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‘Socialism’ Watch: Jim Cramer

Jim Geraghty alerts us to Jim Cramer’s new promotion for his CNBC show, Mad Money — Jim will show you how to Obama-proof your portfolio! I’m not sure how

Stefano Mclaughlin
News
Last updated: Jul 31, 2020 | Mar 03, 2009

Jim Geraghty alerts us to Jim Cramer’s new promotion for his CNBC show, Mad Money — Jim will show you how to “Obama-proof” your portfolio! I’m not sure how President Obama was to blame when Cramer told viewers to buy Bear Stearns right before it collapsed, but let’s move on.

The really interesting part of Cramer’s pitch is the language he uses to character the president and the Democrats. Like Republicans at the Conservative Political Action Conference, Cramer compares the majority party to Russian communists.

Government of, by, and for the corporation is perishing from the Earth … our country is now run by a president and a Bolshevik-leaning Democratic Party that are unfavorable to stocks and the people who own them.

Cramer recommends that voters buy the Obama-proof BHP Billiton, which dropped eight percent on Monday.

Stefano Mclaughlin | For the first five years of his career, Stefano worked as a financial advisor on state and local tax matters, developing internal marketing technology for his multinational tax business. With over 12 years of experience designing high-performance web applications and interactive interactions, Stefano is now a marketing technology specialist and founder.

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