View Full Version : Mad Money Jim Cramer Points fingers at Dems...
sbark
10-08-2008, 07:40 AM
http://hotair.com/archives/2008/10/07/jim-cramer-hey-you-know-whos-really-to-blame-for-the-mortgage-mess/ (http://hotair.com/archives/2008/10/07/jim-cramer-hey-you-know-whos-really-to-blame-for-the-mortgage-mess/)
at the 3:00 minute mark
This meltdown is not the Bush Admin fault, as much as I'd like to blame it on them, it is the Dem's fault
i hope he is not this late in his stock piks.......everyone else knew this 10 days ago........:bang2:
canters
10-08-2008, 07:51 AM
I heard what he said...it will not get picked up by the MSM....it don't fit their template of who is at fault.
BrAinPaiNt
10-08-2008, 08:06 AM
When I hear a person claim it is one parties fault...I just have to roll my eyes.
Everyone from the President on down to john q public taking out loans he knows he has no reasonable way to pay off in his life time are to blame.
Doomsday101
10-08-2008, 08:12 AM
When I hear a person claim it is one parties fault...I just have to roll my eyes.
Everyone from the President on down to john q public taking out loans he knows he has no reasonable way to pay off in his life time are to blame.
I agree. It does aggravate me when Obama and other dems say this mess is because of 8 years of Bush, they use this motto constantly and the reality is the Dems and their control over the house and senate played just as big of a role. The President can't do anything without the Congress and the Senate
BrAinPaiNt
10-08-2008, 08:17 AM
I agree. It does aggravate me when Obama and other dems say this mess is because of 8 years of Bush, they use this motto constantly and the reality is the Dems and their control over the house and senate played just as big of a role. The President can't do anything without the Congress and the Senate
I actually agree, which might shock some people :laugh2: .
I realize it is a political campaign strategy, like the negative strategy the McCain camp is starting up.
So I get the reason why they keep harping on it....and I am a big fan of bashing bush:laugh1:
But in this case they all have their share of blame to go around.
A friend of mine brought these points to my attention
1. over 5 million ILLEGAL's got home loans. That is a fact
2. Republicans tried to stop these practices 12 times, but Democrats blocked it...another fact (perhaps that explains why Democrats, including OBama and Todd, received the most money from Freddie and Fannie)
3. When the Republicans tried to stop this, the Dems often played the "race" card. Barney Frank has played the race card involving this issue as recently as last week.
this PC crap has got to stop. It is not healthy.
BrAinPaiNt
10-10-2008, 02:59 PM
A friend of mine brought these points to my attention
1. over 5 million ILLEGAL's got home loans. That is a fact
2. Republicans tried to stop these practices 12 times, but Democrats blocked it...another fact (perhaps that explains why Democrats, including OBama and Todd, received the most money from Freddie and Fannie)
3. When the Republicans tried to stop this, the Dems often played the "race" card. Barney Frank has played the race card involving this issue as recently as last week.
this PC crap has got to stop. It is not healthy.
This is correct. Crap can cause septic shock which is not healthy.
.
.
.
:p:
JBond
10-10-2008, 03:03 PM
Barack Obama sued Citibank (in 1996 I believe) to force them to give loans to those without a prayer of repaying it. He is directly responsible for a large portion of this mess. It was not a friend of his or his advisors. He was the lawyer that sued Citibank to force these bad loans. No way to spin that, but some will try.
ABQCOWBOY
10-10-2008, 03:09 PM
A friend of mine brought these points to my attention
1. over 5 million ILLEGAL's got home loans. That is a fact
2. Republicans tried to stop these practices 12 times, but Democrats blocked it...another fact (perhaps that explains why Democrats, including OBama and Todd, received the most money from Freddie and Fannie)
3. When the Republicans tried to stop this, the Dems often played the "race" card. Barney Frank has played the race card involving this issue as recently as last week.
this PC crap has got to stop. It is not healthy.
Actually, everything listed here is correct. Unfortunatly, not everything that played a role in this thing is in the list. There is responsability enough for all to go around. I happen to believe that the majority of the responsability should rest with the Democratic party but, I am a Conservative so this my shade my view of things a bit.
I believe that this thing is going to get bad boys. It aint gonna matter who did what soon because we all know who's going to suffer the consequences. When that happens, we are all going to have to stick together. That sucks but there it is.
Actually, everything listed here is correct. Unfortunatly, not everything that played a role in this thing is in the list. There is responsability enough for all to go around. I happen to believe that the majority of the responsability should rest with the Democratic party but, I am a Conservative so this my shade my view of things a bit.
I believe that this thing is going to get bad boys. It aint gonna matter who did what soon because we all know who's going to suffer the consequences. When that happens, we are all going to have to stick together. That sucks but there it is.
yes very good post imo. I agree
some comedy is needed, even in serious times.
anyone see this skit on SNL last week?...Hilarious no matter what side of the street your on. SNL hasnt been this funny in a while.
http://www.nbc.com/Saturday_Night_Live/video/clips/c-span-bailout/727521/
MetalHead
10-10-2008, 04:03 PM
When I hear a person claim it is one parties fault...I just have to roll my eyes.
Everyone from the President on down to john q public taking out loans he knows he has no reasonable way to pay off in his life time are to blame.
Wrong.
I know you are smarter than that.
Do not blame the people on that one.
As you know,this world is full of con men and idiots.
They just walked thru the doors ACORN,CRA,and other crooks opened for them.All the banks did was give out the loans they were forced into giving.Then Fannie and Freddie guaranteed them and started handing out bonuses to its executives based solely on projections(or illusions if you asked me).
FACT ALERT:democrats blocked every attempt by the other party for an investigation.Bill Clinton admitted to it.
When the stuff hit the fan F&F ran out of money and could not pay the banks back the guarantees they made.
A foreclosure costs a bank an average $59,000.Do the math.
This was no accident.Corruption did this.
If you own a bar and you post a giant "Free Beer" sign,don't blame the drunks for putting you out of business.
Sasquatch
10-10-2008, 04:08 PM
Jim Cramer? The loudmouthed idiot form CNBC?
:lmao:
Carry on.
JBond
10-10-2008, 04:14 PM
Jim Cramer? The loudmouthed idiot form CNBC?
:lmao:
Carry on.
I'm surprised NBC (National Barack Channel) has not taken him out back and shot him for disloyalty to the Dems and the savior.
Sasquatch
10-10-2008, 04:19 PM
Whatever happened to the William Buckley Jr.s of the world when conservatism was intellectually respectable, culturally refined, and not so boorish?
MetalHead
10-10-2008, 04:23 PM
Jim Cramer? The loudmouthed idiot form CNBC?
:lmao:
Carry on.
You may wanna google him before making a fool of yourself again.
Go look him up.
Sasquatch
10-10-2008, 04:27 PM
You may wanna google him before making a fool of yourself again.
Go look him up.
I know Jim Cramer. I've read his books and have seen his programs. He's a blowhard.
Maikeru-sama
10-10-2008, 04:29 PM
I know Jim Cramer. I've read his books and have seen his programs. He's a blowhard.
Yeah, very informative individual and I loved him when he was on Kudlow and Cramer.
But at the end of the day, his opinion is exactly what it is...an opinion.
Speaking of Kudlow, I was watching his show the other day and alot of the financial anaylst on his show were blaming Corporate Executives for this mess.
Rack Bauer
10-10-2008, 04:29 PM
and I am a big fan of bashing bush
So am I my friend, so am I.
Oh wait, you meant George Bush?
Ah, nevermind.
Maikeru-sama
10-10-2008, 04:30 PM
So am I my friend, so am I.
Oh wait, you meant George Bush?
Ah, nevermind.
:lmao2:
MetalHead
10-10-2008, 04:37 PM
I know Jim Cramer. I've read his books and have seen his programs. He's a blowhard.
If he's a blowhard,why do you read his books?
Sasquatch
10-10-2008, 04:40 PM
If he's a blowhard,why do you read his books?
Good question. Maybe you should reflect on that a little while.
MetalHead
10-10-2008, 04:44 PM
Good question. Maybe you should reflect on that a little while.
Negative.
He became a blowhard the minute he made his statement about the Dems.
I know how you all think.
Sasquatch
10-10-2008, 04:50 PM
Negative.
He became a blowhard the minute he made his statement about the Dems.
I know how you all think.
Have you read any of his books, Artie?
Oh wait, I seem to recall from an exchange between you and Big Dakota, you're not really one to respond to direct questions are you?
Nevermind. Carry on with your monologue.
jimnabby
10-10-2008, 04:57 PM
Whatever happened to the William Buckley Jr.s of the world when conservatism was intellectually respectable, culturally refined, and not so boorish?
They're voting for Obama:
Christopher Buckley endorses Obama
Joining the steady drumbeat of conservative pundits giving up on John McCain today is Christopher Buckley (http://www.thedailybeast.com/blogs-and-stories/2008-10-10/the-conservative-case-for-obama). Unlike, say, David Brooks (http://www.nytimes.com/2008/10/10/opinion/10brooks.html) or Charles Krauthammer (http://www.washingtonpost.com/wp-dyn/content/article/2008/10/02/AR2008100203043_pf.html), Buckley doesn’t merely lament the nasty turn McCain’s campaign has taken, or predict a Republican defeat. Instead, he goes so far as actually promising to vote for Barack Obama and offering praise for the Democrat.
To demonstrate the magnitude of this heresy, a bit of background: The son of modern conservatism’s patron saint, the late William F. Buckley, Christopher remains a columnist for the National Review, his father’s magazine.
Sasquatch
10-10-2008, 05:01 PM
They're voting for Obama:
Christopher Buckley endorses Obama
Joining the steady drumbeat of conservative pundits giving up on John McCain today is Christopher Buckley (http://www.thedailybeast.com/blogs-and-stories/2008-10-10/the-conservative-case-for-obama). Unlike, say, David Brooks (http://www.nytimes.com/2008/10/10/opinion/10brooks.html) or Charles Krauthammer (http://www.washingtonpost.com/wp-dyn/content/article/2008/10/02/AR2008100203043_pf.html), Buckley doesn’t merely lament the nasty turn McCain’s campaign has taken, or predict a Republican defeat. Instead, he goes so far as actually promising to vote for Barack Obama and offering praise for the Democrat.
To demonstrate the magnitude of this heresy, a bit of background: The son of modern conservatism’s patron saint, the late William F. Buckley, Christopher remains a columnist for the National Review, his father’s magazine.
It seems that present-day conservatism has moved from the coffee table to the cave. Hopefully, another Buckley-esque figure will emerge to revive the movement and give it the intellectual respectability and sophistication that it currently lacks.
MetalHead
10-10-2008, 05:03 PM
Have you read any of his books, Artie?
Oh wait, I seem to recall from an exchange between you and Big Dakota, you're not really one to respond to direct questions are you?
Nevermind. Carry on with your monologue.
I answer questions,just not stupid ones.
Asking me if I'm a citizen is like asking you if that's you in your avatar.
Stupid and you know it.
Sasquatch
10-10-2008, 05:06 PM
I answer questions,just not stupid ones.
Asking me if I'm a citizen is like asking you if that's you in your avatar.
Stupid and you know it.
Right. You bandy about the words "stupid" and "dumb" often and yet continue to engage posters whom you so label. I guess that makes you ... complicated. ;)
MetalHead
10-10-2008, 05:09 PM
Right. You bandy about the words "stupid" and "dumb" often and yet continue to engage posters whom you so label. I guess that makes you ... complicated. ;)
I like a challenge.;)
Hoofbite
10-10-2008, 05:24 PM
When I hear a person claim it is one parties fault...I just have to roll my eyes.
Everyone from the President on down to john q public taking out loans he knows he has no reasonable way to pay off in his life time are to blame.
:hammer:
jrumann59
10-10-2008, 06:09 PM
For those of you out there that think that the consumer gets a pass, you are wrong. Is it wrong for mortgage people to try and get people to spend more then they can afford, Yeah. But every person is responsible for his or her own finances and they should know what they bring home in pay and what goes out in expenditures. My wife and I experienced this unethical practice, we were told we could afford a 700K house, my wife and knew what we wanted to pay a month about 1500. So with the equity from the house we sold we put a 100k+ down payment on a 350K house. Know what we have more house then we need, we have enough equity to ride out this mess and the payment is manageable enough that one of us can work at McDonalds if one of us gets laid off.
trickblue
10-10-2008, 06:09 PM
They're voting for Obama:
Christopher Buckley endorses Obama
Joining the steady drumbeat of conservative pundits giving up on John McCain today is Christopher Buckley (http://www.thedailybeast.com/blogs-and-stories/2008-10-10/the-conservative-case-for-obama). Unlike, say, David Brooks (http://www.nytimes.com/2008/10/10/opinion/10brooks.html) or Charles Krauthammer (http://www.washingtonpost.com/wp-dyn/content/article/2008/10/02/AR2008100203043_pf.html), Buckley doesn’t merely lament the nasty turn McCain’s campaign has taken, or predict a Republican defeat. Instead, he goes so far as actually promising to vote for Barack Obama and offering praise for the Democrat.
To demonstrate the magnitude of this heresy, a bit of background: The son of modern conservatism’s patron saint, the late William F. Buckley, Christopher remains a columnist for the National Review, his father’s magazine.
I think this is a desperate attempt to raise William F. Buckley from the grave...
He will surely rise from the depths to snatch the hair from his son's head...
Maikeru-sama
10-10-2008, 06:19 PM
For those of you out there that think that the consumer gets a pass, you are wrong. Is it wrong for mortgage people to try and get people to spend more then they can afford, Yeah. But every person is responsible for his or her own finances and they should know what they bring home in pay and what goes out in expenditures. My wife and I experienced this unethical practice, we were told we could afford a 700K house, my wife and knew what we wanted to pay a month about 1500. So with the equity from the house we sold we put a 100k+ down payment on a 350K house. Know what we have more house then we need, we have enough equity to ride out this mess and the payment is manageable enough that one of us can work at McDonalds if one of us gets laid off.
:bow:
Politicians are too afraid to tell the American people that most of the blame falls on them.
trickblue
10-10-2008, 07:05 PM
:bow:
Politicians are too afraid to tell the American people that most of the blame falls on them.
:hammer:
That is the little secret lost in this whole ordeal...
American citizens ACCEPTED loans they knew they couldn't pay for...
I don't like seeing ANYONE lose their home, but personal responsibility needs to be in play here...
Americans shouldn't be able to enter in to a contract KNOWING they can't fulfill it and expect to be bailed out by those of us who CAN...
So is my mortgage going to be an issue now? Why do I HAVE to bail them out and risk to my own mortgage...
We are in the process of moving and have to sell our home. If it doesn't sell, and we get in trouble... who will bail ME out while others are sitting in their homes they can't pay for, drinking wine and going "phew, we dodged that one"...
Maikeru-sama
10-10-2008, 07:52 PM
:hammer:
That is the little secret lost in this whole ordeal...
American citizens ACCEPTED loans they knew they couldn't pay for...
I don't like seeing ANYONE lose their home, but personal responsibility needs to be in play here...
Americans shouldn't be able to enter in to a contract KNOWING they can't fulfill it and expect to be bailed out by those of us who CAN...
So is my mortgage going to be an issue now? Why do I HAVE to bail them out and risk to my own mortgage...
We are in the process of moving and have to sell our home. If it doesn't sell, and we get in trouble... who will bail ME out while others are sitting in their homes they can't pay for, drinking wine and going "phew, we dodged that one"...
That's going to be a major challenge isn't it?
MetalHead
10-10-2008, 09:10 PM
http://www.jibjab.com/view/253615
end of thread.
trickblue
10-10-2008, 09:26 PM
That's going to be a major challenge isn't it?
Yep... sure will be...
I hope McCain is gonna buy mine out... ;)
vBulletin® v3.6.4, Copyright ©2000-2013, Jelsoft Enterprises Ltd.