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TeamJordan23 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 09:23 AM
Original message
Jim Cramer responds to the Whitehouse
http://www.mainstreet.com/article/moneyinvesting/news/cramer-my-response-white-house

Let me just remind you, Cramer was talking up Bear Sterns as a strong stock less than a week before its collapse. Jon Stewart did a great job last night showing clips off all these CNBC guys over the past 2 years and how WRONG they consistently they are.

Finally, my response to Cramer, Santelli, and the rest of the stooges on CNBC: the GOP party is looking for candidates for 2012. If you think you know what policies are best for the country - maybe you should run.
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 09:24 AM
Response to Original message
1. You mean Sick Rantelli? I love Keith's name for him. NT
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NRaleighLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 09:30 AM
Response to Reply #1
2. Distant relative of Sick Rantorum? Or maybe Lush Rimjob?
Edited on Thu Mar-05-09 09:30 AM by NRaleighLiberal
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joeglow3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 09:34 AM
Response to Original message
3. I agree with one thing he said
We need to quit demonizing all bankers. My sister works at a bank as a Service Manager and makes $40,000 a year in Minneapolis. Her bonus (which is not that high) is intentionally tied to non financial goals. She was to get her bonus 2 weeks ago from tomorrow. She was notified on the Wednesday before that since they took TARP money and she is considered an executive (as she is in "management"), they could not issue bonuses. Sorry, but she is at the very income level we are trying to help out and she just got boned because she happens to work at a bank.
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Aloha Spirit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:14 AM
Response to Reply #3
6. I agree, but bonuses are often a tricky way to avoid payroll tax as much as they are rewards.
Traditionally, people would get raises and promotions for good performance.
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joeglow3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 11:40 AM
Response to Reply #6
10. Her bonuses are subject to payroll tax
Edited on Thu Mar-05-09 11:41 AM by joeglow3
It is included in her W-2 earnings. I know this, as I am a tax CPA and do her taxes for her.
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Nicholas D Wolfwood Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 12:49 PM
Response to Reply #6
16. Almost all bonuses go through payroll taxes.
Unless they're handing you money under the table or your bonus comes in the form of deferred compensation (such as stocks)
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blogslut Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 09:43 AM
Response to Original message
4. tl;dr
Sorry, Jim.
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ErinBerin84 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:11 AM
Response to Original message
5. I had only seen Jim Cramer's show a few times
(though I see him all the time on the Today show, MSNBC shows, etc). I watched last night, and it really was ridiculous. I knew that his whole bit was being obnoxious and outrageous, but I didn't know that he used the red scare buzzwords like all the other assholes. Obama is a communist, the commander in chief is a Leninist, Bolshevik leaning,etc.
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Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:16 AM
Response to Reply #5
7. The Rich, Wall Street, and Financial Networks are at war with Obama
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Monk06 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 11:52 AM
Response to Reply #5
11. Cramer is a tout and a front runner. If he was in Canada he would be banned from

the TSX for life for his boiler room bullshit.
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OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:25 AM
Response to Original message
8. Watch The Daily Show...3-4-09.....it will tell you all you need to know
about these asshats.
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Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 11:09 AM
Response to Original message
9. WOW I use to like him. But he has a serious agenda against Obama
Thats bullshit. He blames Obama for the Stock Market and ignores all the other economic news that is effecting the Markets.
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Uzybone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 11:54 AM
Response to Original message
12. Everyone should watch this clip
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Festusss Donating Member (48 posts) Send PM | Profile | Ignore Thu Mar-05-09 12:15 PM
Response to Reply #12
13. Thanks! I can't wait until the M$M puts such informed commentary on the news - like NEVER! n/t
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Jeroen Donating Member (608 posts) Send PM | Profile | Ignore Thu Mar-05-09 03:03 PM
Response to Reply #12
17. Absolutely, hilarious clip! n/t
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:41 PM
Response to Reply #12
22. lofl!
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Skwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 12:19 PM
Response to Original message
14. Cramer is feeling guilty (he should) and looking for someone
else to blame. To blame Obama is ludicrous. Of course he had help from the DLC Clinton pal, Harold Ford.

What a schmuck.
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otohara Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 12:30 PM
Response to Original message
15.  Check Out That Poll
at bottom of article. Right now Jim Cramer is at 91%

Take Our Poll

Who's right?

* Jim Cramer
* The Obama Administration
* Neither
* Something else. I'll tell you in comments.
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SemiCharmedQuark Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 03:06 PM
Response to Original message
18. ROFLOL: Asshole Cramer: Rush Limbaugh is a genius of radio!
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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 03:08 PM
Response to Original message
19. Jim Cramer responding to the White House is much like Joe the Plumber responding to the White House.
Both of them behave pretty much like cartoon figures. I don't take either Jim or Joe seriously.

BTW Jim Cramer has been wrong as much as he has been right about the stock market.
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RepublicanElephant Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:02 PM
Response to Reply #19
20. he is the wall-street limbaugh/clown nt
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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:27 PM
Response to Reply #20
21. He sures plays the part.
Does Cramer's show still have all the wierd bells, whistles and props?

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WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:43 PM
Response to Original message
23. Yeah, Jim Cramer says Rush Limbaugh is dead right
the same Jim Cramer who said Lehman Brothers was a sound company right before they went belly up.
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Guy Whitey Corngood Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 04:46 PM
Response to Original message
24. This asshole is nothing more than Carrot Top with a financial show. nt
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