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Cramer on Obama: 'It's Amateur Hour at Our Darkest Moment'
NewsBusters ^ | March 3, 2009 | Jeff Poor

Posted on 03/03/2009 7:23:40 AM PST by Rufus2007

It was news media conventional wisdom during the 2008 presidential campaign: the worse the economy, the better it was for Democrat candidate prospects. But now that they have the legislative and executive branches and the burden of actually governing, that advantage is slowly being chipped away.

CNBC "Mad Money" host Jim Cramer, who first starting connecting that perhaps a Democrat-controlled federal government might not be the best thing for the United States earlier this year, gave something of a downbeat rant on Feb. 2 about Obama's handling of the economy so far.

"Until the Obama administration starts listening, until they start paying attention to what you're watching - to the stock market, until they realize that their agenda is destroying the life savings of millions of Americans - then all I can give you is caution," Cramer said on his March 2 broadcast.

...more (w/video)...

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: 0bama; bailout; bho2009; bottomless; democrats; economy; jimcramer; obama; obamanomics; obamedia; wallstreet
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CNBC's resident clown is finally getting it...
1 posted on 03/03/2009 7:23:40 AM PST by Rufus2007
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To: Rufus2007

Cramer wanted Obama, how you like him now Jimmy boy?!

Who says it’s all bad news?


2 posted on 03/03/2009 7:26:01 AM PST by brownsfan (We are sooooo screwed.)
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To: Rufus2007

Amazing coming from the Flaming Lib Cramer. He was the Colmes to Kudlow’s Hannity back when that duo had a how on CNBC.


3 posted on 03/03/2009 7:26:12 AM PST by Yo-Yo
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To: Rufus2007

“I thought the prices, the screen, the action, the sense of a vortex down that cannot be stopped, of equities becoming worthless, of savings becoming tattered, of a stock market without bottom,” Cramer said. “But this time in slow motion, I felt the total lack of control that we all feel right now - the ‘it’s out of my hands,’ the ‘where’s the authority,’ the, ‘Hey, it’s amateur hour at our darkest moment.’ It’s the feeling of capitalism vanishing, businesses capsizing under their own weight - thanks to an administration that doesn’t seem to know or maybe doesn’t care.”


4 posted on 03/03/2009 7:29:10 AM PST by jessduntno ("Barack Obama is not who we thought he was." - David Brooks, Boy Genius)
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To: Rufus2007

But that ethnic pull of voting Dem pulled him in, he deserves his fate, it is his fault for siding with Emanuel and “Obama is good for the Jews” shtick.


5 posted on 03/03/2009 7:29:22 AM PST by junta (Not even respectable mainstream conservatives can save liberalism.)
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To: Rufus2007
Whatever happened to gravitas?
6 posted on 03/03/2009 7:29:23 AM PST by Maceman
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To: Rufus2007

Isn’t he a dim? I’ve already read half a dozen columns just this morning, about how dims are not happy.

All this Obummer buyers remorse is making me ill.

Heck of a time to wake up.......


7 posted on 03/03/2009 7:29:35 AM PST by alice_in_bubbaland (Markets and Marxists Don't Mix! Let the Revolution Commence!!!)
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To: Rufus2007
The market is speaking very clearly. (see my tag line)
8 posted on 03/03/2009 7:29:53 AM PST by oldbrowser (We have elected the "Sorcerer's Apprentice" to be POTUS.)
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To: Rufus2007
Oct. 2008 - Jim Cramer: And while any president will be an improvement over the current one, there is a growing belief on Wall Street that Barack Obama has the capacity to lead us out of this wilderness while John McCain does not. I’ll go a step further: Obama is a recession. McCain is a depression.

More Here

9 posted on 03/03/2009 7:31:06 AM PST by kcvl
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To: Rufus2007

Hey Everybody, quit bitching. We have a miraculous Obama rally going on right now. THE DOW IS UP 27 WOW!!!!!!!!!!!!!!
I can’t wait for the “One” to order another rally tomorrow.


10 posted on 03/03/2009 7:31:09 AM PST by mortal19440
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To: Rufus2007
Wow, even liberals don't like being poor. Who'd have thought. Did Cramer forget that being poor makes you virtuous by default? That's why Obama is making us all into better people. Love of money is the root of all evil. No money-nothing to love-presto, we're all good.
11 posted on 03/03/2009 7:31:50 AM PST by throwback
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To: Rufus2007
Thanks to Dodd, Frankeeeee, Pelosi, Ried, and the King Obama machine three of my old ready to retire cannot. SS will not be enough to make house paments on one and the other two have other problems. Life is a bitch. Sorry if I remind you of the a@@holes that were mostly responsible for this misery.
12 posted on 03/03/2009 7:32:43 AM PST by Logical me (Oh, well!!!)
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To: alice_in_bubbaland

We want them to wake up and come over to the good side. We want them to see what they have done. We cannot win unless more of them see the error of their ways.
We need more and more people to understand how myopic they were.
Of course, it is too late in many respects, but we really do need people to see how wrong they were.


13 posted on 03/03/2009 7:34:20 AM PST by madinmadtown (BO stinks..)
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To: jessduntno

“It’s the feeling of capitalism vanishing, businesses capsizing under their own weight - thanks to an administration that doesn’t seem to know or maybe doesn’t care.”

BINGO! Maybe Cramer is getting it? I’m convinced that the socialists in charge want to break the capitalists, and keep the people poor and scared.

It is the best way to have a maliable public.


14 posted on 03/03/2009 7:35:19 AM PST by brownsfan (We are sooooo screwed.)
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To: Rufus2007

No, he’s not. He wasn’t listening when Obama said the US economy needed to be reduced significantly. It appears that NO ONE was listening. Everybody was hearing what they wanted to hear, not what he was saying. It is the Biblical standard of having ears to hear, but not hearing...etc.


15 posted on 03/03/2009 7:36:54 AM PST by Shery (in APO Land)
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To: Rufus2007

Wow, did someone slip him some truth serum.


16 posted on 03/03/2009 7:37:29 AM PST by Dustbunny (Remember - Amer-ican still ends in - ican.)
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To: oldbrowser

As much as I despise FUBO and Lord I do ... it’s the houses of Congress who are mostly responsible for this mess which started during the Klintoon years with Freddie and Fannie (Barney Frank and Chris Dodd). As of late it’s the Pelosi and Reid junta that’s perpetuating the crisis


17 posted on 03/03/2009 7:37:54 AM PST by clamper1797 (FUBO ... The Kenyan Lincoln)
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To: Rufus2007

Will Obama’s Press puppy attack him today?


18 posted on 03/03/2009 7:38:34 AM PST by listenhillary (Rahm Emmanuel slip - A crisis is a terrible thing to waste.)
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To: madinmadtown
We want them to wake up and come over to the good side.

I want them nowhere near me. I want them in jail.

19 posted on 03/03/2009 7:41:20 AM PST by Crawdad (Barack Obama- Economic Arsonist)
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To: Rufus2007

This guy voted for the disaster.


20 posted on 03/03/2009 7:43:12 AM PST by cake_crumb (If kids drain the economy, there does all the money I spend on them GO?)
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