Tuesday, March 03, 2009

Obama Touts Main Street Success As Wall Street Plunges


"I'm not saying, 'Mr. President, go stare at the Bloomberg quote machine and come to your senses,'" said CNBC's Jim Kramer. "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 call BULLSH*T!!!!



Cramer, President Obama is not responsible for the Securities Kiting/Ponzi Scheme that is now collapsing ... Wall Street is. There is nothing that this President ... or any President ... could do at this point to prevent this scam from collapsing and rescue investors from losing their shirts. The die is cast, Cramer, and it was you and your Wall Street buddies who were running the forge.



CNBC has no credibility. Nobody on CNBC warned their investor Viewers they were about to lose 40-60% of their wealth last year. The talking heads on CNBC with their faux bluster acted like carnival barkers getting the Savvy PC Investor Set into the big tent to see the bearded lady and the cat with two heads.



I know Cramer has a job to do ... and it isn't an easy one ... but you would think at some point conscience would come into play for some of these CNBC Corporate Breast-beaters and they would recognized they have far more to do with the people who have been financially wiped out than the President has.



Cramer, CNBC deal in reality once in a while, huh?
About Barack Obama
Read the Article at HuffingtonPost

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