Cramer's 'Rant'

Jim Kolman Beloit, Wi. — Tue, 07 Aug 2007 19:20:58 GMT

The guy acts like some kind of impulsive moron. 3 weeks ago he was singing the prises of the 14,000 mark and invest in this and invest in that. How fickle can you get. Especially when anybody with half a brain knows there will be some kind of spillover from the housing markets. If I was him I would walk around with a bag over my head.

Cramer's 'Rant'

sandy in New Mexico — Tue, 07 Aug 2007 19:29:16 GMT

To me, TV has become the land of personalities and commercials; and it rarely seems that anyone on TV actually believes the old motto "an educated consumer" is our most important product. Kids are being taught that it is cool to be opinionated and have emotional outbursts -- and I do not see than they, or their adult models offer much in the way of brain power.

Cramer's 'Rant'

Theresa, Melbourne, FL — Tue, 07 Aug 2007 19:38:54 GMT

Here, here, Mr Oppenheim; the latter! From my view, Cramer's passion is a manifistation of his connection and concern as to what happens to guy on the street; not only the guy in the Limo. His energy is tied up with his desire to help the average Joe. This is what seperates Cramer from the majority of the others we hear from, whose intentions are to help themselves by helping the group they represent.

Cramer's 'Rant'

John, PIttsburgh PA — Tue, 07 Aug 2007 19:47:33 GMT

I love Cramer. I have no serious investments and have no real interest in following the market, but I find his show very entertaining. He truly comes across as passionate and genuine, which is why young people really like his show.

Cramer's 'Rant'

Diane, Savannah, Georgia — Tue, 07 Aug 2007 20:03:30 GMT

Is it time to buy Gold?

Cramer's 'Rant'

OC, Phoenix, AZ — Tue, 07 Aug 2007 20:07:37 GMT

I like Cramer, but instead of screaming at Ben Bernanke, maybe he should be screaming at the predatory lendors that offered these sub-prime loans. Or maybe he should be screaming at the fund managers that purchased these packaged loans and put investors money in them. As far as the guys losing their jobs....Who cares if a rich man loses his job? Not me. Honestly, I find it quite humorous that the poor have caused such turmoil in the wallets of the rich.

Cramer's 'Rant'

Jeanette Daniels, Indianapolis, IN — Tue, 07 Aug 2007 20:29:15 GMT

I have been in the mortgage business for 15 years and Cramer is right on the money. The Fed needs to get in touch with reality and realize with the local government increase in property taxes and the federal government increase in interest rates and income tax, it has become homeowners in the top 10% of the income bracket and 90% (middle and lower income) HOMELESS!!!

Cramer's 'Rant'

ken glemby Westwood .N>J> — Tue, 07 Aug 2007 20:30:03 GMT

I wish Cramer was less emotional and a bit more clear
in his presentation. For me he is as tough to listen to as a blaring punk rock band. When he is speaking to
professional groups he stars and is a pleasure to hear. When he screams (acting ?) on TV I must use the
channel changer.I lose what HE IS TRYING TO SAY.

Cramer's 'Rant'

Pierce, Millbrook, NY — Tue, 07 Aug 2007 20:40:07 GMT

Regardless of what you think of Cramer, his attack on Bernanke is not without merit. The Fed looks at historical (i.e. old) data and only takes action when things have already gone in the wrong direction. The primary tool at its disposal is to adjust interest rates, the effects of which significantly lag the action. Shouldn't these guys start to anticipate and take action early enough to actually have a pre-emptive effect?

Cramer's 'Rant'

JK — Tue, 07 Aug 2007 20:41:00 GMT

The fed needs to get a reality check! The problem that Cramer is speaking of was not "caused" soley by the sub prime lenders. Granted, I disagreed with launching a mortgage product onto the market that promotes lending to persons who have never paid a bill on time, don't care that their credit is in the toliet and feel it is their god given right to "own" a home at any cost. Well folks, you are witnessing the cost!! The feds have the power to clean up the mess that we have "all" contributed to. The problem with the current housing/mortgage market comes from multiple sources, not just the lenders. Many mortgage lenders such as myself have been in the business 20+ years and are respectable providers of solid products. And FYI... doesn't the consumer have any responsibility for anything anymore??? And it;s not the poor causing turmoil in the pockets of the rich, it's the "I don't take responsibility for anthing" consumers causing turmoil for all!

Cramer's 'Rant'

Stonewall — Tue, 07 Aug 2007 20:48:40 GMT

I have seen Cramer occasionally, along with other financial talking heads like Neil Cavuto. Neil Cavuto was the principal cheerleader of the tech bubble, and I remember his comments about it when the slide started, to the effect that if someone doesnt do something, people will be jumping out of windows.

He went away, and has been replaced by Cramer. These guys perform a vital function: to get people to send their money to Wall street. Bad news is not allowed, and if there is genuine bad news, then the government had better step in and loosen up the money supply to get the good news, and the cash, flowing again. Stupid people who make stupid financial decisions lose money, or at least they should, if the alternative is a (taxpayer-funded) government bailout, or an inflationary "opening of the discount window". These imposed solutions cost ME money, penalizing me for prudent decision-making, and rewarding bad decision making. Guess what, in a free market, that engenders? Less prudent decision-making, and more bad decision-making. Rant away you chump.

Cramer's 'Rant'

Ken Campbell O'Fallon, Illinois — Tue, 07 Aug 2007 20:56:58 GMT

I am a fan of Jim Cramer. His approach might be a bit unorthodox but you certainly will not go to sleep on his show. What would you rather have someone who smoozes you with their real slick teflon approach that takes your money loses most of it for you and you never know what hits you. Or someone who's passionately attempting to teach you how to lookout for yourself? And oh by the way if you do it correctly you might just get rich. What's more once you are successful you can teach your kids how to do the same thing. Relax up there in Wisconsin. If you don't like how Cramer teaches, you can always not tune into the classroom.

Cramer's 'Rant'

Tony Jackovich, Round Pond, Maine — Tue, 07 Aug 2007 21:47:30 GMT

Cramer Who?.....I'm an octogenarian trader and don't
listen to anyone. I would suggest any of you newbies
to learn how to trade by making your own mistakes and
not listen to the Arm-Waving Bubbleonians like (who?)
Cramer....probably an advocate of Al Greenback..Sorry
Easy Al Greenspan.

Cramer's 'Rant'

jeff betsill brooks Ga. — Wed, 08 Aug 2007 01:10:07 GMT

i do not know who Mr. Cramer is, sorry to say i do not watch a lot of t.v. I am spending most of my time these days working to keep my new home construction company (of thirty years)from going down the drain.The fed. needs to realize that the housing market is in the worst shape that it has been in thirty years . I was glad to see someone on national t.v. finaly speak to the problems that are real and will have a huge effect on the economy . I just had to lay off another very loyal employee .

Cramer's 'Rant'

thor — Wed, 08 Aug 2007 01:21:07 GMT

To lower the interest rate would imply a dollar devaluation, i.e., the housing debt paid by *all* the US people. I think that the key point of Mr Bernanke is to protect the US economic basis, having the 2002..2007 subprime home buyers as economic "collateral victims" (I suspect that he chooses to save the 90% of the population, while sacrificing a 10%).

P.S. I'm from Spain (Europe), and we also are having big troubles with the mortgages and the interest rates. Here, the people who will have problems are also into the 2002..2007 interval (interest rates are rising in Europe).

Cramer's 'Rant'

Greg, Dallas, TX — Wed, 08 Aug 2007 01:26:08 GMT

Jim Cramer is very good at what he does: hold your attention and makes controversial statements. So, I compare him to people like Rosie O'Donnell and Bill O'Reillly and Rush Limbaugh. All entertainers who are simply good at what they do, and are good at increasing ratings and drawing advertising dollars and making a good salary for themselves. Good for them! However, Jim Cramer's advise on money is no more valid that Rosie O'Donnells thoughts that a conspiracy in the U.S. caused 9/11. Let's remember, everyone, that Jim Cramer is an entertainer, no more and no less.

Cramer's 'Rant'

Monty Choate, Wichita Falls, TX — Wed, 08 Aug 2007 02:09:14 GMT

What has come of our society? It is to the point that no man can have passion and conviction. Every time someone exhibits a little boundless enthusiasm, they are convicted of ranting. If one is not staid and restrained to the point of being a politically correct moron he/she is not suppose to grace the airwaves. I love what the man is doing. If you don't like his message find some old Louis Rukeyser video and enjoy. Nothing was wrong with Mr. Rukeyser, but he sure was staid/stoic and had no chance of appealing to the masses.

Cramer's 'Rant'

Brian Sarasota, FL — Wed, 08 Aug 2007 02:32:26 GMT

Despite his theatrical delivery Cramer makes a lot of sense. He made one comment that struck me hard and hits my argument directly during many conversations I have concerning the US and our economy in general. Make no mistake our government is "pi_ _ ing away our money. If we pumped only 1/4 on the money we've spent on this war thus far back to the American people, just imagine how much better things would be. The world looks to us for help and to always lend aid. Folks you can't help anyone until you help yourself. If you're not strong and secure than how can you effectively help anyone. Billions and Billions and Billions of our (the American people's)hard earned money is going towards an investment that (rest assured) will have no return to us. That Alfred E. Neuman look alike that we call our commander and chief has let us down. I can't wait until January 2008. I wish all Americans that are hurting now all the best and my hopes are that you'll be able to wait it out.

Cramer's 'Rant'

Leo B. Leclerc Springvale, Maine. — Wed, 08 Aug 2007 04:17:08 GMT

Jim is o.k....He does get carried away once in a while...the listeneris assumed to be capable of weighing the issues, and set his/her own course.

Cramer's comments about drinking cheap scotch(Johnny Walker Red) while sitting on the linoleum are "high school juvenile stuff" and do nothing to inspire his more mature,not age-wise, audience.

I agree that Jim is sincere and learn from him.

Cramer's 'Rant'

Lance Vedder, New Mexico — Wed, 08 Aug 2007 13:54:09 GMT

Cramer entertains me. I've bitten on a few of his recommendations which didn't turnout. Chalk that up to education! As for his assault on Mr. Bernanke I feel it's unfounded. The Real estate/Mortgage situation, in my opinion, is nothing more than a result of unabashed GREED period. It all started with the system coming up with methods which allowed folks with nothing to have "something". They, all of em builders, realestate folks,mortgagers, bankers, backers and insurance co's, built that tremendous house of cards which finally collapsed and the shame of it all the CEO's and leaders of those mentioned all got bonuses while it was happening. Kinda reminds me of ENRON, too bad, so sad should have been more responsible.

Don't go asking for the taxpayer to bail you out on this one - no way....

Cramer's 'Rant'

D1ng — Fri, 12 Oct 2007 07:44:08 GMT

what the poor guy really meant to say was ...

"I've invested my life's savings in this market. The ski chalet, the BMW, the private schools ... it will all go down the drain if the Fed doesn't cut rates now. What do you mean I should have understood the risks I was taking? not fair .... mommmmmmyyyyyyy!!!!!!"