Dow finishes up following health care vote - paging Jim Cramer

[babylonsister]

:rofl: Paging Jon Stewart!!

http://mediamatters.org/blog/201003220068

Dow finishes up following health care vote - paging Jim Cramer

March 22, 2010 4:36 pm ET by Brian Frederick


Last Thursday, Larry Kudlow hosted Jim Cramer and the two discussed the effects of health care reform on the stock market:

KUDLOW: You are saying that Obamacare will topple the stock market. This is a huge issue. Let me get your first take.

CRAMER: It is the single biggest impediment to the stock market going higher. And a lot of this has to do with what's not being talked about with how it's going to be paid. And also to what it would do to small business formation. This bill is a disaster for both.

Well, on the first day following Sunday's historic vote in the House effectively passing health care reform, the Dow Jones Industrial Average finished up 43.91 points (0.41%).

Of course, Cramer may have been referring to the long-term effects of the bill on the stock market, rather than "knee-jerk" reactions to the vote. After all, Cramer has already established he isn't any good at predicting "knee-jerk reactions."

[Richardo]

1. Cramer wants to be the Bill Kristol of finance

He's well on his way! :thumbsup:

[dkofos]

2. As always, take his advice, and do the opposite.

[Scurrilous]

3. Is that guy ever right?

K & R :thumbsup:

[Motown_Johnny]

4. Cramer is the perfect reverse barometer

[HughMoran]

5. What a moran! n/t

[NJmaverick]

6. Once more Cramer is exposed as a lying right wing fraud

[SpiralHawk]

7. Typical republicon chickenhawk

Wrong about everything - an exceptionally Big Mouth to go with an exceptionally small intellect.

[Turbineguy]

8. He's a Democrat.

http://www.newsmeat.com/fec/bystate_detail.php?city=NEW+YORK&st=NY&last=cramer&first=james

I think that's why Cramer & Kudlow didn't work out. Smart Democrat makes fool of dumb repub.

Still, Cramer does not have a good track record predicting the markets. Kudlow is just an idiot.

[NJmaverick]

10. seems like you should have said WAS. He hasn't donated to a Dem

since 2003

[myrna minx]

9. Is he related to "Wrong Way" Kristol?

:rofl:

[Lasher]

11. Kudlow is slime.

He's worried HCR will tank the market if it's not paid for but that didn't bother him about Junior's tax cuts for billionaires. All he ever has to say about the economy is "Tax cuts! Tax cuts! Tax cuts!" He's a parrot, bought and paid for by the richest 1%. At least Greenspan was honest enough to admit shocked disbelief at his own failed ideology. Kudlow has just kept saying the same things all along, like the last decade didn't happen.