Entertainers have influence in the area of public opinion. Look at Jon Stewart and Rush Limbaugh. When opinion makers are attacking the White House the White House tends to comment. That is true in every administration.
As for Kramer being right or wrong, I think he's wrong and so do a lot of other people. But I don't think that anyone can be certain right now, maybe he's right. By and large I find Kramer's approaches to be far from thoughtful and I do prefer a more thoughtful approach. He's bombastic and he gets ratings, which is great. I think that his schtick in that article about being the defender of the little people, the common investor, is a load of self aggrandizing crap, which leads me to dismiss most of the rest of his theories. But the stimulus package and new budget plans are by no means sure things. Plenty of room for criticism on all sides. Judah On Thu, Mar 5, 2009 at 11:00 AM, Robert Munn <[email protected]> wrote: > > So why did the White House go out of its way to single him out, then? They > certainly did not treat him like an entertainer- more like a threat. > > He is saying he agrees broadly with the President, but that these programs > have to wait until the economy is in better shape or we are headed even > further into recession. And he's right. > > On Thu, Mar 5, 2009 at 10:42 AM, Judah McAuley <[email protected]> wrote: > >> >> Ummm..what is thoughtful about that response? I suppose there was less >> screaming than normal but I think that is because it is a text article >> not a tv show. Cramer is an entertainer, not a financial advisor. He >> should be treated as such. >> > >> > >> http://www.mainstreet.com/article/moneyinvesting/news/cramer-my-response-white-house?page=1 >> > >> > >> > >> > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:290627 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
