Will Jon Stewart Destroy Cramer's "Career"

[Lucrum]

Quote from Pa(b)st Prime:

Where was SPX when it became apparent Obama would become President? What did SPX do the day after the election? The day after the inauguration? The day of his stimulus bill? The day after his budget?

No no Mr. Prime, you no supposa to speaka the truth here.

 

[eminitrader007]

Quote from Pa(b)st Prime:

Where was SPX when it became apparent Obama would become President? What did SPX do the day after the election? The day after the inauguration? The day of his stimulus bill? The day after his budget?

If I remember it correctly, the market went down after Bush took office too.

Let's say if the market goes up from here that'll be because of......St. Ronnie????

 

[vrtrop22]

"The Democrats forced Fannie and Freddie" this line irks me more than anything else the right wingers said. If this is truly Jimmy Carter or Bill Clintons fault these laws should have caused the mortgage implosion in the 80's or the 90's. This is so intellectually dishonest. The explosion was because these giveaway mortgages were turned into derivatives that could be packaged to others so Wall Street could escape the obligation when they would inevitably go bad. No one made mortgage companies give them to "minorities" as the right likes to claim.

 

[eminitrader007]

Quote from Pa(b)st Prime:

As I blogged the other day:

"The bit is funny but Stewart is a tool of the left. What's been the bigger catalyst for meltdown the past year-the rise of Obama or CNBC? While CNBC may be inept in reporting let alone anticipating events, it's Leftest media douchebags like Stewart who are the CAUSE of the implosion. This would be like a German comedian endorsing Hitler but then blaming the press for inadequately warning the Jews...

P.S. I could add Cramer to the douchebag list too but certainly not Santelli who was Stewart's primary target.
Gee come to think of it Stewart and Cramer have a few things in common, eh?

It's just not Stewart but the whole Hollywood is liberal biased. You can see it in the awards show. Stewart and Colbert win awards for doing fake news and Fox News does not even get nominated.

 

[eminitrader007]

Quote from vrtrop22:

"The Democrats forced Fannie and Freddie" this line irks me more than anything else the right wingers said. If this is truly Jimmy Carter or Bill Clintons fault these laws should have caused the mortgage implosion in the 80's or the 90's. This is so intellectually dishonest. The explosion was because these giveaway mortgages were turned into derivatives that could be packaged to others so Wall Street could escape the obligation when they would inevitably go bad. No one made mortgage companies give them to "minorities" as the right likes to claim.

They still think that we were doing well in the mid-late 90s because of Reagan and they some how forget that there was another president after Reagan.

 

[Mup]

FOX's Bill Oreilly's got a segway coming up about Stewart and Cramer :eek:

 

[Pa(b)st Prime]

Quote from eminitrader007:

If I remember it correctly, the market went down after Bush took office too.

Let's say if the market goes up from here that'll be because of......St. Ronnie????

No it'll be because Bernanke is successful pulling the same asset inflation rabbit as Greenspan- who was a Reagan appointee.

And as 8000 readers know-I got long for the first time this year on Friday. I expect the low of the year to be in. Do I expect that low to perma hold? Nope. I expect an unemployment rate in the low teens by Q4 2010....

 

[Pa(b)st Prime]

Quote from eminitrader007:

They still think that we were doing well in the mid-late 90s because of Reagan and they some how forget that there was another president after Reagan.

What did stocks and real estate do the first two years of Clinton before the GOP took control of Congress?

 

[Pa(b)st Prime]

What's Robert Rubin been doing for a living the past ten years?

Quote from vrtrop22:

"The Democrats forced Fannie and Freddie" this line irks me more than anything else the right wingers said. If this is truly Jimmy Carter or Bill Clintons fault these laws should have caused the mortgage implosion in the 80's or the 90's. This is so intellectually dishonest. The explosion was because these giveaway mortgages were turned into derivatives that could be packaged to others so Wall Street could escape the obligation when they would inevitably go bad. No one made mortgage companies give them to "minorities" as the right likes to claim.

 

[eminitrader007]

Quote from Pa(b)st Prime:

No it'll be because Bernanke is successful pulling the same asset inflation rabbit as Greenspan- who was a Reagan appointee.

And as 8000 readers know-I got long for the first time this year on Friday. I expect the low of the year to be in. Do I expect that low to perma hold? Nope. I expect an unemployment rate in the low teens by Q4 2010....

I am not arguing about your trading skills and experience (I was in grade school when you started trading in 82). To be honest I have enjoyed your trading related articles but I disagree that Obama is to be blamed for this mess we are in. When Reagan and Bush 1 and 2 ran huge deficits and increased the size of the government it was fine and when the liberals do it then everyone on the right has a problem.