Posted on 07/10/2018 4:22:15 PM PDT by 2ndDivisionVet
CNBC's Jim Cramer understands the controversy inherent in President Donald Trump's nomination of Brett Kavanaugh to the Supreme Court.
"If you’re pro-choice, there’s no way to accept Brett Kavanaugh with a smile on your face," the "Mad Money" host acknowledged. "But my job is to help you become a better investor, and purely in terms of the stock market, I think the pick is a subtle, but long-lasting, win."
From a business standpoint, Kavanaugh's nomination was all about deregulation and scaling back the power of government agencies, Cramer argued on Tuesday.
Having read Kavanaugh's decisions on things like net neutrality and the Affordable Care Act, Cramer classified the longtime lawmaker as "deeply suspicious of non-elected regulators who take sweeping actions" he sees as being beyond their purview.
And when it comes to the business community, Kavanaugh, a judge in the District of Columbia's Court of Appeals, can deliver what most U.S. executives want, the "Mad Money" host said.
"Corporate executives want two things: they want predictability and the ability to run their companies without undue interference from regulators," Cramer explained. "Kavanaugh is going to give these businesses exactly what they want. He’ll be viewed as a judge who keeps regulators on a short leash, strictly interpreting only what the Congress has asked them to do and nothing else."(continued)
(Excerpt) Read more at cnbc.com ...
I think Cramer is a left wing puppet and figures out ways to tell his audience things appear to be OK for now but will soon decline due to DJT
Look who he works for C-NBC home of Mad Cow and SissyBoy Hayes on MSNBC and Morning Joke with Mika the Slut
Whoops for got Crissy the semi reformed drunk and splitel spewing Mathews
If this is an accurate analysis, then Kavanaugh will be a blessing to the country.
“I think Cramer is a left wing puppet and figures out ways to tell his audience things appear to be OK for now but will soon decline due to DJT”
Seems like Kramer is saying exactly the opposite:
“I think the pick is a subtle, but long-lasting, win.”
I am referring to Cramers input on financials. Sorry dint emphasize
10-4, thx.
Don’t know about left wing. I think the man has no morals or ideology at all, except the quickest and easiest way to cheat people out of their money. CNBC should have gone tits up considering how it cheer leaded the whole tech bubble up to 2000.
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