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Message: I couldn't believe what I was hearing coming out of Cramer's mouth!

I couldn't believe what I was hearing coming out of Cramer's mouth!

posted on Jun 22, 2008 01:58AM

Can you believe that interview with Cramer? What was he thinking? He is so screwed up that he doesn't even know how screwed up he is.

Selected quotes: "It's very satisfying!" Here he's talking about basically screwing people out of their hard earned money. Satisfying! Satisfying!!!! Unbelievable. It's a testament just to how crooked these guys have all become. They say atrocious things and it doesn't even occur to them any more that they are atrocious. I find coaching baseball very satisfying, or making my famous pizza for my kids, or listening to my daughter's piano playing. What else does Cramer find satisfying? Pulling wings off flies? Incredible.

"What's important is that when you are in hedge-fund mode is not to do anything even remotely truthful." Can you believe this? Not just that he used to do this stuff, but that he's bragging about it. He's spending this interview basically telling how he makes up stories and lies routinely to make a buck. How he deceives and cheats every day.

His whole life as a hedge fund manager is about lying to get what he wants.

Are people suupposed to believe now that this liar is now a great guy who has only the best interests of his viewers at heart? The scary thing is that I think he might believe that.

OK, so it's amazing that Cramer who is supposed to be so smart actually was stupid enough to say such things in an interview, but the real fact of significance is that he was not ashamed about doing it. Don't you see what this means?

The mere fact that Cramer is so popular is evidence that the bull market in stocks that began in 82 must be getting ready to implode. When messiahs like Cramer arise, it must mean the end is near. When they become so overconfident that they will even say things like, to paraphrase, "You can't foment because it's illegal, but you do it anyway because the SEC doesn't understand it." The end must really be close. Can you believe he said that?

Some of you who have read me are familiar with what I refer to as my Arrogance Cycle. It can best be explained as an alternating movement from two extremes, Arrogance and Humility, including all the noble and ignoble human behaviors that manifest themselves along the way to and fro. The low point of humility is where good things begin to happen again to a country, company or leadership group. They have acknowledged their failures, regrouped psychologically and are ready to try again enlisting wise counselors to help guide them. They have been fearfull all the way down and now are starting to recover their courage and fearlessness. The peak of the arrogance phase is typified by a nothing could possibly go wrong attitude, fearlessness is at an irrational maximum. That's Cramer. Unbelieveable what I heard this guy saying in an interview in the internet age. He is on the way out, along with this whole hedge fund phenomenon, the naked shorts, fiat money, all of them. Honesty and honest money are on the way back in. It's a cycle, and cyclicity in life is nothing but inevitable. Bull

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Jun 23, 2008 09:07AM
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