Jim Cramer "outrageous moment I am aghast"
Posted September 24th, 2008 by djdevon3
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Even Jim Cramer who's made his money playing the stock market is completely aghast as the lack of SEC oversight, manipulation, insider trading, and corruption. This guy knows Wall Street and he's saying things are completely out of control. Very good to watch.
My favorite quote of the video. "Justice Department COME ON!'
Seriously, something is extremely rotten on Wall Street when Cramer waves his hands in the air asking for justice.
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i refuse to even click on your link, sorry...
to watch this boob on youtube...he is not part of the solution he is part of the problem...when he starts blaming the fed, i'll watch
O Captain, My Captain, rise up and hear the bells!
He's asking the wrong question
They're asking "Why didn't the government do more to stop this?"
What they should be asking is "Why does the government lead us to believe that they have control over this?"
They are incapable of regulation of the free market, regulation brings failure, which brings more regulation.
I'm so glad they solved the problem of Enron with Sarbanes Oxley...now companies don't fail anymore...
Cramer is misleading the viewers
You'll notice that he blames the problems on a lack of regulation i.e. direct opposition to free markets. As Ron Paul frequently points out, the problem is the Federal Reserve. They are at the heart of this mess and trying to blame it on you and me (people who use the free markets) is just making us the scapegoat for the true culprits. Like most people we see on TV, he is a Keynsian economist, and Keynes is a complete charlatan.
Cramer and the MSM
EVERYTHING on TV or any other mainstream media is "For Entertainment Purposes Only". Anyone who takes them at their word is making a mistake.
Cramer is looking out for Cramer and
his Wall Street cronies. He's for the bailout...what a surprise.
Cramer is devoid of credibility
He's cheerleading for the bailout of Wall Street by the US taxpayer. If this is such a screamin' good deal, why don't all these wealthy people put up the money for the bailout? Since when have they ever let the little guy (US taxpayer) in on anything so lucrative? I just relayed all of this and more to him in an email after reading a disgusting article on CNBC.com. Check it out and see what you think, and feel free to use the link at the end of the article to let Mr. Booyah know what you think.
http://www.cnbc.com/id/26...
When a corrupt
When a corrupt system with counterfeited money and supply manipulation is in place how could any agency oversee all of the illegal activity. It's like trying to stop a black market from popping up. We need to set the right foundations and the market would almost police itself through competition.
"It is the responsibility of the patriot to protect his country from its government."
— Thomas Paine
Cramer is a fool
Cramer is a foll that fools others.
He's known for decades how corrupt Wall Street is, he's just pandering to his audience.
He's a Goldman/Paulson Frat Boy.
They are all financial predators (alpha class).
Jim Cramers a hack. Google
Jim Cramers a hack. Google Deep Capture. He's involved.
Also, I read that 85% of the stock market is owned by the wealthiest 5% of the population. False outrage?
"You are a den of Vipers.I intend to rout you out and by the Eternal God I will rout you out.
That's some fuzzy math
Baseball is 90% skill, 25% luck.....
if you read it on the
if you read it on the internet, then it must be true.
;-)
BOOYAHHHH !
Cramer IS a hack. Don Harrold’s videos have done a great job of displaying that fact. Cramer IS involved. That is a modest statement of truth. Patrick Byrne on DeepCapture attempts a patient portrayal of Cramer as a Complicated Man. And he is definitely that.
http://www.deepcapture.co...
I posted some musings about Cramer and his best buddy, Elliot Spitzer, nearly 2 months ago in the hope to spur others to offer insight into the enigma of ( not who is Cramer – that’s somewhat conspicuous ) but, just what Cramer is up to as a tell as to what’s going down.
http://www.dailypaul.com/...
( I have tried to link to some specific comments – half the time this works, half the time it just goes to the top of the thread… so, you may have to hunt and gather)
I was recently interested in trying to figure out just what Cramer’s role is in the Spitzer saga. DaddyWarBucks passed around some Brasstv suggestions as to reasons the so called ‘Sheriff of Wall Street’ was taken down. That was an easy conclusion at the time that it was a set up for what was coming. And I agree that the Bush Administration has been involved in a deliberate ‘stand down’ plan of using federal preemption to clear all cops from the beat (and undermine private remedies). There are unlifted fingerprints to be analyzed from that crime scene that bear clues to the underlying plot and the syndicate at the heart of it. Thanks to these sleuthers; but we need to continue to scrutinize the clues because the trail is still hot, guns still smoke, and the serial larceny is unabated while the perps are at large.
So here’s a question: Where’s Cramer and his bully pulpit if this was his friend’s righteous crusade? Always ask: What’s Cramer selling? It’s not hard to discern that he is not sincere. Where does he fit in what’s unfolding? Where does Spitzer fit? Much has been discovered as to where they fit in the recent past. I doubt that these antagonists are intended to just recede into the backdrop during the falling action of this drama.
Look, I have some ideas, but I don’t know what’s up with these recent flurries of feigned outrage by Cramer. I agree that it helps wake up sleepers (like his curiously timed rebirth as a Naked Short Selling Truther). So I agree with djdevon3 on celebrating the limelight for the cause. But let’s not be duped to believe Cramer could ever be heroic.
Sure
Yeah I think so too but anyone that cries for justice or truth during critical moments like this show which side they are on. I don't trust him as far as I can throw him but him calling for justice got my attention. He's got his own show and millions of people listen to what he says very carefully. Like it or not he has a lot of persuasive power.