Cramer on Rate Cut

[zillaje]

crack kills

[catobear1704]

This guy is something.

[AndrewMacedonia]

burnanke is a fucking idiot .

[magnusalvarez]

Nice work. keep it up. mean time come for social media marketing for esteembpo**com

[nthought]

Cramer said buy China Fund today. For once, I agree with him. First time ever.

Probably going to lose half my money. Investing in China, what could possibly go wrong?

[homeostatic]

Was he THAT wrong?

[Paetaor]

Cramer has missed so many things Tops/Bottoms/Bear.

"Don't worry that these stock are overpriced." Buy Google, Down $100 almost immediately.

His all time worst suggestion was to drop the rates and open the fed window.

Good ole Cramer the Clown.

[Zeldovich]

@Paetaor

Cramer was exactly right here.

[Paetaor]

@Zeldovich He was right that all those people would keep their houses? Nope. They've lost them and more will follow.

The rate cut just prolongs the agony and allowed the WallStreeters to get their bonuses. But he just is a schill for WallStreet so I expect no more from him.

[Zeldovich]

@Paetaor

Why? Because you think it does, stupid? Where's your evidence?

[Paetaor]

@Zeldovich It's been 2.5 years and things continue to get worse. House prices are still falling and foreclosures escalating.

The rate cut helped the big banks borrow for nothing and lend that same money to the treasury for a massive profit. This boosted the earnings and the bankers got record bonuses.

But you must know this, it's been in the news for months.

And Cramer explicitly tells people to buy stock even though he knows theye are over priced.

[Zeldovich]

@Paetaor

The Fed response was much too little, much too late. nGDP had already fallen precipitously in early '08 and continued its slide until meeting the cliff in Sept. '08.

The Fed's job is to maintain a 5% nGDP, with inflation filling the hole when real GDP falls. Obviously that's not what happened, which is why we're in our present situation. At this point we'd need an effective interest rate of less than -6% just to get us back to rGDP trend.

This recession was needless.

[kng863]

Subprime debacle. Wall Street have brilliant minds giving 600k to people who have no incomes and bad credit. No risk management! Bear Stearns collapses! Bonds = Debt = Slavery to a mortgage.

[jeanajaltouni]

hahahahah "NO IDEA!"

i bet he lost a stack of money on bear stearn

[elephantpoop101]

lolz thats cramer

[cary86]

the funniest thing ever. erin burnett's reaction was pricless.

[falkminuteman]

stock market crash

dollar callapse

depression

devalulation

war

end of days

everything is going to happen read your bible the third anti chris is mabus

ma(gog) bus(h) magog the devils person sent to destroy

search CHALMERS JOHNSON on the collapse of American Empire

[GilleteFusion]

Shut. The. Fuck. Up. Faggot.

[xmegarockx]

hahahha xD XD XD

[firesprinklers]

He seems passionate about it

[gutt1717]

yes he is rigt

[cevasco5]

Cramer is so fucking right

[bstsurf]

Why should the fed bail out any home buyer who didn't understand or was speculating or leveraged or lied on the app? Screw that! Markets cannot work if someone steps in to "fix" things. Let the cards (or leveraged homebuyers) fall where they may.

[PongGod]

Someone put that lunatic on decaf!

[petepittsburgh]

hahaha lmao!

[bignasty1188]

buy BAC, its a steal under 50

[PongGod]

4 months later:  $42

[Mamboro17]

whahahaha _O-

[airmaus]

UGH. Would someone please tell the cameraman to SIT STILL?

[xF1sTx]

benacky is a turd. where going down. he's a puppet of bush.

[eduroad]

I hope Bernanke is right, folks. Because if he is not he will be forced to cut rates losing credibility. Master Greenspan most praised wisdom was not to fight the maket too much and this has granted many years of growth, prudent inflation management and best of all, full employment. I think Cramer`s call was just to pay attention to facts other than data tables.

[jeffburdges]

lol

[xF1sTx]

i dare you to look at my video!!!

[feinstein1]

These guys give out a bunch of bad loans and now we're supposed to pay the price?

[boss79]

Oh man that disclaimer at the end is priceless. Cramer basically lets a little truth slip out about the current state of our American Economy and CNBC trivializes it by classifying it as an opinion. We are in trouble folks.

[Dvdre]

First, I could care less if this hedge-fund idiots lose their jobs. Second, some people may truly lose their homes, but those crappy teaser, no-doc ARMS they were bamboozled into buying have sealed their fate. The Fed cannot help them. We cannot help them. We cannot subsidize their loans! The bad-credit folks already have bad credit and can survive a foreclosure. The hedge-fund scum will lose their options, and good lord, will have to settle for a base pay of $999,999 and no bonus this year.

[hainesy]

Cocaine is a hell of a drug.....

[selectordubu]

lol

[overunderlord]

fade echo "HE HAS NO IDEA" LOL

[egosumabbas]

LMAO. Sorry Cramer, "Helicopter Ben" will only RAISE rates, because his primary job is to save the dollar (and the government) at all costs. Condo Flippers and Day Traders will get the shaft, as any other poor citizen who's taken on variable interest rate debt. If they lower rates... oh man, say hello to hyperinflation as the whole world dumps dollars. RonPaul2008.

[RICHUNCLEPENNYBAGS77]

@egosumabbas sweet prediction, turned out completely correct

[riceowlex]

VOTE RON PAUL FOR PRESIDENT.

[perry911]

We need Ron Paul.

[swissclerk]

Try a little decaf, Johnny Fairplay.

[littlebeartoe]

At first I thought Cramer was crazy, but then I saw his rolled-up sleeves, and realized that he's a hard-working, reasonable person.

[ZingsVideos]

Yes, but he's not smart. Notice he's not wearing glasses.

[tjn0110]

short short short!!!

[zachariahskylab]

I can never get past the part where they say that a dollar today is ALWAYS worth more than a dollar tomorrow. All I know is that I'm hungry today and will also be hungry tomorrow.

[jmasl7]

Nutter

[BigDaddy1968]

Amazing. You know who just got made?? - The Bitch!

Kramer ALREADY is a (deserved) legend. But that decent looking Bitch handled herself BRILLIANTLY.

And I should know. After all, I'm...

Big Daddy