Posted on 09/21/2010 6:08:07 AM PDT by Rufus2007
Someone's a little full of the power of his network apparently.
On Sept. 20, CNBC hosted a so-called "town hall" meeting on its network about President Barack Obama and how his administration is dealing with business issues. Obama took some criticism from participants and observers said the president was playing defense. However, CNBC's "Mad Money" host Jim Cramer had a different take on the made-for-television event. According to Cramer, Obama's appearance was a net-positive for the stock market.
"Do you know why this market went up and stayed up today, with the Dow voting 146 points, S&P rising one-and-a-half percent?" Cramer said on his Sept. 20 broadcast. "Because today during the fantastic CNBC-hosted town hall with El Presidente, we got the ultimate confirmation that we are seeing a new and improved more pro-business President Obama! And that's change the market can believe in."
...more (w/video)...
(Excerpt) Read more at newsbusters.org ...
Kramer is crackers.
Huh?! How is it that the media is allowed to outright lie on national TV? Are there no standards left in journalism?
Yes, and Kramer is krackers.
At what point during the show did that gal tell Zero she was exhausted defending him?
Was there any major uptick of the market at that point?
That would interesting to find out.
Are there no standards left in journalism?
I know that was a rhetorical question but...
Everyone is allowed to lie on network TV, except
Christian’s, conservatives, and Republicans. They
are held to a higher standard, based on what they
set for themselves. When you have no standard, the
sky is the limit.
This guy is so wacko that I confuse him with the Kramer on Seinfeld. CNBC has what — 12 viewers??
Despite all of the stuff businesses know are coming their way from CommieCare and more...
They rally on a town-hall infomercial?
Yes, and Kramer is krackers.
WORTH REPEATING BUMP!
It is clear why Kudlow sent this bozo packing.
I agree. And that's why the market went up. :-)
Why doesn’t he just put on the round red nose and orange wig and be done with it?
All this influence, while no one watches your program. Right.
What? Didn't you get rich off the Bear Stearns stock he told you to buy at $90?
This is what is troubling. If a reporter can say the market is up due reporting of a positive economy, the opposite can also hold true.
In that event, I would submit that the media is directly responsible for the present state of our economy and should be held accountable.
I would say with a review of every lie told by the media over the last 4 years in regards to the economy, the American people have a very good case to demand CNBC be taken off the air.
The DumBO voter who was afraid of having to go back to eating hot dogs and beans showed that he was losing his most ardent supporters and that the Doltshecratic party was going to be history in November, that had a positive effect on the market.
When will the Dow top 11,000 in anticipation of a change in Congress?
And, when will ZerO take credit for it?
And, when will it go to 10,000 from the Doltshecrats lame ducks agenda?
Jim Cramer, check into rehab.
Read Zerohedge...It’s very clear that the rally was timed quite well with a new round of quantitative easing.
Bernyankme and Tiny Tim pulled the money lever.
They are not just buying bonds, they are buying stocks too...And yesterday, they bought a bunch.
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