Cramer Responds to New White House Meme

We’ve been talking about Cramer, Suze, and Santelli recently and listening.  They’ve stepped into the arena in defense of the US Everyman and the investments we make in our homes, our pensions, and our children.  These folks have made money but are not the high rollers that gambled away our savings, drug the weakest among us into bad mortgages, and bankrolled the campaigns of Obama, Biden, Dodd, Grahm, Leach and a bunch of other pols who did not and do not have our interests at heart.   When Cramer started talking about Obama-proofing your investment portfolio and finally begged POTUS to stop ignoring the messages screaming out of Wall Street Markets, he became just another target for the Blogkrieg Botz.  Two days ago, I outlined what I saw was a concerted on-line effort to assassinate his character and professional standing.  The MSM has also been repeating what was sure the latest Axelrove meme.  Cramer doesn’t know what he’s talking about.  Cramer makes money off you at your expense.  He’s one of those bad guys.  Meanwhile, the infusions of taxpayer dollars to the real culprits behind the meltdown as well as the complete lack of any regulatory reform sallies forth unabated.  Barney (subprime mortgages r us) Frank is now calling for a super regulator and is planning on holding ‘hearings’.  Just what we need. More hearings while the pensions and home values of every one of us continue their decline.

Today, Cramer hit back and I say more power to him.

The lines are drawn pretty clearly: If you can help people make money to be able to retire, enjoy life, pay for college, pay down debt, etc., you are a “good guy,” so to speak. If you take the other side of the trade, you are, well, let’s say, a less favored fellow. And if you gun for the gigantic investor class that is out there that includes 90 million people in one form or another, whether it be 401(k)s or individual stocks or pension plans, then you are on my enemies list.

I am a member of that ‘gigantic investor class’.  But it also includes people like Penny Pritzker who was head of Obama’s Finance Committee during his election and is now one of his advisers.  If you’d like to read about her and her part in the Financial Crisis, just Google away.  It’s every where.  Just read about this FAILED BANK that was really one of the first that greed brought down.  At the time it was one of the most expensive bank closings on record costing in the realm of about $500 million. Of course, that sounds like chicken feed now. But she’s just typical of the mega rich that gamed the system.  She’s also the  typical mega investor that funded Obama and owns him lock stock and barrel. That’s probably why the Blogzkrieg Bots are on the warpath of the likes of the Cramers of the world.  They’re messing with the Obamessiah’s imagine and that could cost the megainvestors in Obama their tax payer bailouts.

First, they eviscerate your character and your professional ability.

I am a fight-not-flight guy, so I was on my hackles when I heard White House Press Secretary Robert Gibbs’ answer to a question about my pointed criticism of the president on multiple venues, including the Today Show.

“I’m not entirely sure what he’s pointing to to make some of the statements,” Gibbs said about my point that President Obama’s budget may be one of the great wealth destroyers of all time. “And you can go back and look at any number of statements he’s made in the past about the economy and wonder where some of the backup for those are, too.”

They do it in the Media, they do it from their podiums, they hire folks on Craig lists to visit blogs to convince every one there is a swell of outrage for the Obamessiah.

Then they send out the message that Cramer isn’t acting in your interest.  Obama is the one fighting the nasty ‘bankers’.  His program is going to help every one of you little guys.

Gibbs went on to say, “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.”

How much I wish it were true right now that stocks played less of a role in peoples’ lives. But stocks, along with housing, are our principal forms of wealth in this country. Only the people who have lifetime tenure, insured solid pensions and rent homes but own no stocks personally are unaffected. Sure that’s a lot of people, but believe me, they aspire to have homes and portfolios. If we only want to help those who have no wealth to destroy, we are not helping the majority of Americans; we are not helping the broader population.

Then third,  it’s the nastiness that he inherited from Bush that’s causing all these problems and Cramer’s just a closet Republican, a Racist, a R@tf*cker!

You can argue, of course, that Obama inherited one of the worst hands in the world. I had been a relentless critic of the Bush administration’s “stewardship” of the economy, calling repeatedly for changes to avert the disaster that I saw coming, although perhaps Gibbs hasn’t seen my CNBC meltdown. Seemed pretty prescient to me.

I, like everyone else, have made less authoritative and wrong statements in the past, but that rant still stands as something that I am sure everyone in the Bush administrations’ Treasury and Fed listened to. My calls to sell 20% of your stocks in September at Dow 11,000 and then all of your stock if you need the money for the next five years at Dow 10,000 in October, might have eluded Gibbs, too.

I said it here just a few days ago and I will say it again.  There is a very active proproganda wing of this POTUS.

rise_Hillary, on March 5th, 2009 at 3:00 am

You are right about the paid bots only these are a whole new crew. Criag’s List today had a job posting for Bloggers Needed. They are offering $5.00 per finished conversation…whatever that means. It’s listed under the computer jobs. I do believe this is recruitment to become an Obot. Thanks to the stimulus porkulus, jobs are being created in this sector. {{snark}}
So as they hire more kids on taxpayer dime, you will see more manufactured Obots. They only get paid per conversation so remember to ignore them and they will quit their new bot jobs when they don’t get paid for a ‘completed’ conversation. Spread the word.

I can’t tell you how many folks have come to my site today to say they’ve noticed the uptick in that propaganda effort.  Here’s the type of criticism they don’t want to hear from Cramer who supported Hillary Clinton in the primary.

But Obama has undeniably made things worse by creating an atmosphere of fear and panic rather than an atmosphere of calm and hope. He’s done it by pushing a huge amount of change at a very perilous moment, by seeking to demonize the entire banking system and by raising taxes for those making more than $250,000 at the exact time when we need them to spend and build new businesses, and by revoking deductions for funds to charity that help eliminate the excess supply of homes.

We had a banking crisis coming into this regime, but now every area is in crisis. Each day is worse than the previous one for this miserable economy and while Obama’s champions cite the stimulus plan, it’s really just a hodgepodge of old Democratic pork and will not create nearly as many manufacturing or service jobs as we hoped. China’s stimulus plan is the model; ours is the parody.

And here’s the money line from the mad money man:

If that makes me an enemy of the White House, then call me a general of an army that Obama may not even know exists — tens of millions of people who live in fear of having no money saved when they need it and who get poorer by the day.

Hey Cramer, Obama knows the army is out there.  Be prepared to be called a deadender for Hillary.  Have you got the call-outs for being racist yet?  How about a ‘bitter knitter’?  You’re not a woman, but if they can find something akin to calling you a dried up old va-jay jay get ready for that too.  Because there are a lot of folks out there, and the purpose of propaganda and the Blogzkrieg Bots is to silence you.   They will try to intimidate you into silence.  Don’t let them.