Re: What Cramer proves

"Kickin' Ass and Takin' Names" <old_redneck@xxxxxxxxxxx> writes:

On Mar 16, 7:11 am, "gil" <g...@xxxxxxx> wrote:
"Kickin' Ass and Takin' Names" <old_redn...@xxxxxxxxxxx> wrote in messagenews:b1ecfb39-5619-4ad8-bcb6-492d7c272c0f@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx





By now everyone has either seen for themselves or heard from others
about the serious, possibly fatal, smackdown that Jon Stewart
delivered to Jim Cramer.

The short story is this:  Jim Cramer has an "investment" show on CNBC
in which he touts certain investments.  As is typical of people who
don't know what they are talking about, Cramer struts, raves, rants,
foams at the mouth, and makes it appear that if you don't follow his
advice RIGHT NOW THIS MINUTE, then, you are about to burn in hell.

Under withering questioning from Stewart, Cramer admitted that he is
full of *** and that anyone who followed his advice would be broke by
now.  Cramer then -- in true rightwingnutter fashion -- weaseled out
of responsibility for any damage he caused by claiming that his show
is NOT "investment advice" but really is only "entertainment."

All of which reinforces something I have always believed:  No matter
how wise, how well-informed, how brilliant, or how competent you are,
if you talk 24/7, before long you run out of anything useful to say
and, then, you start babbling horse***.

And that, folks, is the problem with the 24/7 "news" channels -- every
single one of them -- Fox, CNN, MSNBC, CNBC, you name them -- THEY RAN
OUT OF USEFUL INFORMATION YEARS AGO AND NOW ALL THEY DO IS BABBLE
NONSENSE AND HORSE***.

Watch them closely -- what do they talk about???  Do any of the "news
channels" really tell you anything of value?  Who gives a rat's ass
about a pretty white girl who has disappeared in Aruba or about a
police car chase in LA?  Or which rapper or "star" that no one has
ever heard of just beat the *** out of his equally unimportant girl
friend?  99 PERCENT OF WHAT IS ON THE 24/7 "NEWS CHANNELS" DOES NOT
FUCKING MATTER AND IS OF NO VALUE TO
ANYONE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Try this for a change:  Turn off the goddam TV except for one hour
each evening during which you watch Jim Lehrer on PBS.  Yes, I know --
for the rightwingnutters Jim Lehrer will make your brain ache because
you're not accustomed to THINKING and hearing two or three different
views of the same topic -- but try it and see what real news is about.

Does Warren Buffet also "strut"?

Buffet on the Obama administration's economic leadership:

"The message has to be very, very clear as to what government will be
doing," he said. "And I think we've had, and it's the nature of the
political process somewhat, but we've had muddled messages and the American
public does not know. They feel they don't know what's going on, and their
reaction then is to absolutely pull back."

http://www.boston.com/news/nation/articles/2009/03/10/buffett_warns_t...

on Obama's attack on the secret ballot (card check):

"I think the secret ballot is pretty important in the country.  I'm against
card check, to make a perfectly flat statement."

(Card check is where union autoworkers will no longer have the right to a
secret ballot, so they can then be intimidated into voting how the
leadership wants them to)

http://www.huffingtonpost.com/2009/03/09/buffett-throws-wrench-at_n_1...

on taxing carbon emissions (cap and trade):

Anything you put in that effectively taxes carbon emissions is--somebody's
going to bear the brunt of it. In the case of a regulated utility, the
utility customers are going to pay for it. I mean, it's going to become, in
effect, a tax which we have decided is needed because the market system
doesn't really appropriately penalize something that hurts the future but
doesn't really hurt us tomorrow morning. But that tax is probably going to
be pretty regressive. It'll be determined by individual public utility
commissions state by state what customers it gets passed through to. But if
you put a cost of issuing--putting carbon into the atmosphere, it--in the
utility business it's going to be born by customers. And it's a tax like
anything else.

http://www.swamppolitics.com/news/politics/blog/2009/03/warren_buffet...

(on demonizing those who use corporate jets):

"I do have a -- a -- a dog in this fight.  So put me down as biased, but
I -- I do think -- I use a jet both personally and with business.  I mean, I
have my own things I pay for, but I use it in business.  Berkshire has been
better off by me having a -- a plane available to go and do deals or
whatever it may be.  I think it's a big mistake to start demonizing anybody
in this game.  I -- I just think that it -- it causes the American people to
look backwards, and we don't want villains."

http://www.cnbc.com/id/29596605/page/2/

on the Obama policy of  "don't let a good crisis go to waste":

 "I don't think anybody on December 7th would have said a `war is a terrible
thing to waste, and therefore we're going to try and ram through a whole
bunch of things and--but we expect to--expect the other party to unite
behind us on the--on the big problem.' It's just a mistake, I think, when
you've got one overriding objective, to try and muddle it up with a bunch of
other things."

http://www.americanthinker.com/blog/2009/03/obama_supporter_buffett_s...

on the coming Obama inflation:

"But Buffett said that with the U.S. Federal Reserve and Treasury Department
going "all in" to jump-start an economy shrinking at the fastest pace since
1982, "once-unthinkable dosages" of stimulus will likely spur an "onslaught"
of inflation, an enemy of fixed-income investors."

http://uk.reuters.com/article/businessNews/idUKTRE51R1Q720090228- Hide quoted text -

- Show quoted text -



And your point is????

Oh, I see -- other than an anti-Obama screed, you have no point.

Come back when you're ready to say something useful.

As I said in the OP, when you feel the need to talk 24/7 it doesn't
take long until you run out of anything useful to say.
The fact is there is plenty of news to report and should be
reported. But those news casts coming from cable have refused to
invest in the staff needed to dig it up, analyze and summerize it.

Companies like Time-Warner haved the capital resources to do it but
public service is not exactly their cup of tea and it does not seem
to be a legal requirement. I no longer subscribe to their service for
that reason and every time I hear of another outrageous statement
coming from those who broadcast through the Time-Warner cable system I
am tempted to take an axe to the cable running through my backyard.

It seems to me that if I allow the cable to be buried out there, I should
get some benefit from it. It should not be used to divide the nation
into two political camps.
.

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