Dow finishes up following health care vote -- paging Jim Cramer

[Cali_Democrat]

Well this Wall Street "guru" was very wrong. I hope nobody here listens to him for investment advice, you'll probably go broke.

http://mediamatters.org/blog/201003220068

March 22, 2010 4:36 pm ET by Brian Frederick

Last Thursday, Larry Kudlow hosted Jim Cramer and the two discussed the effects of health care reform on the stock market:

KUDLOW: You are saying that Obamacare will topple the stock market. This is a huge issue. Let me get your first take.

CRAMER: It is the single biggest impediment to the stock market going higher. And a lot of this has to do with what's not being talked about with how it's going to be paid. And also to what it would do to small business formation. This bill is a disaster for both.

Well, on the first day following Sunday's historic vote in the House effectively passing health care reform, the Dow Jones Industrial Average finished up 43.91 points (0.41%).

Read more at link...http://mediamatters.org/blog/201003220068

[Oceansaway]

1. Jim Cramer = Human Waste ..n/t

[doc03]

2. Gee two days straight we have a rally. Don't worry if it drops

10 points next month it will be blamed on HCR.

[Lasher]

3. Or next year.

Or next decade. I'll bet Kudlow will say that Junior's tax cuts are what caused the last 2 day's gains. Or maybe Reagan's tax cuts.

[doc03]

4. He has been crediting those "little mustard seeds"

Bush planted with the TARP bailout in 2008 for the recovering economy all along. He's about as nutty as Cramer.

[doc03]

5. Cosmo is more of a guru than that jerk-off. n/t

[Blue Owl]

6. Cram it Cramer

And shove that siren up your ass while you're at it.

[FrenchieCat]

7. Puts Cramer right up there with Kristol.

Two wrong peas in a RW pod.

[Yavin4]

8. Hey, Leave Jim Craemer Alone. He Is The Very Best There Is

At being wrong. Just invest the opposite of what he says and you will make money.

[4lbs]

9. Jon Stewart pretty much proved it last year on his show.

:)

[doc03]

11. I have a Cramer story, about 4 years ago two

shyster brothers made a hostile take-over of my employer. Our company at the time was in trouble because Massey Energy was ripping us off on our coal contract. The CEO at the time was making $300,000 a year. These two brothers took over the company and fired our CEO and one brother named himself CEO and the other COO and paid themselves $5,000,000 each and gave themselves $15,000,000 in golden parachute packages. These guys ran the company into a ditch and all the time Cramer was pumping up their management expertise. These clowns put every clown in their neighborhood on the payroll. We even had two x pro football players that were heads of the company safety program. In the meantime we finally got a settlement of $600 million from Massey energy from a law suit the former CEO initiated. The way it played out in the end with Cramer and others pumping up this great management team the two crooks were able to sell the company and walk out with a $15 million golden parachute and who knows how many other friends walked out with millions. The new company came in and soon found out they bought a dog and they closed us down, we have been laid off for over a year now. Everyone got screwed the former management, the Board of Directors, the stockholders and the employees and they walked out with their pockets full.

[Lasher]

12. Thanks for sharing that.

It helps confirm my opinion of corporate executives and the sad lack of government oversight at publicly traded companies. There is no worse blight on our nation.

[Hissyspit]

10. How do you know when Cramer is wrong?

He's on your TV talking. (Or banging on something.)

Jon Stewart exposed him as a deliberate liar.