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Keyword: jimcramer

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  • CNBC's Jim Cramer: Trump Has 'Real Things to Say' About Economy

    03/18/2016 6:27:56 AM PDT · by RoosterRedux · 45 replies ^ | F McGuire
    CNBC's Jim Cramer cautions voters that you shouldn’t write off everything Donald Trump says as controversial sound bites on the nightly news. "Trump has real things to say. They may not be what you think, and they often seem like wishful thinking. But you need to know his views, not just how he is doing coming around the far turn," the "Mad Money" host said. Cramer believes the U.S. “has been crushed on almost every single trade deal it has done, going all the way back to Nafta,” CNBC reported. “And every time Cramer has asked an official of either...
  • CNBC’s Jim Cramer: Trump ‘Right About Trade’

    03/17/2016 7:27:44 PM PDT · by Rockitz · 18 replies ^ | 17 Mar 2016 | Jeff Poor
    Thursday on CNBC’s “Squawk Box,” Jim Cramer, host of his network’s “Mad Money,” argued that Republican presidential front-runner Donald Trump was on the right side when it comes to trade. Cramer said that over the last decade, U.S. trade deals have tended to favor other countries as far as surpluses go and that Trump’s trade policy proposals would lend themselves to be pro-worker. “I’m with Trump on this,” he explained. “Look, we lose on every trade deal. I ask all these people from either party: name me one trade deal we have had a surplus on in the last decade....
  • Cramer: Listen to Donald Trump

    03/17/2016 8:04:48 AM PDT · by Trumpinator · 76 replies ^ | 03/16/2016 | Abigail Stevenson
    Cramer: Listen to Donald Trump Abigail Stevenson | @A_StevensonCNBC 16 Hours Ago Jim Cramer is tired of the horse race. He is sick of hearing whether John Kasich can be a comer because he won his home state, or if Ted Cruz can win enough delegates. For once, Cramer would rather go over what Donald Trump is actually saying, and what he would do if elected President. "Trump has real things to say. They may not be what you think, and they often seem like wishful thinking. But you need to know his views, not just how he is doing...
  • New Labor Department rule could kick Jim Cramer, Dave Ramsey, Suze Orman off the air

    03/05/2016 4:33:44 PM PST · by SeekAndFind · 21 replies
    Hotair ^ | 03/05/2016 | Taylor Millard
    A new government regulation could end up causing serious damage to freedom of speech and freedom of the press. The Labor Department is finalizing a new fiduciary rule which the government claims will save the middle class billions of dollars by requiring the the firm and adviser to provide advice “in the client’s best interest.” Via the Labor Department’s website: *Commits the firm and adviser to providing advice in the client’s best interest. Committing to a best interest standard requires the adviser and the company to act with the care, skill, prudence, and diligence that a prudent person would...
  • Chevron delays big projects, plows the Permian Basin

    01/31/2016 7:56:24 AM PST · by thackney · 2 replies
    Fuel Fix ^ | January 29, 2016 | Collin Eaton
    The CEO of Chevron Corp. said his company recently mothballed a $500 million ultra deep-water Gulf of Mexico development not because the oil reservoir was too small to develop - but because it had better places to spend its money. Namely, the Permian Basin in West Texas. "There are tough choices being made," Chevron CEO John Watson told investors on Friday, after the San Ramon, California oil giant posted its first quarterly loss since 2002. The $588 million loss - worse than analysts had expected - was driven by a series of special charges in the fourth quarter, including Chevron's...
  • As Its Ratings Slide, The Confessions Of A Recovering CNBC Pundit(Or what happened to Larry Kudlow)

    07/11/2013 11:52:55 AM PDT · by SeekAndFind · 28 replies
    Townhall ^ | 07/11/2013 | Jerry Bowyer
    The latest Nielsen ratings show that business network CNBC is in a ratings free fall. By some measures the cable channel is experiencing its lowest numbers since 1994. Particularly hard hit are Jim Cramer’s Mad Money and Larry Kudlow’s show, The Kudlow Report. Kudlow’s is showing the worst ratings declines year over year of any program in the network, and keep in mind, the network itself is once again suffering a big ratings slide. The Kudlow Report’s numbers have fallen 60% in the last year. I wish all of this would have come as a surprise to me, but it...
  • You know the stock market is in trouble when Apple's Tim Cook is emailing Jim Cramer

    08/24/2015 6:21:07 PM PDT · by SeekAndFind · 52 replies
    The Verge ^ | 08/24/2015 | By Ben Popper
    Stock markets around the world have been posting big losses for the last few days. The route was especially rough this morning, with the DOW Jones at one point falling 1,000 points in less than an hour. At the heart of the current slide is an issue which could impact many tech companies: economic weakness in China. Two weeks ago China's government made an aggressive move to devalue its currency. This followed several weeks of tumult in the Chinese stock market, during which the government had also interceded with force. Taken together, investors saw a Chinese market where growth was flagging. That...
  • Cramer Remix: The Feds Need to do this Now.

    08/21/2015 6:26:24 AM PDT · by EBH · 15 replies
    CNBC ^ | 8/21/2015 | Abigail Stevenson
    At this point, it is clear to Jim Cramer that the stock market is inevitably going down. That's just the way it is. But that doesn't mean investors have to sit back and do nothing about it. "I do find it helpful to figure out what would reverse that ineluctable sense of retreat so if I spotted it...I would know that the overwhelming propensity for a declining session isn't as written in stone as we thought," the "Mad Money" host said. So, what are the topics on Cramer's radar that could signal a market reversal if they changed? He went...
  • Cramer: The gigantic oil crash that hasn't occurred

    03/13/2015 6:43:03 AM PDT · by thackney · 11 replies
    msn ^ | Jim Cramer
    We keep waiting for the bust, the gigantic rollover of oil companies that just plain collapse under their own weight and the $50 price that you get for West Texas Intermediate. It hasn't happened. We keep waiting for the junk bond market that is riddled with $200 billion in oil and gas paper to be crushed by defaults and restructurings. It hasn't been. In fact, the iShares iBoxx $ High Yield Corporate Bd, the high-yield exchange-traded fund that includes a lot of this suspect paper, is pretty much unchanged for the last three years and has enjoyed a sustained rally...
  • CNBC Viewership Plunges To 21 Year Lows

    09/06/2014 6:43:07 PM PDT · by Lorianne · 49 replies
    Zero Hedge ^ | 05 September 2014 | Tyler Durden
    It's over: whether due to the complete domination of centrally-planned markets by a few central banks, whether as a result of HFTs forcing out all human traders and investors, whether due to volatility plunging to record lows and complacency at record highs, whether viewers simply aren't impressed by the new young, female faces that are increasingly taking over the primetime financial TV slots, because people are tired of Cramer's endless "caffeine" high and endless attempts to justify a record disconnect between manipulated record high "markets" and a stagnant economy in which some 53 million workers are "freelancers", or simply because...
  • CNBC’s Jim Cramer: Amnesty Supporters ‘Don’t Care’ About American Workers (Video)

    01/08/2014 12:14:32 PM PST · by montag813 · 25 replies
    Top Right News ^ | 01-08-2014 | John Urban
    On Meet the Press Sunday, CNBC host Jim Cramer said that those pushing amnesty for tens of millions of illegal aliens simply don't care about American workers. Cramer stunned the political establishment by saying out loud what the elites and their donors want to censor -- that amnesty would destroy our workers and hurt our economy. By John Urban | Top Right NewsCramer, a lifelong Democrat, was responding to Obama economic adviser Gene Sperling's assertion that "immigration reform" would fix the nation's job problems, hitting the Democrat party in particular, but making a much larger point. "David, don't you find it interesting that...
  • Something has gone awry in market: Cramer

    10/23/2013 5:01:52 PM PDT · by Steve40K · 16 replies
    CNBC ^ | Jim Cramer
    <p>There's a trend underway in the market and Cramer doesn't like it.</p> <p>Although the Dow Jones and S&P only closed modestly lower, it's what moved the market that concerns Cramer.</p> <p>"Cyclicals, especially the oils were laid to waste on Wednesday, while consumer product stocks roared higher," Cramer noted.</p>
  • CNBC Pulls Video of Elizabeth Warren Smacking Down Anchor Over Glass-Steagall (VideoProvided Here)

    07/19/2013 4:35:30 PM PDT · by lbryce · 61 replies
    AmericaBlog ^ | July 19, 2013 | John Aravosis
    Earlier this week, Democratic Senator Elizabeth Warren (D-MA) went on CNBC last Friday to debate the Glass-Steagall banking regulations that were adopted in 1933, and her proposal to update and strengthen the law in a way that would likely force the big banks to spin off some of their business and stop being so damn big. As you can imagine, CNBC is no fan of Glass Steagall, regulating banks, or Elizabeth Warren. During her appearance on CNBC, Warren basically kicked ass, the video went viral, with over 700,000 views in a matter of days, so CNBC pulled it. Here’s what...
  • Video: “It’s a permanent unemployed level” (Jim Cramer's Lament)

    04/05/2013 9:26:36 AM PDT · by SeekAndFind · 6 replies
    Hotair ^ | 04/05/2013 | Ed Morrissey
    Via Daniel Halper at The Weekly Standard, CNBC’s Jim Cramer dimly sees that today’s jobs report isn’t about the sequester or the end of the payroll tax cut.CLICK ABOVE LINK FOR THE VIDEO “Look, I’m struggling here,” said Cramer. “I’m struggling to find anything good about it. I’m trying to figure out exactly how worried we were three, four weeks ago. The president was on TV pretty regularly saying that look, there’s going to paralysis in the country. We did believe that sequester could shut down this country. Maybe it’s under that guise that we got this terrible number. But...
  • Cramer's Charged With Accounting Fraud

    12/18/2012 2:06:11 PM PST · by george76 · 18 replies
    Zero Hedge ^ | 12/18/2012 | Tyler Durden
    wonder if CNBC will finally cancel the ludicrous Jim "truth" Cramer campaign once this news breaks. We doubt it - ... SEC Charges Financial Media Company and Executives Involved in Accounting Fraud. Washington, D.C., Dec. 18, 2012 — The Securities and Exchange Commission today charged a digital financial media company and three executives for their roles in an accounting fraud that artificially inflated company revenues and misstated operating income to investors. ... The SEC alleges that TheStreet Inc., which operates the website, filed false financial reports throughout 2008 by reporting revenue from fraudulent transactions at a subsidiary it had...
  • Jim Cramer Many people do not even have their orders filled..$FB a giant fiasco and a hidden one..

    05/19/2012 8:03:59 PM PDT · by SMGFan · 77 replies
    Jim Cramer Twitter ^ | May 19, 2012 | Jim Cramer
    Jim Cramer Tweeting and requesting tweets about possible problem with NASDAQ Facebbok
  • Jim Cramer: President Obama Is ‘Hated Like Jimmy Carter’ By Business Leaders

    09/17/2011 4:00:31 AM PDT · by TigerLikesRooster · 13 replies · 1+ views
    Mediaite ^ | 09/16/11 | James Crugnale
    Jim Cramer: President Obama Is ‘Hated Like Jimmy Carter’ By Business Leaders by James Crugnale | 3:18 pm, September 16th, 2011 CNBC’s Jim Cramer reported Friday morning on Squawk on the Street that he’s hearing from business leaders off-camera that Obama is hated by business leaders. “The disdain is off the charts! This guy, he is hated like Jimmy Carter!” Cramer’s candid insight came after news from anchor Melissa Lee that there was a sadness about the economy from many traders and about how The Conference Board said there was a 45% chance of the US going into recession. “They...
  • Geithner: Economy In "An Early Stage" Of Crisis (Ya Think?)

    09/14/2011 9:25:59 AM PDT · by Beave Meister · 9 replies
    Jim Cramer, CNBC host: "Now let's talk about the fact that you said the economy is weak. You put out a jobs plan. The New York Times today basically gives its obituary. 'Tax plan for jobs bill.' Familiar ring. Meaning the GOP will not back this. Is this dead on arrival?" Tim Geithner, U.S. Secretary of Treasury: "Absolutely not. I think that there's no reason now for the Congress of the United States not to act to help strengthen growth in the near term. It's the conservative, prudent, responsible thing to do. You can think of it as protection against...
  • CNBC's Cramer Plays Populist: Wall Street Execs 'Should Be on the Chilean Copper Mine Diet'

    10/13/2010 8:07:47 AM PDT · by Rufus2007 · 3 replies
    Newsbusters ^ | October 13, 2010 | Jeff Poor
    So we’re back to this again? We’re 21 days out of the midterm elections and the media are back looking to capitalize on anti-Wall Street sentiments. On the Oct. 13 broadcast of NBC’s “Today,” host Matt Lauer referenced an Oct. 12 Wall Street Journal report to his guest, CNBC’s Jim Cramer, about Wall Street pay hitting a record $144 billion. Lauer, of course, just looked at the headline without examining exactly why pay on Wall Street reached that level. (The Journal cites “firms, benefiting from low interest rates and strong international markets” as a reason.) Instead Lauer argued that executives...
  • Jim Cramer: Gold Going to $2,000

    10/05/2010 3:47:53 PM PDT · by Rufus2007 · 38 replies · 1+ views
    Newsbusters ^ | October 5, 2010 | Jeff Poor
    One of the most embattled commodities over the last few years as the economy has struggled has been one of the most precious of all metals – gold. Over the last 12 months, the price of gold has appreciated considerably. But CNBC host Jim Cramer contends it is going higher – much higher. In an Oct. 5 interview for with Alix Steel, a reporter from Cramer’s website, Cramer explained that the current high price of gold is not the result of a bubble, which he debunked by explaining the definition of a bubble. “Well you see, bubble’s a complicated...
  • CNBC's Jim Cramer Credits CNBC-Obama Infomercial for 146-Point Dow Jones Rally (Video)

    09/21/2010 6:08:07 AM PDT · by Rufus2007 · 21 replies · 1+ views
    Newsbusters ^ | September 21, 2010 | Jeff Poor
    Someone's a little full of the power of his network apparently. On Sept. 20, CNBC hosted a so-called "town hall" meeting on its network about President Barack Obama and how his administration is dealing with business issues. Obama took some criticism from participants and observers said the president was playing defense. However, CNBC's "Mad Money" host Jim Cramer had a different take on the made-for-television event. According to Cramer, Obama's appearance was a net-positive for the stock market. "Do you know why this market went up and stayed up today, with the Dow voting 146 points, S&P rising one-and-a-half percent?"...
  • Cramer: 'Mass Panic' in Markets Tomorrow After 'Shocker' GDP Released

    08/26/2010 2:14:39 PM PDT · by Rufus2007 · 33 replies
    Newsbusters ^ | August 26, 2010 | Jeff Poor
    It is a curious phenomenon - the way the media have handled the economy since President Barack Obama has taken office. Generally the coverage has been on the optimistic side over the last 18 months. But could this blind optimism come back to haunt people that trade on economic metrics? According to CNBC "Mad Money" host Jim Cramer, it will and in a big way on Aug. 27, when the new gross domestic product numbers are released. On CNBC's Aug. 26 broadcast of "Street Signs," Cramer predicted dismal numbers during his "Stop Trading" segment, which has been contrary to the...
  • Cramer: Democrats Not Fed Policy to Blame for Economic Malaise

    08/10/2010 1:14:14 PM PDT · by Rufus2007 · 8 replies
    Newsbusters ^ | August 10, 2010 | Jeff Poor
    Surprise - the Federal Reserve announced it will keep the Fed funds rate between zero and 0.25 percent. OK - it's not really much of a surprise. However, Federal Reserve Chairman Ben Bernanke has responded to the slowing economic recovery with restraint, not tinkering with interest rates and showing a continued willingness to buy mortgage-backed securities and long-term Treasury bonds. And that was roundly applauded by the markets, and CNBC "Mad Money" host Jim Cramer. "Here's what you need to know about the Fed," Cramer said. "They're not in the way. I'm a Fed-is-friend, Fed-is-foe guy." On CNBC's Aug. 10...
  • The Golden Witch Hunt: Left-Wing, Mainstream Media Target Gold Advertisers

    07/28/2010 4:52:25 PM PDT · by Rufus2007 · 5 replies
    Newsbusters ^ | July 28, 2010 | Jeff Poor
    Gold has been a highly valued commodity going at least as far back as the ancient Egyptian culture in 2600 BC. But now, with economic instability and uncertainty over the health of major global currencies, the demand for gold has risen as a store of value and a hedge against inflation. Over the past 12 months, the price of gold has gone up dramatically - up 25 percent from July 2009 (from $929 per ounce to $1,163 per ounce, after reaching a high of $1,250 per ounce). That has outperformed the Dow Jones Industrial Average (DJIA) on a percentage basis....
  • Cramer Rips Feds for Congressman’s 1K-2K Dow Drop Call: Washington Has Decided to Eviscerate Profits

    06/29/2010 2:45:20 PM PDT · by Rufus2007 · 9 replies
    Newsbusters ^ | June 29, 2010 | Jeff Poor
    On CNBC's June 29 broadcast "Power Lunch," Rep. Paul Kajorski, D-Pa. made a pretty prediction about the Dow Jones Industrial Average (DJIA) should Congress be unable to pass financial regulation legislation. [Video Available Here] "You know, I wish every one of them would ask the question and also the industry and media, what happens in this country if this bill fails?" Kanjorski said. "Do you think 236 points down on the Dow is surprising? Check 1,000 or 2,000 points if we fail to change the ways that caused this problem." That caught the attention of CNBC's Erin Burnett, who played...
  • Dramatic Video Shows Jim Cramer Talking Through Violent Dow Jones Swing - Video 5/6/10

    05/06/2010 7:07:48 PM PDT · by Federalist Patriot · 7 replies · 823+ views
    Freedom's Lighthouse ^ | May 6, 2010 | Brian
    Here is amazing video from CNBC this afternoon of stock guru Jim Cramer on air with Erin Burnett and others as they watched the Dow drop to nearly 1,000 points down and then rebound dramatically to a drop of less than 400 points. When the video begins, it shows Cramer talking about Proctor & Gamble being down to $47.01, off over $15 for the day. Cramer said PG was worth more than that, and urged people to buy it at that price. By the time the video ends, it had rebounded to over $60 a share, and was only off...
  • CNBC's Cramer Predicts Goldman to Get Record $2-3 Billion Fine, Management Possibly Let Go

    04/26/2010 12:48:36 PM PDT · by Rufus2007 · 17 replies · 694+ views
    Newsbusters ^ | April 26, 2010 | Jeff Poor
    While questions swirl about the ins and outs of the Securities and Exchange Commission charges against Goldman Sachs (NYSE:GS), and the eventual result is no clearer. According to CNBC "Mad Money" host Jim Cramer, after the release of several e-mails from Goldman traders, including Fabrice Tourre, who described the investments at the firm "like Frankenstein," the investment bank finds itself in an untenable position. Cramer told MSNBC's April 26 "Morning Joe" that Goldman really has no defense if, as the government alleges, Goldman misled investors when it established a mortgage-backed security in 2007 for a hedge fund client looking to...
  • CNBC Guest Tells Truth, Calls Cramer Shallow, Is Yanked Off Air

    04/16/2010 8:25:27 PM PDT · by george76 · 11 replies · 1,498+ views
    zero hedge ^ | 04/16/2010 | Tyler Durden
    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...
  • CNBC's Erin Burnett Boots Guest Analyst for Repeatedly Attacking Jim Cramer during Segment - Video

    04/18/2010 5:14:39 AM PDT · by Federalist Patriot · 17 replies · 1,095+ views
    Here is video of CNBC's Jim Cramer being repeatedly attacked by guest analyst Sylvian Raines, as host Erin Burnett struggled to keep him in check. Raines kept insinuating that Cramer had been a "PR Rep" for Goldman Sachs, a charge Cramer disputed. Cramer said in response to the attacks, "I’ve blasted Goldman many times. I don’t need to hear that nonsense." When they came to a break, Burnett told viewers they would return, but said, "Sylvian will not be with us. You have to be more polite that that, Sylvian."
  • South Park Rips on CNBC’s Jim Cramer, Facebook (Video)

    04/08/2010 8:22:03 AM PDT · by Rufus2007 · 15 replies · 826+ views
    This is kind of a funny look at how the number of Facebook friends has come to dominate a certain subset of culture. CNBC “Mad Money” host Jim Cramer – you either love him or you hate him, but he does make stock picking, even if his aren’t very good, entertaining at least. Here we have Eric Cartman, playing the role of Cramer. Can’t wait until Trey Parker and Matt Stone take on Twitter. ...more (w/video)...
  • 'Mad Money' Cramer: Health Care Passage 'Will Topple the Stock Market'

    03/19/2010 5:34:49 AM PDT · by Rufus2007 · 38 replies · 2,482+ views
    Newsbusters ^ | March 19, 2010 | Jeff Poor
    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...
  • Cramer: ObamaCare Would Rocket Tax Rates to 50-60%

    03/16/2010 6:43:10 AM PDT · by governsleastgovernsbest · 33 replies · 1,784+ views
    NewsBusters ^ | Mark Finkelstein
    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. View video here.
  • Obamacare Will Topple the Rickety Market

    03/15/2010 7:41:19 AM PDT · by reaganaut1 · 8 replies · 771+ views ^ | March 15, 2010 | Jim Cramer
    Either the market doesn't care that the health care bill will pass -- and it will -- or it doesn't think that the proposal will cost that much -- something I think is nuts. Which brings us to a very tenuous crossroad: We have to wonder if this is one of those occasions, like in 2008, where the market doesn't see the coming catastrophe. Or perhaps the market sees any resolution as positive. I don't. I think when the health care bill passes -- and it will pass, I believe, because Nancy Pelosi has worked diligently behind the scenes to...
  • Cramer: Come November "Every Dollar Is Coming This Way" As Foreigners Presume GOP Congress (Video)

    03/04/2010 9:28:15 AM PST · by Talkradio03 · 478+ views
    hotairpundit ^ | 3/4/10 | HAP
    Jim Cramer on CNBC: "Obama and Pelosi have decided to commit Democratic Party political suicide by jamming through a health care bill...By the time these two ideological twins get health care through...Every dollar is coming this way, as the foreigners will presume that they have Republican Congress come November"...Obama loses Cramer...Good
  • Obama's Stubbornness (on natural gas) Is a Mystery (to Jim Cramer)

    02/17/2010 10:58:46 AM PST · by reaganaut1 · 14 replies · 622+ views ^ | February 17, 2010 | Jim Cramer
    Could the contrast between the president's view on natural gas and the industry view on natural gas be more on display than it was on today's "Mad Money: High Noon" show? First we had Austan Goolsbee, one of the president's economic council of advisers, talking about energy. Even when pressed, he just wouldn't say that natural gas will be an important part of the mix. Then we had Larry Nichols of Devon (DVN), the CEO of one of the largest independent oil companies in the world talking about a natural gas boom in this country and how we have more...
  • Cramer Rips Obama 'Lurch Toward Populism': 'Now on an Anti-Shareholder Rampage'

    01/26/2010 6:56:26 AM PST · by Rufus2007 · 15 replies · 1,109+ views
    NewsBusters ^ | January 26, 2010 | Jeff Poor
    It was initially thought the election of President Barack Obama was just going to hit your pocketbook in the form of higher taxes. But if the past several days are any indication, the president has found another way to hit it - by attacking your stock portfolio. On CNBC's Jan. 25 "Mad Money," host Jim Cramer advised his views to be aware of this and to strategically position their stock portfolio with an eye on Obama and Washington's expanded role in the private economy. "In the last week the world of investing has been turned upside down by Washington," Cramer...
  • Jim Cramer: Brown Win Causes Huge Stock Rally As Investors Celebrate Pelosi Politburo Emasculation

    01/17/2010 1:38:04 PM PST · by SeekAndFind · 7 replies · 750+ views
    Newsbusters ^ | 01/16/2010 | Noel Sheppard
    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...
  • Oops -- Cramer's October 12 Unemployment Prediction: 'We Are Not Going to Reach 10 Percent'

    11/07/2009 11:37:39 AM PST · by Rufus2007 · 19 replies · 1,104+ views
    Newsbusters ^ | November 7, 2009 | Jeff Poor
    Drinking the Kool-Aid on MSNBC wasn't enough, even for CNBC's Jim Cramer, to escape the reality that Obamanomics isn't working. Back on October 12, Cramer, to his credit, knew there were some problems with the $787-billion stimulus passed earlier this year. However, he felt it was necessary to pledge his admiration for President Barack Obama, Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke. But, Matthews asked Cramer if there would be something tangible to back up that praise. "OK - let me ask you the question," Matthews said on MSNBC's Oct. 12 "Hardball." "Let's talk about how we...
  • Cramer to Wall Street Execs to Be Hit by Obama’s Draconian Pay Restrictions: Let Them Eat Muni Bonds

    10/22/2009 4:32:33 AM PDT · by SeekAndFind · 41 replies · 1,427+ views
    Newsbusters ^ | 10/21/2009 | Jeff Poor
    Worried about a potential slippery slope with the Obama administration dictating what people are paid in the private sector - TARP bailout or no TARP bailout? Message from CNBC's Jim Cramer: Get over it. On CNBC's Oct. 21 "Street Signs," the "Mad Money" host ripped into Wall Street executives that objected to the government dictating the rules of compensation. Opponents argue these pay restrictions inhibit Wall Street firms ability to retain the best employees possible - an argument Cramer says doesn't matter. "Hey, there's no God-given right to work at those companies," Cramer said. "These people can go off if...
  • Chris Matthews Rude Awakening: $787-Billion Stimulus 'A Big Grab Bag of Stuff'’

    10/13/2009 9:19:21 AM PDT · by Rufus2007 · 11 replies · 1,089+ views
    Newsbusters ^ | October 13, 2009 | Jeff Poor
    It's an odd natural occurrence when you put MSNBC "Hardball" host Chris Matthews and CNBC "Mad Money" host Jim Cramer together, but when it happens they seem to draw some obvious conclusions - albeit nearly 10 months too late. Back in January, Cramer appeared on Matthews' show. They both expressed their concern over the $787-billion stimulus, which eventually passed and asked if it really was stimulative. When the duo appeared together again on Oct. 12, they concluded it wasn't. Cramer was on "Hardball" to promote his new book, "Jim Cramer's Getting Back to Even." Matthews observed that the stimulus bill...
  • CNBC's Cramer on Glenn Beck Advertisers: 'I Think They All Come Back in the End'

    08/24/2009 2:22:14 PM PDT · by Rufus2007 · 10 replies · 1,015+ views
    NewsBusters ^ | August 24, 2009 | Jeff Poor
    Keith Olbermann, Ed Schultz and the brain trust at ThinkProgress probably won't like this, but CNBC "Mad Money" host Jim Cramer thinks the Glenn Beck boycott won't have an impact on NewsCorp's (NASDAQ:NWSA), the parent company of Fox News, bottom line. During the "Stop Trading" segment on "Street Signs" Aug. 24, Cramer explained that Unilever (NYSE:UN) was going all out with its advertising, by not avoiding shows that might offend someone's political sensibilities. Cramer said that strategy was paying off for Unilever, whose stock is up 10 percent since July. ...more (w/video)...
  • 'Mad Money' Cramer: 'Demonize' Unhealthy Foods to 'Embarrass People' to Lower Health Costs

    08/10/2009 4:24:25 PM PDT · by Rufus2007 · 8 replies · 469+ views
    NewsBusters ^ | August 10, 2009 | Jeff Poor
    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)...
  • Cramer Credits Tech Stock Rally to Immunity from Obama, 'Politburo Chief' Pelosi

    07/24/2009 10:36:37 AM PDT · by Rufus2007 · 5 replies · 393+ views
    NewsBusters ^ | July 24, 2009 | Jeff Poor
    CNBC "Mad Money" host Jim Cramer credits lack of government regulation with a recent market jump in technology stocks. The tech-heavy NASDAQ composite (NASDAQ) shot upward 3 percent, from July 8 through July 23, even defying other market indexes that had down days in the same time period. Cramer theorized on his July 23 show that the tech sector during that time period, despite the setback on July 24 in the wake of news that Microsoft (NASDAQ: MSFT) reported lower than expected earnings - because of government. ...more (w/video)...
  • Michael Milken, 60,000 Deaths, and the Story of Dendreon

    07/19/2009 11:24:16 PM PDT · by rvoitier · 11 replies · 975+ views ^ | 6.18.09 | Mark Mitchell
    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...
  • Cramer's Cure for Ailing Stock Market: News Media Blackout of 'Bolshevik' House Speaker Nancy Pelosi

    07/10/2009 6:03:27 PM PDT · by Rufus2007 · 8 replies · 941+ views
    NewsBusters ^ | July 10, 2009 | Jeff Poor
    CNBC "Mad Money" host Jim Cramer often showcases erratic and unpredictable behavior and the same goes sometimes for his analysis of the stock market. While the economy continues to struggle through the recession, the forward-looking indicators known as the financial markets continue to perplex Cramer for not going up when some positive signs, also known as "green shoots" by the financial media, are starting show. According to his analysis - it's the government and a reliance on oil futures that have scared off investors. ...more (w/video)...
  • Obama's Agenda vs. Expanding Business

    07/06/2009 10:54:24 AM PDT · by reaganaut1 · 9 replies · 382+ views
    Realmoney ^ | July 6, 2009 | Jim Cramer
    Is it time to ask whether the Obama agenda could be hurting and not helping the business of this country. Does he have an anti-business bias or an agenda that gets translated into such a stance? [Here is a] list of what could be impeding the hiring of more people, the principal reason why we have been selling off. 1. Card check with forced arbitration. This pro-union position making it easier for workers to organize could lead to a dramatic expansion in union power. [...] 2. Tax on health benefits. This is a tough one because it could really crimp...
  • More Bernanke, Mr. Issa, And The Media

    06/24/2009 9:46:21 PM PDT · by FromLori · 9 replies · 480+ views
    The Market Ticker ^ | 6/25/09 | Karl Denninger
    I'm done being nice about this. First, watch the following clip from CNBC. It is quite clear, and explicit. This set off a veritable firestorm on CNBC, with various commentators coming in to defend Bernanke. None, however, was more odious than Jim Cramer, who said we need "a little less democracy." What? LESS DEMOCRACY Jim? Oh, I get it. You think that The Federal Reserve should be able to break the law any time it wants? That it should be able to, for example, buy Freddie and Fannie paper even though the clear black-letter law says it cannot? The Fed...
  • CNBC's Cramer: Everybody Wishes Obama Would Just Go Away

    06/19/2009 11:24:17 AM PDT · by pissant · 37 replies · 2,113+ views
    Newsbusters ^ | 6/19/09 | Noel Shepherd
    "Has Jim Cramer just touched off another round of Tea Parties?" So asked TVNewser's Chris Ariens Thursday in response to another anti-Obama demonstration by the outspoken CNBCer who appeared on MSNBC's "Morning Joe" hours earlier: But until we get the economy moving again, I think everybody wishes that Obama would just kind of go away for a little bit. Honestly, you've got to see it to believe it (video embedded below the fold with partial transcript):
  • Obama Is a Bearish Macro Fundamental

    05/22/2009 10:39:09 AM PDT · by reaganaut1 · 4 replies · 197+ views ^ | May 22, 2009 | Jim Cramer
    If you are up this year, how in heck could you not take something off the table into this rally? That's my biggest dilemma as we go into a three-day weekend with an activist president suggesting programs that will take away as many jobs as they create, reduce consumer buying power and make it so your utility bill goes up. The macro is intruding on the micro, and it makes me uncomfortable. I simply can't get over the power of this president. I don't know what I would be doing if I were Southern Co. -- although it is up...
  • Cramer Claims Stewart Was Trying to Get Him Fired: 'One Day He'll Answer for It'

    05/14/2009 2:18:54 PM PDT · by Rufus2007 · 11 replies · 991+ views
    NewsBusters ^ | May 14, 2009 | Jeff Poor
    Usually when CNBC's Jim Cramer is making headlines, it's for his outrageous antics or over-the-top statements. Not this time. Time magazine's Justin Fox interviewed Cramer asking him questions submitted by readers which was posted on May 14. Two of those questions dealt with his March 12 appearance on Comedy Central's "The Daily Show." In his answers, Cramer accused Jon Stewart of personal attacks, being "vicious," and said that ultimately he had been had." Fox asked Cramer if this was just a case of him taking "Daily Show" host Jon Stewart's criticism of the entire CNBC network too personally. ...more...