This video tells it all. I don't have to say another word.
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Showing posts with label Jim Cramer. Show all posts
Showing posts with label Jim Cramer. Show all posts
Monday, March 16, 2009
Friday, March 13, 2009
JAMIE DIMON GET OVER YOURSELF
Of all the “MOTHER LOVING” gall. Jamie Dimon, “Let them Eat Cake” CEO of JPMorgan Chase (one of the first to make his investment bank a bank holding company who could partake of bailout money) – and now the largest of the bank holding companies – is crying “crocodile tears”, saying we’re picking on “poor little” corporations.
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HEY MR. BAILOUT RECIPIENT, weren’t you guys involved in Enron lawsuits?
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Weren’t you also the protégé of Sandy Weill, former CEO of Citigroup; and wasn’t Citigroup also involved in the Enron scandal?
Weren’t you also the protégé of Sandy Weill, former CEO of Citigroup; and wasn’t Citigroup also involved in the Enron scandal?
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Is it a wonder why we don’t trust you or your buddies?
Is it a wonder why we don’t trust you or your buddies?
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The arrogance of these guys is mindboggling!
The arrogance of these guys is mindboggling!
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FRONTLINE: meltdown - financial crisis timeline | PBS
-JPMorgan Chase CEO Says Financial Crisis Will End When We All Stop Picking on Corporations | The Washington Independent by Mary Kane, March 11, 2009
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Dimon in the Rough | The Magazine | Vanity Fair April 2011, Graydon Carter
Thursday, March 12, 2009
RIGHT ON JON STEWART! SHAME ON YOU CNBC, JOE SCARBOROUGH, AND JIM CRAMER!
We love this. We email the President, email MSNBC's "Morning Joe" with Joe Scarborough (see previous post-"CAN YOU REALLY TRUST CABLE NEWS"), then everybody gets involved with CNBC and Jim Cramer and Joe Scarborough.
Hey, you need to understand this NBC ... the people are not going to stand for your sheinanigans anymore. Your night-time MSNBC slots and a few others like Andrea Mitchell are the only decent things you do. Get your crap together losers!
Hey, you need to understand this NBC ... the people are not going to stand for your sheinanigans anymore. Your night-time MSNBC slots and a few others like Andrea Mitchell are the only decent things you do. Get your crap together losers!
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Please turn off/pause music player to the right of this page before starting video.
http://www.huffingtonpost.com/2009/03/10/jon-stewart-slams-jim-cra_n_173738.html
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Friday, February 27, 2009
JIM CRAMER DRAWS A LINE IN THE SAND BETWEEN US AND WALL STREET
I like Jim Cramer, but his latest stunt is shameful. We now know where Jim Cramer stands ... well I guess we always knew where Cramer stood. He is after all, Mr. Wall Street.
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I did think he was going to stand up to CNBC and not politicize his show; guess I was very very wrong. Ok, I'll stop whining and get down to business. Jim Cramer has sold out to corporate. The minute his show became Cramer versus Obama, it was over.
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September 2008 wasn't on Obama's watch, it was on your watch Jim, and on Wall Street's watch. Fess up!
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Let's go back to the 90's when everything was rosy and wonderful ... uh uh. Tech stocks, Internet stocks, Real Estate stocks ... everything just about came up winners. Microsoft split 16,000 times (just joking people) and hit record highs. A whole bunch of people who were in the stock market made a boat load of money.
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What goes up, must come down. Making a boat load of money, I guess wasn't enough. A bunch of banks/mortgage companies/mortgage brokers/etc. decided to create all kinds of really bad mortgages. Sub prime (pay option, interest only, hybrid) loans, fee ridden loans, let the borrower purchase w both a 1st and 2nd mortgage, and when folks who had run out of money a long time ago, hit their credit card limits, the banks decided to create even more horrendous stuff and almost everyone was allowed to take out mortgages with 100% LTV (esp. Citibank/Citicorp Trust/Citifinancial).
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Greed was everywhere! Create whatever kind of financial instrument crap was everywhere! Wall Street was giddy and ponzi schemes flourished.
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Eventually the bubble burst, greed and corruption were exposed and the world reeled and plunged. Well Jim Cramer, you were a part of all this mess; but now it's politics and kiss your CNBC media conglomerate's "be..." Ya'll get my drift.
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Tuesday, February 24, 2009
JIM CRAMER'S IDEAS ABOUT THE MORTGAGE CRISIS -GOOD IDEAS OR NOT?
Ok, we all know that there should have been more money for infrastructure spending, but Republicans wanted their tax cuts. So they got some, but then they still voted against the President's Recovery Plan. The President needed more money than $800 Bill; however, he knew he wouldn't get Republican support. Remember that "Oh my God", from Republican House Minority Leader John Boehner when he heard that the President's Plan was going to cost $800 bill? Look, the Chinese allotted a mere $600 billion just for their infrastructure. What the President asked for was pennies in comparison. No big surprise though ... every House Republican and all but three Republican Senators voted "nay" on the President's Plan.
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The Republicans who ruled the legislature for 12 years had no problem with Bush's spending [for the last 8 years] even though it drove us into this crisis. Now they're just "acting out", because they're no longer in power. Sore losers!
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[Insert: Wednesday, February 25, 2009: I'm editing this post regarding the above statement becaue I wanted to find out if Republicans are reading this blog ... guess they have; cause they used my "spending" comment to blame Democrats for the crisis and justify their opposition to the President's Recovery Plan. Now I can tell you the real reason why we're in this crisis ... it's called Bush policies, lack of regulation, corporate and managerial greed and corruption ... lies and arrogance ... Got that Republicans!]
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Anyway, yesterday [2/23], Chris Matthews had Jim Cramer as a guest on his show. Listen to some of Jim Cramer's ideas ... doesn't sound too bad... umm.
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Please shut off/pause music player to the right of this page before starting video.
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Visit msnbc.com for Breaking News, World News, and News about the Economy
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More ideas from Robert Kuttner:
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