Jim Cramer is a fucking nutcase

[Stinky The Clown]

"Drilling is the answer and McCain is right. Obama is in the pocket of/close to the ethanol lobby." (This afternoon on MSNBC)

Fuck him.

[fascisthunter]

1. Another Corporate Hack Helping to Open All National Parks

to private company pilfering.

[malaise]

2. I pressed mute n/t

[havocmom]

3. Even the wingers in my county know more drilling is NOT gonna help

Cramer makes money speculating. Of course he wants more pretend efforts at getting energy, he makes money from the system currently in place.

Fuck him and the agenda he rode in on.

[cbc5g]

4. Another multimillionaire for Republicans .. another RW hack on the MSM

[SteppingRazor]

7. Actually, he's donated more than a quarter million dollars to Democrats.

http://newsmeat.com/media_political_donations/Jim_Cramer.php

[Auggie]

8. So? Big oil donates to Democrats too.

[SteppingRazor]

11. And nothing to Republicans? n/t

[SteppingRazor]

5. I wouldn't go so far as to call Obama "in the pocket" of ethanol...

nor do I think more drilling will help anything other than the bottom line of oil companies.


I do, however, think that Obama's energy policy does rely too heavily on ethanol and so-called clean coal (of course, that shouldn't be surprising given that he's from corn- and coal-heavy Illinois). I think a more-substantive energy policy would focus on massive expansion of wind, solar and geothermal, returning farm land to the actual feeding of humans in an effort to drive down food commodity prices if nothing else, and preparing for the day when we're fresh out of fossil fuels.

[DefenseLawyer]

6. Hey Jim, is Bear Stearns still a "buy"?

What a tool.

[elehhhhna]

9. No, it's a hold. God y'all beat me to it...

he's on drugs. Ranting about how speculators only account for a few bucks...he's nuts. Any oilman in TX will tell you it's the specs. Rumor is "they're" -- the Bush Admin.-- letting their pals who got hosed in the mort meltdown recap a few buhzillion from unregulated spec on oil & food.

[mikeytherat]

13. "When a man is right 34% of the time, he's wrong 66% of the time."

Best said upthread - "What a tool."

mikey_the_rat

[elehhhhna]

29. He is a tool of the highest order:

both literally and figuratively.

[John1956PA]

12. Cramer recommended Countrywide as late as February 2007.

This excerpt is from the article at the following link: http://www.thestreet.com/_tscrss/funds/stoptrading/10337828.html

Jim Cramer would still be buying Countrywide (CFC - Cramer's Take - Stockpickr) even as the subprime lending business goes sour, he said Thursday on CNBC's "Stop Trading!" segment.

Cramer said the warnings late Wednesday from HSBC (HBC - Cramer's Take - Stockpickr) and New Century (NEW - Cramer's Take - Stockpickr) are "just the beginning" of the shakeout of lower-quality names in the low-end mortgage business.

"Some of these companies had bad models," Cramer said. "HSBC wanted in so bad, they lowered their standards" in buying lenders such as Household International.

By contrast, Cramer said, Countrywide and some of the other big lenders, such as Wells Fargo (WFC - Cramer's Take - Stockpickr), Bank of America (BAC - Cramer's Take - Stockpickr) and Citi (C - Cramer's Take - Stockpickr), "have models that show they aren't going to blow up," Cramer said.

Cramer said he would buy Countrywide before Wells because it's cheaper. He also said signs of stress in the subprime lending arena raise the prospects of a Fed rate cut sooner rather than later -- a move that would be hugely bullish for most stocks.

When Cramer recommended Countrywide, it was trading at about $46 per share. Less than a year later, the stock flamed out at about $4 per share. I don't know how nutcases like Cramer can live with themselves.

[DefenseLawyer]

14. I don't think the heavy stuff's gonna come down for quite a while...

I'd keep playing.

[mikeytherat]

16. "After all, the Good Lord wouldn't interrupt the best investment streak

in my life!"

mikey_the_rat

[DS1]

10. He needs a punch in the face

every time he yells

[doublethink]

18. Well I would definitely step up to the 'dunk tank' .... and throw the ball ...

for charity ... yeah I'd go farther in the back alley .. but what the hey ... his performance this afternoon was beyond comprehending. Really was.

[The_Casual_Observer]

15. However, if Obama doesn't get off his ass McCain will get ahead

of him on this most important issue.

[lonestarnot]

17. He is we todd it! He is sofa king we todd it!

[spanone]

19. moran

[aint_no_life_nowhere]

20. He said eliminating rampant speculation would only bring gas down by $3

I'm willing to open my mind and be convinced, but I'd like to see some data and some studies on this. Is Cramer pulling something out of his ass again? Or has he done the homework that one would expect a major tv commentator to do when making such sweeping pronouncements?

[pokerfan]

23. **only** bring gas down by $3?

That sounds unlikely

[aint_no_life_nowhere]

24. Sorry - you're right - I meant that he said the price of oil would come down by $3

[mdmc]

21. Once I saw that show and Eliot Spitzer called in

That nut Cramer was yelling that Spitzer will clean up NYS bond issues and they were both fawning over each other.

In the world of easy answers, why not just drill in ANWAR and let gas prices drop $.02 in fifty years? :shrug:

[SoCalDem]

22. And GE is pimping him like a $10 whore.. He's on EVERY show they have

..and we apparently now have Barnicle full time too..and then there's that nasty little racist, Buchanan & Joe Dead-Intern, and Smerconish..and CNN has Beck & Lou I-Hate-Mexicans..


The "dems" they have are deliberately "mild"..like Harold DLC Ford..he seems to be all over the place too..

Notice the severe shortage of real advocates..smart people who explain things instead of screaming..

The hard-ass, racist xenophobes are out in force... and look for MORE of them as the election draws near..

These networks CANNOT allow Obama to win..

[Johonny]

25. He wants to get drilled by McCain?

I think a little ethanol might help his dream come true

[Monk06]

26. He's just a show off media whore. HE doesn't even believe the crap that comes out of his mouth.

[DinahMoeHum]

27. Cramer: just another failed speculator gone into the stock-touting business

(Yawn!)

:evilfrown:

[stillcool]

28. He and Pat Buchanan...

should have a contest to see who can screech the loudest.

[Stinky The Clown]

30. They both do a version of the "hand chop" gesture when making a point.