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Some politicians have already suggested confiscating all 401k and IRA money and using it to start a massive gov pension program - like SS on steroids. Pelosi and Maxine Waters have publicly discussed this as a viable option.
The coming correction? What correction? Didn't you listen to Bernanke - QE will go on! As long as Bernanke's $85 billion dollar check shows up on time (it will) and is good (and we know it is since he can just conjure, er print, er "digitize" cash out of thin air), there will be no correction.
Ride the lightnin...more
It's bad that we've gotten to a point in our society where disagreeing with the behavior of others is the worst possible offense you could commit. You could drink a case of beer, get in your car and kill someone and you'd be a bad person. But if you speak up and disagree with the behavior of someone else, especially ...more
Here's my 2 cents, and that's probably all it's worth:
I personally like the inside of Lowe's stores more than HD. HD seems to be really dark and dingy - Lowe's is much brighter and cleaner. In our area, for plants and garden supplies, Lowe's is better. For lumber and hardware, HD wins. For bathroom fixtures (tu...more
So, according to Cramer, if you've recently taken some money off the table after realizing significant gains over the last few years, you're an idiot. I guess locking in profits is just stupid, eh Jimbo?
Let's look back to March 11, 2008, about 10 minutes before Bear Stearns went belly up. Here's what Cramer said ...more
Cramer doesn't know how to value Tesla and I just don't know anything about them. Don't they make electric sports cars? How big is the market for that? Anything with that low of a clearance isn't going to make it into my driveway anyway - literally, at least not without doing some damage to the under-carriage.
Let them unionize, it doesn't matter. The future is small businesses that are incredibly nimble and flexible anyway. This will be the only way to survive in the era of expanding laibilities, regulations, Obamacare, etc... Instead of bragging that you started a company and grew it to a couple thousand employees and t...more
5 days ago
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