Monday, August 6, 2007

Cramer melts down on CNBC
It's all right here:




I love his line about "they're building homes in Iraq ..." Yeah, right. Somehow, we can't help an American who might be in a jittery financial situation because of say, very high health care bills or some debt based on said bills, but they can give away billions overseas? Come on. We need to get this fixed, pronto.
Interestingly, on videos here: ["TheStreet.com"], Cramer says the housing industry isn't a big deal, only $35 billion, or about a quarter of what ATT's stock is worth. If it crashes, big deal, is what he is implying. Hmm. I wonder. I also like that he explains what he did saying, I was just telling it like it is.

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