Jim Cramer Destroyed CNBC Viewers’ Wealth In Just 4 Days
Mark Ames, The Exiled: CNBC’s Jim Cramer has positioned himself as yet another champion of the people against the evil government. A couple of days ago, the method actor/ CNBC host of Mad Money stirred up a hullabaloo when he pretended to be angry and attacked the Obama government’s economic program as “the greatest wealth destruction I’ve seen by a president.”
Right. Let’s leave aside for a moment the fact that Cramer is a giant welfare queen whose salary is subsidized by the $139 billion taxpayer dollars to his parent company, General Electric. For now, let’s just try and answer this simple question: “Who destroys your wealth more: Obama or Jim Cramer?”
Last Friday, when his company GE announced a massive dividend cut, Cramer told his viewers to buy. His counter-intuitive reason was that even though…
