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Thursday, March 05, 2009

Cramer Fighting Back; Admits He's Democrat & Obama Guy

Jim Cramer responds to the recent White House barbs. Interestingly, he admits he's a Democrat and voted for Obama, although that was the campaign Obama, not the real Obama. But he then rips him and his policies that are literally destroying all the wealth in this country. Here is just a snippet:

If we only want to help those who have no wealth to destroy, we are not helping the majority of Americans; we are not helping the broader population...

..Obama has undeniably made things worse by creating an atmosphere of fear and panic rather than an atmosphere of calm and hope.

We had a banking crisis coming into this regime, but now every area is in crisis. Each day is worse than the previous one for this miserable economy and while Obama's champions cite the stimulus plan, it's really just a hodgepodge of old Democratic pork and will not create nearly as many manufacturing or service jobs as we hoped. China's stimulus plan is the model; ours is the parody.