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Armageddon-The Feds Are Nuts-CRAMER WENT BERSERK A YEAR AGO TOO BAD NOBODY LISTENED TO HIM

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 12:08 PM
Original message
Armageddon-The Feds Are Nuts-CRAMER WENT BERSERK A YEAR AGO TOO BAD NOBODY LISTENED TO HIM
Edited on Tue Sep-16-08 12:09 PM by kpete
 
Run time: 03:13
https://www.youtube.com/watch?v=I1eSlYtXiro
 
Posted on YouTube: August 06, 2007
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Posted on DU: September 16, 2008
By DU Member: kpete
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maxsolomon Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 12:11 PM
Response to Original message
1. cramer goes beserk every night
and sometimes he's very very wrong.

the boy who cried wolf.
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 12:14 PM
Response to Original message
2. He should be a wrestler.
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Jack Rabbit Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 12:14 PM
Response to Original message
3. Paging Howard Beale
. . . mad prophet of the airwaves.
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ingac70 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 12:15 PM
Response to Original message
4. He's usually wrong 90% of the time...
he's like the boy who cried wolf.

He cries and whines when people in his old line of work lose jobs, but Wall Street celebrates when everyone else gets fired.
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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 12:17 PM
Response to Original message
5. The end where he says he wishes he didn't know anything
so he could say "Go buy some Washington Mutual" but he is too darn old...

Yup.

BTW, his prediction that 7,000,000 mortgages will fail is likely to be accurate.

And my "back of the envelope" calculation shows that to be something north of a $1.75 Trillion problem.

$60B here and $70B there don't really begin to address the issue.
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pansypoo53219 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 12:55 PM
Response to Original message
6. problem is the didn't listen to
warren buffet. i have nothing to do with the wall street casino, but I LISTENED to him. but i also saw the great depression being repeated.
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