February 26, 2007

Jim Cramer says there is no housing crash, mocks housing "bears"

45 comments:

Anonymous said...

Yeah, and he's still long Nortel at 80.

Anonymous said...

Perhaps if he yells louder some of his misinformation might actually come true.

mnhp said...

boy, Kramer sounds like a Rush Limbaugh spinoff... and almost sounds as silly as Rush was when he went after Michael J. Fox over stem cell research...

Anonymous said...

mnhp, Jim Cramer ramer is a Democrat you dolt.

And it's Cramer, not Kramer.

Anonymous said...

Cramer is not a Democrat. He is a fascist Repuke asshole.

Anonymous said...
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The Real Bob said...

wrong, anon..
Jim Cramer ramer is a Democrat.

http://www.businessweek.com/magazine/content/05_44/b3957001.htm

"Lifelong Democrat Cramer ...."

I guess anon 11:48 and anon 12:02 you are both very very wrong... At least show some balls and admit you were completely wrong. Better yet, why don't you just act like a democrat and say that you were mislead. Typical democraps never admit they are wrong!

Anonymous said...

Didn't the Kramer character on Seinfeld coin "Kramerica"? Cramer uses it regularly...

Anonymous said...

Cramer is a fascist DemoCrap you asswipe

mnhp said...
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Anonymous said...

Cramer is a bald headed moron with a big dumb mouth thats shoots out nothing but hot air to air heads that watch him.And I'am being nice to the BHM!

Anonymous said...

Is that the guy that used the N-word during a stand-up routine?

Ayces said...

I've heard Cramer contradict himself on the housing crash about three times. A few weeks ago on Mad Money he conceded that the bubble had popped and subprime was in total meltdown. In other words BUY BUY BUY!

vegas crash watcher said...

He said he was a Democrat on Chris Matthews this weekend.
Members of both parties are scum who love big government and control of other people. Hopefully, both national conventions will be terror targets. A lot of rats exterminated all at once.

brianb said...

According to Business Week, which interviewed him, he's a LIFELONG DEMOCRAT.

http://www.businessweek.com/magazine/content/05_44/b3957001.htm

She persuaded him to consider the Mad Money format and lobbied studio head Jeffrey A. Zucker for the show when Cramer's contract for CNBC's Kudlow & Cramer show ran out in late 2004. (Lifelong Democrat Cramer felt like a fish out of water while co-host Lawrence Kudlow extolled all things Republican, when all Cramer wanted to talk about was stocks.)

EAT IT.

Anonymous said...

Is that the same Cramer a.k.a the ASSMAN ?

just chekin'

element properties llc said...

The dolt was long on ESLR a year ago at $15. Don't believe a word this idiot says.

beaver muncher said...
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Gary Anderson said...

This guy needs to be taught a lesson. I think these new subprime collapses will unlitmately spill over into regular real estate. Exotic loans were made to people who bought too much house even when they had good credit. We are in the beginning and Cramer is nervous.

His reputation is on the line, and maybe a lot of his investments. He is a moron and needs to get out into ther real world more.

Anonymous said...

Cramer is a democrat and he is very liberal, and he used to be the liberal who fought kudlow and the show Kudlow and Cramer.

Cramer runs a BS show. His show is the like the PRICE IS RIGHT with bob barker. Bob Barker might know more about prices.

Cramer runs the show, because he failed as a hedgefund manager and blew out.. but not until he extracted over 10million in fees plus his STREET.com ipo.

he is selfish scum.

Anonymous said...

i know hes got at least 5 bucks real money, and fair and honest, as i bought 2 of his books

Frank said...

He's a clown. Plain and simple.

Anonymous said...

I love Cramer but he is wrong about the housing market.

I don't understand why huge percentage of analysts don't see the obvious. Unless they do but their jobs depend on people investing in the market so they keep up the chant, "buy buy buy buy".

Maybe it's us California people who see the most ridiculous house prices of all. Plus, most of the mortgage companies that are failing are Southern California based.

Hard assets said...

That was a great quote! I wish who ever did this would do one like it for George W. Bush!

Anonymous said...

Cramer, the one-man pump-and-dump operation? On the 24-7 market-wide permabull channel?

Whatever.

Anonymous said...

His reputation is on the line, and maybe a lot of his investments. He is a moron and needs to get out into ther real world more.

The only thing more delicious than the rising number of unsold homes, for an apartment squater, was watching Cramer lower his "advertised portfolio" value from $4 million to $3 million. Maybe, with this stockmarket run, he got it to go up? But maybe he's pushing real-estate because he always liked "brick and morter" companies, like Home Depot and Lowes... from what I remember.

Anonymous said...

I think this dude has been wrong before and guess what? I'd bet he is wrong again..What POS this guy Cramer

jmf said...

here more cramer calls....

http://immobilienblasen.blogspot.com/2007/02/rip-van-winklevs-cramer-hussman.html

skytrekker said...

Cramer is a DINO -Democrat in name only.

It is becoming increasingly negative 'image wise' to be Republican.

In all the years I have seen and heard Cramer; his actions, and ideals certainly do NOT espouse any principles of the Democratic Party- fascist though yes.

Anonymous said...

he is paid to say that....

Anonymous said...

If he can't see the obvious bust in the housing markey, what king of crap advice do you think he's giving on stocks.

Look at yourselves!

You people that are watching libtard Jim Cramer for advice on stocks are no smarter then the sheeple who listen to lereah.

You silly libtards

Anonymous said...

Maybe Cramer should invest heavily in Countrywide, Wells Fargo and other companies that are heavy into sub-prime mortgages.

Until this a$$ puts his money where his mouth is, he's nothing more than a ranting mouthpiece for the corrupt REIC.

Chris G

Anonymous said...

Cramer was on the Colbert Report a few weeks ago and Colbert had him contradicting himself every two seconds. Cramer is so thick he didn't even realize he was being exposed as the total buffoon he is.

George W. Groovy said...

Cramer reminds me of comic Louis CK, except he isn't funny.

Anonymous said...

Stop with the Democrat/Republican nonsense. Cramer was raised as a Democrat by his parents in PA.

Like many of us, we stay registered in the party of our parents. As we get older, our politics can change.

Cramer says he is a registered Democrat but is very, very close in his circle of friends with very wealthy Republicans.

Cramer says what he thinks you want to hear.

Jewnited States said...

Go cram housing into yo mama's portfolio Cram-er.

Anonymous said...

Short cut to poverty. Put your computer next to the TV, put on CNBC, Jim Cramer, and Kudlow. Listen to their advice and invest (I sorry, I mean gamble) your money. Ca chingo! You're broke! OH, wait, lets get Social Security money in Wall Street Casino's hands and Ca Chingo! You're homeless!

Anonymous said...

Cramer is a clown and a laughing stock among financial professionals. When you have soem time go to steetiq.com, doenload some of the podcasts and hear what the professionals think about him.

Anonymous said...

Keith,thanks for putting the bald headed moron in your blog.This is the most fun I had in a long time.Truth hurts so bad!

Anonymous said...

Cramer says he is a registered Democrat but is very, very close in his circle of friends with very wealthy Republicans.

Uhm look at where he donates. He gave $85,000 to the Democratic Party in 2000. Maybe in the past 7 years he's changed his tune, but when you give $85K to a party you're more than just registered, you believe in the cause.

Anonymous said...

4:14,

Yeah good advice man, I'd much rather send 12.4% of my income into a black hole called social security. I'm 33 and every single dime I have contribued so far, rought $100,000 since I started working full time is gone, bye bye adios.

It's fuckers like you who have bought into the myth that SS is a "safe" investment. It's fuckers like you that are forcing me to throw away 12.4% of my income every single year and never see it again. It's fuckers like you that are in the way of me keeping MY money and investing it as i see fit. If I lose it all in the market, so be it, it's MY MONEY what the fuck business is it of yours?

If you believe in SS you are truly a stupid person.

Anonymous said...
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dollarfray said...

Members of both parties are scum who love big government and control of other people. Hopefully, both national conventions will be terror targets. A lot of rats exterminated all at once.

Umm...
I thought they were human beans

dollarfray said...

Members of both parties are scum who love big government and control of other people. Hopefully, both national conventions will be terror targets. A lot of rats exterminated all at once.

But I thought they were human beans...

robert said...

I guess he didn’t get the memo:

http://www.detnews.com/apps/pbcs.dll/article?AID=/20070227/BIZ03/702270375/1001/BIZ

Can't sell, so owners give bank the homes

Desperate families walk away rather than lose them to foreclosure.
Ron French / The Detroit News

STERLING HEIGHTS -- Alan and Alyson Wirgau live in a cute ranch on a quiet suburban street next to an award-winning school. There's a new roof above their heads, a new deck in back and a For Sale By Owner sign in front.

Instead of weighing offers, the family is weighing an option that seemed unthinkable a year ago: If they don't sell their home soon, they may turn down the heat, load their possessions in a U-Haul and drive away.


With a job in Indianapolis and dim prospects for selling their home, the Wirgaus are considering handing the keys back to the bank and walking away from their home.
They are among a growing number of Michigan families asking lenders to take their homes off their hands. That trend, paralleling a rapid rise in foreclosures, illustrates the desperation some families feel as home values fall below their mortgage debt.