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VIDEO: CNBC'S JIM CRAMER GOES NUTS

 
Anonymous Coward
User ID: 278564
United States
08/06/2007 09:19 PM
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VIDEO: CNBC'S JIM CRAMER GOES NUTS
This guy is a heart attack waiting to happen on the air.



All this screaming over Federal Reserve toilet paper.
Anonymous Coward
User ID: 143621
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08/06/2007 09:23 PM
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Re: VIDEO: CNBC'S JIM CRAMER GOES NUTS
Did you even understand what he was saying? This has ramifications for the global economy.

Cramer wants the Fed to lower interest rates. If this happens, the dollar will lose value. It is already losing value against the Euro and other currencies.

If it loses even more value, it could collapse entirely. And yet Cramer wishes to save those soon-to-be homeless who partook of subprime or other kinds of ARM's with rates that are now skyrocketing out of control.

The whole situation is a disaster, and although Cramer has diagnosed it correctly, there is no easy fix. In fact, from mere observation of the players involved, there will most likely be no fix applied at all.
Anonymous Coward
User ID: 278571
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08/06/2007 11:37 PM
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Re: VIDEO: CNBC'S JIM CRAMER GOES NUTS
do you think that outburst was staged? I think at most jobs, an outburst like that could get you fired. Am I right? If that outburst was staged, then why "act" outraged? what is he trying to accomplish? Maybe he's trying to help the federal reserve kill the economy?

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