Reply #9: I respect Cramer

[Daveparts]

only because he tries to be at least a little honest. He is honest about being a blood sucking capitalist. But he has the quality of an outsider let in to the party, he sees the disparities and the corruption and lack of concern for the system. So many of these pundits try to spin away the current problems, "No, the ships not sinking its disappearing behind the horizon.Buy more stock!" Cramer also had a rant about the management of Ambac should be going to jail for hiding the losses.

But don't forget the new kids on the block! Faux gives you the business, news! I shuttled between Bloomberg, CNBC and Faux as Citi reported their record 4th quarter losses. The lead story on Bloomberg was Citi on CNBC Citi and on Faux biz Wal-Mart to open neighborhood markets. So when the Ambac story broke Friday again it was the lead story on Bloomberg and CNBC on Faux, Members Only has a new line of jackets!It reminds me of the home shopping network with a stock ticker. They had an investment broker as a guest and he was asked the leading question, Since stock are down this far doesn't that make for a great opportunity to buy more?

Apparently this man hadn't been vetted properly as he began to explain, "If you're ten years or less from retirement then they need to get out now or the next five years might be a disaster for their portfolio" He was quickly hustled off never to be heard from again on Faux Biz News.