It ain’t easy being Jim Cramer these days. This life long Democrat made the mistake of speaking ill of Dear Leader, and besides being attacked from the White House, now he’s getting it from ideologues like Frank Rich and Jon Stewart.
Worst, he made the criticism on Obama Public Enemy #1…CNBC! Since, you know, we can’t have people who know what they’re talking aboot more often than not.
On the other hand, he has made a comrade-in-arms out of Rush Limbaugh, so when God closes a door…
Cramer’s editorials of the matter are becoming must reads. In his new one he lays out the past ten years of the economic problems INCLUDING his criticisms of the Bush Administration.
However, since this is a un-objective blog that panders to the base…
President Obama’s team, unlike Bush’s team, demonstrates a thinness of skin that shocks me. When I somewhat obviously and empirically judged that the populist Obama administration is exacerbating the crisis with its budget and policies, as evidenced by the incredible decline in the averages since his inauguration, I was met immediately with condescension and ridicule rather than constructive debate or even just benign dismissal.
I said to myself, “What the heck? Are they really that blind to the Great Wealth Destruction they are causing with their decisions to demonize the bankers, raise taxes for the wealthy, advocate draconian cap-and-trade policies and upend the health care system? Do they really believe that only the rich own stocks? What do they think we have our retirement accounts in, CDs? Where did they think that the money saved for college went, our mattresses? Do they think the great middle class banks at the First National Bank of Sealy and only the wealthiest traffic in the Standard & Poor’s 500?”
They exacerbated their insensitivity when President Obama proclaimed that he wasn’t worried about the averages, dismissing them as traffic polls that go up and down in the short term. Ah, if only they went up occasionally and not down endlessly then I would believe the President’s logic.
He then goes on to discuss Rich, Stewart, Rush…and some kind words for Fox News…
It is funny how the right is certainly very civil as my old friends and new allies as of last week, Fred Barnes and Sean Hannity, don’t hold my left wing social view against me when they talk about my criticism of the president! I always love anyone from Fox on the team because they are fierce in their defense with much less gratuitous slamming.
Stay with Cramer!
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