's no longer just enough to educate people about making healthy decision. You now have to influence them psychologically to effect true change according to CNBC's Jim Cramer. Cramer, during his "Stop Trading" segment on CNBC's "Street Signs" on Aug. 10, suggested eating so-called unhealthy food be demonized, similar to how the tobacco industry has been - through a publicity campaign that even appeared in movie theaters. ...more (w/video)...
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Until he nationalizes high tech, anyway.
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What follows is part 1 of a 15-part series. The remaining installments will appear on Deep Capture over the next several weeks, after which point the story will be published in its entirety. It is a story about the travails of just one small company, but it describes market machinations that have affected hundreds of other companies, and it contains a larger message for anyone concerned about the “deep capture” of our nation’s media and regulatory bodies. * * * * * * * * This story, like too many others, begins with Jim Cramer, the CNBC personality, making “a...
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It’s 1991 all over again, Cramer said during Thursday’s Mad Money. Investors who follow the game plan that worked then stand to gain the most. Eighteen years ago, Wells Fargo [WFC 25.00 -0.05 (-0.2%) ] announced that fears of a continuing decline in real estate, especially commercial, were unfounded. The bank boldly stated that the worst had passed and we should expect the market to turn up. Of course, no one believed Wells, and the shorts continued to pile in. But they were proved wrong. Investors who bought WFC, Warren Buffett among them, made big money. How is this playing...
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There was a time when Jim Cramer didn't like Bernanke. You know, early on in 2007 he accused Bernanke of being asleep at the switch. But with the crisis abating, Cramer's decided that Bernanke is the greatest Fed Chair ever, and he's not happy that Darrell Issa would question Bernanke's handling of Bank of America (BAC)/Merrill Lynch. Watch him freak out, here. VIDEO OUT SITE says we have too much freedom because a Republican called bernanke what he is a crook!
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Video at site CNBC had Dan Solin, the author of The Smartest 401k Book You'll Ever Read on as a guest today. After the host asked him what people could do better to save for retirement, Solin answered: "One of the things that you could do is to give us more 'In Bogle we Trust' and much less 'In Cramer we Trust'." Moments later, Cramer barged on to the set to respond. "The S&P is flat literally for ten years. That's Jon Bogle's world. If you were to sell at 11,000 like I told you in September, 10,000 like I...
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Just weeks after "The Daily Show" host Jon Stewart took Cramer to task for trying to turn finance reporting into a "game," famous bear economist Nouriel Roubini criticized Cramer on Tuesday for predicting bull markets. "Cramer is a buffoon," said Roubini, a New York University economics professor often called Dr. Doom.
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And calls the Democrats Bolsheviks, to boot.
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Although CNBC "Mad Money" host Jim Cramer has backed off his hyperbolic attacks on President Barack Obama ever since his "Daily Show" appearance, he's shown that he's not afraid to take on the Democratic-controlled Congress. So, to give credit where credit is due, the "Mad Money" host dedicated an entire segment to the Employee Free Choice Act, aka card check and how its passage by Congress could be detrimental to Wal-Mart's (NYSE:WMT) stock price on his April 3 program. And during the segment, Cramer used three references to Soviet/Russian communism to describe the Democrat effort pushing card check. "Right now,...
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With the economy suffering a steep downturn and a new hands-on approach by the federal government to correct it, financial news outlets have received increasing scrutiny. None more so than CNBC. The cable channel, along with its left-of-center sister network MSNBC, operates under the umbrella of NBC Universal. One openly liberal NBC network apparently isn’t enough. The left – from the White House to think tanks to bloggers – has targeted CNBC because of its traditional pro-investment point-of-view. After a few weeks of criticism, the network seems to be taking the criticism to heart and making a big left turn....
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CNBC looks to be making another left turn. After the network announced Democratic National Committee chairman and former Vermont Gov. Howard Dean as a “CNBC contributor,” the network has gone even farther. According a status update from Arianna Huffington’s Facebook page on March 24, the co-founder and editor-in-chief of The Huffington Post will co-host CNBC’s morning program, “Squawk Box” on March 31. “I'll be hosting Squawk Box on CNBC next Tuesday,” Huffington’s post read. “Who would you like to see me interview, and what should I ask them?” ..more..
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“Twilight” author Stephenie Meyer, race car driver Danica Patrick and U.S. Sen. John McCain represent Arizona on the list of finalists for Time magazine’s list of most influential people of 2009. Readers can cast their votes online at www.time.com/time/specials.
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There is a virtual ban on criticism of him in the press. Uncritical praise corrupts absolutely. Jon Stewart’s recent attack on CNBC’s Jim Cramer was so brilliantly performed, so smoothly produced and cruelly compelling, almost nobody noticed that it didn’t make sense. The climax came as Stewart put up a number of grainy clips of Cramer describing how to artificially (and unethically) depress a company’s stock price. The video was damning. Cramer looked sweaty. Stewart summed up the significance of what Cramer had said on the tape: “You can draw a straight line from those shenanigans to the stuff that...
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Finance is not comedy and when it becomes that, the last laugh is on you. Cramer’s MAD MONEY is nothing more than a Sham Wow Show for the Stock Market. When Comedy Central starts sounding more authoritative than CNBC in its sobering observations about how the market got messed up, it's time to change out some of the "talent" and pseudo-experts at CNBC.
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Before he left CNBC's Jim Cramer in the dirt, Jon Stewart had pretty much knocked CNN's "Crossfire" off the air and drawn blood from Chris Matthews and Bill Kristol, among others. But he also played a role in helping to elect Barack Obama. Mainly it was through his show's withering and wicked mockery of President Bush and Vice President Cheney for several years, and much of the same directed at John McCain and Sarah Palin (Stewart suggested that she might be "tagged and released into the wilderness"). Here are just a few of Stewart's highlights for the final year of...
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In this CNN segment, Tucker Carlson dares to notice that John Stewart went after CNBC's Jim Cramer only after Cramer criticized Comrade Obama's budget. The reaction by CNN's panel of liberals is nothing less than fury. I think Stephanie Miller must believe that if she just keeps saying Stewart is funny, it may become true.
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In the last two weeks, a Democrat and CNBC host, Jim Cramer, has suffered the wrath of his own political party in the same fashion as Joe the Plumber. This time, Jon Stewart of the Daily Show decided to attack Jim Cramer because Cramer dared to support Rick Santelli in his rant against Obama's unfocused resolution of the recession and the bailout of irresponsible borrowers. It was Joe the Plumber, in spades, all over again with Stewart focusing in on Cramer's stock picking faults and not on what he had said about Obama's policies. When it was all over, no...
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According to TVNewser, MSNBC hosts were asked NOT to comment on the CONFRONTATION between Jon Stewart and Jim Cramer. After all, MSNBC and CNBC are both part of the NBC parent company and money is at stake here. Therefore, NBC wanted as little attention paid to Cramer's pathetic performance defending himself on the Daily Show as possible. This was a moment of truth for Keith Olbermann who endlessly brags about speaking "truth to power." So did Olbermann pass the test? Well, I'll let this Daily Kos KOmmie THREAD, "Moment of Truth for Keith and Rachel coming up tonight" answer...
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WASHINGTON (AP) — The White House's chief spokesman on Friday said he enjoyed watching "The Daily Show" host Jon Stewart give a lashing to CNBC's Jim Cramer over how he and the business network have covered the collapsing economy. Cramer's Thursday appearance on Stewart's Comedy Central program garnered buzz that carried all the way to the White House briefing room. Press secretary Robert Gibbs said he had spoken with President Barack Obama on Thursday about watching the Stewart-Cramer showdown. "I forgot to e-mail and remind him that it was on, so I don't know if he's seen it," Gibbs said...
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Anyone notice how CNBC's Jim Cramer ripped Obama's policy initiatives, expressing dismay at how Obama was continually screwing up in regards to fixing the financial mess, and how Jon Stewart takes Jim Cramer to task after the fact? Where was Jon Stewart before Jim Cramer ripped Obama's policy initiatives? And where was Jon Stewart in regards to how Barney Frank, the Banking Queen, and Chris Dodd did more than their fair share of helping to screw the economy up? I'm no fan of Jim Cramer, but I really doubt Jon Stewart's sincerity in this matter.
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So Cramer gets verbally bitch-slapped by Stewart and the lefties rejoice as if he actually beat a formidable foe. Anyone with half a brain knows that liberals are notoriously horrible debaters and Cramer is just another in a long line. I suggest Stewart move up to the big leagues and try the same thing against Rush Limbaugh or Karl Rove and he'll see that it's a bit different debating those heavy hitters then beating up an intellectual minor-leaguer like Jim Cramer. If Stewart wants to go at it with a real free marketeer capitalist who has the facts to smoke...
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Quoth Jim Treacher a few hours ago, “I’ve never cared much about Jim Cramer, but it’s ‘funny’ how he didn’t become a problem for Jon Stewart until he became a problem for Obama.” And lo and behold, just across from Tapper at ABC: He wasn’t sure if the president caught Mr. Stewart’s bloodletting of the host of “Mad Money,” but he himself gave the show a thumbs up. “I enjoyed it thoroughly,” Gibbs said at his daily briefing… Gibbs today said Stewart “asked a lot of tough questions” and that he wasn’t “surprised that CNBC hasn’t put the video on...
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March 13, 2009 Categories: New York Times Stewart blasts CNBC: 'Whose side are they on?' Finally! After much back and forth -- and plenty of hype -- Jim Cramer sat down with Jon Stewart last night on the Daily Show. And Stewart didn't hold back, tearing apart Cramer (and CNBC) in an exchange that rivals his famous takedown of Crossfire back in 2004. "I understand you want to make finance entertaining, but it's not a f--king game," Stewart told Cramer. Stewart played several clips of Cramer speaking soberly about the tricks he once used as a hedge fund manager, and...
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It was supposed to be a moment of high drama – when Comedy Central “Daily Show” host Jon Stewart faced off with CNBC “Mad Money” host Jim Cramer. But it wasn’t a fight, it was more of a beating. The “comedian,” as Cramer recently called him, repeatedly bashed the financial network and its star host in a segment called “Brawl Street.” The week-long feud began when CNBC reporter Rick Santelli canceled his scheduled appearance on the March 5 “The Daily Show,” which led to a scathing attack on the entire CNBC network, and Cramer taking a few jabs in return....
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NEW YORK – Jon Stewart hammered Jim Cramer and his network, CNBC, in their anticipated face-off on "The Daily Show," repeatedly chastising the "Mad Money" host for putting entertainment above journalism. "I understand that you want to make finance entertaining, but it's not a ... game," Stewart told Cramer, adding in an expletive during the show's Thursday taping. The episode was scheduled to air at 11 p.m. EDT on Comedy Central. It was perhaps the hardest lashing Stewart has given to a TV commentator since 2004 when he called Tucker Carlson and his then co-host Paul Begala "partisan hacks" on...
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"Mad Money" host Jim Cramer, the subject of recent criticism from John Stuart, among others, fires back."-Via MSNBC
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Jim Cramer just keeps paying the price for his heresy. Ever since his March 3 remarks calling Obama's policies "greatest wealth destruction I've seen by a president," the CNBC "Mad Money" host has been under attack. First it was the back-and-forth with the White House, then he was skewered by comedian Jon Stewart. Now CNN and a former high-ranking public official have targeted him. Cramer, who is set to appear on Comedy Central's "Daily Show" on March 12, was featured in a segment of that day's CNN "American Morning" reporting on a video he did for TheStreet.com in 2006, in...
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Jon Stewart is indicted pretty nicely here.
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