Jim Cramer today made one of his best remarks ever on a matter not strictly investment-related. He told that idiot Mike Barnacle that if our Crack Dealer In-Chief, Barack Mugabe, really cared about fixing the economy, he'd call Ben Bernanke into the Oval Office and say "Ben, what should I do?".
Part of the significance of this lies in the fact that Cramer (again, I don't agree with him on a lot of things, but at least he isn't going to try to force me to admit that the sun sets in the east) was a famously outspoken critic of Mr. Bernanke in 2007. Nevertheless, he acknowledges the Fed Chairman's particular expertise in Great Depression Studies (did he get free Prozac for that?), and his deft handling of our financial crisis from a monetary standpoint.
I can't help noting that this remark came in the context of idiot Barnacle's hectoring of Cramer regarding why Wall Street can't rally in support of recovery and the good ole USofA. Cramer told him flat-out it's because there's nothing to rally about - this administration acts like it doesn't have a clue. Remember, Cramer is a self-identified Dem.
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