Video: Cramer goes nuclear on Obama, White House rips Cramer
posted at 5:47 pm on March 3, 2009 by Allahpundit
I think he’s worked up here but I can’t tell for sure: Much like Glenn Beck, because his default state is one of unnerving intensity, it’s hard to tell when he feels passionately about something from when he’s behaving normally. But here he is on last night’s show, teetering between Hayekian wisdom and madness in laying blame for the Dow’s downturn at the feet of Zeus’s Olympian throne. These aren’t the comments that caused Gibbs to take a shot at him at today’s White House presser, incidentally; those came on the Today show this morning, but were really just a precis of his longer argument here. Follow the link to TV Newser for the vid and Gibbs’s reaction (which, in fairness, isn’t inaccurate). Exit quotation from Cramer: “This is the greatest wealth destruction I’ve seen by a president.”
Blowback
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You can carry a hundred grand of gold coins in your pocket and those struck by the US mint are the easy to convert.
TheBigOldDog on March 3, 2009 at 6:40 PM
Levin is wise.
TheBigOldDog on March 3, 2009 at 6:41 PM
The current administration IS the enemy, make no mistake about it.
thomasaur on March 3, 2009 at 6:41 PM
Cramer will return to bootlicking Obastard shortly. He prefers the Hilton, not the Hope And Change Reeducation Camp. He hasn’t even the balls to stand up to a hamster like Gibbs, when push comes to shove. And as others have noted, he is a pure Dummycrat, and cannot survive without their blessing.
George Orwell on March 3, 2009 at 6:42 PM
Cramer just told you to buy the Canadian coins. sven’s right. Expect the 401ks, IRAs and gold to be seized and paid in (worthless)treasuries soon. JMHO
genso on March 3, 2009 at 6:42 PM
You are safe on your limb because your limb is more like a concrete branch. This is a bad strategy for them that will wear thin quickly.
Rockygold on March 3, 2009 at 6:43 PM
perhaps, but I am reminded of what an elderly German I once gave a tour of a Museum to told me when I asked what happened when the Nazi gun control inspections ran into “I don’t have the guns your records say I do….”
“they smiled and shot them”
sven10077 on March 3, 2009 at 6:44 PM
I missed the Canadian coin comment. Why did he says those? Was it a transaction cost issue or was it because of the alleged wait with the US mint?
TheBigOldDog on March 3, 2009 at 6:45 PM
Another angry white male….yay.
Where’s the angry Madea contingent?
Nothing will change until we get ourselves an angry, plus-size, finger-waggin’ black woman.
That’s the only way to get Obama’s attention.
The Ugly American on March 3, 2009 at 6:45 PM
Can’t answer the why of it. But he did say that.
genso on March 3, 2009 at 6:46 PM
BTW, Don Luskin said gold is going to $2K an ounce a few weeks ago on Kudlow… Imagine what soup we’d have to be in for $2k gold?
TheBigOldDog on March 3, 2009 at 6:46 PM
with the stroke of my pen I made a new law…ain’t it cool???
recall executive order 6102 and understand the butcher will never allow the cattle to escape the abattoir easily….
sven10077 on March 3, 2009 at 6:48 PM
It is DAY 42,and confidence is nowhere in sight,
and Obama Chaos,is still reining in doom for America!
———————————————
It looks like everything will come to a head as soon as
Obama,and political friends,mold American ‘To Their liking’!
Give it a few more months,and Obama will have the American
Dream,that Obama wants,or the America he has envisioned,all
through his life!!
What ever it takes,at Obama’s age,and his political friends
aren’t happy in their lives,and so,they will remake America to suit them,and make changes that will make America more to
their likeing!
Has anyone asked Obama prior to being President,if America
was to his likeing,or does Obama thinks a few changes are in order,
like Michelle said,”For the first time in my adult life”!!
canopfor on March 3, 2009 at 6:48 PM
Nah,
Lt. WorfMichelle is at bat’leth practice. Keeps her arms toned.Fortunata on March 3, 2009 at 6:49 PM
“Let’s go drillin down there is some of them schoolyard!”
V15J on March 3, 2009 at 6:51 PM
Excellent point. Their true ‘negotiating skills’ are beginning to show and they look like like a bunch of petulant children.
whitetop on March 3, 2009 at 6:52 PM
quite I suspect in the end nobody actually voted for him due to any real evidence of his superior economic acumen vis a vis McCain and thus people ARE getting what they paid for….
he may be clueless but he sure does look swell prattling his vacuous detritus on the matter.
sven10077 on March 3, 2009 at 6:53 PM
It is my hope that the fairly normal Democrats will be divided from the Socialists (which includes Obama) before long.
Alana on March 3, 2009 at 6:53 PM
The totally absent Treasury Secretary came out of hiding today and admitted that all of us are just going to have to pay for the green energy we don’t give a flip about by paying higher taxes, so suck it up, suckers.
Buy Danish on March 3, 2009 at 6:54 PM
Cramer’s position is entirely straightforward and reasonable, even for a liberal: He thinks that a lot of the liberal things Obama advocates would be nice, if the economy were strong enough to bear their implementation. The economy isn’t just weak now, it’s profoundly, dangerously unstable. It can’t both recover and simultaneously be hammered by the implementation of radical, staggeringly expensive liberal ideas, many of which would challenge the economy even at its strongest. It’s a simple case of Obama wishing to have his cake and eat it, too. I can see it, Cramer see it, I’m guessing everyone here can see it, and hopefully enough Americans will see it, too, before there isn’t any America left at all.
Blacklake on March 3, 2009 at 6:54 PM
When Vlad “Stalin was misunderstood” Putin says you are a tad too socialist for his taste you have issues….
I’d PAY to watch Putin kick Bambi’s ass after an insult.
sven10077 on March 3, 2009 at 6:55 PM
We are headed to the glory days of Jimmah Catah
Dow = 740s.
TheSitRep on March 3, 2009 at 6:56 PM
your democratic party making tough consumer choices so you never have to….
sven10077 on March 3, 2009 at 6:56 PM
All in due time.
thomasaur on March 3, 2009 at 6:58 PM
DON’T MOVE YOUR MONEY FROM BEAR, THAT WOULD BE SILLY!
-Cramer March 2008
DeathToMediaHacks on March 3, 2009 at 6:59 PM
You grasp the joke but may be unaware that this show is an homage or a remake…in fact in many ways word for word of the FDR response matrix to the Great Depression….
FDR and friends were accused by the very same Wall Street Journal of the ’30s with being more concerned with “reform”(and not in the regulatory sense but in the let’s make things fair sense) than recovery…..
Bambi is a rerun of FDR and Carter’s worst traits….
sven10077 on March 3, 2009 at 6:59 PM
er uh bobbing up and down doesn’t bother me”….
Ogabe-today
sven10077 on March 3, 2009 at 7:00 PM
Well, you see, being effective against the left is by definition “unethical”. Then again, the way they define “ethical” is always subject to change.
ddrintn on March 3, 2009 at 7:02 PM
The “American Recovery AND Reinvestment Act” should be renamed to ADDA – the American Devastation and Destruction Act.
Entelechy on March 3, 2009 at 7:02 PM
Tanking doesn’t bother him either. They’re waiting for people to beg the government to seize their retirement funds before they completely vanish.
ddrintn on March 3, 2009 at 7:03 PM
’m going to go out on a limb and say it’s a mistake for the White House Press Secretary to go to war with every single American citizen who publicly criticizes this administration.
Jim Treacher on March 3, 2009 at 6:19 PM
What happened to the Left and all their “speaking truth to power” stuff? Kind of quiet out there on the barricades these days.. hmmm.
TexasJew on March 3, 2009 at 7:05 PM
It’s interesting to see the MSM cling to their incompetent Leftist politicians (again) and their ideology.
Dr. ZhivBlago on March 3, 2009 at 7:07 PM
Sorry Big, I tried to find Cramer’s quote about the Canadian coins. He said it on today’s show. He also said today that he felt gold was going down because of the lack of consumer sales of jewelry. Same thing about silver.
genso on March 3, 2009 at 7:11 PM
I agree, it’s being done on purpose. Obama is trying to pull a Hugo Chavez on the USA.
It’s too easy to stop …
tarpon on March 3, 2009 at 7:11 PM
Man is that ever true. Obama wants an “ethical” cabinate so he taps all the worst tax cheats and corrupt chicago types he can find. Maybe his plan is it takes a crook to catch a crook? Whatever.
petunia on March 3, 2009 at 7:12 PM
Its cute how you people are so easily impressed by anyone who makes a point by screaming.
benny shakar on March 3, 2009 at 7:12 PM
Show me the time frame from the video where he was screaming.
genso on March 3, 2009 at 7:13 PM
This could be such a badge of honor. Maybe Gibbsy will criticize Allahpundit next!
Buy Danish on March 3, 2009 at 7:13 PM
We can n e v e r afford this agenda.
Harpoon on March 3, 2009 at 7:15 PM
Its called “street cred.” Are you suggesting that AP needs some? ;)
genso on March 3, 2009 at 7:15 PM
its the truth..
I am watching right now as my 401k is 1/2 the value
my old so called union pension just sent me a letter kinda like social security stating
We had a bad year so you might not get anything by the time you retire..
My workds not theirs theirs was legally nice..
but basically said the same thing
your screwed…
So cramer says yep the same thing and obama cant stand it..
he is an idiot..
jcila on March 3, 2009 at 7:21 PM
I have been buying Krugerrands myself. Canadian Gold Maples are .9999 pure, but scratch easily given the high gold content. Krugerrrands are 22k, more durable and still contain 1 troy once of pure gold.
The only two things I’ve been investing in since Obama took office is Krugerrands and SarahPAC. Thousands of $ in each, in fact.
I expect a healthy return on both investments.
Norwegian on March 3, 2009 at 7:24 PM
Yes, he really is. BTW…sorry about your pension fund and 401.
genso on March 3, 2009 at 7:24 PM
Good man after I get my roth distributions I fully intend to do the same….
sven10077 on March 3, 2009 at 7:30 PM
1-Cramer, well I felt like I was back in college with a non-stop all over the place professor. Buttons, knocks are weird but my kids would like to play with them.
2-Gibbs is Peter Griffin in a costume. What is pathetic, he isn’t even funny.
3-Glenn Beck-I have watched him for a while, before Fox…those who have been fans for a long time, have been saying that he has accurately predicted many problems that have happened. NOW I can tell you that to me, he is a sensitive, as in psychic. He is gifted and talented, but perhaps (theory) conflicted about what is going on and knowing how bad it’s getting and the sense of powerlessness is what is provoking this behavior. Bear with me I am not a psychologist.
4-Obama can KMA anytime and he is not worth to even shave my dog’s _____________.
5-Alan Colmes is starting to see the Light?
ProudPalinFan on March 3, 2009 at 7:39 PM
But, but, Obama is HISTORIC.
You’re supposed to feel proud of our HISTORIC President.
Moesart on March 3, 2009 at 7:40 PM
Oh and I will write this again-pure theory and speculation on my part, of course it is my sincere opinion that this administration will not last four years.
If I called the shots I would shut down Wall Street like in 9/11.
ProudPalinFan on March 3, 2009 at 7:42 PM
You mean, like obeying the law and actually paying your taxes?
-Dave
Dave R. on March 3, 2009 at 7:43 PM
Has any other administration ever attacked private citizens for speaking their mind? I know talking heads have attacked citizens for talking but this is the actual administration attacking citizens. Joe the Plumber (not actually the administration but people in power did), the guy on the stock market floor, Rush and now this Cramer.
Again, this is The Administration attacking citizens for speaking their minds. That should be being screamed from the rooftops.
SkyWatch on March 3, 2009 at 7:49 PM
Anybody who isn’t truly frightened either hasn’t been paying attention, is in deep denial, or has nothing to lose.
Alana on March 3, 2009 at 7:54 PM
We as Americans got exactly what we asked for. Obama was very consistent in saying that this is what he wanted, and 52% of the population agreed with him.
Thank you for the destruction of the “American way of life,” and I hope you are happy for what you asked for.
huskered on March 3, 2009 at 7:54 PM
They’re still campaigning, Jim. There’s no governance, no leadership, no steely guidance, no managers.
It’s all just a big campaign to them.
BacaDog on March 3, 2009 at 7:59 PM
Today my hairdresser told me she thought Obama walked, “like he was light in the loafers”. I expect to see her called out by Gibbs tomorrow.
anniekc on March 3, 2009 at 8:01 PM
Gibbs knocks Cramer the same way he knocked Hilldog. These turds are in perpetual Alinsky/campaign mode.
booter on March 3, 2009 at 8:02 PM
Is he going to go after everyone who criticizes the President?
Pretty soon the Gibbs will be working 24/7, I hope he doesn’t need to sleep or eat or anything.
NoDonkey on March 3, 2009 at 8:12 PM
historic alright——-the magnitude of stupidity is truly historic, but then again, this country elected a affirmative action president.
UNREPENTANT CONSERVATIVE CAPITOLIST on March 3, 2009 at 8:15 PM
And somewhere in Georgia Jimmy Carter is on his knees thanking God for Barack Hussein Obama.
carbon_footprint on March 3, 2009 at 8:21 PM
Yay another corporate rant.
Sure there will be many more to come.
Lets have another tea party for corporate.
getalife on March 3, 2009 at 8:26 PM
My family mocked me for backing McCain. Well, who’s laughing now, now that the economy is tanking and it’s all thanks to Obama, who promised he’d kiss the booboo and make it all better?
R. Waher on March 3, 2009 at 8:28 PM
Worst President Evah?
RobCon on March 3, 2009 at 8:32 PM
Shut up, just shut up. Or keep whining while we watch the destruction take place.
I’ll say it again, our founding fathers went to war over far less than this.
And all we can do is whimper, I guess.
Midas on March 3, 2009 at 8:37 PM
LOL
dumbass Americans wanted “change” and they are going to get it.
JihadKiller1s1k on March 3, 2009 at 8:38 PM
Can you please tell me what form of organizing human labor has led to higher living standards than the corporate form? People need to cooperate in order to achieve certain objectives, but they need to compete in order to avoid stagnation. The corporation, in the context of a society with anti-monopoly laws, enables both.
Your anger at corporations would be better utilized turned inward to improve yourself because it sounds like your neither a good cooperator nor a good competitor.
venividivici on March 3, 2009 at 8:44 PM
There’s nothing wrong with corporations, you twat!
Only a Commie idiot like you could see the market tanking and a rout on Wall Street and think it’s a good thing.
To Leftist morons, it’s a sign that evil corporations are finally getting the comeuppance they deserve and that is has nothing to do with ordinary folks on Main Street.
Jenfidel on March 3, 2009 at 8:45 PM
Morbid curiosity has driven me to watch Hardball to see if there are any cracks in the armor yet. Jim Cramer was on Hardball tonight. Matthews had Harold Ford I am sure as back up for him that Cramer was mistaken. Harold Ford was pretty much in agreement with Cramer. Matthews was still in heavy denial. It was like an alcoholic intervention, not that Matthews would know anything about one of those. Also worth note was exchange between Tom DeLay and Matthews over Bush’s responsibility in the current financial fiasco.
msmveritas on March 3, 2009 at 8:52 PM
If only the Democrats had put up Harold Ford, Jr. to be the first black Prez and not Ogabe!
We’d be having a very different conversation today, I’m pretty sure.
Jenfidel on March 3, 2009 at 8:57 PM
It’s weird…I agree that Obama is destroying the economy, but Cramer is more the trend follower than setter. Does this mean America really despises all this spending? Has Obama lost that much support that quickly?
chicagojedi on March 3, 2009 at 9:02 PM
Well, you know, Obama said that he had all that executive experience running his campaign.
onlineanalyst on March 3, 2009 at 9:12 PM
Jenfidel on March 3, 2009 at 8:57 PM
They couldn’t run Jr. He’s got too much family corruption. His Uncle John is serving time for corruption and his Dad has been the subject of a Federal Grand Jury and is now a paid lobbyist for Fed Ex and the Medical Profession. He’s got other Uncles that have been in trouble as well.
kingsjester on March 3, 2009 at 9:15 PM
At least he could be honest that Obama needs to act and was willing to say it on Hardball of all places. At this point I almost feel as though any Dem besides Obama would have been better, well maybe not Pelosi would be tough to take. While Americans are losing their 401K’s at alarming speed, Obama’s pretense that it is a poll is downright scary.
msmveritas on March 3, 2009 at 9:18 PM
Seriously, does he have to press those buttons? It makes him look much less serious.
boomer on March 3, 2009 at 9:20 PM
Why, da gubmint does. ;)
ddrintn on March 3, 2009 at 9:26 PM
Any info on this statement?
DrStock on March 3, 2009 at 9:30 PM
I guess Cramer’s Wall Street friends are hurting again. Sure Cramer, you don’t want the Plunge Protection Team to crank up the bubble machine again. You just wish things were back the way they were under Clinton and Bush. Where the investment bankers could run to Washington to get the Fed, SEC, and Treasury to perform their voodoo magic. The same magic that got us into this mess. Sorry folks, but the credit bubble has to burst before things can eventually get better. Cramer and his pals can pound sand.
Alan on March 3, 2009 at 9:38 PM
You asked benny shakar to present a fact??? No fair! ;)
ddrintn on March 3, 2009 at 9:39 PM
Shut up. Shut up. Shut the f*ck up.
My parent’s 401k’s have vanished. My mother’s pension is GONE. My parent’s will be relying on ME now for their support. I’m a college student. This government is systematically destroying wealth. I’m going f*cking balls to the wall crazy because of this. My parents and I have lived on the mantra that ‘if you work hard, you’ll be rewarded for that hard work. If you save and invest, you’ll be rewarded for it.’ The world is now upside down. My parents have been proven wrong, and to our sadness, we’re not sure how to fix this.
Chaz706 on March 3, 2009 at 9:40 PM
It’s not just Cramer, the smart people are removing their assets from the Economy.
http://www.investors.com/editorial/editorialcontent.asp?secid=1501&status=article&id=320892987513114
GunRunner on March 3, 2009 at 9:41 PM
the credit bubble was a snowball effect of codified and DoJ enforced misvaluation of risk….
as a % the S&L crisis started worse but the PPT and braying of the noninvestor class has made a true reset almost unthinkable….
we have passed “free market” and entered the era of the “freeloader” market…..
sven10077 on March 3, 2009 at 9:41 PM
I “feel it” when I talk other small businessmen who were completely ignored in Obama’s “stimulus plan.” Who are looking at higher energy rates if Obama gets his way, and higher payroll taxes to shrink their already low profit margin as customers, afraid to spend their money, stay away in droves.
Do you want to help us Mr. Obama? Cut the payroll taxes. Cut the small business tax. Today. But, honestly, looking at the “stimulus” I can clearly see that small businesses aren’t part of your plan.
29Victor on March 3, 2009 at 9:41 PM
endure-the play money is not infinite…well not without ruinous hyperinflation…..
and be ready to in the worst case run….
sven10077 on March 3, 2009 at 9:43 PM
Oh, and BTW: my mom’s been working at a bank for 20 years. You’d think they’d have some employee/employer loyalty. They’re looking to fire her because they have to pay her more than some bum off the street they hired yesterday. The value of her pension plan might buy a can of beans in 2020 and they’re treating her like this. I graduate in 2010. I see the writing on the wall and I don’t like it.
Chaz706 on March 3, 2009 at 9:43 PM
Historic, scary as all hell to have a commune organizer affirmative action recipient as POTUS and we dont know a damn thing about him other than his best buds are Saul (hating freedom and liberty) Alinsky (now dead still lethal) and Jerimiah (alive, lethal and hating whitey) Wright.
There is no compromise in the Soros driven lefts agenda.
Though he has been relatively content to hide in the dark shadows Soros’ egomania will soon drive him into the spotlight to claim his victory over the Constitution.
Soros, Obama and the lefts millions of mouth breathing slack jawed blood thirsty goons will find happiness and victory in creating and sustaining misery for all of us.
kooziegirl on March 3, 2009 at 9:47 PM
I believe this to be true also…
I keep having this vision of a reverse “star chamber” where instead of a court being set up to ensure the fair enforcement of laws against powerful people, it’s a trial against ordinary people held in secret, with no indictments, no right of appeal, no juries, and no witnesses
Badbrucskie on March 3, 2009 at 9:50 PM
Chaz dont waste your precious time on that pitiful excuse for a human – getalife is another of the leftists useful idiot bedwetters.
Im sorry about your parents plight. It is the same for members of my family. Unfortunately for your generation instead of finishing college, starting a career where you can display your talents and reach for the stars, get married, settle down, start a family, you are the inheritors of an evil that has plagued the world forever it seems.
Before Soros and Baracko et al, you were destined to live a good life and grow old in the best country the world has ever seen. Now you are going to have to fight with us to save it. Or not. But I hope after you have time to reflect that you will fight.
Fighting is our only hope to save ourselves and our nation from such evil.
kooziegirl on March 3, 2009 at 9:56 PM
Trust your instincts. We’re not there yet (there being the star chamber) but if we dont stop this your vision has the promise of becoming all too real.
kooziegirl on March 3, 2009 at 9:59 PM
Believe me, I feel your pain. But this is going according to plan for the Democrats. They’re waiting for you to run screaming and crying into their loving arms.
ddrintn on March 3, 2009 at 10:01 PM
In efforts to better myself, I am returning to school and am forced to take some entry level courses. In these courses are kids that believe, with all their heart, that Hugo Chavez isn’t all that bad and the US Media is not giving him a fair shake. These are all people who wear Obama paraphenalia and have drinken his koolaid.
I weep for this country for parents to have raised kids like these… Well that’s what happens when the greatest generation spoiled the baby boomer generation. The Baby Boomer’s have F’d it all up. And now their kids are F’n it to the extreme.
James on March 3, 2009 at 10:03 PM
Take heart. In my 20s I would probably have qualified as a leftist. There was no alternative political view being expressed on campus, and most people are shallow (if opinionated) at that age. Argue (nicely) with them, you’ll be surprised how many minds you can change, even if it isn’t immediately obvious. The lefties were all over my college (in the union etc) but most people just agreed with them for a quiet life, not any real conviction.
Fortunata on March 3, 2009 at 10:09 PM
WARNING!
I have offshore accounts and am moving the money as quickly as possible!
http://news.yahoo.com/s/nm/20090304/pl_nm/us_usa_taxhavens
Remember the Berlin wall? Well here is a financial wall. The Dems tried to say it was a wall to prevent sending jobs offshore, but Obama is going after assets, Comrade.
GunRunner on March 3, 2009 at 10:12 PM
who knows better whom needs what comrade you or Chairman Oh?
sven10077 on March 3, 2009 at 10:15 PM
PARTIAL LIST OF DOCUMENTS THAT BARACK OBAMA REFUSES TO RELEASE -. OBAMA’S SECRECY AND “CLOSED RECORDS” POLICY
Indonesian Passport – Not released
Application for U.S. Citizenship (as former citizen of Indonesia) – Not released
Immigration Records – Not released
Original Vault Copy Birth Certificate – Not released
Certificate of Live Birth – Counterfeit Version on Obama Web Site
Obama / Dunham Marriage License – Not released
Soetoro / Dunham Marriage License – Not released
Soetoro Adoption Records – Not Released
Fransiskus Assisi School Application – Not released
Punahou School Records – Not released
Selective Service Registration – Counterfeit version generated
Occidental College records – Not released
Columbia College Records – Not released
Columbia Thesis – Not released
Harvard College Records – Not released
Baptism Certificate – None
Medical Records – Not released
Illinois State Senate Records – Not released
Law Practice Client List – Not released
University of Chicago Scholarly Articles – None
searcher484 on March 3, 2009 at 10:19 PM
How Geithner can talk about “tax evasion” without shriveling up and dying on the spot is beyond me…makes me doubt that there is a heaven or hell, know what I mean?
Fortunata on March 3, 2009 at 10:22 PM
Red herring. What’s under discussion is our view that the American President and Congress are destroying the Americans’ economy.
Kralizec on March 3, 2009 at 10:23 PM
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