When the Dims have lost Jim Cramer....

Jim Cramer started speaking out against the Democratic Socialist party line. I'm not a big Cramer fan and don't usually invest based on his recommendations. He's a big player on CNBC and the Democratic Party.

A couple of days ago he made a remark saying that China's leader was a dictator and Trump was right to play hardball. It got some headlines.

Today he says:
After Kernan stated that Americans won’t “see that written or said anywhere,” Cramer responded, saying the “truth sets people free.”

Cramer added:

You can’t contradict that these are the best numbers of our lives. … I don’t see inflation; I don’t see recession. 50 years ago that number was a curse, now it’s a blessing. And you know something, Joe? It doesn’t matter whether you hate [Trump] or like him, these are real numbers.


https://www.dailywire.com/news/cnbcs...s-of-our-lives

Jim Cramer started speaking out against the Democratic Socialist party line. I'm not a big Cramer fan and don't usually invest based on his recommendations. He's a big player on CNBC and the Democratic Party.

A couple of days ago he made a remark saying that China's leader was a dictator and Trump was right to play hardball. It got some headlines.

Today he says:
After Kernan stated that Americans won’t “see that written or said anywhere,” Cramer responded, saying the “truth sets people free.”

Cramer added:

You can’t contradict that these are the best numbers of our lives. … I don’t see inflation; I don’t see recession. 50 years ago that number was a curse, now it’s a blessing. And you know something, Joe? It doesn’t matter whether you hate [Trump] or like him, these are real numbers.


https://www.dailywire.com/news/cnbcs...s-of-our-lives Originally Posted by gnadfly

speaking of losing support .. there's this too.

https://eccie.net/showthread.php?t=2684444


first Jimmy Cramer .. now Mikey's boy too?

this isn't going the way the Democrats thought it would ...


BAHHAHHAAAAAAA

This is going to get embarrassing. Like Pelosi going off script answering a non-planted reporter's question embarrassing. Don't look now but her teeth are slipping...

the jobs/unemployment number is great. but it has been on a steady growth course SINCE 2009, when Obama was sworn in.

I will grant you that Obama started from ground zero, his job creation was easier than Trump's. but too many dismiss Obama's strong numbers.

the jobs/unemployment number is great. but it has been on a steady growth course SINCE 2009, when Obama was sworn in.

I will grant you that Obama started from ground zero, his job creation was easier than Trump's. but too many dismiss Obama's strong numbers. Originally Posted by Chung Tran

Just plain delusional.

the jobs/unemployment number is great. but it has been on a steady growth course SINCE 2009, when Obama was sworn in.

I will grant you that Obama started from ground zero, his job creation was easier than Trump's. but too many dismiss Obama's strong numbers. Originally Posted by Chung Tran

your obsessive fawning over all things Obama and Democratic is beyond reason. it might be easier to ask you what don't you blame on the Republicans? Obama's legacy as president is the worst economic growth for two term president ever and don't blame Bushy II on that. it was Bill Clinton who lit the fuse on the banking meltdown by repealing Glass-Steasgal which even Sandy Weill who pushed for it has admitted it was a mistake.


Obama added a record debt to the national debt by any one president, in fact it is greater than all previous presidents combined. Obama didn't start from ground zero. that is bullshit butt u won't admit it.





https://www.euromoney.com/article/b1...teagall-repeal


The inside story: Sandy and the Glass-Steagall repeal By: Jon Macaskill Published on: Monday, June 10, 2019 1998: As the 1990s came to a close, Euromoney spent time in the US with Sandy Weill and Jamie Dimon, watching as LTCM imploded and the Glass-Steagall laws were repealed (from the imagination of Jon Macaskill).

Euromoney was keen to immerse itself in the workings of Wall Street, so in the summer of 1998 an arrangement was made to shadow Jamie Dimon, who was number two to the empire-building banker Sandy Weill, and who helped to put together a merger of Travelers with Citicorp that year.


Euromoney effectively became the assistant to the assistant, with an inside view of a power struggle for the ages.


The tension between Weill and Dimon was immediately apparent. The New York Times even ran a story with the headline: ‘Jamie Dimon – taller and better looking than Weill.’


Sandy was furious and gave Jamie a new co-head in the form of Deryck Maughan, the dapper British banker who nominally ran Salomon Brothers until anchor shareholder Warren Buffett lost the firm to Weill in a card game in 1997.


Dimon was determined to undermine Maughan as a co-head before the serious work of integration with Citicorp got underway. He decided to check on hedge fund Long-Term Capital Management (LTCM), which was run by John Meriwether, the trader who had been the real power at Salomon before he was forced out by regulators.


“Maughan wouldn’t know a bond trade if it bit him on his Savile Row tuchas, so let’s find out what the Salomon dealers are copying from Meriwether,” Dimon told Euromoney, as we took a car from New York to LTCM’s headquarters in Greenwich, Connecticut.


Warning signs


The signs were not good when we arrived. Meriwether was sitting in the fountain outside the main lobby, pouring water over his freshly shaven head and muttering “the convergence, the convergence” to himself. Dimon didn’t even get out of the car.


“We need to head back and start unwinding whatever trades those bozos at Salomon have piggybacking on Mr Kurtz here,” he said.


“We could also call the Federal Reserve and see if they’ll help to coordinate a bailout across the whole Street,” Euromoney suggested. “The last thing we want is a crisis where the weaker investment banks collapse and people lose confidence in the entire system.


” The bailout of LTCM in September 1998 went surprisingly smoothly, but troubled waters lay ahead for the relationship between Sandy and Jamie.


Watch out though Sandy. Someone else might snap up JPMorgan while you are still busy pushing John Reed out of the door at Citigroup - Bill Clinton


Euromoney was serving drinks at the infamous black tie ball for senior managers just a few weeks later when Dimon finally lost patience with Maughan, who had inexplicably kept his position despite huge LTCM-linked losses.


“Don’t do it Jamie, he’s not worth it,” we called out. But it was too late: Dimon had pulled Maughan’s jacket over his head and tipped him into a pool of liquid chocolate set aside for dipping strawberries in the shape of the Travelers umbrella logo.


Weill, who was standing nearby, lost face in front of austere Citicorp chief executive, John Reed, and had no choice but to sack Dimon, his long-standing protégé.


Euromoney’s stint as a Wall Street executive assistant would end the following year.


Weill distracted himself from the wrench of dismissing Dimon by renewing his campaign to repeal the 1933 Glass-Steagall Act that separated commercial and investment banking activities in the US.


President Bill Clinton proved an easy sell. He had survived the Lewinsky scandal but liked to get out of Washington whenever he had the chance, which is how he came to be on the terrace of Weill’s apartment on an unusually balmy New York evening in November 1999.


Charm offensive


Euromoney was helping to pour iced tea for the guests when Weill mounted a charm offensive that persuaded Clinton to endorse the bill that would repeal Glass-Steagall later that month.


“Watch out though Sandy,” said Clinton, after he was temporarily distracted by a passing waitress. “Someone else might snap up JPMorgan while you are still busy pushing John Reed out of the door at Citigroup.


” Weill wasn’t concerned.


“Even if Chase Manhattan or BofA buy them, what then?” he asked. “Nobody handles a bank merger like I do. Maybe Jamie could have – after all I taught him – but where is he nowadays?”


(Editor’s note: after a period running Bank One, Jamie Dimon in 2006 became chief executive of JPMorgan Chase, which is today the most valuable and profitable bank in the world.)

Full article: https://www.euromoney.com/article/b1...rightInfo=true
Visit http://www.euromoney.com/reprints for additional distribution rights. For more articles like this, follow us @euromoney on Twitter.

Obama's legacy as president is the worst economic growth for two term president ever and don't blame Bushy II on that. it was Bill Clinton who lit the fuse on the banking meltdown by repealing Glass-Steasgal which even Sandy Weill who pushed for it has admitted it was a mistake.


Obama added a record debt to the national debt by any one president, in fact it is greater than all previous presidents combined. Obama didn't start from ground zero. that is bullshit butt u won't admit it. Originally Posted by The_Waco_Kid

the growth rate was anemic, but you brought that up. I said Obama created lots of jobs, and he did. Trump is increasing the deficit, why don't you concern yourself about that? Obama started from ground zero, Bush ran the Son-of-a-Bitch into the ground, by not reacting to the financial crisis he never saw coming (most other informed people did).

Just plain delusional. Originally Posted by the_real_Barleycorn

I know you are.. let's work on that.

the growth rate was anemic, but you brought that up. I said Obama created lots of jobs, and he did. Trump is increasing the deficit, why don't you concern yourself about that? Obama started from ground zero, Bush ran the Son-of-a-Bitch into the ground, by not reacting to the financial crisis he never saw coming (most other informed people did).



I know you are.. let's work on that. Originally Posted by Chung Tran

no i don't. why should you? can you prove over the first 3 years of Trump's presidency vs. Obama's that Obama's debt "burn rate" isn't 3 TIMES Trump's? that's already been proven in this forum. did u miss that post?


oh u did? well .. here it is again ...

That's just chump change compared to how much the programs proposed by your dim-retard candidates would explode the deficit and the debt.

Got a price tag for Medicare-for-All, munchy? Both the liberal Urban Institute and the conservative Mercatus Center put the cost at $32 trillion over 10 years.

https://www.urban.org/sites/default/...yer_plan_0.pdf

I mean what the fuck, that alone would jack up federal spending by 70% overnight, from its current $4.4 trillion a year rate to $7.6 trillion a year.

Whooopeee, who cares, right?

And that doesn't even begin to include the costs of all the OTHER free stuff (tuition-free college for all, Green New Deal, student loan forgiveness, reparations, etc.) that you dim-retards are pedaling "to buy the upcoming election" as you put it.

So either you are a complete moron who can't process simple budget math or you are a lying hypocrite when you whine about trump running up the deficit/debt and you fail to compare his numbers with the estimated costs of all your dim-retard give-aways.

By the way, dickmuncher, a "give-away" is when you give something away, not when you let hard-working taxpayers keep more of their hard-earned money instead of seeing it confiscated and pissed away by greedy, free-spending lib-retards.

Some more numbers for you to put into your Politifact dickmunching machine:

Percent Increase In National Debt Under Trump's First 3 Fiscal Years (10/1/16 to 9/30/19) = 15.7%

Percent Increase In National Debt Under Obama's First 3 Fiscal Years (10/1/08 to 9/30/11) = 46.1%

Oh dear! So trumpy has increased the debt only 1/3 as fast as Obama did, viewing the same timeframes in their respective administrations?

Who knew??? Originally Posted by lustylad

thank you valued poster!

Weak shit...like your candidates for president.

the jobs/unemployment number is great. but it has been on a steady growth course SINCE 2009, when Obama was sworn in.

I will grant you that Obama started from ground zero, his job creation was easier than Trump's. but too many dismiss Obama's strong numbers. Originally Posted by Chung Tran

Yes, the numbers were good with Obama, and they have gotten better with Trump - against what most liberals predicted. You would think it would unify the country with an economy like this, but this is an era of great discontent.

Both Presidents obviously benefited from massive deficits.

My greatest disappointment with Obama is that it didn't count as reparations so we could move beyond affirmative action/diversity initiatives. I could live with immigration much easier if they didn't get extra points for not being white.

I just don't understand why people would want to immigrate to America if they hate white people unless they want to take what they can get rather than contribute.

the growth rate was anemic, but you brought that up. I said Obama created lots of jobs, and he did. Trump is increasing the deficit, why don't you concern yourself about that? Obama started from ground zero, Bush ran the Son-of-a-Bitch into the ground, by not reacting to the financial crisis he never saw coming (most other informed people did).



I know you are.. let's work on that. Originally Posted by Chung Tran

Let's work on getting your memory checked...