When the parasite class, oops, investor class, is represented on TV by Suze Orman and Jim Cramer,

[ConsAreLiars]

well, maybe that's a bit instructive. Insane barking mad idiots with nothing like half a clue. Carnie hucksters screaming nonsense at the crowd trying to get them to drop a few bucks into the swindle machine. (Apologies to real carnies - they do have a real sense of honor and ethics.) Absolutely amoral climbers for whom "more money" is the only value they know, both in terms of operating their own rackets and in terms of how they see the world in general.

So, of course, one can find people like them running their scams in churches and on street corners and in every sort of business. Psychopathic to their core. Self promoters. Operators. Cons. But the Corporate Media promotes these two, and many others like them, as if they were experts rather than opportunist hucksters.

Why would they do that? Because their power depends on us buying their lies and playing their game.

(edit to to add the apology.)

[scheming daemons]

1. Oy Vey.... you're going to burn the house down because of those two idiots?

Look... do you think Bush WANTS a $700B bailout to be part of his legacy?

Do you think Barack Obama WANTS to go on the record supporting such a bailout?

Do you think John McCain WANTS to admit that his deregulatory record is partly responsible?

Do you think Barney Frank, Nancy Pelosi, and Harry Reid WANT to jeapordize their hold of congress over a SWINDLE???



Wise up. The people we TRUST are reluctantly for this.





Bush lied about the Iraq war.

He's not lying this time.

[depakid]

4. "you're going to burn the house down because of those two idiots?"

That seems to be a prevailing sentiment.

[ConsAreLiars]

6. Hoover, like you, and the corporatist Dems, thought giving money to the bankers

was a good idea. After all, they said so, and they were the "experts." Didn't work for anyone but the bankers who took the money and ran to Europe with it. Roosevelt was smart enough to see that further enriching the rich was not the solution but the problem. You may disagree, but point to one case where passing more money to the ruling class ever helped anyone but them.

[Hardrada]

7. And no one has ever liked a slave revolt except the slaves!

[scheming daemons]

8. Sweden, 1992. Japan, 2002.

Educate yourself.

[ConsAreLiars]

12. Educate yourself.

Sweden nationalized the parts of the banking industry that failed, took over the full assets rather than than just giving the owners money for garbage. Read Krugman. Not sure what your 2002 refers to, but in the 80's, I think, they did a Roosevelt thing and built from the bottom up.

[scheming daemons]

15. Today's bailout bill looked a LOT like the Sweden plan in '92.

[ConsAreLiars]

18. Uhh, NO!

There is a big and important difference between taking over a bank as a whole and just giving the bankers money in exchange for their bogus paper. Hey! If you can't tell the difference between a liability and an asset, and if you are realllly good at screaming and such and Cramer explodes, maybe you should send your resume to GE. They need clueless apologists to cover their swindles.

(edit typo)

[anigbrowl]

25. MBS's are not liabilities.

You say this bogus paper is a liability, eh? Answer me one question - who is the creditor?

Frankly, I would way rather have the MBS's than bank equity right now. And yes, there are provisions for holding equity in the bill...someone didn't read it.

[girl gone mad]

21. Wow.

You sure post a lot on a subject it appears you know almost nothing about.

Why?

[lonestarnot]

27. Those two screamer acketies give me agida. Do we have to talk about them this early in the a.m.

x(

[WorseBeforeBetter]

2. "Carnie hucksters" -- perfect description!

I don't know how people can stand watching those shows. Bad advice and screaming... pass.

[undergroundpanther]

3. spot on Cons are Liars.

Because it's true CONs are LIARS!!

[On the Road]

5. Cramer's Not a Huckster

I don't pay attention to his picks, because no one is consistenly good, especially someone with a mass audience. But he instructs his viewers how to think about the market and how it behaves. He is also a lot closer to the current credit crisis than most other commentators.

[ConsAreLiars]

11. Yup, you're his target audience.

His picks are utter BS, even worse than average - http://www.cxoadvisory.com/gurus/Cramer/ - but that isn't the problem. He is selling the ultimate delusion, the belief that capitalism is something other than a legal system designed and tweaked to transfer income and power to the most powerful. Play the game if you wish, but the rules are written to ensure that we lose and they win.

[Hannah Bell]

16. you're right. but don't expect most folks to admit it.

the present crisis is a perfect example: the king MUST win.

therefore, you MUST lose.

[On the Road]

26. Yes, I Know His Picks are Below Average

Virtually all mutual funds are below average. That's why I don't pay attention to them.

But there many people managing their savings or retirement funds running on emotion with absolutely no clue as to how to approach it. He is very good at showing the average person how to think about the market in a way that makes people want to watch him.

Of course, if you think the entire American economic system is a sham, the issue is a lot bigger than Cramer.

[babylonsister]

9. Suze and Jim? Why did you let those two annoy you? nt

[ConsAreLiars]

13. Annoying yes, screamers always are. But more than that, emblematic and symptomatic (nt)

(edit typo)

[undergroundpanther]

17. The CEO cult

It's all about go getters,gambling,screaming, overweening ambitions,can-do hubris ,alpha asshat meglomania,massive make believe and a whopping pile of denial.

Ceo's ..Fuck'em.

[ConsAreLiars]

22. Well said.

It's what you get when the "Type A" types give up any sense of humanity and do their utmost to win the "Type Asshole" awards from the monsters they sold their humanity to.

(Edit grammar)

[Speck Tater]

10. Around 600 B.C. Chinese philosopher Lao Tse said...

"He who knows that enough is enough, will always have enough."

Greed is poison to the soul, and it causes nothing but grief in the long run. More than anything else, I feel pity for those who are under the spell of greed. They will never know peace or contentment.

The easiest way to get rich quick is to learn to be satisfied with what you have. When you do that, you instantly have everything you want. What better definition of "rich" than to be able to say I have everything I want.

[depakid]

14. That's an excellent way of viewing certain things

It's my personal philosophy as well- could be, many Oregonians think alike.

That said- we're dealing with a systemic problem, one that not dealt with in a timely manner, won't simply cut off greed, but may also reduce peoples' ability to live an earnest life- thereby increasing greed and other equally nasty predilictions and emotions.

[TexasObserver]

19. Jim Cramer was screaming to buy Bear Stearns before it went down.

He's an idiot.

Almost all the business commentators are horribly conflicted, which they don't disclose properly. They're shills.

[AntiFascist]

20. It would be fun to watch Suze Orman if or when...

the FDIC fund dries up.

[Raine]

23. Aw Suze's not so bad

often she gives good advice about how people shouldn't keep buying stuff on credit cards. How they should make their own coffee instead of spending mucho bucks at Starbucks etc. and not waste their money on things they can't afford and don't need....good sound practical advice.

[ConsAreLiars]

24. "good sound practical advice" on how to adapt to being ripped off constantly

and surviving on less and less every year. Yeah, what a friend. We're getting fucked over, and never a word about the rapists. Get used to it. Adjust your standard of living downward every day. Never a word about those who drive us further into the mud. A true friend. But not ours. Get used to it. Next week, a special report on how to feed your kids dirt so they don't cry so much about being hungry. Oh yes, a friend, but not ours.

[murdoch]

28. They're not as bad as Kudlow...

I can take Cramer's screaming, because anyone observing him can perceive he is a buffoon. But I can't stand Kudlow's pontificating about capitalism and "fiscal conservatism" and all of that. Of course, as Bernie Sanders pointed out to him the other day, when the house of cards collapses, Kudlow becomes a shill looking for a $700 billion bailout for his buddies.

[ProfessorGAC]

30. Nobody's As Bad As Kudlow

Did you know that Kudlow LOST money in the market between 1994 and 1999? That's because after the Clinton tax cuts he predicted so much economic doom, that he went into bear market mode and began a shortselling strategy for 5 freakin' years. Didn't learn from his mistakes and took a beating. When every other full time investor was making 12% or more per year, this idiot lost money.
The Professor

[Dorian Gray]

29. I am not a huge fan of either of them

but Ormond is very different than Cramer. She actually asks her listeners to be careful with their money, for the most part.