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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJim Cramer (Mad Money) on Morning Joe just now saying upcoming jobs report...
is NOT a good number.
Damnit
bigdarryl
(13,190 posts)PearliePoo2
(7,768 posts)Inside info perhaps? I hope he's wrong.
HereSince1628
(36,063 posts)As a trader, having information earlier than other folks is a clear advantage.
JuveDem
(69 posts)PowerToThePeople
(9,610 posts)I do not follow him now. But back when I had cable, his picks were more likely wrong than right, by a large margin. I suspected he was placed there by wallstreet to get sheeple to hand over their savings.
Rustycup
(41 posts)Crap our manufacturing is in China, planes are being fixed in India.....for all the loss of industry to the U.S.A. those are pretty good numbers. It is how it is spun. Just like the other day our local station said our Republican governor had acceptable levels of job approvals. His approval rating is 35%. That is acceptable? 65% unapproved. They always do that. Look when they talk of Obama approval they mention his unapproved numbers first and you have to do them math (i.e. 40 do not approve, well that means 60 do!). It just irks me because they concentrate so much on the job numbers but not on what we need to do to replace all the jobs lost. Oh Romney says we need to stop borrowing from China. The press is doing everything to spin it negative. Romney gets the golden treatment.
Earth Bound Misfit
(3,584 posts)This Jim Cramer? (skip to :55 for the good stuff)
Cosmocat
(15,413 posts)just another case of the dimwit being wrong.
Response to PearliePoo2 (Original post)
scheming daemons This message was self-deleted by its author.
PearliePoo2
(7,768 posts)In my OP, I was posting what I heard him say on Morning Joe.
Are you calling me a troll?
Jennicut
(25,415 posts)reflection
(6,287 posts)PearliePoo2
(7,768 posts)He hung his head, face down and frowned when he said the numbers would be bad. Shook his head even.
Loser!
rurallib
(64,684 posts)davidpdx
(22,000 posts)ASSHOLE!
Logical
(22,457 posts)PearliePoo2
(7,768 posts)Why the FUCK do you have a problem with it?
Response to PearliePoo2 (Reply #16)
Post removed
Oilwellian
(12,647 posts)One of the major players in the Wall Street Crash of 2008. It amazes me this man is not in prison for his crimes. I made this video around the same time Jon Stewart was attacking Cramer as well. I was researching material to use on Cramer and came upon this clip from one of his past shows where he brags about gaming the system through short selling and using his CNBC show to do it. The long version of the clip is completely gone now. There was a copyright claim filed on the You Tube video, and Cramer was able to have it taken down. From what I could see, it was the ONLY copy on You Tube. Fortunately, I captured it before it was removed and used only small parts of it so Fair Use laws would protect our ability to see it.
I've always been a little disappointed this clear admission of criminal activity didn't get more attention. The video represents the epitome of the Wall Street criminal mind that we continue to be plagued with today.
Earth Bound Misfit
(3,584 posts)when Cramer guested on his show. I had it bookmarked but that was one laptop & 2 hdd's ago & lost it in the shuffle
Thanks for posting.
HiPointDem
(20,729 posts)Gabi Hayes
(28,795 posts)from
The Story of Deep Capture
By Mark Mitchell, with reporting by the Deep Capture Team
Introduction - by Mark Mitchell
I began working on a version of this story in January 2006, while serving as an editor for the Columbia Journalism Review, a publication tasked with upholding the standards of the American media. In November 2006, a hedge fund that was at the center of the scandal I was investigating offered the Columbia Journalism Review a great deal of money. Shortly before CJR accepted the money, I left my job, so I do not know if my editors, whom I believe to be honest people, would have allowed me to persevere. But I have no doubt that the hedge funds beneficence was aimed at preventing the publication of stories like this one.
...........................................
......February 27, 2006 Herb Greenberg is leaning forward on his stool. His arms are flapping and his eyes are popping. His face has gone hot-purple, stark against the red-blue television glow. It is six months since Patricks now-legendary Miscreants Ball presentation, and, Herb, the famous journalist, is live on CNBC. He is pretty sure there is a conspiracy. It is a conspiracy to get Herb. Yes, Whats really going on is theres a conspiracy. Theres another conspiracy, there is a conspiracy-the real conspiracy, if there is a conspiracy, is a conspiracy its aaaall tied to the same thing, this whoooole concept of trying to make sure, make it so this guy [Herb] cant do his job anymore.
Sitting next to Herb, nodding in agreement, is Jim Cramer, host of Mad Money. This program is all that keeps CNBC out of the ratings quicksand, and it is easy to understand its appeal. Cramer is manifestly chimpanzee-like in both comportment and worldviewa fully arresting specimen of unsated mammalian appetitiona self-styled journalist who grunts and growls and snorts and says funny things like Booyah! while jumping up and down, smashing chairs, and telling people how to make shitloads of money gambling on the markets. Good TV!
It is impossible to overstate the effect that these characters have had on our public discourse. It is not just that they have propagated a style of journalism that sees short-term stock flipping (rather than long-term investment) as the holiest of all business endeavors. It is that close associates of Herb and Cramer have seized control of a vast swath of the American financial media. Indeed, if you have seen a negative story about a public company in recent years, the odds are greater than even that it was written by a friend-of-Cramer.
Many of Cramers friends are former employees of TheStreet.com, a financial news website substantially owned by Cramer. They have included the editor and top columnists for The Wall Street Journal Money & Investing section, top business writers for The New York Times, reporters at Fortune magazine and BusinessWeek, the editor of The New York Post business page, the editor of MSN Money, and others. Herb, a CNBC commentator and a star columnist for MarketWatch.com, was among the founding editors of TheStreet.com Murderers Row, they called themselves.
I have analyzed well over a thousand stories written by this clique of journalists. The vast majority of them were sourced from a small group of short-sellers who are also friends of Cramer. Other popular sources for this group of journalists include convicted felons, mobsters, dubious private investigators, crooked lawyers, hired stock bashers, and gun-toting goons most of whom are tied to the Cramer constellation of short-sellers.
Erose999
(5,624 posts)to piss in right now. He's a hack and a snake-oil salesman.
bhikkhu
(10,789 posts)yet been so consistently spun hard and turned into occasions for gloom and doom.
5 million new jobs created in 4 years, and 32 months straight of positive job growth, and the unemployment rate down to 7.8%. Sounds like recovery to me!
Just imagine what we could have had if republicans in congress hadn't killed every jobs bill since 2010!
PearliePoo2
(7,768 posts)Didn't know much about him. But I sure am getting the picture now!
Given his history, makes me wonder why anyone would even have this (criminal?) creep on their show or give him the time of day.
Thanks everyone for the enlightenment!
Lex
(34,108 posts)Why do people listen to this guy?
Oilwellian
(12,647 posts)why does NBC give this schmuck his own show? Why does NBC give this criminal the avenue to manipulate and steal from the American public, and decimate American businesses and jobs?
HiPointDem
(20,729 posts)polichick
(37,626 posts)fishwax
(29,346 posts)librechik
(30,957 posts)Either that or he is once again confirmed as the worst financial prognosticator on tv.
bullwinkle428
(20,662 posts)notadmblnd
(23,720 posts)isn't a bad report.
magical thyme
(14,881 posts)bumped the debates off the headline!
mikeytherat
(6,829 posts)"You said tech stocks were bulletproof!"
mikey_the_rat