Cramer: Bernanke, Wake Up

Mad Money host Jim Cramer makes a passionate plea to Federal Reserve Chairman Ben Bernanke to consider cutting interest rates and, in turn, help the market and the people who are losing their jobs on Wall Street.
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• Category

  News & Politics

[notusmc67427]

He was right.

[suad01]

Why hasnt this been songified?

[tiki2188]

Cramer is part of our bubble economy...our fake economy where a few people on Wall St and the Fed push our economy based on their smoke and mirrors and phony numbers. Cramer is whining how Bernanke doesnt get his pain, what about our damn pain??? While Cramer made a killing during the 2000s as stocks flew our real standard of living slowly got eaten away by the inflation fueling his bubbles.

Fuck this guy. Good investor sure but if he ran our economy we'd all be dead

[tiki2188]

Bullshit he was right....low interest rates were the problem! Super low rates for a sustained period is what fueled the housing bubble (and debt bubble in general) during the 2000s!!

And of course he wants interest rates lowered, he was a hedge fund manager! He made his living off the bubbles, all the free money pumped into banks and wall street since the late 80s. Jim talks about how they dont know, well does he know what its like for us on main street? We get no help ever...

[fall0rn]

cramer was right screaming at this fucking bitch !!!!!!!

[tvaddict69]

money junkie 

[Galactica Via]

Cramer is a non-stop working machine, you can't really expect him to be reliable on so many aspects in this business, especially when there are so many "mechanics" involved.

[Adam West]

I love how she's trying to get it back on track half the time.

[David Van Buren]

He Was Right Out to About 6 or 8 Decimal Places ! ! !

[Blriliant Brain]

Slight correction--WAMU first of big 'standard' banks to fail if I remember correctly, not quite in the same category as investment banks such as Bear and Leyman.

[Blriliant Brain]

Well said, I couldn't agree more. He makes a dozen calls per day no way anyone could be right on all of them. More to the point is his general insite and market discipline. His Bear Sterns misguidance is epic but also understandable, not entirely forgivable--except for warnings like this one that should have given anyone in the market pause at the time.

[Blriliant Brain]

I know an old retired banker from the S and L heydays, a man of modest means, he had $145k invested in WAMU at the time this came out. Unfortunately he was too 'conservative' to take Cramer seriously--Cramer too much of a clown for him I guess--could have saved him most of his money had he taken JC's advice at the time this was on TV. Instead he rode Washington Mutual all the way down to ZERO. JC was quite on target as WAMU was first biggy to crash but also he was warning on the entire sector