'Meet the Press' Panel: Obama 'Above the Fray' in Budget Fight

April 12th, 2011 11:55 AM
During the panel discussion on Sunday's Meet the Press on NBC, host David Gregory gushed over President Obama's Friday night address to the nation on the budget deal: "The message was clear. Here he was to save the day, that it was President Obama – and he went to the Lincoln Memorial on Saturday – that he was able to rise above the fray. That's the image they want Americans to see." The…

On Verge of Tea Party Inspired Election Wave, CNBC’s Cramer Says Tea

November 2nd, 2010 8:12 PM
Assuming you’re a free-market oriented individual and you’re tuning into CNBC’s “Your Money, Your Vote” election coverage, this is probably not what you expected to hear. Anchor Carl Quintanilla asked CNBC “Mad Money” host Jim Cramer about the Tea Party movement, which by many measures is what has propelled a hugged Republican wave on election night. Video Below Fold

Cramer Plays Populist: Wall Street Execs 'Should Be on the Chilean Cop

October 13th, 2010 10:52 AM
So we’re back to this again? We’re 21 days out of the midterm elections and the media are back looking to capitalize on anti-Wall Street sentiments. On the Oct. 13 broadcast of NBC’s “Today,” host Matt Lauer referenced an Oct. 12 Wall Street Journal report to his guest, CNBC’s Jim Cramer, about Wall Street pay hitting a record $144 billion. Lauer, of course, just looked at the headline…

Jim Cramer: Gold Going to

October 5th, 2010 6:35 PM
One of the most embattled commodities over the last few years as the economy has struggled has been one of the most precious of all metals – gold. Over the last 12 months, the price of gold has appreciated considerably. But CNBC host Jim Cramer contends it is going higher – much higher. In an Oct. 5 interview for with Alix Steel, a reporter from Cramer’s website TheStreet.com, Cramer explained…

Cramer Credits CNBC-Obama Infomercial for 146-Point Dow Jones Rally

September 21st, 2010 8:31 AM
Someone's a little full of the power of his network apparently.  On Sept. 20, CNBC hosted a so-called "town hall" meeting on its network about President Barack Obama and how his administration is dealing with business issues. Obama took some criticism from participants and observers said the president was playing defense. However, CNBC's "Mad Money" host Jim Cramer had a different take on the…

Cramer: 'Mass Panic' in Markets Tomorrow After 'Shocker' GDP Released

August 26th, 2010 5:00 PM
It is a curious phenomenon - the way the media have handled the economy since President Barack Obama has taken office. Generally the coverage has been on the optimistic side over the last 18 months. But could this blind optimism come back to haunt people that trade on economic metrics? According to CNBC "Mad Money" host Jim Cramer, it will and in a big way on Aug. 27, when the new gross…

Cramer: Democrats, Not Fed Policy, to Blame for Economic Malaise

August 10th, 2010 3:58 PM
Surprise - the Federal Reserve announced it will keep the Fed funds rate between zero and 0.25 percent. OK - it's not really much of a surprise. However, Federal Reserve Chairman Ben Bernanke has responded to the slowing economic recovery with restraint, not tinkering with interest rates and showing a continued willingness to buy mortgage-backed securities and long-term Treasury bonds. And that…

The Golden Witch Hunt: Left-Wing, Mainstream Media Target Gold Adverti

July 28th, 2010 7:27 PM
Gold has been a highly valued commodity going at least as far back as the ancient Egyptian culture in 2600 BC. But now, with economic instability and uncertainty over the health of major global currencies, the demand for gold has risen as a store of value and a hedge against inflation. Over the past 12 months, the price of gold has gone up dramatically - up 25 percent from July 2009 (from $929…

Cramer Rips Federal Gov't for Congressman’s 1,000-2,000 Dow Drop Pre

June 29th, 2010 4:35 PM
On CNBC's June 29 broadcast "Power Lunch," Rep. Paul Kajorski, D-Pa. made a pretty prediction about the Dow Jones Industrial Average (DJIA) should Congress be unable to pass financial regulation legislation. [Video Available Here] "You know, I wish every one of them would ask the question and also the industry and media, what happens in this country if this bill fails?" Kanjorski said. "Do you…

CNBC's Cramer and Burnett: Could BP and Obama Have Handled Spill Bette

June 11th, 2010 5:46 PM
Reports are surfacing that BP is finally considering a suspension of its shareholder's dividend, but what could have been done differently to avert the public relations nightmare BP is facing? Two CNBC hosts had some ideas about that, and about what could have happened if BP chose not to play ball. Jim Cramer and Erin Burnett shared their thoughts on the "Stop Trading" segment of "Street…

CNBC's Cramer Predicts Goldman Sachs to Get Record-Breaking $2-3 Billi

April 26th, 2010 3:43 PM
While questions swirl about the ins and outs of the Securities and Exchange Commission charges against Goldman Sachs (NYSE:GS), and the eventual result is no clearer. According to CNBC "Mad Money" host Jim Cramer, after the release of several e-mails from Goldman traders, including Fabrice Tourre, who described the investments at the firm "like Frankenstein," the investment bank finds…

'Mad Money' Cramer: Health Care Passage 'Will Topple the Stock Market

March 19th, 2010 8:28 AM
While a vote on health care reform legislation appears to be imminent, should it pass it could have broader economic implications, even if the bill itself won't take effect for some time. As CNBC "Mad Money" host Jim Cramer predicted - if it passes, get ready to see a sell-off on Wall Street. Cramer appeared on CNBC's March 18 "The Kudlow Report," with his former broadcast partner Larry Kudlow.…

Biden Debunked: Cramer Declares Avoiding Taxes a 'Patriotic Duty

March 12th, 2010 4:55 PM
Back during the 2008 presidential campaign, then-Sen. Joe Biden, the Democratic nominee for vice president said it was "patriotic" for people to pay more taxes, in an interview on ABC's "Good Morning America." But what if you don't have to pay more taxes legally? Biden's reasoning was simplistic - that we all need to "jump in, time to be part of the deal, time to help get America out of the rut…

CNBC's Jim Cramer Challenges 'Infuriating' Pessimistic Media 'Bias

February 23rd, 2010 4:27 PM
Did you think the negative economic reporting would stop once George W. Bush was out of office and Barack Obama was in? It hasn't. Although you could argue that the press has done its best to make Obama look good despite economic troubles, as Congress debates a jobs bill and other legislation meant to improve the economy before elections in November, could the media be painting a darler…