Friday, February 15th, Cramer had New York Governor Eliot Spitzer on
his show. According to Jimbo, he and the governor are old pals from
way back. Based on the conversation between them, the visit had three
purposes
1. To continue Cramer's year-long bashing of Ambac and MBIA, companies
that reinsure municipality bonds.
2. To stroke Cramer's ego. Surely, it was tongue-in-cheek, but Spitzer
touted Cramer as the right choice for the next Secretary of the
Treasury of the United States. Cramer has never been shy about his
penchant for cronyism.
3. To engage in some fear-mongering. Spitzer claims that if the
government doesn't step in where Ambac and MBIA are concerned, Wall
Street could experience a "financial Tsunami." Nothing like a little
paranoid hyperbole to shake things up, right?
I would say that Jim Cramer is a cartoon character, CNBC's very own
Yosemite Sam, if he wasn't so calculating. Every guest, every company
he bashes, every stock he pumps, everything that comes out of both
sides of his mouth should be taken with a grain of salt. He has
readily admitted that he has a history of stock manipulations. You
cannot just dismiss that fact when the guy talks.
Just because someone is living the high life, that doesn't mean he
isn't a lowlife. Spitzer and Cramer, old law school buddies, have done
well for themselves. That does not, however, mean that they have your
best interests in mind. If Eliot Spitzer is a longtime friend of
Cramer's, you have to wonder about his integrity, too. Birds of a
feather and all that.
Oprah is just annoying. Jim Cramer is dangerous.
That's the Word on the Street.
Veracity Jones, (http://www.basherbusters.com)
BTW, why would elliot hang around with an admitted fraudster? How
much you figure he had to give to the campaign fund to pull this one
off ???
Anyone seen commies momma, said she was gonna go and slop commies
backyard hogs and left me here with half a hard on. . . i want my
wallet back!!!
Hang on, she left her false teeth by the bed so she is not done
yet . . .for $25
you can join the comics family too. . . email me for his daughters
higher charges.