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Economist Nouriel Roubini lashes out at CNBC host
AP via My Way News ^
| April 8, 2009
| ROB GILLIES
Posted on 04/08/2009 1:11:29 PM PDT by rightwingintelligentsia
Just weeks after "The Daily Show" host Jon Stewart took Cramer to task for trying to turn finance reporting into a "game," famous bear economist Nouriel Roubini criticized Cramer on Tuesday for predicting bull markets.
"Cramer is a buffoon," said Roubini, a New York University economics professor often called Dr. Doom.
(Excerpt) Read more at apnews.myway.com ...
TOPICS: Business/Economy
KEYWORDS: cnbc; cramer; gloomdoom; nourielroubini
To: rightwingintelligentsia
Too many “economics professors” are buffoons, as well.
2
posted on
04/08/2009 1:13:00 PM PDT
by
ConservativeMind
(Cancel liberal newspaper, magazine & cable TV subscriptions (Free TV-dtv.gov). Stop funding the MSM.)
To: PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
*Ping!*
3
posted on
04/08/2009 1:15:34 PM PDT
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: rightwingintelligentsia
when the media says the stock market went up 55 points on this or that and went down because of this or that...
.. that IS a game.
The fact is the Federal Reserve and loose money policies created a credit bubble. They are now desperately trying to reinflate that bubble.
4
posted on
04/08/2009 1:15:45 PM PDT
by
GeronL
To: rightwingintelligentsia
Boo freakin’ Hoo Professor...
5
posted on
04/08/2009 1:15:47 PM PDT
by
Doctor Raoul
(Ayers Lied, People Died. No Justice, No Peace.)
To: ConservativeMind; rightwingintelligentsia
Too many “economics professors” are buffoons, as well.No, actually, he's right about Cramer. Cramer is an idiot and a Socialist to boot.
6
posted on
04/08/2009 1:17:20 PM PDT
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: rightwingintelligentsia
Cramer is indeed a buffoon.
7
posted on
04/08/2009 1:17:36 PM PDT
by
FreepShop1
(www.FreepShop.com)
To: rabscuttle385
I didn’t say Cramer wasn’t a buffoon, I only said that too many economics professors are, too.
I would assume you agree with me.
8
posted on
04/08/2009 1:19:04 PM PDT
by
ConservativeMind
(Cancel liberal newspaper, magazine & cable TV subscriptions (Free TV-dtv.gov). Stop funding the MSM.)
To: ConservativeMind
I only said that too many economics professors are, too.There are quite a few, yes. Bernanke is the most glaring example.
9
posted on
04/08/2009 1:22:03 PM PDT
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: rightwingintelligentsia
Economists are never wrong; their timing is just off.
To: rabscuttle385
Jim Cramer is a monkey but I don’t know who his organ grinder is
11
posted on
04/08/2009 2:34:37 PM PDT
by
dennisw
(0gabe our very own Kenyan subprime president)
To: ConservativeMind
Too many “economics professors” are buffoons, as well. Some, but most certainly not this guy.
To: rightwingintelligentsia
“Roubini said in 2006 that the worst recession in four decades was on its way. He has attracted attention for his gloomy - and accurate - predictions of the U.S. financial market meltdown.
“Roubini said the latest surge is just another bear market rally following the pattern of other rallies after the government intervened. He expects the market will test the previous low because of worse than expected macroeconomic news, disappointing earnings and because banks will fail after the stress tests come out.
“Once people get the reality check than it’s going to get ugly again,” Roubini said.”
13
posted on
04/08/2009 8:30:51 PM PDT
by
Pelham
(America, an extinct culture formerly occupying Mexifornia and New Aztlan.)
To: rightwingintelligentsia
Cramer has conceded he made some wrong calls, like most people watching the market.Heh. Still waiting for him to own up to scrubbing his week-old Strong Buy on Bear Stearns the day after it collapsed.
14
posted on
04/08/2009 9:45:49 PM PDT
by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: jiggyboy
scrubbing it from his thestreet.com website that is.
15
posted on
04/08/2009 9:46:35 PM PDT
by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: rightwingintelligentsia
He is all snake oil and basically came from a boiler room background. The fact Bloomberg sullied themselves by taking on Cramer tells you what a fraud of a network they are.
16
posted on
04/08/2009 11:46:36 PM PDT
by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
To: rightwingintelligentsia
I don’t do anything with my money until ‘Nobel Prize Weiner’ Paul Krugman tells me what to do.
ROFLMAO! NOT!
(Just do the opposite of what Krugman says and you’ll be fine.)
17
posted on
04/09/2009 5:41:13 AM PDT
by
Diana in Wisconsin
(Save The Earth. It's The Only Planet With Chocolate.)
To: rightwingintelligentsia
He is indeed a buffoon; I’m surprised CNBC isn’t embarrassed by his presence.
18
posted on
04/09/2009 9:59:00 AM PDT
by
glide625
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