We need tariffs and drive the 3rd world cheap plastic shit so high that it is best to employee real americnas and drive our economy into the golden age. The trade policy now is set up so the rich can use 3rd world slave labor to drive wages here at home down via starvation. It is pure evil, and only evil kosher people benefit.
@MrAppleseed88 Move back to the gold standard and there would be a reason to invest back into this country. As long as the government can print cash there is absolutely no reason to invest in this country and the sharks know this. You can buy cheap crap and use penny labor. Paper (dollar) has no value when it is backed by nothing. Cash the dollar then get a world currency that's worthless and you have global domination with CEOs and government workers who make all the money.
@ub30f Or you can have tax rates at 90% and tariffs again like we had in the 1st 200 years of our nation when we were massive strong... tariffs make evil scum pay for using 3rd world child slave labor, and 90% tax forces companies to reinvest in the company to keep their earnings and profits high in the USA.
Cramer didn't expect to have an intelligent interviewer who would catch him off guard. "I did a lot of work" on unemployment?? Lies. The 18% rate is common knowledge to those who follow real statistics
America has become more capitalistic with the tendency for social Darwinism. The economic down turn is really like the uber rich running up to the poor and stabbing them. And now us the middle class(poor in relative terms) is still in the hospital with a deep wound. And the uber rich will play nice for a few years and then turn around and stab us again. People say socialism is bad then why is the employments rate 7% in germany. huh. The big boys are scaring you away from your common rights.
The real unemployment rate in Portland where I live in the call center and construction industries is at least 40-55% or more. There are no jobs hardly at all and all the call centers and tons of companies are laying off tons of people and moving the jobs overseas and out of the area to give companies the opportunity to pay them low wages. No one gives a damn and you are nothing but a number at the Worksource Employment Department and they do not help you at all. I hate what has happened here.
17% ? Cramer has to be kidding! We all know that there are tens of thousands of people who are crusing through this recession. Ask HR folks... lost last job and looking for a 30% increase in salary! OMG, face it, recession means lower pay, sniff, might have to give up movies! And don't get me started with tax payers now subsidizing COBRA at 67%! Do people look hungry... no they are eating just fine in the US... in fact they are fat. Go to Africa and help people in real need and stop complaining.
if GMAC credit/bank is doomed and relieve the ceo, then hire a former financial manager from the doomed CITI Bank arent we just doomed to repeat our mistakes over again...or....is our wallstreet greed machine truly just another good 'ol boys club?
also isnt it funny the day gold reaches another high the dollar finds another low?
cramer you fucking pussy i DARE you to say what you feel about unemployment on mad money, if you do not that only confirms one of two things: 1. your just a dog on a leash fucking coward or 2. the commie news brod net owns your pencil necked ass...pussy
She asked a good question at the beginning. Why not give the stimulus money to the people rather than the irresponsible banks? Jim did not have much of an answer for that!
Given the psychology of a recession, people would be likely to save the money or pay off credit cards. That's not going to help things very much. The idea behind supporting banks is that they would lend the money out to businesses for capital investment. And I'm not saying it worked 100%.
No jobs would have been lost if a stimulus of the size given to the financial class were given out to the people to spend on goods and resulting services, and jobs would have been created facilitating a further demand for oh lets say additional goods from world trade partners.
If 15%+ of people are unemployed, and 15% have yet to enter the job market, and 15% are incarcerated, and another 15% are retired, and we account for another 15% misc, not drawing any form of income: the homeless, Stay at home moms, existing welfare recipients and those no longer accounted for under the 'official' count that leaves only 25% of the population accounting for the well being and the economic stability of the entire nation. Please respond to this realism. Can I get a cut of your book
@HeisenbergSleptHere To lower the Unemployment rate The federal government should put in place a policy that says if a state government or city government or a US company agrees to pay its employees that are in the 25% or higher tax bracket ,80% of their salaries and expands their work force by 20%, the fed will pay the balance of the employees salaries. That way at income tax time the fed will get back the 20% it put out plus the 5% or higher because of the tax bracket of the workers =25% or >
@jalks1 Probably true. And scary. What are the other 90% going to do? for a living? Take care of the young, the old, the sick, each other. Pick up trash. What else?
The method counts more than people uemployed over six months and goes back to 1973. It may be inexact, but it was the same one that told us we had a joblessness rate under 5% before 2007, when the Democrats took over Congress.
Jim is a NUT, but he is right the real unemployment rate is at least 18% he are at depression levels, its a soft depression and it will last until major changed take place. Major cuts in regulation, and taxes on small business. Also the govt has got to stop printing money out of thin air and stop this crazy spending,
They changed the way we count unemployment back in the 90s, They do not count people unemployed over 6 months, The real unemployment rate is around 18% and more if you count underemployed.
10% means people who are ACTUALLY reporting that they ARE LOOKING for work. 20% (the so-called "real" unemployment rate) includes those who ARE NOT looking for work due to personal issues such as they've given up because they aren't successful in finding one in a long time, etc. So believe it or not, the 18% figure sounds about right because the 10% number doesn't take into account EVERYONE who is IN FACT LOOKING for a job.
please up load the rest
trexx32 3 months ago
Crarmer? I don't care give a s--t what this big fake thinks.
Pure fraud and deceit.
Pilgrim812 5 months ago
We need tariffs and drive the 3rd world cheap plastic shit so high that it is best to employee real americnas and drive our economy into the golden age. The trade policy now is set up so the rich can use 3rd world slave labor to drive wages here at home down via starvation. It is pure evil, and only evil kosher people benefit.
MrAppleseed88 7 months ago
@MrAppleseed88 Move back to the gold standard and there would be a reason to invest back into this country. As long as the government can print cash there is absolutely no reason to invest in this country and the sharks know this. You can buy cheap crap and use penny labor. Paper (dollar) has no value when it is backed by nothing. Cash the dollar then get a world currency that's worthless and you have global domination with CEOs and government workers who make all the money.
ub30f 6 months ago
@ub30f Or you can have tax rates at 90% and tariffs again like we had in the 1st 200 years of our nation when we were massive strong... tariffs make evil scum pay for using 3rd world child slave labor, and 90% tax forces companies to reinvest in the company to keep their earnings and profits high in the USA.
MrAppleseed88 6 months ago
Cramer didn't expect to have an intelligent interviewer who would catch him off guard. "I did a lot of work" on unemployment?? Lies. The 18% rate is common knowledge to those who follow real statistics
malumalumalu 10 months ago
America has become more capitalistic with the tendency for social Darwinism. The economic down turn is really like the uber rich running up to the poor and stabbing them. And now us the middle class(poor in relative terms) is still in the hospital with a deep wound. And the uber rich will play nice for a few years and then turn around and stab us again. People say socialism is bad then why is the employments rate 7% in germany. huh. The big boys are scaring you away from your common rights.
Guitarstring187 1 year ago
government doesn't give money, it takes it and re-distributes it
yay78900 1 year ago
The real unemployment rate in Portland where I live in the call center and construction industries is at least 40-55% or more. There are no jobs hardly at all and all the call centers and tons of companies are laying off tons of people and moving the jobs overseas and out of the area to give companies the opportunity to pay them low wages. No one gives a damn and you are nothing but a number at the Worksource Employment Department and they do not help you at all. I hate what has happened here.
PamelaRP 1 year ago
I realize this video is old, but didn't Stewart already expose this charlatan?
BlacksAreBeautiful 1 year ago
jim cramer
bought and sold
his soul is worthless...
chena3 1 year ago
The only way he'd be a bigger liar and sucker of satan's cock is if he were a Zionist.
NassimHarameinVedas 2 years ago
Jim Cramer = Satan's favorite cocksucker...
OperationCrossroad 2 years ago 3
BIGGEST LIE YET from Cramer: "the Stalemate is hurting us..."
Boo-Fucking-Hoo, Jimmy--the Only time Anyone wins, besides Bankers and Profiteers and other Scoundres, is when there Is Gridlock
infoblitzkrieg 2 years ago
Hang the Snake Oil Salesmen
infoblitzkrieg 2 years ago
Satan's Favorite Technique-Salt the Stench of the Lie, with a Few Grains of Aromatic Truth.
Real Unemployment: 18% Real Criminals: Jim Cramer and Ben Bernanke
infoblitzkrieg 2 years ago
17% ? Cramer has to be kidding! We all know that there are tens of thousands of people who are crusing through this recession. Ask HR folks... lost last job and looking for a 30% increase in salary! OMG, face it, recession means lower pay, sniff, might have to give up movies! And don't get me started with tax payers now subsidizing COBRA at 67%! Do people look hungry... no they are eating just fine in the US... in fact they are fat. Go to Africa and help people in real need and stop complaining.
litlgeeg 2 years ago
if GMAC credit/bank is doomed and relieve the ceo, then hire a former financial manager from the doomed CITI Bank arent we just doomed to repeat our mistakes over again...or....is our wallstreet greed machine truly just another good 'ol boys club?
also isnt it funny the day gold reaches another high the dollar finds another low?
tbackes 2 years ago
cramer you fucking pussy i DARE you to say what you feel about unemployment on mad money, if you do not that only confirms one of two things: 1. your just a dog on a leash fucking coward or 2. the commie news brod net owns your pencil necked ass...pussy
tbackes 2 years ago
She asked a good question at the beginning. Why not give the stimulus money to the people rather than the irresponsible banks? Jim did not have much of an answer for that!
66605 2 years ago
Given the psychology of a recession, people would be likely to save the money or pay off credit cards. That's not going to help things very much. The idea behind supporting banks is that they would lend the money out to businesses for capital investment. And I'm not saying it worked 100%.
ftbuddy 2 years ago
Q :28 - R :52
No jobs would have been lost if a stimulus of the size given to the financial class were given out to the people to spend on goods and resulting services, and jobs would have been created facilitating a further demand for oh lets say additional goods from world trade partners.
SOLIDSTEELEDOTCOM 2 years ago
If 15%+ of people are unemployed, and 15% have yet to enter the job market, and 15% are incarcerated, and another 15% are retired, and we account for another 15% misc, not drawing any form of income: the homeless, Stay at home moms, existing welfare recipients and those no longer accounted for under the 'official' count that leaves only 25% of the population accounting for the well being and the economic stability of the entire nation. Please respond to this realism. Can I get a cut of your book
SOLIDSTEELEDOTCOM 2 years ago
@SOLIDSTEELEDOTCOM test
HeisenbergSleptHere 2 years ago
@HeisenbergSleptHere
Unemployment should level off at around 90%
10% of the people can provide all the goods and services for all the people.
HeisenbergSleptHere 2 years ago 8
@HeisenbergSleptHere To lower the Unemployment rate The federal government should put in place a policy that says if a state government or city government or a US company agrees to pay its employees that are in the 25% or higher tax bracket ,80% of their salaries and expands their work force by 20%, the fed will pay the balance of the employees salaries. That way at income tax time the fed will get back the 20% it put out plus the 5% or higher because of the tax bracket of the workers =25% or >
david510152025303540 1 year ago
@david510152025303540 this would actually give you a negative unemployment rate.
david510152025303540 1 year ago
@HeisenbergSleptHere 10% of the people already do.
jalks1 8 months ago
@jalks1 Probably true. And scary. What are the other 90% going to do? for a living? Take care of the young, the old, the sick, each other. Pick up trash. What else?
HeisenbergSleptHere 8 months ago
@HeisenbergSleptHere we need 10 hour work weeks, 1 day a week 10 hours, and the rest is all play in the sun and have fun time.
Retire at 35 and enjoy life.
We should not be working to make rich people richer, we should just cover our needs and enjoy life and make babies.
Fuck the 3rd world.
MrAppleseed88 7 months ago
The method counts more than people uemployed over six months and goes back to 1973. It may be inexact, but it was the same one that told us we had a joblessness rate under 5% before 2007, when the Democrats took over Congress.
JohnLloydScharf 2 years ago 2
When is Cramer ever right? The world will never know.
drewd1987 2 years ago 2
Jim is a NUT, but he is right the real unemployment rate is at least 18% he are at depression levels, its a soft depression and it will last until major changed take place. Major cuts in regulation, and taxes on small business. Also the govt has got to stop printing money out of thin air and stop this crazy spending,
rickcappetto 2 years ago
Jim is a fucktard. If you want some advice search up Peter Schiff, Jim Rogers, Marc Faber, or Jim Sinclair.
DO NOT listen to Jim Cramer or any mainstream news financial advice bullshit.
labartic 2 years ago
i agree he is wrong so many times on stocks but right on the unemployment number!
rickcappetto 2 years ago
10% means 20%??? What?
chrisvancil 2 years ago
They changed the way we count unemployment back in the 90s, They do not count people unemployed over 6 months, The real unemployment rate is around 18% and more if you count underemployed.
rickcappetto 2 years ago
10% means people who are ACTUALLY reporting that they ARE LOOKING for work. 20% (the so-called "real" unemployment rate) includes those who ARE NOT looking for work due to personal issues such as they've given up because they aren't successful in finding one in a long time, etc. So believe it or not, the 18% figure sounds about right because the 10% number doesn't take into account EVERYONE who is IN FACT LOOKING for a job.
Zips4Life 2 years ago
jim likes gold, so its time to SELL
luvzpalin1 2 years ago
Ha ha She put it to ol Jim Cramer.
valhala56 2 years ago