The market & Jim Cramer meltdown - from iTulip
Submitted by rescueus on Sun, 08/05/2007 - 00:40.
For those who share Ron Paul's Austrian economic view of the markets, the current credit crunch, housing bust and market volatility are no surprise. Here the folks at iTulip (who called the 2000 dot com bust) narrate yesterday's meltdown moment of perma bull and host of Mad Money, Jim Cramer.
It is said that a recession is when your neighbor loses his job and a depression is when you lose your job. Mr. "buy buy buy" sees the pain when it arrives on Wall & Broad.
This of course is just the latest consequence of the ongoing manipulation and intervention by the Federal Reserve and the resulting malinvestment. If you are a Ron Paul supporter (or just investigating him) and not entirely up on the economic issues Paul often speaks about, I would encourage you to watch the video from the Mises Institute "Money, Banking and the Federal Reserve". This video is an excellent primer on what money is, how it has been undermined, how the FED creates market disruption, who gets hurt and of course ... who benefits.
With greater understanding of the monetary issue, you will not only gain insight into Cramer's meltdown, but you will see the importance of economic liberty and how it is the cement in the foundation of personal liberty.
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"Da Bear" over at the Daily
"Da Bear" over at the Daily Reckoning suggested a slightly different distinction on the definition of recession I eluded to:
"When Main Street loses its job, it's a depression.
When Wall Street loses its job, it is HILARIOUS."
The size of an apartment or
The size of an apartment or house can be described in square feet or meters. In the United States this includes the area of "living space", excluding the garage and other non-living spaces.
For investors, profitability
For investors, profitability can be enhanced by using an off plan or pre-construction strategy to purchase at a lower price which is often the case in the pre-construction phase of development.
Drupal, like many modern
Drupal, like many modern CMSs, allows the system administrator to
create and organize content, customize the presentation, automate
administrative tasks, and manage site visitors and contributors.
Cramer is currently a market
Cramer is currently a market commentator and adviser to the TheStreet.com, as well as its largest shareholder.
Cramer now has his own
Cramer now has his own television show on CNBC, Mad Money with Jim Cramer, which features his rapid-fire opinions on stocks suggested by callers.
In February 2006, an SEC
In February 2006, an SEC investigation into allegations of collusion
between short-sellers and a stock research firm led to the serving of
subpoenas to TheStreet.com and Cramer, as well as journalists for Dow
Jones and Marketwatch.com.
During his years at Harvard,
During his years at Harvard, Cramer worked as a research assistant with Alan Dershowitz.
i measure the size of my
i measure the size of my apartments in feets.
i measure the size of my
i measure the size of my apartments in feets.
i measure the size of my
i measure the size of my apartments in feets.
i measure the size of my
i measure the size of my apartments in feets.
There is some disagreement
There is some disagreement over what Cramer meant by these comments.
Some say that the viewer was asking whether he should keep his
investment in Bear Stearns common stock, and Cramer was
advising him not to sell the stock in the belief that a company would
pay a premium to acquire Bear Stearns
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