posted on Mar, 12 2009 @ 11:11 PM
Cramer is an easy target, but if you've ever actually sat to watch his show, he advocates not trusting what others say, and doing your own homework.
His stock picks are hardly good, but his advice on method is actually pretty solid. If you've ever read his book "Street Addict" (A personal
favorite) you'll see that this is how Wall Street operates pure and simple. If you think that this is all of a sudden, that Wall Street is now some
demon...well Wall Street is also an easy scapegoat, but everyone checks the Dow and S&P...and everyone loves Wall Street when it's all good. You're
a hack if you think that Wall Street is going to change, or has changed since it's conception. Think of the movie "Wall Street"...or "Boiler
Despite what Stewart said, finance pretty much is a game, it's a game of risks and managing that risk, it's a market...it's all speculation of
wants and needs. I don't understand why people are painting Wall Street or even Jim Cramer with a broad stroke of corruption, because that's is
simply not true. There are shady people on Wall Street, and in Washington, even *gasp* Main Street. That's the makings of Capitalistic society, if
you don't like it, then advocate for another system, though frankly I don't think you'll find one that works in the benefit of more people.
Again, I'd like to point out how many free marketeers are on here, but they too blame Wall Street and are woe is me without taking responsibility for
their own actions. It's hypocrisy on both sides. You can call me whatever you want, I'm no "Cramerite" or "Wallstreeter" I'm a Capitalist, and
I'm giving it to you straight. Wall Street hasn't been fiscally responsibility am neither has main street.
[edit on 12-3-2009 by yellowcard]