Wall Street, Fall 2009 (by Jim Cramer) (MEGA BARF ALERT)

New York Magazine ^ | Oct. 5, 2008 | Jim Cramer

[ari-freedom]

can someone say capital gains tax increase? I know you can

[bobby.223]

I have not watched this idiot since I listened to him tell us all on one of his shows about 3-4 years ago how he contributed money to a few anti firearm organizations. yeah, I know there are a hell of a lot of other reasons to not care for this clown but thats my number one.

[Yo-Yo]

I didn’t know Cramer was one of those “any president will be an improvement over the current one” folks.

In case you didn't know, before Cramer got his "Mad Money" TV gig, he was one half of a Political/Economic program called "Kudlow and Cramer." It pitted a conservative against a liberal, and they would debate the politics of the day and how they affected the markets.

Cramer was the Lib. So, no, it's not surprising that he thinks less than glowingly about Bush.

[ari-freedom]

there won’t *be* a wall street if obama wins. the govt would own and control *everything*

[Deo volente]

He recommended buying Wachovia stock right before it dropped 90%.

Enough said.

[Darkwolf377]

He seems to understand the complexity of the problem

It's all that experience he has setting up folding chairs for community meetings, that's where he gets it from.

[Cedar]

I was just thinking Kudlow would not be for Obama and his taxes. Had forgotten Cramer had a show with him.

Wonder if Kudlow is openly supporting McCain/Palin? Have you heard?

It would help if he did publicly.

[period end of story]

Larry Summers must be licking his chops over the BO. I forget what it was called but didn't he propose a tax on international corporate monetary transfers during the Clinton years?

CHANGE Regulation is coming to America.

[GipperGal]

Wonder if Kudlow is openly supporting McCain/Palin? Have you heard?

Is he supporting them?! Hell, Kudlow was the original cheerleader of the draft Sarah Palin movement. He supports McCain and loves Sarah Palin. (Months before McCain tapped her as his VP, Kudlow did an interview with her regarding the energy market. He's been talking up Palin ever since).

[ncalburt]

This clown should be behind bars .
This scam artist and his sleazy relationship with Spitzer which was NOT Divulged to CNBC viewers is a scandal.This clowns shady involvement in the Bearns meltdown has yet to be fully investigated !
CNBC has a huge legal problem with this clown giving out advice at there network !

[Cedar]

I’m glad to hear it. Kudlow seems to have the most sense of all the CNBC people.

I don’t get to watch him often, but enjoy it when I do.

Maybe he has more of the pulse of Wall Street. Seems like all investors/traders would be for McCain since Obama wants to increase taxes including capital gains tax.

Now what sane Wall Street trader wants capital gains tax to increase?

[ncalburt]

Cramer is a Hard core Democratic party operative pretending to know Wall Street . He is puppet at CNBC for the DNC and his guests and his panels members are all
DNC insiders.
His relationship with the Spitzer and his witch hunts and shakedowns needs to be reviewed by the AG ( which won't happen In NY).
This is one EVIL and Corrupt person !

[Dawn531]

Oh yeah, I always believe Jim “Buy Bear Sterns” Cramer!!!! He’s never wrong. /sarc

[machogirl]

worthy of PROJECTILE VOMIT ALERT

[richardtavor]

Is this the same Kramer on Seinfeld? Sounds like.

[Tzimisce]

These people are getting million dollar golden parachutes thanks to the “bail out” and their liberal friends in Congress.

Have a nice day and vote Obama this Nov. :D

[FocusNexus]

It is quite amazing for someone claiming to be knowledgeable about Wall Street to tout Obama as good for the markets.

[bugseye]

Jim Cramer the ‘Coin-Flipper’

CXO Advisory Group LLC, which offers ‘objective research and reviews to aid investing decisions’ examined Crammer’s stock market recommendations via archived articles and concluded:

“Mr. Cramer’s stock market calls since May 2000 have low consistency and approximately coin-flip accuracy.”

From: Jim Cramer Deconstructed

*Jim Cramer’s predictions sometimes swing dramatically from optimistic to pessimistic, and back again, over short periods. It is difficult to infer his guiding valuation theory.
*Investor sentiment is sometimes an important contrarian indicator for him. When he sees most investors leaning one way, he advises to go the other way.
*He sometimes anchors on historical analogies (samples of one), such as: “it’s ‘91 all over again” or “I’m placing my bets for 2004 strictly using 1994’s tip sheet.”
*He is prone more to headline hyperbole than equivocation. For example, from 1/21/01: “This is the lowest-risk, highest-reward environment possible.” And from 3/24/03: “...the risks of owning stocks are as high as I have ever seen them, and the rewards the least certain.”
*Based on subsequent stock market performance and our judgments about his forecasts for overall stock market direction, Jim Cramer is right about 47% of the time with his stock market predictions, slightly below average. His forecast sample size is moderate, as is our confidence in this conclusion.

http://www.cxoadvisory.com/gurus/Cramer/

[omniscient]

Great idea Jim! The solution to the economic meltdown is a communist president. How did we not see all along that the problem is capitalism itself? Seriously, this guy has lost his mind.

[iopscusa]

I think Cramer has a big problem, he needs to medicate his Bi-polar mind. He has had ever increasing Manic episodes over the last couple of years. He is very likely to be removed from the public soon, probably after the election of McPalin!