BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Cramer on BloggingStocks: 'Groundbreaking' days are here again ]]>http://www.bloggingstocks.com/2009/06/18/cramer-on-bloggingstocks-groundbreaking-days-are-here-again/http://www.bloggingstocks.com/2009/06/18/cramer-on-bloggingstocks-groundbreaking-days-are-here-again/http://www.bloggingstocks.com/2009/06/18/cramer-on-bloggingstocks-groundbreaking-days-are-here-again/#commentsFiled under: , , , , ,

TheStreet.com's Jim Cramer says we're back in the thrall of Washington, and he for one is tired of it.

You just feel like telling President Obama, "Look, stay focused on getting us out of this severe recession in a responsible way without too much budget busting and things will all come together."

Instead, you wake up, and every day's historic ... including a lot of days you don't want to be historic. Or sweeping. Or groundbreaking. Like this one.

The only thing we really want to hear is that the U.S. growth rate is going from negative to positive, or even less negative. Now in our faces is the World Bank news from China that growth there is being raised from 6.5% to 7.2%. From the Chinese I can take all sorts of sweeping and groundbreaking and even, yes, revolutionary.

Continue reading Cramer on BloggingStocks: 'Groundbreaking' days are here again

Cramer on BloggingStocks: 'Groundbreaking' days are here again originally appeared on BloggingStocks on Thu, 18 Jun 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bbyfdxfeaturedfinancial regulationFinancialRegulationjim cramerJimCramerThu, 18 Jun 2009 09:50:00 EST<![CDATA[Paulson is a few years late and a trillion dollars short]]>http://www.bloggingstocks.com/2008/03/14/paulson-is-a-few-years-late-and-a-trillion-dollars-short/http://www.bloggingstocks.com/2008/03/14/paulson-is-a-few-years-late-and-a-trillion-dollars-short/http://www.bloggingstocks.com/2008/03/14/paulson-is-a-few-years-late-and-a-trillion-dollars-short/#commentsFiled under: , , ,

Talk about closing the barn door after the horses are gone.

Yesterday, Treasury Secretary and former Goldman Sachs CEO Hank Paulson called for greater oversight of financial institutions in the U.S. Apparently, some bankers got a little crazy with the fancy financial instruments and now the credit markets are busted. So Paulson is calling for a new sheriff to come in and clean up the town.

But where was the sheriff when the party was really going wild? This is not the time to worry about that. As Paulson said, "This effort is not about finding excuses or scapegoats. But poor judgment and poor market practices led to mistakes by all participants." You see, everybody is equally to blame. Bankers who made millions selling AAA-rated junk bonds, brokers who flipped houses on the side, little old ladies who lost their homes -- everyone made mistakes. Now it's time to clean up the mess, no questions asked and no hard feelings.

Continue reading Paulson is a few years late and a trillion dollars short

Paulson is a few years late and a trillion dollars short originally appeared on BloggingStocks on Fri, 14 Mar 2008 09:58:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>featuredfinancial regulationFinancialRegulationHank PaulsonHankPaulsonPaul VolkerPaulVolkerFri, 14 Mar 2008 09:58:00 EST