Ft. Lauderdale, Fl USA
Stewart bushwhacked Cramer after his comments - fact.
The major networks carried it after it happened - fact.
Why did Stewart go after Cramer? He attacked him for his position on Bear Sterns, which happened in the past. Why didn't he bring it up then? Why didn't the major news networks cover it then? He attacked him on past stock advice with insults and accusations. Why didn't he do it when they occured? By reasonable conjecture, this is more than just coincidence that it occured after Cramer had disputed Obama's positions in his stimulus package. Do I know for fact that Democratic higher-ups sicced Stewart on Cramer for results the news media could run with? No, but it is a reasonable assumption based on the facts. You don't always need to produce a body to know there was a murder.
I think the mistake here all along was picking Cramer to be the standard bearer
Curious...who do you think picked Cramer to be a standard bearer? Certainly not the Democrats. Certainly not the republicans. Cramer wouldn't do anything for them, being a solid democrat....so who do you refer to as picking him?.
Grinch, Cramer may indeed be an idiot and a jerk. I am certainly not defending him. I never watched his programs because the screaming and fist-pounding would give me a headache. You,however, are doing exactly what the democrats are doing, digging up whatever dirt on Cramer you can use to prove his worthlessness. Fine, he's worthless..what does that have to do with his comments about the stimulus package and Obama's handling of it? He simply gave his opinion....and why? He is a democrat. He has no axe to grind with the democrat party or Obama that anyone has brought up. He simply gave his opinion and his opinion caused a strong backlash against him. Why should his opinion make democrats feel so defensive that have to attack him? Why should his opinion make Jon Stewart so incensed he decided to go after him with barrels blazing? Do you have an answer for that?
How bad do I think the recession is, grinch? I'm no expert on the economy,sir, and don't even pretend to be. I only have two things to go by.....figures and my daily life. By the figures, it is certainly not as bad as the recession of the 80's. As far as the housing crisis is concerned, Glenn Beck came up with a very interesting chart, if you are interested. The video is here.....http://www.lonelyconservative.com/2009/02/26/glenn-becks-housing-price-chart/
My daily life? i live in a middle-class neighborhood and have 230 middle-class customers. With the exception of the deterioration of our retirement savings, which we can do nothing about, there is little change in our lives. Prices haven't gone up in the stores. There are still waiting lines at restaurants. The roads are still filled with people going SOMEWHERE. At times, a customer will say to me, "Wow! What about this economy???" I ask them which part is affecting them? They say something like "Well, the newspapers say it is really bad. Unemployment is bad. Businesses are failing,etc, etc, etc"....and I say, "Fine. Now what part is affecting YOU?" They don;t have an answer. Much of their distress about the economy comes from newspaper headlines and Obama speeches, that's it. You are not able to see that part, grinch. You need to rely on newspaper headlines, too, and perhaps friends you may have over here and what they say. LR said once in another thread that negativity breeds negativity. That's what we have here, more than anything - a negative administration creating more negativity. They are now trying to correct that. Hopefully they will.
Would I be upset is I were living in a town where unemployment was high due to the town factory closing down? Of couse - but the anger should be directed at the company that handled itself so badly it had to shut down. Would I be upset if my house were being foreclosed? Sure, unless I cared to admit that I bought a house I couldn't afford on my salary with a loan that i knew was too good to be true. Do I agree with the bailouts? No, I don't.
I believe that most of the cry wolf screams from 1600 Pennsylvania Avenue were basically for the purpose of getting their stimulus packages, along with the pork and entitlements they contained, passed. Obama, who claimed on the campaign trail, stating that he would make the country good for our future generations, has created a debt that those generations will be saddled with for a long time. Now, after getting them passed, he claims that the economy is "really not that bad - actually sound". Democrats have a history of using crises to elevate their power and control. I see this as nothing more than another attempt to do just that.
As far as unemployment is concerned, I feel that the government is making it worse due to the bad side of human nature. Let me clarify my thoughts on that. We have daily headlines bemoaning the high level of unemployment and the sad state of the economy. Let's say there is a small company owner with 20 employees, of which he pays a salary, medical insurance, unemployment, social security taxes, etc. He has an idea. He can fire four of those people, saving all of those expenses, and transfer their work among the other sixteen. Under normal circumstances, they might complain about the extra workload but they won't now, with the "economy" being so bad. They will do the extra work and even be thankful that they still have a job. Such a deal. The four people let go increase the unemployment figures. Call me cynical but I can see that happening.
I don't know if I've answered your question or not. I believe much of the recession is of our own making. I believe that failing businesses should be allowed to fail and not have the luxury of knowing they can get the government to pay their bills and keep going. I do not believe in the gloom and doom rhetoric being shoved down everyone's throat. I believe in less government interference and fewer government fingers in my pocket. I believe that Obama, for all of his good intentions, really doesn't know what he's doing (despite his one term as a senator) and is trying to wing it, changing with public sentiment, such as going from a "desperate situation" to a "sound economy".
You have asked for my thoughts and here they are. There is certainly enough there for you to refute and pick apart if you like but that's ok. I don't need to defend them.....they are simply my thoughts and I don't see them being changed, regardless of contrary opinions. I'm really not going to get into back and forth repartee over them. If you would like to state your views on our economy or recession as you see it, I'll be glad to listen to it.