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Friday, January 22, 2010

Cramer: Obama's One-Man Bear Market

CBNC's Jim Cramer, a well-known liberal entertainer/investor, says that Obama is a one-man bear market:

Enough already. We know that he's anti-business. We know that he doesn't seem to understand the private sector. We know that he gets huge support from unions, particularly from state and local government unions. We know this. We know that he may not even use this moment of incredible jeopardy for Ben Bernanke's Fed re-up as a chance to "tack right," precisely because that would be pandering to the Massachusetts' Republicans, whom he obviously hates.