Jim Cramer is an idiot like most of the other cheerleaders on CNBC. Anyone who follows his advice deserves to lose all their money. The only person who has a clue on that network is Santelli. 

Yet, CNBC is the gold standard for business news, not only in the US, but internationally. Business leaders throughout the world turn to CNBC. Bloomberg follows a close second, and FBN, US, only, is not even a distant third. Go figure.

Here’s good old Kramer the shark, somebody who made money touting stocks that he would receive commisions from whether he believed what he was saying or not, selling and buying in insider information, and feeding that info to his rich friends. After he became rich and had his own show he found ‘RELIGION” AND JIM AND WARREN WANT TO GIVE SOME BACK TO THE POOR LITTLE FISH THEY SPENT DECADES EATING.WHAT A JOKE

Oh no, ” FOX BUSINESS ” is driving the ‘ dyed in Obama’s crotch ‘ crowd over at GE/ObamaVision TV more crazy than they already are/were, if you can believe it.

I predict Simon Hobbs will be a ” FOX ” employee by years end.

Jim Cramer is an idiot. I enjoy Rick Santelli, Larry Kudlow and a few others. Others, take it all with a grain of salt.

This is fun!

“Get caught phone hacking? I own Scotland Yard AND the Tories” — Rupert Murdoch

“Do you own a vibrator, Andrea? I have one shaped like a tiny c*ck” — Bill O’Reilly

“Xenu is my Lord and Master” — Greta Van Sustern

“I can handle my liquor” — Glenn Beck

“I think twenty years from now, people will look at 9-11 the way we look at the assassination of JFK today. It couldn’t possibly have been done the way the government told us”  — Judge Andrew Napolitano

(last quote is verbatim)

That’s easy for you to say because you’re not engaged in business. Those of us who are have to get the best financial and economic news available. At the moment, that’s CNBC and Bloomberg on the air and the Financial Times and the Economist in print.

They should have listened to Peter Schiff it seems.

Ironic that you use the term “gold standard” to refer to CNBC when that same network tries to downplay Gold’s rise on a daily basis and what it signals of our true economic state.

Is this the “corner we turned” obama has been blathering about?

Thanks Patsy!

Still skinning the chumps, huh, Kramer? People chasing the market buying stock with dollars that go down in value everyday. The stock market puts up some pretty good numbers occasionally under these conditions. Volatile though. Just look how well the stock market numbers did in Zimbabwe when they monetized the debt. Keynes would be proud. When it takes a wheelbarrow full of money to buy a loaf of bread, Cramer will be salavating, and stocks will be at a record high. It’s a game of musical chairs and you better be prepared to grab your chair before the music stops. Inflation, you aint seen nothing yet. QE3 anyone? Thanks Krugman-Obama-Geithner, you people are so smart(dishonest).

shut up tbagger

Having written for a news site in the past, I know how annoying it is when commenters point out every little grammatical mistake or typo, but it seems like everyday I’m reading a spelling mistake or typo in posts or the e-mail newsletter. Let’s raise the standards, please.

Other than that, good stuff as usual.

Simon Hobbs has turned out to be far better than my first impression

nice rebuttal, cakes

Right…and what business, pray tell, are you in?  This ought to be good. 

And I noticed you left out quite conspicuously the most popular newspaper in America — The Wall Street Journal.  Oh yeah, I forgot.  Murdoch owns it now so it has no standing in the business world. 

You’re a joke, dude, and a bad one at that.  But please…regale us with your business acumen. 

I’m in involved in business, as are a lot of people who go against the status quo that the economy has turned a corner. What’s your point? CNBC brings on people who talk their own book and when a contrarian comes on they berate him/her. Just watch the videos of Peter Schiff calling the housing collapse in 07/08. They called him a moron and he was right.

scared  Beck fans running for the exits while inflation remain non-existent or did you mean right wing speculators making a killing on the gullible.

Either one is right, but I didn’t know which one you were going with

You would choose CNBC over Bloomberg?

President Obama tells a group of employees from the Polypore company in
Charlotte, NC that the gains the US made in job growth last month
indicate that “we’ve turned the corner” in jobs and the economy.

http://www.youtube.com/watch?v=W2qHgbEKAHU

Have you notice any inflation, ironically named “realheadline?  The CPI went down in June and rose by .5% in July.  You are reading people who want the economy to crash so they can elect Republicans and not looking at the data.  Try data sometime

FBN has been around for 4 years and is available in 58 million homes.  CNBC, which has been around since 1989, no less, is available in 90 million+ homes.  FBN by any measure is still considered a nascent network.  But even so, it’s been performing very well, particularly of late.  Perhaps you missed this little ditty on this website about FBN:

http://www.mediaite.com/tv/fox-business-network-breaks-even-and-breaks-new-ground-in-ratings-as-markets-make-big-news/

Its trajectory kind of reminds me of how another network that some ignorant and elitist dolts pooh-poohed progressed over time.  I’m trying to think of its name.  Oh yeah: Fox News Channel!  

Inflation isn’t non existent. CPI and PPI are up and Rasmussen reporting 93% of americans paying more for groceries than a year ago. 
http://www.rasmussenreports.com/public_content/business/general_business/august_2011/new_high_93_say_they_re_paying_more_for_groceries_than_a_year_ago

The stock market rise of the past year due to QE2 conincided with a weakening dollar that caused a ramp up in all commodities. Inflation is here and it hurts the lowest class and the elderly who rely on fixed incomes the worst.This has nothing to do with Glenn Beck and everything to with reality. 

Inflation isn’t non existent. CPI and PPI are up and Rasmussen reporting 93% of americans paying more for groceries than a year ago. 
http://www.rasmussenreports.com/public_content/business/general_business/august_2011/new_high_93_say_they_re_paying_more_for_groceries_than_a_year_ago

The stock market rise of the past year due to QE2 conincided with a weakening dollar that caused a ramp up in all commodities. Inflation is here and it hurts the lowest class and the elderly who rely on fixed incomes the worst.This has nothing to do with Glenn Beck and everything to with reality. 

Anyone who has pure confidence in the global economy is whistling in the graveyard.  We’re living in very tenuous times.  The market could take a massive crap at any time and I wouldn’t be surprised. 

And my opinion about this has been present since September of 2008. We’re living in different economic times, folks.  It’s not business as usual.  /jmo and don’t care about the characters involved in the OP.

Try math sometime. .5% in one month annualized is a 6% gain if it continues at this rate. 

Simon Hobbs (Santelli notwithstanding) is the best thing I’ve seen on CNBC.  I really enjoy his market reports on Morning Joe.  We’ll see how long those last, lol, given that he’s not one to toe the company progressive line.

Thank you, Mr. Cramer!! Your second intelligent thought today???

rasmussen?  I supposed to pay attention to an Internet poll? 

here: http://www.forbes.com/sites/afontevecchia/2011/08/18/cpi-jumps-stoking-fears-of-stagflation/

Plutocrat site dedicated to bringing down the economy reporting that food prices went up .4%.  Quick, run for the exits!!!!!

There seems to be a lot more gold being purchased than can be accounted for by Glenn Beck fans. For instance, why are central banks buying gold? 

Fear of inflation is only one reason to buy gold. Worry about most other liquid asset classes might be the biggest. Folks are buying farmland and other speculative assets, but that’s a buy-and-hold investment.

And, .-02 is annualized at -2.4% deflation.

That’s called a data point, teabagger.  Try making a graph and go buy some gold.

You like watching Al Sharpton must

so, you opt for “b” from above?  I can buy that. 

Here’s 12 months of data points dumbass. June was the only down month. http://www.bls.gov/news.release/pdf/cpi.pdf

Tim, the people buying gold and farmland are not necessarily right-wing or left-wing. They are just nervous. And who is to say that they’re wrong?

Timmmay, Have you noticed food and fuel are no longer included in those numbers, and how they are constantly compared with ‘real’ inflation numbers from the past. It’s not as simple as redefining the term. These people have a bad habit of doing that. Can you think of any other terms progressives have redefined lately?

Try not to be a sheep sometimes and get a degree. My way gets you rich, your way gets you a handout.

It’s not like anyone needs food or energy right? 

It seems as of late Progressives have redefined the world black to mean racist.

Buy some gold says the moron who didn’t. Too late buddy, you missed that train.

I’m assuming that wasn’t meant for me as I agree with your comment below that the CPI definition has been altered to downplay the decline in purchasing power. But in any case I have a degree.

Mostly availability when I’m traveling. Bloomberg is absent from a number of hotels, and although available in places throughout the would, a bit scattered.

He’s not bad is he? Sometimes a bit jumpy, and he can talk awfully fast, but his business analysis can be very good.

What a nice anthology!

After all these years, Bill-o and the battery-powered insertion device still has me scratching my head. He really thought that conversation was a turn-on?

Sorry, used to fighting an uphill battle, post before I look sometimes. You are correct. Once again, my apologies. I can’t believe I did that, post in error.

Okay you little lying progressive sack of shit, say when. The socialist/communist/progressives are killing business in this country. I can see why a dependent moron would side with them, what’s your excuse?  GO.

Business of going to the mailbox for your welfare check? The best economic data is at the gas pump and grocery store.

Right. Like everyone else that’s not on Fox. Truth is, he’s richer than you’ll ever be. Wait, who’s the idiot again?

I’m a migrant farm worker specializing in exotics. Truffles, Mirabelles, Chantarelles, Petite Brussell Sprouts, Petite English Peas and the like. 

food and fuel have NEVER been included

This is so great. Obamo breast-feeding media hacks—Cramer is among them–are starting to boil in their own fat now. Self-immolation for all Leftist Media Hacks!

I LOVE this! Unable to defend Their Boy and themselves, these Hacks are coming unglued for all to see. Matthews, Cramer, Schultz, Kruggie. The ones to really watch are the ‘silent’ ones like Matt Lauer and some of the other ‘flower-power’ Leftist media hacks. They, too, are boiling cauldrons of anger at what is happening to Obamo and their own reputations.

Cramer is a show biz diva more concerned with his reputation (which is a joke in reality and plugging his books) than he is about spooking a scared market. Leave him to entertaining the sheep on Mad Money and off the tube when the markets are open.

My takeaway is that Jim Cramer is one more example of cable news personalities who resort to hyperbole, a confrontational style and occasionally rude or boorish behavior in an attempt to make themselves and/or their program more entertaining.

My Hall of Shame————————
CNBC – Jim CramerFox Business – Eric BollingCNN – Piers MorganMSNBC – Ed SchultzFox News – Laura Ingraham
HLN – Nancy Grace