Jim Cramer Goes Off On Everybody

You Tube
August 21, 2008

Cramer calls out what he regarded to be fraudulent destruction of Freddy and Fannie, shameful actions of the FED, SEC, Treasury, and Whitehouse; the damage being done to market capitalism; and directly implies that our economy is being illegally manipulated by insiders.

 

Comments

Re: Jim Cramer Goes Off On Everybody

Interesting. I think Cramer makes some reasonably valid points (even though I usually think he's nothing more than a showman), but I have to say I prefer the explanations given by Jim Rogers in the video posted by paulsjv a few weeks ago: http://www.freeople.com/blog/w...

I have to disagree with him when he says this administration is taking a "laissez faire" attitude. If anything, this administration is trying too hard to manipulate what's happening. That's pretty much the opposite of laissez faire. Cramer's comments seem to suggest he thinks the government should take an even more active role. Maybe instead the better approach is to allow Fannie Mae and Freddie Mac to go bankrupt as Jim Rogers suggests.

I agree the leak in the Treasury Department needs to be outed. Since when do we live in a society when leaking information, whether from the Treasury or a Grand Jury for that matter, is now considered acceptable? How have we devolved into this type of action?

Re: Jim Cramer Goes Off On Everybody

Cramer's Mad Money site is here to provide you with updates through-out the day of Jim Cramer's Stock Picks. We Provide Recaps from CNBC's Mad Money, Stop Trading, and the RealMoney Radio Show. In addition to Recaps at times we will bold our favorite Picks, and throw in our two-cents. Keep track of the stock picks here with a summary of every show updated regularly and promptly so you the investor can make the right decisions.

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Ricky

 

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