August 4, 2007
Jim Cramer Goes Crazy on CNBC, Warns of Crash
Rat Says: How can a lowly rodent predict this dynamic several years ago and Mr CNBC Ivy Leaguer, Jim Cramer just now start getting it? Well the answer is he has probably known for awhile, so why the on air rant now? It’s all about timing and when the big banks are positioned they will let the economy implode with the help of the complicit media.
Cramer was a very vocal critic of those that warned us of the “Naked Shorting” scandal. It is hard to believe he had no knowledge he was protecting criminals during this time. Now we hear Cramer predicting a financial Armegeddon, are we going to have a meltdown? Only the big banks know, but they definitely are indicating they are ready for the “show.”
Bottomline, Cramer is begging Fed Chief, Ben Bernanke to lower interest rates. The problem with that is Bernanke doesn’t make these calls himself, the banks do, he is their guy. This little stunt is all for show, just like the “naked shorting” cabal, this is all interconnected, the banks pull all the strings. Cramer is just an employee, an actor. The banks have painted themselves into a corner, raise rates and save the dollar or lower rates and save housing, pick your poison.
Did the banks do this intentionally? The best answer is yes, but we the general public will be left holding the bag. The correct answer is to raise rates and protect the dollar. To save housing now would be rewarding blatant greed and irresponsibility at the peril of those that took no part in this pyramid scheme. Does Cramer really think we care about these wall street hedge fund hooligans, corrupt mortgage brokers/bankers, and get rich quick real estate speculators? The housing bubble was never going to end pretty, it was just a device to prolong the implosion.
Back to the poison, raise rates and watch housing implode or lower rates and watch the dollar implode. Can you say depression? Now watch the show:
00:05:26
Jim Telling People to “Walk Away” from Homes
00:04:02










