Kramer is nothing more than a glorified TV evangelist that plays and preys on sheeple’s emotions…..with the exception that he can’t filter his personal expenses through a 501(C)3 corporation like the Oral Roberts camp…..
He is the epitome of hype and was one of the biggest advocates of the federal reserve slashing rates which in turn has caused the dollar to drop like a rock. I guess he doesn’t understand yield spreads and risk premiums that investors demand in an environment of rapidly depreciating assets….go head drop the prime rate to 0%….that will solve all our problems like it did for Japan….
I think I am going to Toys R Us today and maxing my CC on all kinds of gadgets and toys that make funny noises and start a TV show and act like Kramer…..hell, maybe I will be rich like him too and the government won’t have to bail me out of my CC debt?
It is scary when the government does not allow people to experience things in life that are the necessary building blocks for character and thrift…..
Keep the presses running Ben….keep printing that paper with big headed presidents…..welcome to America… the new Third World Country……