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Posted Monday, March 16, 2009 4:39 PM

Blaming Jim Cramer for the Economy? Really?

By Kurt Soller
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Posted By: Ooohnubian (April 23, 2009 at 9:46 AM)

Kurt Soller - you are uninformed. You obviously either didn’t watch or don’t have the mental capacity to understand what was really happening.

Cramer wasn’t being blamed for the crises. Cramer was being held accountable for HIS part in it. Like giving advice to buy, because of his insider knowledge and talking about how to manipulate hedge funds. To his credit, he was the only one that had the guts to do so. The rest were cowards,

Your article does a disservice to your readers. You offer a cursory opinion that is light in fact and has no depth. People should take your articles with a grain of salt until you learn how to be a true journalist.

Go back to school and learn how to understand the entire situation before you comment on it- you look inept.

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Posted By: k.macconnell (April 16, 2009 at 2:08 PM)

The old saying "you get what you pay for " applies to Jim Cramer and his audience.  Anyone dumb enough to invest their families wealth based solely on Jim Cramers predictions is certainly getting their monies worth.  If you paid nothing for the advice, that is what you will reap from it!

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Posted By: Dredd (April 10, 2009 at 9:17 AM)

We can't blame Cramer if we do not have all the facts.

Much of the federal budget is classified ... a state secret:

http://blogdredd.blogspot.com/2009/04/common-sense-about-state-secrets.html

So how much are we going to blame Cramer with what we do not know?

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Posted By: BloodofPatriots (April 9, 2009 at 11:45 PM)

Kurt,

You and I must have watched different Cramer/Stewart interviews. In the one I watched, Stewart never tries to lay the entirety of the current economic crisis at Cramer's feet. The bad mortgages, the poison-pill derivatives, and the other major blunders have their own villains. Rather, Stewart excoriated Cramer (and by proxy the entirety of the financial media) for being nothing more than mouthpieces for the businesses they're supposed to report on.

Cramer and his ilk, particularly, fed the climate of exuberant risk with the fuel of their own unbridled bullishness. It led to a daredevil financial atmosphere in which the only shame came in a risk not taken. And for that, Stewart rightly takes those who pretend to business journalism to task.

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