HILLARY CLINTON ON JIM CRAMER'S MAD MONEY
I could not believe my eyes when I turned on the television today to see Hillary Clinton on the Mad Money television show. Lets see what she had to say:
"In response to the sub-prime mortgage crisis, Clinton advocated giving regulatory agencies such as the Securities and Exchange Commission greater enforcement powers."
"Clinton also said the Federal Reserve needs additional oversight authority to navigate the "dangerous and choppy" waters of a troubled economy. "
http://www.thestreet.com/story/1041...one-with-sen-hillary-clinton.html?puc=btlhome
I could not believe that Hillary Clinton was advocating greater enforcement powers on a show where the host demonstrates weekly that there is an obvious need to have himself investigated by the SEC. Jim Cramer sits there in front of interviewers bragging about how he used to manipulate the market at his hedge fund and now he brings on a Presidential candidate talking about greater enforcement powers by the SEC.
I cannot make this up. It is so laughable.
Now lets take a look at one of Cramers other great calls. Mind you, I can no longer locate this archived piece on CNBC or Cramer's Thestreet.com and had to turn to SeekingAlpha which has righteously saved Cramer's speech for us to review and ponder:
http://seekingalpha.com/article/523...ney-in-depth-10-31-07-welcome-to-the-rate-cut
"Cramer says investors are âoverthinking this stock marketâ worrying about overvalued names and should just invest in companies that will make them money. "There is a huge wall of money rolling at us courtesy of the Fed and it doesn't pay to over-think it," Cramer said. "In fact it pays to not to over-think it." He reassured investors not to worry about high oil prices and to cash in. Also, alternative energy, infrastructure, fertilizer and China stocks are going higher; "Go buy some Google and Baidu,â Cramer said. "Welcome to rate cut.""
Well well well, since Cramers call to buy Bidu, the stock has been cut in half.
Hillary? Why oh why did you choose to be on this man's show talking about regulation and enforcement???