Cramer on the debate: ‘Your wealth was really under fire’ as Sanders sounded like a communist

CNBC ^ | February 20, 2020 | Kevin Stankiewicz

[karpov]

CNBC’s Jim Cramer said Thursday that he found the Democratic debate in Las Vegas difficult to watch as Sen. Bernie Sanders assailed billionaire Mike Bloomberg and the wealthy.

“It was painful because your wealth was really under fire last night,” Cramer said on “Squawk Box.” “How did this get to be, that if you’re wealthy and you’re a Democrat, it’s just bad news? And I think that’s a shame.”

Sanders has emerged as the front-runner for the Democratic nomination after strong performances earlier this month in the Iowa caucuses and New Hampshire primary.

Ahead of Wednesday’s debate, the Vermont independent nheld a 10-point lead in an an average of national polls. He also holds a 14-point lead in an average of state polls for Nevada, which holds its caucuses Saturday.

Cramer said that he thought Sanders sounded like a communist during the Vegas debate.

Sanders, a self-described democratic socialist, advocates more federal government control of the economy while keeping a political democracy intact.

He proposes a broad range of social programs including “Medicare for All,” free tuition at public colleges, a federal jobs guarantee, alongside a wealth tax on the richest Americans and higher corporate taxes.

“Is he really a socialist? Or is he a communist? What is socialist about what he wants?” the “Mad Money” host said. “Isn’t he more of a communist?”

Socialist models rely on government planning to drive the economy. Under communism, the state controls the economy and government, aiming to eliminate social classes.

Asked for comment on Cramer’s remarks, Mike Casca, a spokesman for Sanders’ campaign, said in an email, “How can anyone look at the massive level of wealth and income inequality in our country and say to themselves, ‘Yeah, this is fine?’”

[originalbuckeye]

‘How did this get to be, that if you’re wealthy and you’re a Democrat, it’s just bad news. And I think that’s a shame’ Jim Cramer

But if you’re wealthy and a REPUBLICAN, that IS really bad and you as a Republican should own the shame, right Jim??

[Shane]

“SOUNDED LIKE???:

Yea, I know it should be changed to is a Communist. However what concerns me even more are the fools with no world history retrospective who support him!

[Phlap]

Now, what are the chances that a communist would sound like a communist? Just askin.

[2harddrive]

Dangerously Intolerant Liberals Destroying Our Society = DILDOS

[2harddrive]

Dangerously Intolerant Liberals Destroying Our Society = DILDOS

[gasport]

Is Sanders a simple Stalinist or a closet Trotskyite?

[NonValueAdded]

I’ll take “because he is” for $1,000, Alex.

[Mastador1]

Burny is worth over 2.5 million......there are a whole lot of people that would consider that wealthy. But of course the socialist/communist model always works in three tiers, the haves like Burny at the top and the middle.... us busting our heinie's off to provide the the top and the bottom lazy do nuthins and were suppose to be happy with what the Burnies allow us to keep from our toils.

[Excuse_My_Bellicosity]

I don’t know exactly what brand of red garbage he is but he thinks really well of what Venezeula and Cuba have become.

[The Sons of Liberty]

Cramer on the debate: ‘Your wealth was really under fire’ as Sanders sounded like a communist

Comrade Bernie sounded like a commie, imagine that!