You know when the liberal host of MSNBC’s “Hardball,” Chris Matthews, paints a grim picture of a Hillary Clinton presidency for investors on a financial show, things must be pretty dismal. (See video here.)
“I know that most people are very fearful of Hillary being elected,” Jim Cramer said to Matthews on the October 29 “Mad Money.”
“Well, they ought to be fearful,” Matthews responded. “Democrats raise taxes and Hillary already said she's going to repeal the Bush tax cuts. The Republicans start this election with their hole card, the ace showing – they’re going to keep taxes lower. That’s always a big plus for Republicans.”
Matthews also compared politics to business, making the analogy that paying debts was what occurred when newly-elected Speaker of the House Nancy Pelosi (D-Calif.) supported Rep. Jack Murtha’s (D-Pa.) failed attempt to win the House Majority Leader seat in January – conjuring up memories of Murtha being an unindicted co-conspirator in the “Abscam” investigation of the late 1970s and 1980.
“You have to understand how you got the job and you got to remember your supply line and one thing Pelosi does since her father was mayor of Baltimore all those years is remember your favors list. Those are the people who put you there and make sure they're paid off and kept happy. That's what she did when she took the side of Jack Murtha in that leadership fight earlier this year. Sure Murtha lost, but everybody saw