Most of the stocks I bought that Cramer & others recommended were when we thought there would be an actual infrastructure bill to boost copper & steel stocks. Instead of the 300 billion only 30 billion (.07% of the total first bill) went to actual construction & the rest for earmarks like studying swine poop. Cramer should have gotten off his knees, brought that up & defended himself instead of cowering & getting bullied. Booohooohoooyaaa
somebody start an office pool . His days are numbered. Great sport, watching him flounder around. Let him join his pal Herb in disgrace until the Feds come. Do you doubt it is simply a matter of time? This is what this board misses. When you have the licenses, or in this place, "the public trust", you can't game the public. Sure, the public is dumbed up. So, does that give the Government, CNBC, Wall St., etc, the right to fleece it? I guess, for a while. Now the Govt is so scared of the public, it is trying to move in warp speed to stop the bleeding. My bet? Congress comes after Cramer. he will have to testify and explain himself. If he perjures himself, like the SEC guys did to the Senate Judiciary, he'll be indicted, unlike the SEC guys. There is no more wiggle room. The public wants blood. And they will get it. Too bad everything had to go to zero first.
Hard to imagine how GE/CNBC can keep an admitted stock manipulator on the air, but TV is a strange beast. (Congress / SEC? They are all corrupt, too. You might find an A.G. somewhere who will go after him; Cuomo's got his hands full. But he should at least put out a statement saying his office is looking into the matter.) Trust me, neither GE nor CNBC see themselves as public trusts; it's all about the money, the ratings. How long did it take for Martha Stewart to get back on the air? We live in a shameless time. I'm surprised Eliot "Rough Stuff" Spitzer hasn't made his comeback yet. Judge Eliot or something. Hey, if he needed the money he would be doing it.
True. But you miss my point. Dodd? Schumer? Shelby? The most corrupt legislators since Boss Tweed. But they are the ones out front preaching the Gospel of Integrity. There is nothing to instill fear in criminals more than inquiry by corrupt officials. They will say anything, do anything, approve anything, to save their own sorry asses. I give you, one Barney Frank.
Q Thank you, Robert. It's a serious question and it's an easier one. I don't know if you or the President saw the Jon Stewart piece last night with Cramer, but it was serious journalism. Does the White House believe that this is the obligation of journalists to call out lies, to warn the public that there are dangers ahead? MR. GIBBS: I don't -- the President and I talked earlier in the day yesterday about watching it. I forgot to email and remind him that it was on, so I don't know if he's seen it. I enjoyed it thoroughly -- (laughter) -- despite, even as Mr. Stewart said, that it may have been uncomfortable to conduct and uncomfortable to watch. I thought it was -- I thought somebody asked a lot of tough questions, and I am not surprised that the video of Mr. Cramer's appearance doesn't appear on CNBC's web site today.
I wonder if the S.E.C. will make any comment on Monday about market manipulation and L'Affair Cramer?
Cramer is douche, he's always annoyed me. But.....It's funny how Stuart all of a sudden got the "courage" to complain about Cramer AFTER Cramer admittedly started questioning the Messiah's choices on the economy. I'd bet if Cramer never mentioned anything about it, there would have been no interview. Now.....not that Cramer hasn't done this himself, but the agenda of the MSM is to rally around the Messiah, to discredit anyone disapproving of those policies. Just my opinion obviously...