Cramer on Obama's Anti-Wall Street Comments: 'We Heard Lenin'

[Are_grits_groceries]

With all the populist sentiment generated from the economic slowdown by politicians, CNBC “Mad Money” host Jim Cramer is seeing eerie similarities with the comments of President Barack Obama and the words of a communist revolutionary.

Cramer, appearing on MSNBC’s Feb. 2 “Morning Joe,” drew comparisons between remarks between the first head of the Soviet Union, Vladimir Lenin, and Obama. Obama criticized Wall Street’s moneymaking on Jan. 30, when he said there would be a time “for them to make profits, and there will be time for them to get bonuses. Now’s not that time. And that’s a message that I intend to send directly to them.”

Cramer said that was similar to Lenin’s writings. “Let me tell you something, we heard Lenin,” Cramer said. “There was a little snippet last week that was, ‘Now is not the time for profits.’ Look - in Lenin’s book, ‘What Is to Be Done?’ is simple text of what I always though was for the communists, it was remarkable to hear very similar language from ‘What Is to Be Done?’ which is we have no place for profits.”

According to Cramer, China, which is the United States’ largest debt holder – about $682 billion – is currently faring better with capitalism, even though that government has operated communism for the last half century.

“Thank heavens for the Chinese communists, deeply rooted in a profit government,” Cramer said. “Because we have decided that profits have no place in the system.”
http://www.breitbart.tv/?p=271513

Another country heard from...........

[Mike 03]

1. Cramer's been nuts for years.

He's almost famous for having public meltdowns and, also, I might add, for the worst stock recommendations you could possibly imagine. We used to actually PAY MONEY to get his stock picks and we eventually began to use them as contrary indicators. Whenever he would recommend a stock, we would short it. We made money.

[Common Sense Party]

4. Going contra-Cramer is the ONLY way his stock "picks" would ever

be useful. He is an asshat of stupendous proportions.

[JackRiddler]

12. Is there a Contra-Cramer index, I wonder?

I'm sure a lot of his picks were just conventional wisdom at that given time, but you take every pick that wasn't and I'd bet he would have lost you everything and the Contra-Cramer comes out positive.

[Mike 03]

15. LOL

I agree.

I think it's important that people like you get the word out. The guy is off his rocker, and his stock picks are putrid.

[Common Sense Party]

18. How this guy ever had any credibility after his March 2000 speech

(I think it was March) where he boldly proclaimed that dot coms were the ONLY stocks in which one should invest, and he generously listed the 15 "best" stocks that everyone should own. Two years later, had you invested in all 15, you would have lost about 93% of your initial investment.

It's beyond me why people still listen to him.

I could give a crap about his politics; he's just dangerous to people's portfolios.

[gratuitous]

2. Putting the "mad" in "mad money," I give you Jim sCReAMER!

Riddle me this, Mr. Cramer, but what is “capitalistic” about the federal Treasury being spent to bail out failing financial institutions? The President is saying that right now we need to re-trench and back-fill to close some of the gaping holes in our economic system so thoughtfully bequeathed to us by the Titans of Wall Street and the Financial Masters of the Universe. Right now, or as Obama said, “at this time” we’re less concerned with profits to be plundered by the greedy (in case you’ve been snoozing for the last eight years, that’s precisely what’s been happening) than we are in bailing out a sinking ship.

So here are your options, Mr. Cramer: Start bailing or jump overboard, chum.

[whistle]

3. Did Jim Crammer use his conniption style delivery of those comments?

[damntexdem]

5. Imagine there's no Wall Street --

oh, different Lennon! ;-)

[chollybocker]

6. "Now the workers have struck for fame, 'cause Lenin's on sale again"

[killbotfactory]

7. What fucking profits?

The government is bailing you out because you don't have profits right now. The lack of profits is the reason why they should get no bonuses.

[Arkana]

8. Jim Cramer's a crackpot.

Fucking idiot.

[lib2DaBone]

9. Ohh shit.. but it's OK as long as he can scoop up free cash from TARP?

Republicans decry deficit spending.. but BILLIONS flushed down the toilet for the Iraq War is just... OK....

Fucking Republicans... AHHHHHH

[Postman]

10. Can someone send Jim Cramer a Melomine Sandwich? What an asshole...

[CitizenPatriot]

11. Please, Mr. President, let Mr. Cramer know you hear him

and you agree.

Capitalism is the way to go.

Let the market decide and all of that. Let the companies profit! and fail! of their own accord. No more bail outs.

All stimulus money will go to the people to create jobs.

Brilliant, and thank you so much for your input, Mr. Cramer! I always thought you were intellectually challenged, but I've learned something today. From the mouths of babes and all of that.

[Berry Cool]

13. Yeah, I'm sure he heard Lenin.

And McCartney, too. :grr:

[Gin]

14. he's a screamer..... and is full of himself......I can't watch or listen to him

[Mike 03]

16. Cramer's Stock Picks

I guess I'm sorta kidding, but just a little.

This is how it goes:

He recommends a stock.

It goes up a bit the next day.

Then it goes down twenty percent over the next two weeks.

That is why I either short or totally ignore anything this nut has to say.

[KoKo]

17. Jim Cramer...while Delightful to watch...is an EVIL Carney Barker...like P.T. Barnum...

Many of you don't know who P.T. Barnum was. Google is your friend on this.. Do some RESEARCH.

Cramer is always one side or the other of his "Evil Twin." I think he must be on MEDS to deal with his disfunction. Although, I do watch him ...I learned what he was about when his "Stock Picks" were mostly wrong and enriched his other side ..the "Evil Twin."

Don't ever take what he says seriously if you are in the Stock Market...but he does have a "flair" with his "Good Twin" on what is coming down the pike for the rest of us. He covers his bases and is very skilled in his maddness with picking out ALERTS...but just remember...he has an EVIL TWIN!