"Everybody got screwed except for a couple people who make more than 2.8 million a year"

[Coexist]

That was Jim Kramer on the Chris Matthews Show on Sunday.

I'm not a fan of Mr. Kramer, but the conversation was interesting (emphasis mine):

Mr. CRAMER: Yes, and I think it's going to work. I think people recognize
that the whole Bush plan turned out to be a facade, a charade, because most
Americans don't own stock. It's not an ownership society. We don't care how
our stocks do because they don't do well. So I think--I think Obama's making
a lot of sense.

MATTHEWS: So--but on the question of equity, is he right to say, Obama,
that--`what I'm going to do is basically hurt the very well off. I'm not
going to raise taxes on regular people, whether on the capital gains side or
on their regular income'?

Mr. CRAMER: Yes, because it's not class warfare anymore. We don't feel like
that if we get rich, we're going to pay. We feel like, you know what, the
rich have had such a great ride and what has it done for us. It's time for
other people to do well.

<snip>
Mr. CRAMER: Look, it didn't work. I mean, that's what Wall Street thinks.
It didn't work, Chris. Everybody got screwed except for a couple people who
make more than $2.8 million a year. That's the way America looks.

and Andrew Sullivan, later in the show, on raising taxes:

Mr. ANDREW SULLIVAN (The Atlantic Senior Editor): Well, I think there are
two responses. One is if Obama says, `Look I'm taking you back to the Clinton
era. That's all I'm doing. That's not taking you back to the Mondale era.
It's not taking you back to the Carter era. It's taking you to Clinton.' And,
remember, Clinton in many ways was an absolute affirmation of the Reagan
revolution. I mean, he never raised the taxes back to where they were before.

And secondly, I think--I think Obama...

MATTHEWS: And times were pretty good in the '90s.

Mr. SULLIVAN: Yeah, and Obama has to talk about the debt. I mean, we've
added, in the last eight years, according to the GAO, $32 trillion in unfunded
liabilities for the next generation. Most people know that. They know the
debt is a problem, and raising taxes a little on the wealthy is not a killer
in that context. We've got to pay for this sometime.

and I'll leave you with a few more Cramer quotes, regarding the Republican party and John McCain (my personal favorite first)

"No one trusts him."

"We have stagflation. It's the worst. It's the worst for rich,
it's the worst for poor, it's worst for the middle class. We need a new
broom."

and when asked if the stock market would go up on the first Wednesday in November if Obama was elected:

Mr. CRAMER: Yes.



That just made my Sunday morning.

[NYC_SKP]

1. He was just on Hardball...

Talking about oil, the lack of it, what little I heard sounded like the truth.

I'm going to have to try to catch the next airing of it.

It's refreshing to hear something other than the two opposing sets of talking points.

I like Cramer, I like Cafferty, too, for the same reasons; they're "wild cards" in the world that passes for cable "journalism".

[Coexist]

3. that was actually him saying that he just heard that Obama was in the pocket of biofuels

and McCain is right about drilling off the coast - not so great.

[NYC_SKP]

4. Oh damn...thats not good. nt

[Cha]

2. Thanks FLDem..

Wow.. something that makes sense on cable news.