Did anybody catch Cramer talking about Bear Stearns and how he had spoken to to the top guys and how they were his friends and that they essentially promised him that all would be well. Cramer many times said over and over how close he was to these people; I think with one guy from BS he said he knew him for 20 years.
That’s part of the problem; how could Cramer effectively give objective advice to the general public when he can be used as a mouth piece by high level CEO’s of some these investment firms. When he went on and on about how he too was duped by those guys I lost all respect and could care less for the rest of my life what come out of that man’s mouth.
In regards to Obama’s performance in his first 55 or so odd days; I think he hasn’t even done enough to say. For God’s sake the man hasn’t even been in office for 2 months. Within his first week the conservative punditry were already complaining about his performance. So, for those that hate him it will never be enough. There is no way you can make it reasonable to them.
I do appreciate a president who will not obstruct stem cell research and will not have pastor Ted Haggard on a weekly conference call in the Oval office.
When Bush came into office I supported him for four years. It wasn’t until the fourth year with the tipping point being Katrina, that my rose colored glasses cracked and the glass shattered in my eyes.
Rush Limbaugh may want Obama to fail, but I sincerely hope Obama succeeds, because I can’t handle 11 years of failure. I say 11 because I don’t think Bush was all that bad in his first year.
I can’t easily forget Bush talking to crowd in New Mexico boasting about the surge in home ownership under his presidency and how more and more people were feeling the pride in having their “American Dream” realized…does anyone else remember this? Yet, as proud as he was he and his crew; especially his financial gurus never once said “hmm…maybe we should take a look into this huge surge in ownership and how suddenly all these people who previously couldn’t qualify for one now can”?
I haven’t quickly forgotten the last few years and I don’t think most of us have either.