Would you turn to an admitted felon for financial advice? If you knew your neighbor was stealing money from pension funds, IRAs and 401Ks, would you ask them to invest your retirement savings? Do you find yourself wanting to call Madoff and the CEOs of the organizations that stole your money to ask them to review your plans for retirement?
Jim Cramer, who runs a show called Mad Money on CNBC, admitted in this video that he is among the banking and investment criminals that have robbed you blind for years. He not only admits he did it, but thinks it was fun doing so.
Cramer says that what he did was common and well known, yet the SEC did nothing to protect any of us from him or other criminals operating mafioso-like hedge funds. Now CNBC actually pays this criminal to run a show called “Mad Money” where he acts like a clown on a stage telling you what stocks you should buy with foolish sound effects and childish banter of how great he is. Of course, he will not publish his track record, which independent studies have shown to be abysmal.
Cramer runs an investment blog called realmoney.com with fictional characters like Reverend Shark, who lost about 20 years in age overnight when his photograph, presented on RealMoney.com, an offshoot rip-off news site, suddenly changed the picture to a young smiling blond man from an aging dark haired snake. Has anyone investigated this fraud? He gives investment and trading advice, but this was complete fiction! Shark is an imaginary figment of Cramer’s mind. He doesn’t exist.
Jim Cramer told you to buy Bear Stearns numerous times, and then again in this video right before its complete collapse.
Then he followed by denying it and removing his buy recommendations from his web site thestreet.com like a twisted weasel. He lied numerous times, and he is being promoted by CNBC daily!!
Many more horrifically bad calls by Jim are presented on youtube.com. If you follow him other than to trade against his recommendations, you have likely lost a fortune. Ironically, as Jim promotes buying and selling stocks on a whim, both on realmoney.com and on his show, he writes a hypocritical article called “Stop Trading” in which he guides you to losing long term investments.
Do you remember Dr. Jack Kevorkian? He aided the elderly and chronically ill in committing suicide. He got away with it for years, because the government looked the other way, but then he made an appearance on television on 60 minutes and televised the act. Despite evidence showing the many he aided to illegally commit suicide, he was essentially ignored by our legal authorities for years. He had to actually murder someone ON TELEVISION to get arrested. That is our legal system at work. The criminal has to walk up to them and commit the crime in their face and the faces of all of America to get prosecuted.
Obama is focused on stem cells while these charlatans rob you blind. Our SEC is completely asleep at the wheel while television throws bad investment advice made by criminals in your face. CNBC is owned by GE!
Jim is a mini-Madoff and should be imprisoned. He is more than a criminal; he is a CNBC sponsored fraud that has now actually confessed to his crimes publicly.
Jim Cramer admitted to crimes against American investors. He apparently has been perpetrating his fraudulent activities for years. He admitted openly in the interview you watched above that he is peccant slime. What does our SEC do? Nothing. What does Obama do? Nothing. Where do your investment dollars go? Down the toilet. As Jim would say, Booyah!!
Art by: MyVorhias at Deviantart.com