Wednesday, February 1, 2012

Why was Jim Cramer of Mad Money in trouble recently?

He spoke out against Obama. He was saying that the spending was bad and that Obama was destroying wealth. The attack machine went after him. The funny thing is Cramer voted for Obama.|||Jon Stewart on the Daily Show on Comedy Central did a segment on CNBC in which Cramer was heavily featured. The segment showed clips of Cramer's show in which he was giving contradictory investment advise, completely missed the impending meltdown of some of the big failed banking giants and quite frankly lied about promoting certain questionable investment practices. A week later Cramer came on the Daily Show and and took up almost the entire half hour with an interview. It was an interview that should have shamed the major networks - the type of stuff they should be doing, not a comedy show. Briliant stuff.|||Stewart made fun of him for a while on the Daily Show recently. He used his TiVo to show some contradictory things Cramer had said about different investments. I am unaware of any other trouble he was in.

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