RSSCNBC’s Jim Cramer Calls Obama an Amateur on the Economy … “It’s Amateur Hour at Our Darkest Moment” … The Empire Strikes Back
CHANGE WE CAN NOT LIVE WITH …
CNBC’s Jim Cramer, yet another financial critic of President Obama and his failed 
economic policies that have further harmed the markets and the US economy. However, how dare you criticize the Obama White House for anything as you will be attacked in kind. How can everyone else see that Obama’s socialist agenda is destroying the American economy, but Obama? Maybe, it is on purpose?
“Until they realize that their agenda is destroying the life savings of millions of Americans, then all I can give you is caution… I’m not saying Mr. President go stare at the Bloomberg quote machine and come to your senses. I just want some sign that Obama realizes the market is totally falling apart and that his agenda has a big hand in that happening. I don’t know about you but I felt it everywhere I went this weekend… A young kid took me aside. He said I was right when I said we’ve elected a Leninist… I felt the total lack of control we all feel right now, the, “It’s out of my hands but where’s the authority?” The, “Hey it’s amateur hour at our darkest moment.”
Jim Kramer
CNBC host of “Mad Money”
March 3, 2009
Promises of Hope … How about some truth from Jim Cramer
The Empire Strikes Back proving they are amatures. Obama Press Secretary Robert Gibbs makes some pretty classless and amateur comments of his own (see video). The size of the audience makes a difference as to the opinion that Cramer has on Obama’s economic policy? All one has to do is take a look at the markets since Obama became President and the Pork Barrel Stimulus bill was passed to see the adverse effect.
When pressed further by Costello, Gibbs said, “If you turn on a certain program it’s geared to a very small audience. No offense to my good friends, or friend at CNBC. But the President has to look out for the broader economy and the broader population.”
It appears that we are not the only one’s who noticed the smallness and lack of class out of the Obama Administration. The Gateway Pundit adds, “Nice job, Robert.
…Attack the NBC host for his audience size. Classy”. Also, Obama has already lost more jobs that 9–11 attack. The “not ready for prime time” Obama Administration seems to be having an issue with the MSM, the very people who gave him a pass and refused to ask the tough questions during the primaries and general election.
Posted March 4, 2009 by Scared Monkeys Barack Obama, Economy, Media, Obamanation, Politics, Socialism, WTF | 51 comments |
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51 Responses to “CNBC’s Jim Cramer Calls Obama an Amateur on the Economy … “It’s Amateur Hour at Our Darkest Moment” … The Empire Strikes Back”
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NBC will CAN Cramer’s shows soon.
Iam still steaming over AIG ballout for the third time!
“Chapter 11″
GM
“Chapter 11″
Bad Banks
“Chapter 11″
I can’t access the video in the post. Could someone please fix this? TIA.
________
SM: Video is fine
Super Dave,
Kenia is kinda f***ed up. To many tribal crap (remember last election).
Been there 3 times, great country, nice ppl,
f***ed up and corrupt goverment
the story of Africa in a nutshell
Those joblosses were already taking place under Bush.
Obama is almost powerless (Bush was also)
__________
SM: If Obama is powerless then why is he putting us into disasterous debt?
He thinks he can fix it all.
R
btw. you cannot blame Obama (or Bush) on the stockmarket crash.
obama boy is not even able to speak for himself so he has robert gibbs to embarras himself. obama should barter his way back to kenya where he is liked by at least a few people.
Red that is a scary thought !!! obama thinks
God I hate this %$**@) some one please make him or it show us a birth certificate !!!
Here is a video of obama admitting he is muslim
http://www.suntimes.com/news/politics/obama/1150540,CST-NWS-faith08.article
Red,
the debt was already disasterous and getting worse.
Hopefully (but doubtfull) we all learn our lesson from the whole episode.
#8, Now it’s the same in the US.
Still haunting to this day, and even more so than ever; “Don’t you think it’s good for everyone if you spread the wealth around a little”
BO to “Joe the Plumber”
From your favorite rag the WSJ
“Obama’s high marks
In the survey, 68 percent have a favorable opinion of the president, including 47 percent whose opinion is “very positive” — both all-time highs for Obama in the poll. Moreover, 67 percent say they feel more hopeful about his leadership and 60 percent approve of his job in the White House.”
Oh the humanity of it all. Please gnash your teeth while the super majority of this country approves of the direction for the country that the President is trying to set. Please please bring out that October Rasmussen poll to show how 58% feel otherwise.
The problem with Obama’s agenda for the likes of Cramer and his buddies whose irrational investing got us into this place, is that Obama is pulling the plug on their greed. Their gravy train is over. Oh the humanity of it all.
Oh and by the way, how many of you made money on Cramer’s stock picks while the Dow dropped from 14,000 in 2007 to approximately 8000 in January 2009 before the inauguration . Guess Cramer forgot to make you all millionaires before the bottom fell out eh??
btw. a serious question:
how are all of you affected by this crisis?
for me its kinda strange (going to get a permanent contract with a pay increase, wife is also looking at a promotion), my friends also seem to be safe.
I know that our economic numbers are not as bad as over in the US, but still (they expect several issues later this year (US is our no.2 trading partner).
Needless to say that i hope all of you are doing ok.
Dolf: Actually this is not about Bush or Obama; it’s about spending money that doesn’t exist. It’s about an out of control government.
The same ones that are screaming about O right now are the same ones that were screaming about Bush for the last year or two of his presidency. It’s like everyone in the government has gone absolute loony toons.
And yes, under Bush the last few months, the debt was out of control. Now explain to us how it’s “hope and change” for O to come in and show us that we ain’t seen nothing yet! A $3.6 Trillion budget for 2009? That budget alone quadruples the already outrageous debt of the USA.
I’ve said it before and I’ll say it again – how nutty is it to think that you can spend your way out of debt? Has it ever worked for anyone? NO! And it won’t work now even if you are stupid enough to think O is the messiah.
dolf i know kenya is f#$%^d
up. i saw the bastards dragging our flag in the dirt and it amazes me that half of america voted one of them into the white house.
democrats embrace criminals, smear artists, and attack patriots.
of course most of his votes were bought and money collected illegally along with acorn securing votes from the deceased and voters allowed to vote more than once.
There is little hope Obama will lead us out of this; he is making it worse, much worse…
.. but so is Cramer and all the other talking heads. The stock market and the economy has always reacted to news and the way it is reported in the media. When we start talking about things getting bad it becomes a self-fulfilling prophesy. Last October Cramer himself recommended that individual investors stay out of the stock market if they were going to need their money in the next 5 years. The stock market went down within a few days and then there was discussion on TV as to whether his comments had contributed. Of course, he made a joke out of it saying he didn’t have that much influence. By himself, he may not, but as his comments are reported and repeated perhaps they do.
We have a problem right now of consumer confidence. Everyone is afraid they are going to wind up jobless or broke, or both, so they curtail spending. We begin to eat out less, cut unnecessary spending, etc. to protect ourselves. On an individual basis we have little impact, but collectively we are bringing the house of cards down.
The solution then would seem to be that we should all go on a spending spree to bolster sales, production and jobs. Up, up, up we go in an upward spiral! Except that is what we have been doing for years. Consumers have been spending money (much of it on credit) and that has fueled our rocketing expansion, but now the rocket has run out of gas and is falling back to Earth.
Since consumers can’t (or don’t have the confidence) to go further into debt, the economy will shrink to make a much needed adjustment. It will be very painful for most of us.
But wait! The governemnt can fix this! How? By spending money that it doesn’t have (by taking it from the people who don’t have it). So the economy tries to grow bigger on more debt (a bigger house of cards), but at some point, when the debt becomes too much, the whole system fails.
It doesn’t seem to matter these days. You have the Fat Ass Rush running around wishing the Obama policies to fail and it’s not even been 2 months since he took office. I think the G.O.P is scared that when things turn around..which they will..they will have no chance in the next elections. With their 26% approval rating..they don’t have much more to gain other than bashing an administration that JUST STARTED. Had we done that to Bush when he took office with the surplus he had..then ending up leaving everyone in the puddle of crap he did…you guys would be crying your eyes out. I’m not agreeing with every change Obama has offered..the bailouts…etc..but crap give the dude a chance. Offer up something other than the same old crap…blah blah blah.
As I’ve said before..NO One Knows what to do other than to bash each other..twiddle their thumbs and hope US Americans will do something to get this economy rollling. We are the ones that can fix thiings..not the idiots in Washington..deomocrats and republicans…they just seem to make it worse.
what obama is looking for is total control of our country. keep giving him inches and he will take miles. it’s their way to take and not repay.
how are americans going to get the economy rolling when they are losing houses, cars, and not making ends meet. surely obama could put this money to better use than to just give to the greedy fat cats so they can get millions in bonuses. how are people going to borrow money when they can’t pay their bills now ? and to hire as many as 250,000 more employees to run the government is ridiculous. he guaranteed us that he would not expand government and it was the very first thing he did. the guy is a total liar/politician one in the same.
I think Obongo should pack his bags and give kenya a shot I think he would be a great president for them
Pat, thanks for trying to be balanced. Also there should be a recognition and you have done that, that we relied in part on a consumer demand driven economy. If consumers and businesses are too frightened to provide the grease that gets the wheels turning, then the next biggest spending entity is the Federal Government. Hoover recommended a voluntary business/government axis to get the wheel turning and that does not work. Will there be adjustments in our spending habits, absolutely, and for the better but the economy cannot be allowed to grind to a halt because someone is afraid to take the first step.
To Katablog,
As far as spending money to get out of debt. . . you may not have ever tried to open a business. I have. The rent, the phones, the help, the advertising, the office supplies all had to be secured prior to a client base. The first few months were lean but I absolutely have spent my way out of debt. Credit, for businesses for citizens and for the government make the wheels turn round.
I hate to say it… but you know me, I always
go on to do it anyway!
I am starting to miss the days when the U.S.
President got his pole smoked in the White House… as opposed to what is taking place
now… sucking off other Heads of State.
Helen Thomas should whip out her evil grandma hair pin and poke that insufferable jackass Gordon Brown right in da tushie and watch all the hot air deflate right out of that windbag.
Where I come from, we call what is going on:
“Douchebaggery”
Hey God save the Queen, Gordon… you know you love that dirty conniving little bitch! I bet
you wish you could drop kick her ass right off
the back of the RMS QE2.
LMAO @ buster
By Sumeet Desai WASHINGTON (Reuters) – The United States should seize the moment and lead the world out of recession but other countries need to do their bit too, British Prime Minister Gordon Brown told US lawmakers on Wednesday.
….
Define “their bit”, Gordon.
Ya friggin’ loser.
Obama is just using Voodoo Economics like George Bush 41 was accused of by the Clinton Campaign. But I guess if we call it that we are Racist and Bigots. However, that is what it is; you cannot spend or borrower yourself out of debt.
RE: Gibbs said, “If you turn on a certain program it’s geared to a very small audience. No offense to my good friends, or friend at CNBC. But the President has to look out for the broader economy and the broader population.”
Gibbs and Obama better be paying attention to that “small audience” because it likely consists of many of the top 5% of wage earners who pay 60% of the taxes collected in this country!!!
Like parrots you guys are. Cannot borrow and spend out of debt, cannot borrow and spend out of debt brawk brawk. But there’s a little story about a company called Chrysler. Ancient history maybe to you guys.
. . . Iacocca took over Chrysler and it was teetering on bankruptcy. He got 1.5 billion in government loan guarantees and got private financing for another 1.5 billion. He cut costs, developed new lines of cars (the minivan anyone) and was able to pay back the loans early. What is wrong with you folks . You act as if the wheel is being reinvented . It is not . Government deficit spending has been done before (See the Reagan and GHW Bush years when Uncle Ronnie proved deficits don’t matter according to Uncle Dick)
The sky is not falling because the government spends money or guarantees loans.
Jim Cramer is slammed for telling the truth. This is not a surprise. We live in a time where it is good to tell a lie and tacky to tell the truth. I hope CNBC employs more people like Jim. I will watch him from now on.
Wolf:
You better believe many of us hope that O’s policies fail! And at least you, unlike much of the MSM got it right; it’s the policies we want to fail, not the man. Many of use don’t give a wit about the man; but we do care what he’s doing to our country.
You see, many Americans love America as the free capitalist country it has been since its birth. We do not want to become socialists! So if that makes us bad in your eyes – okay, we’re bad, but we are patriotic.
Seneca your just so smart I am impressed. If Chrysler did so damn well then why are they in the shape they are in now. And what happened to all those jobs that were “grown” by Billy Boy Clinton. The truth is the infrastructure needs to be updated, repaired , etc. true enough. However infrastructure is a liability and produces nothing as far as goods. With the exception of jobs that produce income and support themselves then nothing the federal government spends our tax dollars on in the line of jobs will last.
The fact is you Dumby Craps complained and complained about George Bush’s spending and now you are telling us you will spend us out of debt. Seems to me it is OK when you clowns and your fellow Dumby Craps want to tax and spend, but it only works for you. The fact is it does not work and it has never worked. You can cover the financial reality for a short time but it will come back and bite your BUTT. Even if President Obama creates 500,000 jobs with our tax money it will take many generations for our children and their childrens children to pay the debt back.
I worked for the Federal Government for over thirty five years and believe me you don’t know the waste that exist there. I retired when it became so obvious to me that all we were doing was pissing away tax payers money and nobody that got money from us was ever going to pay it back or be expected to pay it back. You are living in a Valley of Ignorance and believe me Ignorance is Not Bliss.
Regards,
A Former Dumby Crap of 38 Years
Penni and others: you bet. This is what politicians do best and I see it more on the liberal side. Instead of talking to the message, they attack the person. Any time you see a person being demonized, you know that the attacker can’t attack the message.
To think that closest advisers of the US President spend their time having morning strategy sessions with the MSM in order to get their talking points straight and decide which private citizen to attack for the day should make everyone absolutely sick. What is this? High school?
Apparently freedom of speech will now get these “hit men” on your tail if you dare to speak out against “the one”.
The reason you trust your Airline Pilot is because
he/she is in the airplane with you. The pilot will
do everything for your safe trip because he has
an investment in the outcome. It’s kind of a win-win
situation.
Barry is tending to be in the game for the furthering
of himself and his associates. His cavalier spending
fiasco only serves Government growth rather than
the needs of America itself (not government). The
Constitution contains provisions/remedies for
persons or groups that seek to destroy our way
of being. Founding Fathers foresaw the effect
Power and Greed team up to produce.
Good to ‘hit the brakes and shift to lower gears’
to mitigate this downhill MOMO before it tears
us up.
Whoa, you son of a gun!
Super Dave, you are talking about Somalie.
Kenia isn’t really pro or anti US
and btw Obama is a US citizen not a Kenian.
also I would think that you would like the fact that somebody who is not from a privi family (Kennedy, Bush, Kerry, McCain) got to be president…isn’t that the American dream?
Once again why are we even entertaining this pee brain from Amsterdam who is preaching to us about our economy and our American political system?
You might want to check out Glenn Beck on FoxNews at 5pm EST. Beck’s opinions are contrarian to say the least, as are those of many of his guests. But as already mentioned, many don’t want to hear these opinions, because they take away that ‘feel good’ endorphin rush that Obambi gives his followers that gets them through the day.
we have no proof of obama’s citizenship. and before the election, kenyans were dragging our flag in the dirt .
as far as i’m concerned , obama is not a citizen without a stamped certificate. when my birth certificate is requested, i must present a stamped original document. what makes obama different ?
no, no US flag dragging in Kenia, they are glad to the tourists comming.
again Somalie, Jemen are the countries you are talking about.
and do you really think that the Clinton camp didn’t look into the birth certificate thing in the election?
#35 Dolf
You sir, have no clue what you are talking about. It was posted all over the internet & on television, it was in Kenya they were dragging our flag through the dirt. Pay attention! Obama has not released his records regarding his citizenship. As Super Dave stated: What makes Obama any different than the rest of us who have to present a valid certified birth certificate as proof of citizenship? All the other candidates released theirs. He refuses, what is he hiding?
Why are you even trying to discuss anything going on in our country? You do not live here and you obviously haven’t a clue what you’re talking about.
Dolf how do you know obongo is a US citizen ??? He never showed a birth certificate and was born in Kenya
lol@Michelle
most US citizen can’t even find Kenia on a map.
and again…don’t you think the Clinton family would have used that stick on Obama?
or are you also still believing he is a Muslim
and complaining about that guy in his old CHURCH
obama is hiding his true intentions until he has his criminal gang gathered.
he has broken every rule of of the political game since he started his presidential race. blacks don’t care if he destroys America because they now have a token brotha as president and will follow him blindly regardless of his intentions.
in my opinion, if he was an honest man, he would have presented a legal document and not had his certificate locked in hawaii with no access.
he is not a citizen and could very well be the evil one of bible prophecy. i don’t believe any thing he has to say or do and do not recognize him as my president .
Seneca: Yes, I have and do operate a small business. One might go into debt with a plan for generating revenue. But there is no viable plan to generate revenue by the US government. Planning to tax businesses is NOT a revenue generator. Look at history – raise taxes and productivity and revenue goes down. Studying the smell of pigs is not going to generate revenue. Building government buildings and stock them with first class furniture and drapes does not generate revenue. You simply don’t get it. I feel sorry for you. BTW, might as well close that business because you won’t be able to afford to keep it open within 1 year.
#38 Dolf
The point is, he has not shown proof of citizenship. It has nothing to do with whether the Clintons did or did not challenge the fact.
It’s spelled Kenya okay. So what if most Americans can or can not find it on a map, that does not change the fact that they were dragging our flag through the dirt.
Why don’t you crawl back under your rock. You really have no clue what you are posting.
man i sure hope i can get one of those jobs studying volcanos or even studying the smell of pig shit. hell, you can smell pig shit right there in the white house because there is plenty of pork going around.
muslim terrorists have claimed they would paint the white house black. looks like they got their wish.
dolf, look at who puts in time helping the poor in africa. it’s white people giving their time and money while the supposed african american does nothing and could not survive one week in africa.
and i’m not talking about some rich actor going over there and adopting a child or giving a small amount of their millions or a box of basketballs given by some millionaire athlete.
And I just got done watching video archives of Cramer “the professional” denying banks and Wall Street were imploding and advising everyone to “BUY, BUY, BUY” . . . guess he didn’t read GW’s own appointee’s in the Treasury Department annual audit report (the Russians read) posted at http://www.whitehouse.org . . that TWO YEARS AGO stated “IT WILL TAKE ONE HUNDRED YEARS TO REPAIR THE ECONOMY . . due to hidden costs of wars, the corruption, the spending, the rape and pillage of Federal agnecy budgets by appointees….”on and on and on.
But REAL American’s read the work products of the tax dollars when they are issued by our temp. employees in the White House . . . we’ll assume Cramer and all the fist-pumping minions for the “it’s only numbers” President aren’t “REAL” Americans who bother to read their government’s reports.
“The point is, he has not shown proof of citizenship.”
Yes he has Michelle, you just choose to be a follower of the 9/11 Truthers. You are a “Birther”. Same exact people that believe Bush and the federal govt was behind 9/11 believe the “Birther” idiocy.
As PolitiFact points out, “It IS possible that Obama conspired his way to the precipice of the world’s biggest job, involving a vast network of people and government agencies over decades of lies. Anything’s possible. But step back and look at the overwhelming evidence to the contrary and your sense of what’s reasonable has to take over.”
I have a feeling you “Birthers/9-11 Truthers” have no sense of what’s reasonable.
How’s the tinfoil hat fittin’ today Birthers/9-11 Truthers? Morons.
Classic!
We are being lectured to about not being able
to find Kenya on a map… by a feller who spells
Yemen – Jemen
Somalia – Somalie
and Kenya – Kenia
Now,
Please excuse me while I go to Mapquest
and attempt to locate some countries SUCH AS
“The Africa” and “The Iraq and Stuff”
#45 YoYo
No, he has not. As I have stated before, I do not believe in the 9/11 truthers crap. But you refuse to listen so I will say it once again. Where is Obama’s certified original vault copy of his birth certificate? He has yet to prove his citizenship.
I do not and have not ever believed in the 9/11 conspiracy crap and I wish you would stop accusing me of things that are not true. I also never said it was a conspiracy, I simply said that he has failed to present proof of citizenship. Maybe he is & maybe he isn’t a natural born citizen. Who knows? He has never shown the proof. GET IT MORON? PROOF not lies PROOF! Until then it remains questionable whether he is eligible to be P.O.T.U.S.
YoYo, you are such a thick headed buffoon. You keep bringing up the same accusations that I have already said are not true. I AM NOT A CONSPIRACY THEORIST. GET IT? I DOUBT IT. YOU ARE TO STUPID TO COMPREHEND ENGLISH.
Now run along little troll.
#38 – Dolf – Most Americans would find it, if you’d spell it right!
I spelled it right.
used the wrong language.
we are all, English is not the language there.
Kenia, Jemen, Verenigde Staten -> Dutch
Super Dave, saddest thing is that if an African tries to do right for him and his country, he gets killed pretty soon.
Michelle – You can cry all you want about not being a conspiracy theorist in #47 but your words differ.
So let me get this straight – You are not a 9/11 Truther and you believe those people are 100% incorrect. Yet you are a “Birther” and believe those same people are 100% correct.
Makes sense…you are not the brightest are you. Lol.
How’s your tinfoil hat fitting today “Birther”?
[...] Even those who supported Barack Obama like Jim Cramer now have nothing good to say about Obama’s over the top spending plans. How dare anyone criticize Obamanomics and the spending spree that will add up to trillions in bailouts and pork barrel spending. If you criticize Obamanomics, his minions will attack. [...]