Cramer: Why I Took the Fed to Task on 'Stop Trading'

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Jim Cramer explains why he thinks the Fed needs to cut interest rates to keep the market from collapsing.

Tags for this video: business Cramer finance Jim Mad Money PG Stop Street thestreet.com Trading Wall

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Prophetic words ... ( 8 months ago by Greezbhal)

Prophetic words from Cramer. Looking back it's obvious the Fed was clueless until Bear was about to go down the toilet. In the clip of Cramer raging BSC is at 109.

I'm a professional ... ( 5 months ago by docrw)

I'm a professional trader and can tell you right now that Cramer is an idiot and videos like this prove that. I've kept track of his performance and it's terrible! He's lost people so much money it's amazing and never talked about on the show.... He a fuck up for sure!!! Careful with your hard earned money.

100% stand up... ... ( 5 months ago by Closeoutracer)

100% stand up... Even children can tell
who cares and who doesn't
When a car is stuck on the tracks and a train is coming the time for soft words is over...
The people on the tracks in this case ..14 million homeowners, Bear Stearns, and countless other Critical Financial personel.
Adults can learn from close calls.. if you and your family just managed to eek out of your car before it was train/hit you would remember.
The Fed let the Train hit-didn't have to.
Kudos Jim Cramer.

Well that's one ... ( 4 months ago by stealthswimmer)

Well that's one piece of anecdotal evidence....on the other hand my high school economics teacher took a lot of tips from Cramer...he invested in the stock market with 200 dollars when he started and he's around a little over half a million now. So I guess it just depends on the situation.

I have tracked his ... ( 4 months ago by docrw)

I have tracked his picks and the overall performance is horrible, if you've been paying attention you would also know this.

well there's the ... ( 4 months ago by stealthswimmer)

well there's the problem....I haven't been paying attention
:D

Lehman Bros., ... ( 3 months ago by beancube2008)

Lehman Bros., founded 158 years ago as a cotton-trading house, was expected to file for bankruptcy protection before the U.S. financial markets open. Talks designed to sell the investment house collapsed Sunday.
No bidder would buy the company without government assistance; the Bush administration was adamant that it would not rescue Lehman as it assisted the merger of Bear Stearns into JPMorgan Chase in March and seized control of mortgage giants Fannie Mae and Freddie Mac only a week ago.

Why people's income ... ( 3 months ago by beancube2008)

Why people's income tax dollars cannot drive government directly involve in housing mortgage. No matter how good, no governments have confidence about all United State Citizens, you. Universal Medicare shows their attitudes.

wow more videos ... ( 3 months ago by trevdogg100)

wow more videos like this one please.

"let me brake ... ( 3 months ago by nexus2xl)

"let me brake character"
He went more into it LOL

Prophetic words? ... ( 3 months ago by esmosis)

Prophetic words? Lowering the interest rate increases liquidity, but inevitably delays the problem as the mortgage-backed securities are still worth very little. Earlier in the year, many billions were already infused into these companies, but it didn't help. Cramer has been calling a bottom ever since November - great call! Honestly, people need to do more critical thinking and research rather than randomly take a video at face value.

Why do people ... ( 3 months ago by jmmacalalag)

Why do people listen to this idiot?

So what's the right ... ( 3 months ago by Metallic7Dust)

So what's the right answer?

Raise interest ... ( 3 months ago by miagrecl)

Raise interest rates and let the chips fall the way they were supposed too. What happened to a "free market." Cramer is one of the faces of the deception that has fueled the problem. His calls make me wonder why he was allowed to be on so long. Maybe, just maybe the investment bank CEOs wanted it this way. They get their golden umbrellas instead of handcuffs and we get the bill. Thx Cramer!

lowering the ... ( 3 months ago by AshtonKoocher)

lowering the interest rate was so that these people with the bad mortgages could refinance and lock in a lower rate, hopefully a fixed rate, so that we wouldn't be where we are today.

Ashton is right. ... ( 3 months ago by wearenotalone4sure)

Ashton is right. Banks are stuck on foreclosure not refinancing. I sold my financials the day after Cramer's big rant. I have ZERO USA stocks today. He saved me big bucks! No one is a perfect predictor. But he was so RIGHT on this one.

Not one is perfect, ... ( 3 months ago by Xonegod)

Not one is perfect, However he is good at seeing thrends and predicting... I have follow his investment advice for a number of years and 3 out of 4 times they make me average twice my money...
People that think this guys an idiot are just posting something because they can...Argh, internets. Usually they dont know the first thing about trading, stocks or finance for that matter.
He was on The Colbert Report... Quite calm.
..X..

He is "Allowed" to ... ( 3 months ago by Xonegod)

He is "Allowed" to be on for so long because his investment predictions are right on 3 out of 4 times. And because he makes people money and boy does he. Dont belive me, just do this. Next show select any of the two cheapest of the suggested stocks... Buy 100 shares of each.. wait two quaters. at least one will double, maybe both. Although taking into account our current financial situation... you might have to wait to alittle before you try.
..X..

Cramer was right.. ... ( 2 months ago by Soxxgo)

Cramer was right..he nailed it

Great call but, he ... ( 2 months ago by CASTLE520)

Great call but, he should have been fired for the childish rant. Eventually, he'll be gone for all his numerous wrong calls and the subsequent lack of viewers like Kudlow. Oh, and imagine how hard an interview when you have a financial in the entity conducting it.

CASTLE520 Kudlow's ... ( 2 months ago by Rizky06)

CASTLE520 Kudlow's only Viewer!

Admitted viewer. ( 2 months ago by CASTLE520)

Admitted viewer.

Who could've called ... ( 1 month ago by Yurmajestie)

Who could've called this?? I think he was trying to help us, whether you think it was 'right' or wrong.
You try to predict the stock market. Unless you have insider info...Don't bother.

We are at the ... ( 1 month ago by sugarpuddin88)

We are at the non-sustainability point of Democracy!
Pattern that put the banking Mafia in Charge: Community Rein Act, its enhancement in 95 under Clinton; ending the 1933 Glass-Steagall Act; Sarbanes-Oxley Act of July 2002; lifting of leveraging rules; TARP; elimination of the Uptict Rules; FED now rules commodity market = electronic counterfeiting of commodities (ending of 5th Amnd constitution of title); counterfeiting of securities is the new drug!

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