Tuesday, March 3, 2009

Jim Cramer: "Obama Destroying Life Saving of Millions"

Nice Deb has video of CNBC's Jim Cramer, who says "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 ..."


It turns out the White House is not digging it, with reference to Cramer's appearance on the Today Show, "White House Knocks Jim Cramer For Calling Obama Budget "Greatest Wealth Destruction By a President":


NBC's Tom Costello, on duty at the White House today, asked press secretary Robert Gibbs about some comments made by his CNBC colleague Jim Cramer. On the Today show this morning, Cramer called Pres. Obama's budget a "radical agenda," adding, "This is the greatest wealth destruction I've seen by a President."

"I'm not entirely sure what he's pointing to to make some of the statements," said Gibbs. "And you can go back and look at any number of statements he's made in the past about the economy and wonder where some of the back-up for those are too."
Man, you've got to love this. The Democrats are pushing back against the media now that they've got the power, and the markets are voting no against the big-government power grab.

Allahpundit's got a longer video, plus an analysis of the White House's response - and he ends his post with the damaging quote from Cramer: "This is the greatest wealth destruction I’ve seen by a president."


Watch the whole thing, here. More commentary at Memeorandum.

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