Cramer's Opinion of The American Public- We Don't Know Jack!

[rmccay88]

It's actually quiet true if he is referring to himself. Considering he was telling everyone on his show to buy Bear Stearns just days before it crashed....

[pepsimannampepsi]

JP Morgan dumped the risky assets on to the American people.

It's called Maiden Lane LLC.

JP Morgan = crooks

[NaciremaDream1787]

They never loaned one damn thing! No Consideration!

[jprithvi]

hes right by god

[ejbh3160]

When WTC 7 'collapsed', it took with it hundreds of bits of evidence relating to financial 'iregularities'* that were discovered after the Enron fiasco*, which in itself showed the reality behind a fast melting iceberg known as Federal (fractional*) Reserve Banking system! Problem is if fiat* money is printed to bail out banks that have mismanaged* their business then that de-values* the money of honest people who save up!

PS All the words with a * above could read FRAUD, DEFRAUD or FRAUDULENT!

[Alcavexus]

the federal reserve has deployed this tactic before, inlcuding all the ones before and after the depression. Put the country in a recession, let banks fail, reap a butt load of money in the process. The federal reserve is a fruadulent business, Woodrow wilson himself who signed it into law regrets signing it. We turned over our wealth to them! The country was fine before they came about!

[xms32]

Cookoo for Coco Puffs!!!

[xms32]

He's right. If the public knew so dam much, they wouldn't have bought an adjustable rate mortgage to begin with. I don't know one financially conscious person that would EVER get involved with an ARM mortgage loan.

[Alcavexus]

they simply didn't take the time to read the red print!