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So Subprime Blows Up; So What, Says Cramer

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Author: TheStreetTV
Description: Jim gives you the scoop on why the $500 billion market is no threat to the market, even if it fully collapses.
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Cramer's awesome. He's made me a fortune. Whatever Cramer says... GO. THE. OTHER. WAY. Can't lose.

This is the same idiot who coined the phrase JDSU stands for "Just Don't Sell Us"... But that was back in late 1999 while it skyrocketed to over $1000 a share... It's at $3 now. He hyped the tech bubble, fell off the face of the earth and then winds up with his own show after people forget... He's a moron. But, I give him credit for being entertaining.

Criminal Douchebaggery...

What a douche!

WOW! He really lays it on thick. Stating that because of all money being tranched (divided) that the risk was diluted! The risk was EXPANDED - exponentially as a matter of fact. You just can't trust for-profit media. This guy will say anything as long as it sounds interesting and keeps viewers tuning in. The truth not only hurts, but most of the time it's boring.

Oh but how wrong he was...

I love Matisyahu, and GLD, and Zen, and Ramana, and of course kingofmilwaukee & megawavez!!! hahaha!!

Cramer is still awesome...BOOYAH!!! and kingofmilwaukee & megawavez... SCREWYAH!!! ha hahahahahahahahahaha! did I mention... HAHA!!!!

Cramer get stupider by the day.

dear god, move this guy to alaska

"Why is this man still allowed on TV??". Let me answer that question for you. In case you haven't noticed, incompetence is REWARDED in the United States. We've been mentally conditioned to not be judgmental of people. It's been that way here since the great "love in" during the 1960s. This is why the world has lost all respect for America. We are about to enter version 2.0 of the Great Depression. Everyone in the thinks we deserve it.

This ass being interviewed by this clueless woman who accepts everything he says reminds me of an ugly guy in a bar making up bullshit in order to get laid.

lol, the poor Jim means well but he doesn't know it all. Even more, sometimes he doesn't seem to know as much as he thinks he does.

Wow. I too can't believe he is still allowed on TV.

Is this a joke? Was he joking? This was a joke...right? Why is this man still allowed on TV??

what do jim cramer and henry paulson have in common? Answer: Goldman Sachs

God this guy is a stupid, arrogant douchebag. For all his blowharding I'll bet he can't legitimately make money on the stock market even. Talentless hack.

he turned it around in august 2007 when he melted down on national tv screaming that millions would lose their homes...

LOL @ Cramer. Typical of Todays financiers. Just lying to fit an agenda or really really uninformed.

Jim Cramer for us secretary of the treasury or Chairman of the Federal Reserve

How do NBC, CNBC, MSNBC justify keeping this guy on the payroll? They can't find anyone more informed than Jim Cramer? Jeez.

God damn big mouth Cramer..he just doesn't have any credibility...never had..

This was about June-July/07, just before the crisis started to get publically serious. I watched it again & still believe he was 'saying what he was told' in the most sarcastic and wildly overstated manner possible yet let loose with specific directions on where to look for 'the truth'. Changing the model forclosure rate dramatically affects valuations. He was saying "look at the data and come to your own conclusion" and "look here..."

I noticed. No impact. No credibility. Mole hill.

Munkeymon: You hit the nail on the head! Cramer looks like a complete idiot, "Nothing to worry about." Reporters looking for a non-story? Only Bears Stern will be affected? The risk is spread among so many foreign investors? Guess again shit for brains! Listen to your nephew and seek other work.

Tags: business Cramer finance Jim mad money stocks street thestreet.com trading wall

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