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Atticus

(15,124 posts)
Fri Apr 1, 2022, 07:03 PM Apr 2022

CNBC host Jim Cramer

Sometimes just could not be lamer.
"Dreadful's" the word he chose to use
About an employee's right to choose
the hours they'd work, both day and night.
This Cramer guy's not wrapped too tight!
Next time he whines "Poor Amazon!"
CNBC should say "You're GONE!"

Unions BUILT this country and created the "middle class", you insufferable twit!

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badgolfer

(244 posts)
1. CNBC
Fri Apr 1, 2022, 07:21 PM
Apr 2022

Just about every day, CNBC promotes this guy as the know all stock picker. Just another big mouth on television.

They think everyone has forgotten Cramer's pick to buy Bear Stearns just before it shut down.

CNBC hosts love to talk about wage earners causing all of the inflation and being over paid. They never mention the 10's of millions that Senior Executives make every year or the 100's of millions some CEO's make each year. That has nothing to do with inflation and is right and good.

Midnight Writer

(21,771 posts)
5. The people who have a team of lawyers, accountants and agents negotiating their contracts
Fri Apr 1, 2022, 07:56 PM
Apr 2022

are pissed off that ordinary workers may get the power to have their own team of lawyers, accountants and agents negotiating their contracts.

Unions are the sole institution in the USA whose entire purpose is to better the lives of working people. The investing class can't stand that.

Bristlecone

(10,130 posts)
6. I think he is a clown
Fri Apr 1, 2022, 09:49 PM
Apr 2022

And his Yul Brenner “King and I” hands on his hips schtick confirms it for me.

Ahna KneeMoose

(302 posts)
7. I Must Not Be Wrapped Too Tight
Fri Apr 1, 2022, 09:55 PM
Apr 2022

Either; as I cannot stand the sight
Of those rolled-up sleeves every night
They make me cringe - and give me fright
Get out of my sight - you insufferable blight

Celerity

(43,446 posts)
11. Mad Money Jim Cramer: Don't Be Silly on Bear Stearns! 2008 Financial Crisis
Fri Apr 1, 2022, 10:28 PM
Apr 2022


https://app.hedgeye.com/insights/70141-remember-this-jim-cramer-bear-stearns-is-fine-do-not-take-your-mon

On March 11, 2008, Mad Money host Jim Cramer (who believe it or not is still on CNBC) told a viewer who wrote into his show, "Bear Stearns was fine!" right before the stock absolutely collapsed. The stock was trading at $62 per share. Just 5 days later, the firm was mercy folded into JPMorgan Chase (read: bailed out) at $2 per share.

This is an embarrassment. And it undoubtedly caused considerable pain for CNBC viewers who followed Cramer's advice. With financial "advice" like this, it's no wonder the network's ratings are hitting multi-decade lows.

Here's the transcript






former9thward

(32,030 posts)
12. I like his show.
Fri Apr 1, 2022, 10:30 PM
Apr 2022

He is not perfect but overall he is better than most doing similar shows. What I don't understand is why are posters watching him if they don't like him? Who is forcing people to do that?

former9thward

(32,030 posts)
15. Everyone has made mistakes.
Fri Apr 1, 2022, 11:09 PM
Apr 2022

Paul Krugman, of the NY Times, is quoted on these threads frequently and is generally admired. I enjoy reading him also. On election night, 2016, he said the stock market would go down by 50% the next day and never recover. I wonder how many people lost money on that prediction? In fact the market was up the next day and continued to go up in the immediate post election period.

It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.


https://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout

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