Comments on: Jim Cramer: 5 To 10 Days Until Cash Dries Up

By: PICnet Blog » Blog Archive » All your banks are belong to us: a brief forecast for nptech growth

Fri, 26 Sep 2008 17:37:52 +0000

[...] Regardless, it doesn’t take a degree in economics to know that the US economy is not in great health right [...]

By: Marx Gets the Last Laugh: Is Capitalism Failing? «

Marx Gets the Last Laugh: Is Capitalism Failing? « — Thu, 25 Sep 2008 13:44:55 +0000

[...] the recent failure of major investment banks, and the warnings from some modern economists that FDIC-protected banks and other companies/institutions are going to fail next, it appears that Marx might have the last [...]

By: whynot

whynot — Wed, 24 Sep 2008 21:27:44 +0000

You watched as Americans were raped by Wall Street for bogus mortgages, gas runups.

Why don’t you do the American thing and give yuur salary.

You all should be put in jail

By: rob

rob — Wed, 24 Sep 2008 20:17:07 +0000

But, he wears cool hats and does jumping jacks on screen, what do you mean he’s not credible?

By: Bob Aman

Bob Aman — Wed, 24 Sep 2008 15:11:27 +0000

Yeah, I’ll second (or third) all the commenters going, “Jim Cramer? Why would you ever listen to him?

By: Doug Mataconis

Doug Mataconis — Wed, 24 Sep 2008 12:38:35 +0000

Not to say that there isn’t the possibility of a real disaster in the making here, but Jim Cramer is not the man to listen to.

By: Doug Mataconis

Doug Mataconis — Wed, 24 Sep 2008 12:37:51 +0000

March 11, 2008 — Jim Cramer tells his views that they shouldn’t be worried about Bear Stearns and the value of their stock in that company:

http://tinyurl.com/3lrhjz

March 17, 2008 — JP Morgan Chase buys Bear Sterns at a fire-sale price after the company nearly collapses:

http://tinyurl.com/532ofo

Any questions ?

By: rachel

rachel — Wed, 24 Sep 2008 10:41:14 +0000

I’d rather get my financial advice from a monkey flinging poo at the NASDAQ, listings than Jim Cramer; he’s the example people point to when they say, “A little knowledge is a dangerous thing.”

By: duncanriley.com » 5 To 10 Days Until Cash Dries Up

duncanriley.com » 5 To 10 Days Until Cash Dries Up — Wed, 24 Sep 2008 07:13:26 +0000

[...] Cramer on MSNBC calls end of the world if the $700 billion bailout isn’t approved. (via Donklephant). Still, bailing out the industry doesn’t fix the problem, it prolongs it. No one wants a [...]

By: T. Harmon

T. Harmon — Wed, 24 Sep 2008 04:40:38 +0000

Cramer may be right about the outcome and consequences of this crisis. That is the risk we take when we have power concentrated in a Central Bank and fiat money only backed by faith, but I completely disagree with Cramer’s support of this solution.

I think the U.S. will go through tremendous financial turmoil without the bailout. However, the bailout would cause a serious loss of Constitutional freedom which we enjoy as Americans. The Administration may very well believe the motivation of the bailout is to save the system and benefit the US taxpayer. But ultimately, this is a giant powergrab and is socialistic intervention only meant to preserve the rich and the powerful. The cost is much dearer than $700 billion. The cost is our freedoms.

By: gerryf

gerryf — Wed, 24 Sep 2008 03:12:29 +0000

No, they are not taking too long. The only kind of decisions made in a hurry are bad ones.

There is nothing about the current situation that makes me feel comfortable, but it is obscene to ask a person like Paulson who as part of Goldman Sachs is as much a part of this mess as anyone, to tell us how to get out of this mess.

This is insane.

Cramer only cares about making more money–his thinking is short term. The idea of losing money is pure panic for him.

We need to be careful with this crisis, not rush into it blindly like everything else this administration has pushed….and we know how well that has worked for us.