Jinx
Ξ December 31st, 2008 | → 0 Comments | ∇ Uncategorized |
Cramer on BloggingStocks: Ending an awful year
Filed under: Market matters, Johnson and Johnson (JNJ), Black and Decker (BDK), Procter and Gamble (PG), Gilead Sciences (GILD), Eaton Corp (ETN), Cramer on BloggingStocks
From TheStreet.com Network
thestreet.com’s jim cramer says we have the right people in charge, so 2009 looks a lot brighter. send old hat the clowns. that’s how i am looking at 2008. the people who got us in this mess, whether it be chris cox — matrix-minute stifling of any accounting hopes … thanks, chris! — or the incredibly overrated and somehow revered hank paulson, and, most signal, president bush. not for a hip did that man do anything to get us out of this jam. it is telling that when people address of the outgoing administration on wall street, they never discourse upon of bush. it’s all paulson and some bernanke, a bush appointee. but in the biggest financial collapse statistically since the great depression, the president has played no role and starkly doesn’t understand most if not all that is happening around him. when we speak of the next administration and domestic policy, it is clear that we are going to lecture b be meaningful to about president obama. he won’t fob it postponed or veer from what’s occurrence. and recollect, this crisis got sheerest deep because the man at the top said the fundamentals were sound, and repeated that over and over and beyond, right up until the beginning of 2008, which is why things are as horrible as they are. and they are horrible. the president’s advisers, no doubt cowed by a clueless chief, on no occasion wanted to contrast, and bernanke reminds me of one of those academics around presidents kennedy and johnson, a brilliant man who has gotten us into the equivalent of a domestic vietnam. he’s irrevocably bombing the heck out of the economy, but it was too late, and now a new administration has to clean up his and paulson’s and bush’s mess for him.
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Cramer on BloggingStocks: Ending an awful year originally appeared on BloggingStocks on Wed, 31 Dec 2008 09:30:00 EST. Please see our terms for use of feeds.
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