Gibbs Questions Jim Cramer’s Credibility
White House press secretary Robert Gibbs was invited to weigh in on yet another CNBC personality yesterday.
An NBC correspondent (natch) asked Gibbs about CNBC’s Jim Cramer, who has recently assailed President Obama for pushing "a radical agenda" that "put a level of fear in this country that I have not seen ever in my life."
Mr. Gibbs’ digs were less incendiary than the ones he took at Mr. Santelli on February 20, but they were there — "if you turn on a certain program it’s geared to a very small audience — no offense to my good friends or friend at CNBC," Gibbs said, "but the President has to look out for the broader economy and for the broader population."
More vaguely, Gibbs did suggest that Cramer’s track record is not one that should bring instant credibility, saying he doesn’t understand "the basis for what Mr. Cramer said, I’m not entirely sure what he’s pointing to to make some of the statements that he’s made. I think you can go back and look at any number of statements that he’s made in the past about the economy and where some of the backup for those are, too."
Past statements by Jim Cramer? What could Gibbs be talking about?
Well, his 2007 comments about subprime lending — "if every loan in 2006 that was subprime blew up…we would still not notice."
Or his legendary proclamation "Bears Stearns is fine."
This is not my fight; but this is what Gibbs was referring to.
- jpt
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The WH has enough on their plate dealing with national security and the economy without concentrating so much attention on individual citizens who disagree with policy decisions.
The lack of focus is troubling.
Posted by: mad | March 4, 2009, 9:15 am 9:15 am
Could be I am overly sensitive but it is unnerving to watch the administration attack private citizens with a vengeance greater than the attacks on political opposition
Posted by: smith | March 4, 2009, 9:26 am 9:26 am
Gibbs is unaware of controversy surrounding Chas. Freeman but knows all about Jim Cramer’s credibility, or lack thereof.
Disturbing lack of priorities exhibited here.
Posted by: mad | March 4, 2009, 9:26 am 9:26 am
Concerned:
The administration is not attacking. They are defending.
Posted by: JV | March 4, 2009, 9:28 am 9:28 am
He has a point with the Bear Stearns if fine thing, lack of credibility, however this administration has a tendency to seek and destroy anyone who would question it…I find that more disturbing.
Posted by: samhiguchi | March 4, 2009, 9:29 am 9:29 am
The Administration Is not Attacking They are Defending!
Posted by: Angie in PA | March 4, 2009, 9:33 am 9:33 am
I have watched Cramer for years and have found that he knows as much about the Market as the dog next door. If you track his picks you will find more times than not that he is off base. He is an entertainer and that’s about it. You would go broke in a real hurry following his advise.
Posted by: daveinfw | March 4, 2009, 9:39 am 9:39 am
This so called administration, being made up of tax cheats and liars, ARE scared…They see the demise and possible impeachment of Obama and the arrest of some very high democrat congressmen and senators.. The media is running cover for these individuals now..Like the Russian scholar is saying , O-dumb-ah will be declaring martial law soon, as more and more people see him as corrupt
Posted by: bawl knee phwank | March 4, 2009, 9:43 am 9:43 am
GIBBS is an IDIOT
Posted by: lb tartaglia | March 4, 2009, 9:48 am 9:48 am
Freedom of speech…..
Property rights….
…life….pursuit of happiness….
deceived people elected a destroyer
Posted by: Endra | March 4, 2009, 9:51 am 9:51 am
If I am not mistaken, wasn’t Gibbs ASKED about Cramer? He was responding not focusing. Perhaps you should be concerned about the fact that you cannot focus on what was in the print above your post(s).
Posted by: Indy One | March 4, 2009, 9:52 am 9:52 am
Attacking a private citizen? Whaat is private about Cramer? He makes a lot of money claiming to have the answers to individual finances and public policy issues in the most public forum available. When he raises issues they have to be addressed. Remembertoo that the comments are from the WH press office, who are doing there job, not from law enforcement, nor from the policy makers who are presumably trying to do their jobs without wasting time on answering hot air merchants.
Posted by: Jim | March 4, 2009, 9:53 am 9:53 am
Stanley Kurtz (during the election), Rush Limbaugh, Rick Santelli, and Jim Cramer.
Who else wants to join the list?
Posted by: MayBee | March 4, 2009, 9:55 am 9:55 am
I don’t like Cramer and rarely agree with his assessments on the economy but President Obama really needs to kick Gibbs to the curb. It’s impossible to believe that 100% of the media will ever be completely on board with any administration, and the attacks (and based on his tone they are attacks not defense) launched by Gibbs are completely unprofessional and not in harmony with how I feel about the current administration. I voted for Obama and think he’s doing a fine job so far but Gibbs is a man that has to go (or be placed on a very short leash).
Posted by: Jake | March 4, 2009, 9:56 am 9:56 am
I seem to remember the Bush administration attacking a certain Valerie Plame over comments her husband made.
Posted by: Tomd | March 4, 2009, 9:59 am 9:59 am
“Could be I am overly sensitive but it is unnerving to watch the administration attack private citizens with a vengeance greater than the attacks on political opposition”
What are you talking about? You are being overly sensitive. Gibbs is responding to a simple question, not attacking anyone. What a bunch of drama queens here.
Posted by: Huh? | March 4, 2009, 10:01 am 10:01 am
How Is Gibbs Attacking He was ASKED There is a Difference!
Posted by: Angie in PA | March 4, 2009, 10:02 am 10:02 am
Gibbs is creepy. He fits right in with the Bamster.
Posted by: Kitty | March 4, 2009, 10:03 am 10:03 am
If I am not mistaken, wasn’t Gibbs ASKED about Cramer? He was responding not focusing.
—————————————
Gibbs is asked many questions he avoids by claiming to be unaware of reports or articles. That strategy would have served him well in this case.
Posted by: mad | March 4, 2009, 10:03 am 10:03 am
Just another scam by the Obama team to try to get someone (Rick Santelli or Jim Cramer this time) so their Socialist policy will not attract to much attention.
They know the American people will not buy what they are selling,but if the focus can be diverted from the facts their mission has been accomplished.Wake up people!Freedom of speech is under attack.Go Rick and Jim keep telling it like it is.
Posted by: Johnny L | March 4, 2009, 10:04 am 10:04 am
Robert Gibbs is a dishonorable coward for assasinating the character of anyone who does not bow and scrape to this disgraceful administration.
Anything that comes out of Gibbs’ mouth or office has no worth, no value, no integrity whatsoever.
Gibbs = Coward
Posted by: JD | March 4, 2009, 10:08 am 10:08 am
Gibbs is unaware of controversy surrounding Chas. Freeman but knows all about Jim Cramer’s credibility, or lack thereof.
Disturbing lack of priorities exhibited here.
Posted by: mad | Mar 4, 2009 9:26:48 AM
**********
Exactly. Obama is waaaay too thin skinned to be president.
Posted by: Peach | March 4, 2009, 10:08 am 10:08 am
Mr. Gibbs is the worse White House spokeman for Mr. Obama in this history.
He is kind of creepy.
Posted by: anonymous | March 4, 2009, 10:09 am 10:09 am
Jake …. what happened to the White House ignorant blog …. I thought it was your most honest to date.
Posted by: beebop | March 4, 2009, 10:10 am 10:10 am
I do not truct Cramer or Kudlow or any Wall Street captains of industry whose great expertise and vast knowledge put us in the worst meltdown in our history. They know Jacksh**. I much more trust President Obama who is doing a great job of curtailing the meltdown, or freefall if you will. Obama is going to ensure strong regulation and oversight will become the norm in our banking and financial markets and that is what we need. Of course Wall street can’t stand it and yet they did this to themsleves but have to blame someone. So in their eyes Obama is to blame. Which just goes to show you how uttery delusional and sick they are. The captains of industry did this to themselves in their lust and greed for more money and anyone who stands in their way or wants regulations is bad. That is what is gonig on folks. Watch the captains of banking and finance try to slander Obama because he is making them behave.
Posted by: eyeonyou | March 4, 2009, 10:12 am 10:12 am
Cramer attacked the Pres – Not the other way around!
I like Cramer’s zany style, but he is off the reality mark!
Pres Obama is on the right road! We will get out of this mess if we continue to follow the lead.
This is NOT a time to panic – it is a time to be smart!
I’m so glad I voted for Obama! Whew! It was one of the best darn decisions I have EVER made!
Posted by: American Woman | March 4, 2009, 10:16 am 10:16 am
Excellent comments by Gibbs. It’s time somebody put those charlatan clowns – Kudlow, Cramer, Orman, et al – in their place.
Posted by: Sam | March 4, 2009, 10:18 am 10:18 am
Hey Jake, thanks for the context re: Jim Cramer. I think it’s important that these shysters be called out for their obvious wrongheadedness and advice, as Gibbs mentioned, so I appreciate you doing the research to find out what he meant. Thanks again.
Posted by: STILTON | March 4, 2009, 10:18 am 10:18 am
seems all that attack o’bma’ just call names?..are they as really stupid as they write?, or just bored with what they were in x-pres times, and did not write out of fear?..
Posted by: andybear3 | March 4, 2009, 10:19 am 10:19 am
Nice to see the talking points are again distributed: Attack Gibbs for attacking “private citizen.” From what orifice did the GOP pull this criterion?
Jim is a smart guy, but he’s a stock picker and hedge fund manager, not an economist. He, like Rush, is now a gasbag showman.
Nice to see the GOP is encouraging a dignified approach that ignores people like these, but they no longer have immunity.
Posted by: Henst | March 4, 2009, 10:22 am 10:22 am
Hey American WOman: I’m glad I didn’t vote for Bush or Obama. They are both creepy. I need a bumper sticker that says “Don’t blame me. I didn’t vote for either one of them.”
Posted by: Kitty | March 4, 2009, 10:24 am 10:24 am
Kramer is a Shamwow salesman
Posted by: Dan Lee | March 4, 2009, 10:24 am 10:24 am
Cramer, also, is a Shamwow salesman.
Posted by: Dan Lee | March 4, 2009, 10:27 am 10:27 am
It’s not about shouting all the time, thinking they know it all, why didn’t they see this problem before it happened, all they have to now is go away and let Obama clean all their mess,I remember asking people then to buy house, not telling them that prices are too high, now they all want to play economic guru, dope heads.
Posted by: john | March 4, 2009, 10:28 am 10:28 am
I appreciate the background on Cramer. Amazing how these pundits can be so wrong and still expect American citizens to listen to them.
Posted by: Anj | March 4, 2009, 10:29 am 10:29 am
Mr. Gibbs needs to get his head out of the sand! Better yet, retire!
Posted by: Kay | March 4, 2009, 10:32 am 10:32 am
Cramer is often wrong. He was a big Obama supporter during the elections.
At least he doesn’t talk about Profit and Earnings ratios when he gives investment advice, though.
Posted by: MayBee | March 4, 2009, 10:33 am 10:33 am
The notion that Obama “inherited” this mess is a lie by ommission at best. Whether you care to admit it or not, he voted for most of the stuff he “inherited”. He was a US Senator prior to this new job he’s taking a stab at. Be honest with yourselves. Like Dr. Phil says you can’t fix what you don’t acknowledge.
Posted by: Kitty | March 4, 2009, 10:35 am 10:35 am
Amazing how these pundits can be so wrong and still expect American citizens to listen to them.
Posted by: Anj | Mar 4, 2009 10:29:03 AM
*********
Sounds like the perfect description of Obama.
Posted by: Peach | March 4, 2009, 10:37 am 10:37 am
If we aren’t careful the rest of the world will start to think we don’t know what we are doing, and that TV and radio stars are running our country. OH WAIT they all ready do Russian Foreign Misiter Panarin just said he sees us going down in 2010 because we have no rudder and are braking up. Guess he and Mr Cramer along with Rush Limbaugh got a memo I did not get.
Posted by: Bonnie Kimberly | March 4, 2009, 10:38 am 10:38 am
The list of Democrats attacking Obama’s cluelessness regarding the economy is growing daily.
We’re witnessing the most expensive learning curve in America’s history.
Posted by: Peach | March 4, 2009, 10:40 am 10:40 am
you guys might remember that even the best pundits and the best managers and the best hedge fund types make their mistakes. and even the best politico types and the best Presidents make their mistakes.
the one thing we the citizens and investing public have to remember is that a lack of truth+transparency got us here and will get us here in similar situations if we don’t ask questions and get facts.
question everyone!
Posted by: howard | March 4, 2009, 10:41 am 10:41 am
Kitty
87 Percent of the People Say Obama Iherited This Mess Not caused it
Posted by: Angie in PA | March 4, 2009, 10:41 am 10:41 am
These critics of Obama, such as Limbaugh, Cramer or anyone else who dares to challenge this administration, need to be arrested and put in a political prison. This type of traitorous activity cannot be allowed in this country. Cuba and North Korea have the right idea and I urge Leader Obama to act now. I hope that Leader Obama will use the vast power of the government, including those Clinton era FBI files, to harrass, stop and arrest these traitors. Act now and we can ivestigate later.
Posted by: Sigmonde | March 4, 2009, 10:42 am 10:42 am
87 PERCENT OF AMERICANS DO NOT BLAME PRESIDENT OBAMA FOR THE ECONOMY. BUT SAY HE INHERITED IT.
Posted by: Angie in PA | March 4, 2009, 10:43 am 10:43 am
I listened to Cramer a few years ago when he was push9ng Sirius satellite radio, I bought but missed the program less than a week later when he reversed himself. Listening to Cramer cost me a couple of thousand dollars, never again.
Posted by: JR | March 4, 2009, 10:43 am 10:43 am
“Carnegie Mellon’s Allan Meltzer ‘refuted Mr. Obama’s characterization of the market as fluctuating. ‘”The stock market has not been ‘up and down’ since January 20. It is mostly down substantially. And it falls especially on days when the administration announces its plans and proposals.”‘ James Pethokoukis, in his blog for U.S. News and World Report, says, ‘Week after week, investors have looked at stimulus plans, bank rescue plans and housing plans and taken little or no confidence from them.’”
That horrible sinking feeling is beginning to set in, as with every passing day it becomes more apparent that this bunch doesn’t have a clue what it’s doing, and that much of what it is doing is exactly the wrong thing.
Posted by: Fascist Hyena | March 4, 2009, 10:44 am 10:44 am
uh oh looks like the GOP is poised to grasp hold to a new leader of the Party.
Move over Joe the plummer, sara P and elrushbo.
Posted by: Omentum | March 4, 2009, 10:44 am 10:44 am
It’s innovation that they’ve found a new way to drum up a new day-time TV populist chord. I don’t know if they take themselves seriously or not. Either way, I would smell blood in the water, if I were an atlantic shark.
Posted by: Mark | March 4, 2009, 10:44 am 10:44 am
“the broader population?
Is he kidding? What broader population would that be Mr. Gibbs? Those who haven’t lost their jobs, 401(k), pension funds, retirement savings? Because each and every member of THAT population is affected and has been affected, severely, by the spiraling downturn in the financial sectors, markets, etc.
It’s obvious Mr. Gibbs is clueless; I am just hoping the rest of the administration has a bit more on the ball or we may be in for much more serious economy trouble than we can imagine.
Posted by: ainnj | March 4, 2009, 10:45 am 10:45 am
“87 Percent of the People Say Obama Iherited This Mess Not caused it ”
Yeah, sure. These are the same people who say Bush didn’t inherit the Clinton recession.
Posted by: Sigmonde | March 4, 2009, 10:45 am 10:45 am
Angie in PA:”87 PERCENT OF AMERICANS DO NOT BLAME PRESIDENT OBAMA FOR THE ECONOMY. BUT SAY HE INHERITED IT.”
Ultimately though, by the next election he will own it. Unless the Republicans whine loudly enough they successfully burnish the image of being the stalwart roadblock that stops anything from getting done. Then it’ll be theirs (judging from current polls, this is the road they’re headed down now).
Posted by: jhw539 | March 4, 2009, 10:46 am 10:46 am
What he inherited he has made incalculably worse. The Dow stood at 9,564 on the day he was elected. It was at 8,275 on the morning of his inaugural. Everything he has said and done since he was elected has destroyed wealth across America.
Posted by: Fascist Hyena | March 4, 2009, 10:46 am 10:46 am
Another pro Obama/DNC spin job by Tapper and Co.
When are we going to get some REAL journalists in this country?
Posted by: rural Americans | March 4, 2009, 10:46 am 10:46 am
Obama did not make this mess, but he as a Senator voted to add to it. Along with ALL the GOP adn ALL the Democrats. Pelosi is as much to blame for this as Bush. You can lay most of the ground work for these fiscal diasters all the way back to Bill Clinton. There is not a single, twice accursed politician in Washington today of EITEHR party that does not deserve all the blame for the mess America is in right now. This has nothing to do with anything wrong with the institutions nor the country as a whole. IT has everything to do to bad policies and idiocy from a cadre of leadership from both sides of the political aisle that push their own ideologies and personal agendas. Nothing will be fixed long term till the whole septic tank of Washington, DC poltics is flushed like the refuge it is, and that includes Obama, his cabinet, all the Democrat Congressman and all the vestigue GOP hangers on still around after the last few political voter revolts.
Posted by: grayburst | March 4, 2009, 10:47 am 10:47 am
“Unless the Republicans whine loudly enough they successfully burnish the image of being the stalwart roadblock that stops anything from getting done.”
It’s what’s already been done that is destroying American wealth at breakneck speed. From the time he was elected he has declared his hostility to capital (higher taxes on gains, dividends, interest, and overseas income). As a result, capital has left the building. What, exactly, would you expect would happen?
Posted by: Fascist Hyena | March 4, 2009, 10:48 am 10:48 am
Another pro Obama/DNC spin job by Tapper and Co.
When are we going to get some REAL journalists in this country?
Posted by: rural Americans | Mar 4, 2009 10:46:44 AM
======================
What planet are you from?
Tapper is one of the toughest critics on Obama.
Nice of you to be so selective in reality but this one doesn’t past the sane test.
Posted by: Omentum | March 4, 2009, 10:50 am 10:50 am
A man who has never managed a single business, created a single job or had any insight into a capitalist system that didn’t involve undertones of a Marxist ideology — knows much better than a man who has made economics his life. Please…Obama is an economic lightweight that has hurt the market, hurt those invested in the market (retirees, teacher unions, etc) and who has no clue on how the markets work. He has spent his life demonizing those who create jobs, add value to consumers and generate our prosperity. Not to worry…Obama knows government bureaucrats that will do a better job at building your children’s future than free markets. You should find comfort in the fact that a Marxist ideologue will do the right thing for this economy.
Posted by: CannonRay | March 4, 2009, 10:51 am 10:51 am
“Obamas is the most expansive learning curve in US History”? Where do these posters get their statistics. If anyone had a steep learning curve it was Bush learning to speak to the public clearly and completely… and that was before he had to learn politics.
Posted by: james | March 4, 2009, 10:56 am 10:56 am
CannonRay:”A man who has never managed a single business, created a single job or had any insight into a capitalist system that didn’t involve undertones of a Marxist ideology — knows much better than a man who has made economics his life.”
You may be surprised to hear that the President actually has a substantial staff, and that this administration (like most actually, the last one was a real outlier) listens to well regarded professionals in matter of policy like this. Kramer is an entertainer, and a stock picker, but he is not any sort of economic guru.
Posted by: jhw539 | March 4, 2009, 10:58 am 10:58 am
His performance pencils out to a -28% in the Dow since election day. That is known as a resounding vote of no confidence from the source whose confidence is essential to economic recovery.
Posted by: Fascist Hyena | March 4, 2009, 10:58 am 10:58 am
How many times did the Bush administration take on a tv pundit or radio personality? I’m sure they did, I just can’t recall the the news articles where Rove, Andy Card, and others had daily phone calls to discuss the continued bashing of critics. I can’t imagine I missed it. The hew and cry would have been equal to a tsunami. Yet, Begal, Carville, Emanuel, Axelrod, Gibbs and Pleuffe(sp?) have daily phone calls to do just. Strategize on public critics of the administration. Very odd how things are overlooked when you have a (D) after your name. Very odd indeed.
Posted by: Axey | March 4, 2009, 11:00 am 11:00 am
“According to the AP, ‘After being accused for weeks of being too negative about the economy, Obama recently has shifted to a more positive tone.’ But ‘some lawmakers challenged the administration’s predictions for such a speedy recovery. The budget forecasts that the economy, as measured by the gross domestic product, would shrink by just 1.2 percent this year and then snap back and grow by a solid 3.2 percent in 2010, followed by several years over 4 percent. That’s more optimistic than most private forecasts, and comes despite a new government report showing the economy contracted by 6.2 percent in late 2008, far more than the 3.2 percent drop first reported.’ GOP Rep. Kevin Brady is quoted as saying, ‘It looks like somebody’s cooking the books.’”
Wonder what odds you could get in Vegas on that 3.2% growth projection for 2010?
Posted by: Fascist Hyena | March 4, 2009, 11:01 am 11:01 am
Cramer IS an idiot…he’s been touting Tenet stock for years and it’s gone from $52 a share to about 78 cents! But Gibbs isn’t much better in terms of job performance. This guy is supposed to be the face of Team Obama but he is a boob. He laughs wildly at inappropriate times like some sort of nutcase. Gibbs is almost as unprofessional and unpolished as, um, um, ahh…Geithner…
Posted by: feudi | March 4, 2009, 11:02 am 11:02 am
Facist Hyena:”That is known as a resounding vote of no confidence from the source whose confidence is essential to economic recovery.”
When the stock market is rallying to over it’s election day (cute that you pick then rather than when he actually took over or started releasing real economic plans) in 2012, will you be in here crediting Obama? Or is he only to blame for the falls?
Take a look at a graph of the S&P500 for the past 12 months. It shows a very consistent trend that sure didn’t start in November.
Posted by: jhw539 | March 4, 2009, 11:03 am 11:03 am
Give Obama a break! He cannot do much of significance to affect the economy one way or the other in less thant two months in office. The economy has been suffering from fundamental problems for far too long. If Mr Cramer is expecting anything to change from Obama’s 44 days in office, he cannot be an economist of any worth!
Posted by: Tom | March 4, 2009, 11:06 am 11:06 am
Obama’s 2010 budget proposes a 45% death tax. It is currently 0.
So Kramer is right. Obama is a destroyer of wealth. And I would add: Deliberately.
Posted by: Peach | March 4, 2009, 11:07 am 11:07 am
What should give everyone pause is that Obama is making these sweeping policy changes without any tax advisors. So while I have no knoweldge that Obama is listening to his advisors, and no one else can make that claim unless you are an advisor, I can make the claim that he does not have a full compliment of advisors and that is a problem.
Posted by: Gordon | March 4, 2009, 11:07 am 11:07 am
Typical tactics of the nefarious Obama Administration. Criticize us and we, along with the State run media, will attack your credibility.
Cramer better call Joe the Plumber and then hide his bank accounts in other countries.
I miss the Republic.
Posted by: Mike | March 4, 2009, 11:08 am 11:08 am
Yesterday Obama said: “What you’re now seeing is a profit and earnings ratios get to the point that buying stocks is a good thing if you have a long-term perspective on it.”
Shouldn’t a President of the US know that “P/E Ratio” means “price-to-earnings ratio,” not “profit and earnings ratio?” There is a difference.
Posted by: Peach | March 4, 2009, 11:11 am 11:11 am
OMG, lets go after media and talk show hosts and keep the attention away from the real problems. The distraction will help the White House to swept more things under the rug.
Posted by: Lizzie | March 4, 2009, 11:12 am 11:12 am
Axey:”I’m sure they did, I just can’t recall the the news articles where Rove, Andy Card, and others had daily phone calls to discuss the continued bashing of critics. I can’t imagine I missed it.”
Are you serious? Putting aside the hit job on Valerie Plame, or their trademark slander the messenger attacks on everyone from Richard Clarke to Paul O’Neill, Bush himself flat out accused the NY Time of treason for their reporting. The ‘with us or against us’ ‘bring it on’ rhetoric was regularly targeted against any domestic criticism. It is laughable to suggest they were somehow above the current administration’s approach of responding to critics – a current approach which does not yet question patriotism nor accuse critics of a capital crime.
Posted by: jhw539 | March 4, 2009, 11:12 am 11:12 am
Yeah – let’s give tax breaks to the wealthiest 5% including those that raped the country in bank and realestate meltdowns and then start another unprovoked war and then lie about it all all the while increasing surveillance on those that are upset with it all…
Or shall we let our president have a little time to implement some new strategies. Give the guy a break and a friggin chance to undo the mess of the past eight years. And btw, if you voted for Bush – SHUT UP!!
Posted by: Johnnyr51 | March 4, 2009, 11:16 am 11:16 am
In other news, Evan Bayh has called upon President Obama to veto the Omnibus Spending bill.
Posted by: MayBee | March 4, 2009, 11:16 am 11:16 am
Why is the Obama administration singling out radio and TV hosts? Why are they trying to disparage and humiliate their few critics? This snideness and petulance by Obama and Gibbs must stop.
They need to focus on thr ecomomy and national security, not participate in immature playground tauntings.
Posted by: Doh! | March 4, 2009, 11:16 am 11:16 am
In his book Das Kapital, Karl Marx wrote ominously in 1867:
“Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized and the State will have to take the road which will eventually lead to Communism.”
It helps to have willing accomplices in the White House and in Congress.
Posted by: Peach | March 4, 2009, 11:17 am 11:17 am
To Conerned in OH::
The “marxian” mess were in you so aptly quote began in earnest with Reagan and his policies. Unabashed credit and tax breaks for the wealthy are a republican legacy that we are paying for now in spades.
Posted by: Johnnyr51 | March 4, 2009, 11:21 am 11:21 am
Peach: What specifically is your obsession about an estate tax starting at assets valued over $3.5 million / $7.5 million joint? George Bush’s tax cuts very clearly impose the estate tax – do you know why he didn’t make the temporary estate tax cut permanent? As far as job generation go, the estate tax is a no brainer to prevent stagnation of wealth and encourage incorporation.
Posted by: jhw539 | March 4, 2009, 11:22 am 11:22 am
{no offense to my good friends or friend at CNBC,” Gibbs said, “but the President has to look out for the broader economy and for the broader population..}
My question: WHEN??????????????
Posted by: littleleeers | March 4, 2009, 11:22 am 11:22 am
Obama keeps lying and saying he inherited the worst economy. It’s so provably untrue that he must be assuming most folks won’t look it up.
The January unemployment rate was 7.6%. The revised gross domestic product showed economic activity declined at a 6.2% annual rate in the fourth quarter of 2008. Those two statistics demonstrate that far from being the worst in history, this recession still isn’t as bad as 1982 recession which saw 10.8 % unemployment and a 6.4% decline in GDP.
Posted by: Peach | March 4, 2009, 11:23 am 11:23 am
I’m intensely curious as to how all the anti-Obama “les debiles” ever learned to work the computer. I mean it does take a modicum of intelligence to use one.
Posted by: SAm | March 4, 2009, 11:23 am 11:23 am
The President, his press secretary or any administration officials should not be attacking radio and tv hosts or anyone for that matter. It’s amateur hour at the White House.
As for Mr. Cramer, he is correct to say that Obama’s goal is wealth redistribution. That’s obvious. That’s why this centrist Democrat did not vote for him. My party has taken a sharp turn left away from the mainstream of this great country.
Capitalism is what made America a great land of opportunity. You win some, you lose some. Having the chance is what counts. Despite what Newsweek mag rag says, socialism is not a good thing for the U.S., it’s European models have failed and are nothing to emulate. Newsweek’s Wash editor and the co-author of the pro-socialism cover story is Evan Thomas, whose grandfather was 6 time Socialist Party Presidential candidate Norman Thomas who once said:
“The American people will never knowingly adopt socialism, but under the name of “liberalism” they will adopt everey fragment of the socialist program, until one day America will be a socialist nation without knowing how it happened”
Wake up America!
I suggest giving up kool-aid for Lent.
Posted by: R | March 4, 2009, 11:23 am 11:23 am
Trashing your critics as small-time players looking out for no one but themselves is very bad PR. Americans are smart enough to toss out Cramer’s ADD hogwash on their own.
Posted by: matt | March 4, 2009, 11:25 am 11:25 am
It’s a shame that Obama is proposing making the death tax go from its current 0% to 45%.
Yes, we all want our family’s money and generations of savings to go to the federal government. **rolling my eyes**
Posted by: Peach | March 4, 2009, 11:26 am 11:26 am
“We are all Keynesians now!” Do some research and you will find that all this inheritance of debt started in the early 1900s. Our constitution has been totally violated and once this fiat money system finally crashes maybe then as a nation we can realize our founding fathers wisdom. Saving free market capitalism is simply a guise used to push this administrations socialist agenda. Private citizens, private property, private anything……yeah right.
Posted by: ben | March 4, 2009, 11:26 am 11:26 am
Cramer is a clown, and Gibbs is full of it. Which one is better?
Posted by: L | March 4, 2009, 11:26 am 11:26 am
Johnnyr51: I would be nice IF the Pres would do the job he was elected to do, but for him to let Queen Botox Pelosi and Prince Harry Reid run the country and him still being in campaign mode, oh I forgot the next election is coming in 2012.
Posted by: Lizzie | March 4, 2009, 11:27 am 11:27 am
Cramer is a total idiot who gives bad financial advice. I often wonder why he has a job on MSNBC… Still, I think the White House has bigger fish to fry than go after idiots like him. And I’m sure they would if the press corps would stop asking them to respond to the comments of news personalities. I don’t remember the press corp asking Bush’s press secretary to respond every time a financial journalist slammed the administration. To my ears, this reeks of media irresponsibility.
Posted by: Southern Girl | March 4, 2009, 11:28 am 11:28 am
====Posted by: jhw539 | Mar 4, 2009 11:12:25 AM====
Great. Someone helped me remember the times Bush personally attacked a tv pundit or radio personality. Now, which one was it again? You failed to mention them by name and I want to google it.
Posted by: Axey | March 4, 2009, 11:28 am 11:28 am
CannonRay:”The market is reacting in real-time to Obama’s policies and leadership.”
I’ll add you to the list of folks to ask for opinions in 2012 (or likely even next year) what you think the market is saying. When there is a rally to above it’s level on inauguration day, by your simple logic it will be a clear endorsement of Obama, his leadership, and economic policy. Simple black and white. I’m sure he’ll be happy for your vote in 2012.
Posted by: jhw539 | March 4, 2009, 11:28 am 11:28 am
I just love reading about posters who think the rich should pay more taxes. These are the same posters who defended all the tax cheats in the Obama administration, including the tax cheating Treasury Secretary.
Posted by: Peach | March 4, 2009, 11:29 am 11:29 am
Peach: We’re witnessing the most expensive learning curve in America’s history.
– You’ve obviously missed the learning curve President Bush enjoyed. Afganistan, Iraq, Katrina…and those were before the “sub-prime” issue.
Posted by: Heather | March 4, 2009, 11:30 am 11:30 am
Southern Girl -
Cramer is on CNBC. Not MSNBC.
It really is apparent which posters watch the financial news.
Posted by: Peach | March 4, 2009, 11:30 am 11:30 am
Axey:” Someone helped me remember the times Bush personally attacked a tv pundit or radio personality. ”
Rush Limbaugh has clearly established himself as a leader of the GOP (Congressmen and even the Chair of the Republican National Committee have been forced to tow Rush’s line). If you cannot find an instance of Bush questioning a Democratic leader’s patriotism, you are not looking too hard.
The comments about Cramer were by the Press Secretary during one of the very common press sessions. It’s not like Obama is really giving this any thought.
Posted by: jhw539 | March 4, 2009, 11:31 am 11:31 am
Then 87 percent have their ears plugged and their eyes covered and are singing La, La, La! Congress (including Obama and McCain) messed up the economy.
“And btw, if you voted for Bush – SHUT UP!!”
Wow, I didn’t vote for Bush but what a truly frightening statement. Was there only freedom of speech under Bush?
Posted by: RP noituLOVEr | March 4, 2009, 11:32 am 11:32 am
Concerned in Ohio,
You’ll notice that Gibbs was set up by, who else? NBC. He was asked to respond to Cramer’s comments — what was he supposed to do? In the future I hope he ignores these questions (but of course then he will be critiqued for dodging questions and “contributing to an atmosphere of secrecy”). And I wouldn’t worry about poor little Cramer or NBC — they are loving the publicity!
Posted by: Southern Girl | March 4, 2009, 11:32 am 11:32 am
…and the markets are not reacting to “leftist 19th century” ideology. They are reacting to the same thing that began this mess. Greed. Run for the hills – hide your money in the closet – buy gold!! Anything but help but the economy back on track…me me my mine is all the market is about. If it trulyu reflected Obama’s vision, the energy, banking and human sectors would be optimistically growing taking everything else up with it. But its not
following Obama – its stuck in Bush metality – “hey, what about mine?” – “hey, how can I make a bazillion real fast?”…”hey, give the big corporations tax breaks and let them do anything to make profits” so the market will go up!!”"
Its all BS…take your Bush and beat it.
Posted by: Johnnyr51 | March 4, 2009, 11:32 am 11:32 am
You’ve obviously missed the learning curve President Bush enjoyed. Afganistan, Iraq, Katrina…and those were before the “sub-prime” issue.
Posted by: Heather | Mar 4, 2009 11:30:04 AM
*******
Surely you meant to include Congressional Democrats who voted in large measure for both wars, didn’t you? And I will note the Intelligence Committee saw the same intelligence as the president.
As to Katrina, I can see you’re also forgetting that both a Democratic mayor and Governor run that city and state. I watched as they admitted on the day before the storm hit they had just gotten off the phone with the president at 10:00 in the morning and he ORDERED them to make the evacuation mandatory.
Now, maybe it’s just me, but when a Level 5 hurricane is barrelling down on my state and I’m under sea level, I don’t need the president to tell me what to do. But the Democrats who ran that state sure did.
Posted by: Peach | March 4, 2009, 11:33 am 11:33 am
Peach:”Yes, we all want our family’s money and generations of savings to go to the federal government. ”
We ALL don’t have parents who are expected to die with over $7 million. We ALL don’t expect to live off our parent’s achievements. We ALL aren’t shedding many tears that Paris Hilton may only inherit $1.2 billion instead of $1.6 billion. We ALL don’t think that stable society and first world infrastructure is a waste.
Posted by: jhw539 | March 4, 2009, 11:34 am 11:34 am
====Posted by: jhw539 | Mar 4, 2009 11:31:24 AM====
You sure Obama isn’t giving it any thought? You wouldn’t want me to look up and report back to you what Obama has personally said about Rush Limbaugh and Sean Hannity, now would you? And if it comes from Obama’s press secretary, it comes from Obama. Obama isn’t questioning the validity of what they are saying, he is mocking them. Is that really how you want the president of the US to act? Especially when he promised hope and change? To continually compare Obama’s performance to Bush’s performance, i.e., Bush did it, the left is recognizing that Obama isn’t changing anything. There is some progress in that, I suppose.
Posted by: Axey | March 4, 2009, 11:36 am 11:36 am
jhw539
When President Bush took office the estate tax exemption was $650,000, when he left ids was $3.5m. He didn’t make it permenant because the democratic Congress didn’t do it. OPbama still has time, the decrease in taxes doesn’t expire for another year. Do you think he will, no, he has already said he will let the Bush tax cutes expire. A TAX INCREASE FOR YOU AND ALL YOUR LIBERAL FRIENDS.
Posted by: dsimms | March 4, 2009, 11:37 am 11:37 am
Axey:”You wouldn’t want me to look up and report back to you what Obama has personally said about Rush Limbaugh and Sean Hannity, now would you?”
Do you read my replies? I clearly put out the rationale for Obama replying directly to Rush. Can you respond to my reasoning, or do you just ignore it and keep ranting?
I am amused by your view that Obama is personally prepping his press secretary on every possible question… Why do you think he has a press secretary?
Posted by: jhw539 | March 4, 2009, 11:39 am 11:39 am
Heather,
When Obama cuts the deficit in half by 2013 it will still be more than Bush’s deficit ever was. He has spent more in 60 days than Bush spent on the Iraq war in 6 years.
Posted by: dsimms | March 4, 2009, 11:40 am 11:40 am
Instructions: cut and paste the text below, then choose ONE of the options in each set of brackets. Do NOT copy these instructions. You may change the order, but please do NOT change the words “private citizen”; you may be surprised, but we have focus-grouped, and “television personality” and “investment counselor” do not inspire the same degree of sympathy.
== cut below this line ==
It is [pretty, very, somewhat] [disturbing, concerning, troubling, unnerving] to see [Obama, the administration, the WH] [attacking, lashing out at, targeting] a private citizen instead of [keeping their eye on the ball, dealing with our more important problems].
Posted by: insertname | March 4, 2009, 11:41 am 11:41 am
When Obama cuts the deficit in half by 2013 it will still be more than Bush’s deficit ever was. He has spent more in 60 days than Bush spent on the Iraq war in 6 years.
Posted by: dsimms | Mar 4, 2009 11:40:09 AM
*****
I just thought that was worth repeating.
Posted by: Peach | March 4, 2009, 11:42 am 11:42 am
“I just love reading about posters who think the rich should pay more taxes”
68 percent of Americans believe they deserve to take their neighbors’ money, are anxiously awaiting a government handout and have a favorable opinion of the president.
We’ve become a nation of slackers and aspiring welfare recipients.
Posted by: Doh! | March 4, 2009, 11:42 am 11:42 am
dsimms:”When President Bush took office the estate tax exemption was $650,000, when he left ids was $3.5m. He didn’t make it permenant because the democratic Congress didn’t do it.”
Of course. It’s all the fault of the Democrats. It had nothing to do with the indefensible deficit projections that inspired bipartisan horror if his tax cuts were made permanent (and this was when he was sitting on a projected $5.6 trillion SURPLUS over the next 10 years, as he stated in his first press conference, Feb 22 2001). The Bush tax cuts were set to expire with the promise that when the expiration date came they would have goosed the economy to the extent that the increased revenues would allow their extension.
How’d that work out?
Posted by: jhw539 | March 4, 2009, 11:43 am 11:43 am
If it isn’t Santelli, then it’s Limbaugh, if it isn’t Limbaugh then it’s Cramer. This White House is spending more time attacking individuals and the past administration then they are doing something constructive. It appears to me that this White House has a very thin skin. Just think what will happen when all these Mickey Mouse Socialist Programs blow up in their face, Iran is threatening Israel and the rest of the Middle East, Hillary is cowering in a corner somewhere, and Russia and China see a weakling, what then? It is scary to think about.
Posted by: HarryinLA | March 4, 2009, 11:43 am 11:43 am
jhw: Thank you for proving something I thought all along. You don’t know what the estate tax levels are before people have to pay the government.
Posted by: Peach | March 4, 2009, 11:44 am 11:44 am
Peach:”I just thought that was worth repeating.”
You would – it’s not true and uses a deliberate ignorance of reality in the interests of sloganeering.
It’s also cute how when Obama does tax cuts (as a good chunk of the stimulus was, including $70 billion in an AMT cut that only the upper middle class will benefit from) it’s spending. And it’s spent when the bill is signed not, you know, when it is actually spent.
Posted by: jhw539 | March 4, 2009, 11:45 am 11:45 am
We’ve become a nation of slackers and aspiring welfare recipients.
Posted by: Doh! | Mar 4, 2009 11:42:31 AM
******
Yes.
And add that to the 42% of Americans who do not pay federal income taxes. They have Congressional representation without the federal taxation. Nice gambit for them but not so nice for those of us who pay into the system.
Posted by: Peach | March 4, 2009, 11:46 am 11:46 am
Bush deficits bad.
Obama record setting deficits good.
So, why after all the crying and whining about Bush deficits, are Obama supporters singing the praises of Obama’s obscene spending deficits?
Posted by: Sigmonde | March 4, 2009, 11:47 am 11:47 am
jhw539 Where is the part about this will be a tax increase on you and everyone else. The expiration will include tax cuts on ALL citizens. I know he said he wasn’t going to raise taxes on those making less than $250k but if he lets all the tax cuts expire you and everyone will get a tax increase but he want call it that.
Posted by: dsimms | March 4, 2009, 11:48 am 11:48 am
Drudge is headlining the Politico article that details how the Obama administration is deliberately targeting Limbaugh. It’s being planned INSIDE the Obama White House.
Imagine if that was Nixon. Ooops – different standards there I see.
Posted by: Peach | March 4, 2009, 11:49 am 11:49 am
Peach:”Thank you for proving something I thought all along. You don’t know what the estate tax levels are before people have to pay the government.”
Please clarify and let the FoxNews owned Wall Street Journal know they have their facts off. “Under the Obama plan detailed during the campaign, the estate tax would be locked in permanently at the rate and exemption levels that took effect this year. That would exempt estates of $3.5 million — $7 million for couples — from any taxation.”
And Obama’s proposed budget matches his campaign promise (he did not sneak any of this in) – the estate tax would be frozen at the rate it was when Bush left office.
So what does this REALITY prove about your opinion and credibility?
Posted by: jhw539 | March 4, 2009, 11:49 am 11:49 am
For those posters who are saying the expiration of the Bush tax cuts will only effect the rich, you might want to check your facts.
Even Geithner has admitted it will effect all Americans. Well, those 58% of us who pay federal income taxes, anyway.
Posted by: Peach | March 4, 2009, 11:51 am 11:51 am
And I hope everyone understands that raising taxes on corporations is going to hurt all of us.
The corporations will do one of two things.
They will either layoff employees or they will raise the price of their product to the consumers. Us.
Posted by: Peach | March 4, 2009, 11:52 am 11:52 am
jhw539, You don’t have a clue. You must understand what he says at one time is most likely not what he ment. The BUSH TAX CUTS are all going to be repealed. The estate tax exemtions affest the “EVIL RICH PEOPLE” in America. Class war fare at it’s best. Lazy people hat rich people. Which one are you?
Posted by: dsimms | March 4, 2009, 11:53 am 11:53 am
jhw:
And you think your examples of Paris Hilton etc., falls into the category you just cited. ROFL
Posted by: Peach | March 4, 2009, 11:53 am 11:53 am
dsimms:”I know he said he wasn’t going to raise taxes on those making less than $250k but if he lets all the tax cuts expire you and everyone will get a tax increase but he want call it that.”
? Obama’s budget only proposes having the highest bracket tax cuts expire. The remainder would be renewed. This is out there in black and white. The way the brackets work out, individuals making more than $200k will see a tax increase, while it is joint filers over $250k who will see a return to the tax levels of the 90′s Republican Revolution Congress. Is that what you’re ranting about – that individuals will see the marginal rate for earnings over $200k increase by 3-5%?
As a sidenote, this maybe a tax increase on me if I still have full time work coming in, but I am hardly going to complain!
Posted by: jhw539 | March 4, 2009, 11:55 am 11:55 am
Thankfully, even a fair number of Congressional Democrats are opposed to Obama’s tax hikes.
Posted by: Peach | March 4, 2009, 11:57 am 11:57 am
dsimms:”The BUSH TAX CUTS are all going to be repealed. ”
Lets make a deal – if in 2012 the tax levels for those earning under $200k have not increased you’ll vote for Obama. If they have, I’ll vote Republican. Sound good? It’ll be a decision based on reality rather than what you insist Obama is going to do (but oddly forgot to put into his budget summary – he actually put quite the opposite in his budget summary).
Posted by: jhw539 | March 4, 2009, 11:57 am 11:57 am
Concerned in OH:”"Top Democrats believe they have struck political gold by depicting Rush Limbaugh as the new face of the Republican Party, a full-scale effort first hatched by some of the most familiar names in politics and now being guided in part from inside the White House.”
And there you have it folks. 0bama is coordinating a smear and slander job against a private citizen.”
Beautiful. Making Rush Limbaugh the face of the Republican party is now a ‘smear and slander’ job. And I though being called a ‘lib’ was the worst insult!
Posted by: jhw539 | March 4, 2009, 11:58 am 11:58 am
When was the last time an administration attacked a “private citizen? Let’s see, the most onerous recent example would be Cheney exposeing Ms Plame to punish her husband for writing a critical op-ed piece. Good enough for you?
The neocons are chomping at the bit to blame the economic meltdown on Obama, some of them didn’t even wait until he was sworn in. This is just one more example. The fact is, Obama is right. The stock market is the LEAST important element to this mess right now. Employment, consumer spending, those are the keys. The stock market fallows, it doesn’t lead.
Posted by: TURN8 | March 4, 2009, 12:00 pm 12:00 pm
Some funny articles are around from Democrats who are complaining about Obama as well as the mainstream media who previously supported him.
Chris Matthews called Obama Barney Fife the other day.
The Brits are furious at Obama for a variety of reasons.
The bloom is off the rose.
Posted by: Peach | March 4, 2009, 12:00 pm 12:00 pm
jhw539, I think you may want to do a little more reading. His budget does not deal with the tax cut expirations. The tax on the people making more is a new tax rate plus the denial on certain exemtions. The Bush tax cuts will all expire in 2010.
Posted by: dsimms | March 4, 2009, 12:01 pm 12:01 pm
Peach:”And you think your examples of Paris Hilton etc., falls into the category you just cited. ”
I have no idea what you are trying to say. Yes, I think Paris Hilton falls into the category of people with parents likely to die while worth more than $7.5 million. Are you disputing this? Seriously?
Posted by: jhw539 | March 4, 2009, 12:01 pm 12:01 pm
Turn8: You don’t keep up with the news much, do you?
Armitage, who worked for Colin Powell, was the one who blabbed about Valerie Plame. Look it up — it’s well documented.
And Powell knew that his employee was the one who first leaked about Plame and didn’t tell the president or apologize.
Posted by: Peach | March 4, 2009, 12:02 pm 12:02 pm
I would have to search but there is a website who tracks Cramer’s predictions and market advice on a daily basis. It found Crames was only correct 48% of the time …
You would do better to do exactly the opposite of what Cramer adviced
Nuff said.
Posted by: Willem van Oranje | March 4, 2009, 12:05 pm 12:05 pm
dsimms:”His budget does not deal with the tax cut expirations. The tax on the people making more is a new tax rate plus the denial on certain exemtions. The Bush tax cuts will all expire in 2010.”
His submitted budget is for the 2010 budget year and deals DIRECTLY with the revenue stream from these taxes. But if you are so confident that there’s a nefarious bait and switch going on, you are safe to pledge that if the Bush tax cuts (income tax brackets on people making less than $200k) DO NOT expire by 2012, you’ll admit you’re wrong about Obama and vote for him. Right?
Posted by: jhw539 | March 4, 2009, 12:06 pm 12:06 pm
I did a search to find out how Obama’s projections were working out and found out that several organizations have noted that every time he speaks, the market tanks a little more.
Posted by: Peach | March 4, 2009, 12:06 pm 12:06 pm
The Bush tax cuts will automatically expire in 2010 unless congress renews them or makes them perminate. They have no plans, so without them being renewed they will be gone and your taxes go up.
Posted by: dsimms | March 4, 2009, 12:06 pm 12:06 pm
What is Crammer writing all of these comments himself. He’s a TV commentator, he’s trying to appeal to his audience with his comments and taking a stand against the administration. When the White House is asked about his comments, they did, they have a right to make a rebuttal. And what is this crying about their disagreeing with him, that isn’t denying him his rights as a citizen. I stopped watching Crammer a long time ago when I realized he was about his ratings not accurately predicting the future.
Posted by: sciengr | March 4, 2009, 12:07 pm 12:07 pm
jhw539:”His submitted budget is for the 2010 budget ”
I mean his submitted budget summary – the line by line details aren’t submitted to Congress until the spring of course.
Posted by: jhw539 | March 4, 2009, 12:07 pm 12:07 pm
dsimms:”They have no plans, so without them being renewed they will be gone and your taxes go up. ”
Obama’s budget plan clearly proposes to keep in place the cuts on the lowest brackets. Congress will do the budget over the summer, so anything can happen, but it is pretty unlikely they will buck Obama on the lower brackets (unless Republicans want to get some airtime by fighting for fairness or something by raising everyone’s taxes).
By 2012 we’ll know the outcome – reality is nice that way. Actually, by the 2010 midterms we’ll know the fate of the Bush tax cuts and Obama’s proposal to maintain them for joint filers making less than $250k.
Posted by: jhw539 | March 4, 2009, 12:10 pm 12:10 pm
Hey Ga. [[Peach]]
————-
News Flash: Since Last Year, U.S. Corporations have been …
Laying Off People, to Keep their Profit Margins Up !!
Toyota is asking for a Bailout form it’s Federal bank and Laying Off People in Japan.
The Global Markets in Asia are Down.
The Global Markets of Western Europe are Down…
Western Europe’s European Union are Bailing out it’s Corporations and those Corporations in turn are Laying Off Workers…
I Guess you will Blame all these Markets Failures on [[Obama's Administration]]
An Administration that has been in Power for a Month and 4 Days…
You can only Sell that Bull- Spit to the Uninformed and Looking for an Easy Excuse People…
Not The Informed…
Sorry
Posted by: O. | March 4, 2009, 12:11 pm 12:11 pm
“WHY WON”T YOU LET THE MAN do what he thinks needs to be done?? WHY WON”T YOU GIVE HIM A CHANCE?…Why? Why?”
Because the Representative Democracy call The United States of America is worth fighting for and the abomination, or the Obama nation, of turning us all into government workers and government freeloaders and leeches is worth fighting against.
Just as gluttony and greed aree considered deadly sins, so are sloth, wrath, envy and pride.
Posted by: Doh! | March 4, 2009, 12:13 pm 12:13 pm
Armitage, who worked for Colin Powell, was the one who blabbed about Valerie Plame. Look it up — it’s well documented.
Posted by: Peach
==============================================
So what’s your explanation about why Scooter Libby lied? And who were the two government officials who confirmed it to Novak? And why was Armitage even made aware of Valery Plame’s existence? And by whom? So many questions are still not answered. And we will probably never know because Scooter Libby refused to tell the truth and obstruct justice.
Posted by: Willem van Oranje | March 4, 2009, 12:16 pm 12:16 pm
“most onerous recent example would be Cheney exposeing Ms Plame to punish her husband for writing a critical op-ed piece. ”
There is a distinction between a President and his staff orchestrating smear campaigns against private citizens and a former government such as Armitage official commenting on what actually happened in the Plame matter.
Posted by: Sigmonde | March 4, 2009, 12:17 pm 12:17 pm
I did a search to find out how Obama’s projections were working out and found out that several organizations have noted that every time he speaks, the market tanks a little more.
Posted by: Peach
==========================================
every time you post, the market tanks a little more…
every time Rush opens his mouth, the market tanks a little more…
Posted by: Willem van Oranje | March 4, 2009, 12:19 pm 12:19 pm
Sigmonde:”There is a distinction between a President and his staff orchestrating smear campaigns against private citizens”
Could you please define “smear campaign”? I’m still chuckling over the ‘smearing’ of Rush by (horrors!) pointing out he’s the defacto leader of the Republican Party at the moment. (Which is true, but he’s sure to fade into the background again as they regroup from the ’08 losses.)
Posted by: jhw539 | March 4, 2009, 12:23 pm 12:23 pm
It is disgraceful and unprecedented for the Whitehouse to directly attack a media person.
This Whitehouse has a steady record of this, and a willingly complicit media.
They are happily walking to the gallows signaling the end of the “third estate”, and the usual checks and balances that were provided years ago before the media became advocates for the democrat party.
It is so evident in that fellow news people, instead of being offended and angry at the behavior of the whitehouse, they act as supplicants and echo the mantra.
We also have the whitehouse coordinating an attack on Rush Limbaugh that was planned since last fall with this adminstration, paul Begala, James Carville, and carried out by the rest of the Obama media.
It is not a guess. It is documented to be true, and they are so bold they do not deny it.
Whether or not you like Rush is not the issue.
We are fast approaching a regime mentality where the dictator must approve, control and direct the news.
The day may come when they go after someone you like and you will then begin to care, but it will be too late.
This is a frightening development in it’s boldness, arrogance and full frontal assault on anyone with a different opinion.
Can you imagine if Bush had taken this tack. He would not have had time for anything other than directly assaulting a multitude of media reports, and unlike Obama, the reports on Bush were more often than not distorted and unfair.
Posted by: BO Needs to Go | March 4, 2009, 12:27 pm 12:27 pm
Politico:
By February, Carville and Begala were pounding on Limbaugh frequently in their appearances on CNN.
Neither Democrat would say so, but a third source said the two also began pushing the idea of targeting Limbaugh in their daily phone conversations with Emanuel.
Conversations and email exchanges began taking place in and out of the White House not only between the old pals from the Clinton era but also including White House senior adviser David Axelrod, Deputy Communications Director Dan Pfeiffer, Press Secretary Robert Gibbs and Woodhouse.
The White House needed no more convincing after Limbaugh’s hour-plus performance Saturday, celebrated on the right and mocked on the left, at the Conservative Political Action Conference, where he re-stated his hope Obama fails.
“He kicked this into full-gear at CPAC by reiterating it,” said a senior White House official of Limbaugh.
By Sunday morning, Emanuel elevated the strategy by bringing up the conservative talker, unprompted, on CBS’s “Face the Nation” and calling him the “the voice and the intellectual force and energy behind the Republican Party.”
————————————–
Obama tells us our economic situation is a crisis verging on catastrophe and the WH is spending time on a talk show host’s politics.
This is change we could do without.
Posted by: mad | March 4, 2009, 12:30 pm 12:30 pm
Could you please define “smear campaign”? I’m still chuckling over the ‘smearing’ of Rush by (horrors!) pointing out he’s the defacto leader of the Republican Party at the moment. (Which is true, but he’s sure to fade into the background again as
———–
They admit that they wish to demonize Rush. They cast everything he says in a negative light and deliberately misinterpret what he says to make him appear a bigot or racist, which if you ever listened to him you would know he is not.
You are happy that they are doing this and the only thing you know about him is what the Obama-media, or the DNC media tell you.
It is ugly campaign tactics orchestrated by Carville, Begala and the Whitehouse.
This is akin to communist dictators controlling all dissenting opinion and directing the news that is and is not reported.
The problem is dems are so amused they are forgetting the frightening precedent this sets.
The media is happily becoming the US version of the “Daily Pravda”.
Each year the media cedes more and more control, and now full control, over to their der Leader.
Posted by: MNM | March 4, 2009, 12:34 pm 12:34 pm
Posted by: sciengr | Mar 4, 2009 12:07:22 PM
“The Bush tax cuts will automatically expire in 2010 unless congress renews them or makes them perminate. They have no plans, so without them being renewed they will be gone and your taxes go up.”
I personally would ALREADY be paying more taxes if McCain was elected, which is pretty insane. I guess that serves me right for not yet making $250k a year? As I lawyer, however, I hope to make that much some day.
Scienger, what you don’t seem to understand is that Bushleft the country awash in red ink. As a religious conservative, Bush was an idelogue who simply used his executive authority to run up massive debts on issues that he felt were important, but were really only tied in with his personal utra religious world view– these people just don’t care about what kind of money they spend when it other people’s money.
Of course, Bush and his high spending and anti regulatory policies placed us in this position. Now you want only regressive taxes that are paid primarily by the poor to dig us out? Pre tell, what do you think has happened in this country where over the last 30 years the incomes of the most wealthy have balloned, and for the first time ever in the USA, the adjusted gross income of average americans has been going down– 30 years now– even as our CEO’s establish their own incompetence and corporate profits don’t exist.
Something different than capitalism is going on. The lack of intellectual honesty on the right has driven me from being a republican to being a democrate– which is where i started 43 years ago.
Bush has pushed us into socialism and I will never forget the complete and utter failure of the Republican party during this era.
Like today’s replican party, Cramer is outright dishonest, and I would not be suprised to learn that he is engaged in outright market fraud.
Posted by: Jeff | March 4, 2009, 12:36 pm 12:36 pm
Jake, that was nice of Gibbs to give you his oppo research on private citizen Jim Cramer, who now is getting the “Joe the plumber” treatment from Obama.
Now, can you be an equal opportunity reporter and post all of the many videos of Obama making past declarative statements which have turned out to be outright lies and broken promises?
Posted by: OxyCon | March 4, 2009, 12:38 pm 12:38 pm
“Could you please define “smear campaign”? I’m still chuckling over the ‘smearing’ of Rush by (horrors!) pointing out he’s the defacto leader of the Republican Party at the moment.”
An administration that deliberately targets a private citizen (in the case of Limbaugh, a radio personality) in order to create a bogeyman because he holds opposing views and wields considerable influence, is of course going to smear him, no matter the tactic.
Are you under the impression that the Obama administration is targeting Limbaugh and others only to send them flowers and good will?
Posted by: Sigmonde | March 4, 2009, 12:39 pm 12:39 pm
====When was the last time an administration attacked a “private citizen? Let’s see, the most onerous recent example would be Cheney exposeing Ms Plame to punish her husband for writing a critical op-ed piece. Good enough for you?====
No. Not even close. Wilson lied. Where has Rush lied? Cramer? Santelli?
Posted by: Axey | March 4, 2009, 12:43 pm 12:43 pm
Limbaugh hopes Obama’s socialist policies fail. I hope so too. I also hope Kim Jong Il fails, Ahmadinejad fails, Castro fails, Chavez. On a positive note, however, I hope that a cure for liberal derangement is found soon.
Posted by: Sigmonde | March 4, 2009, 12:46 pm 12:46 pm
====Something different than capitalism is going on. The lack of intellectual honesty on the right has driven me from being a republican to being a democrate– which is where i started 43 years ago.====
Isn’t that amazing? The same thing happened to me. Well, sort of. I went from democrat to independent to straight up republican. Because of the lack of intellectual honesty on the left. Freaky, huh? How similar yet dissimilar our paths were.
Posted by: Axey | March 4, 2009, 12:47 pm 12:47 pm
Could you please define “smear campaign”? I’m still chuckling over the ‘smearing’ of Rush by (horrors!) pointing out he’s the defacto leader of the Republican Party at the moment. (Which is true, but he’s sure to fade into the background again as
————
Yes indeed I second this.
Oh , and by the way. I do recall the non-stop wish for Bush to fail and books describing how to assassinate him. Can you imagine if someone would publish something like that about Obama. Do you think the media would interview them in a non judgmental way as they did when Bush was pres.
Posted by: MNM | March 4, 2009, 12:50 pm 12:50 pm
Corrected Entry
Limbaugh hopes Obama’s socialist policies fail. I hope so too. I also hope Kim Jong Il fails, Ahmadinejad fails, Castro fails, Chavez. On a positive note, however, I hope that a cure for liberal derangement is found soon.
Posted by: Sigmonde | Mar 4, 2009 12:46:3
—————-
Yes indeed I second this.
Oh , and by the way. I do recall the non-stop wish for Bush to fail and books describing how to assassinate him. Can you imagine if someone would publish something like that about Obama. Do you think the media would interview them in a non judgmental way as they did when Bush was pres.
Posted by: MNM | March 4, 2009, 12:52 pm 12:52 pm
Appalling! It’s like an Enemies of the State list with this dictator, picking out anyone who dares to question Emperor Obama. And worst of all, you have willing members of the media do the legwork to help out.
Just incredible. I hope Tapper and co. get their payments from Team Obama for this.
I wonder who they will find next week. Santelli, Jindl, Rush. It’s not enough that they have the House, the Senate, the Presidency, the courts, the school systems, and the media. Now they have to find even more scapegoats to help them avoid responsibility.
Posted by: JohnDoe | March 4, 2009, 12:54 pm 12:54 pm
OBAMA LIED. THE ECONOMY DIED.
OBAMA SPOKE. WE ALL WENT BROKE.
Posted by: WorriedG | March 4, 2009, 12:56 pm 12:56 pm
John Doe,
They need a bogeyman and Rush is it. Just read the article in Politico. Cramer just happened into their purview. He will be gone in a flash. The real bogeyman is Rush.
Posted by: Axey | March 4, 2009, 12:57 pm 12:57 pm
I find it interesting that the author of this story was able to find support for the Administration viewpoint while avoiding any response from the target of the administrative complaints. It seems journalistic malfeasance and quite unfair on a legalistic basis.
Cramer in response pointed to the Dow Jones Industrial Average, the S&P 500, Nasdaq and the Russell Index, all of which are down huge since Inauguration Day. And the only small thing about the MadMo audience, he said, is its 401(k)s, pension plans and annuities after the damage Obama’s proposed spending plans have caused the markets.
The stock market right now is a better barometer of Americans’ wealth than the president and his press secretary seem to realize, Cramer said.
Posted by: Ning | March 4, 2009, 12:58 pm 12:58 pm
The market is up right now because a few brave Democrats have refused to sign off on the Democrat’s bloated pork laden bill. They are holding Obama to his campaign promise to reign in earmarks and not accepting his weak excuse that it is last years budget and “not his fault”. lol…not his fault, indeed.
Posted by: Sigmonde | March 4, 2009, 1:04 pm 1:04 pm
“Yet you continue to regurgitate the orchestrated attacks. How is a long-planned coordinated attack on a private citizen “bipartisan”?”
The Ashley Todd hoax spreader is telling us about orchestrated attacks.
He would know.
Posted by: Ryan C | March 4, 2009, 2:24 pm 2:24 pm
The market is up right now because a few brave Democrats have refused to sign off on the Democrat’s bloated pork laden bill. They are holding Obama to his campaign promise to reign in earmarks and not accepting his weak excuse that it is last years budget and “not his fault”. lol…not his fault, indeed.
Posted by: Sigmonde | Mar 4, 2009 1:04:24 PM
********
You have to read today’s Q&A with Jake Tapper. He really went after Gibbs for the over $8 billion in earmarks.
Gibbs made it sound like there was nothing the administration could do because it was last year’s budget but Jake correctly pointed out that it’s being negotiated and talked about right now and even some Congressional Democrats have protested how bloated the budget is.
Jake did a great job.
Posted by: Peach | March 4, 2009, 3:03 pm 3:03 pm
Obama tells us our economic situation is a crisis verging on catastrophe and the WH is spending time on a talk show host’s politics.
This is change we could do without.
Posted by: mad | Mar 4, 2009 12:30:31 PM
**********
Republicans have called for investigations into the collapse of the economy. No wonder the Democrats don’t want to let an investigation go forward: The White House would be forced to admit they have focused more attention on a talk radio host than on the economy. We should demand those e-mails from this administration which promised to be so “transparent”.
Posted by: Peach | March 4, 2009, 3:06 pm 3:06 pm
LOL! Rush just challenged the POTUS to a debate on his broadcast! Gibbs likes to keep bustin’ on people like Rush and Cramer. Well, let’s give it a go and see what happens. It doesn’t appear Rush is afraid of a little debate. Come on Gibbs, put your money where your mouth is and let’s set up a debate between Obama and Rush. You want to keep using the bully pulpit to put these people down who criticize the administration. Let’s make it fair. Let’s see if the POTUS has the moxy to take Rush up on his offer. I think it would be academically enlightening.
Posted by: GoRush! | March 4, 2009, 3:07 pm 3:07 pm
President Obama is a….
Protectionist..Yes
Nationalist…Yes
Socialist ….No
———–
That Rush Limbaugh, Sean Hannity, Dennis Praeger, Michael Savage, Glenn Beck and Joe The Plumber Bull-Spit…
Will Never Stick
Keep Repeating that Socialist Bull
Obama is a Nationalist, Protectionst and Preservationist..
Did you not Hear his Address to Congress last Night and that is why His Approval Numbers Jumped Wednesday…
The President Speaks of Making Our Own Products, once more and it starts Here at Home, as it was before Corporate America, NAFTA and Free Trade…
Sold out the American Factory Workers and Gave thier Jobs to Communist Socialist China and Viet Nam…
India, Canada, Mexico and Other Foreign Countries…
I Love that Sound, made In America, once Again….
Yet it is Rush Limbaugh and like some of You…
That call this Nationalist President a..
[[Socialist]]
Borderline Bull-Spit !!
Presodent Obama is a Nationalist and I for One am very Proud that he is a …
[[Nationalist]]
Posted by: O. | March 4, 2009, 4:53 pm 4:53 pm
“Republicans have called for investigations into the collapse of the economy. No wonder the Democrats don’t want to let an investigation go forward”
Senators John McCain and Byron Dorgan teamed up this afternoon to call for a “select” committee that would investigate the financial crisis and that would also offer recommendations to try to ensure that the forces causing the collapse of the economy don’t reoccur.
At a news conference, Mr. Dorgan, Democrat of North Dakota, and Mr. McCain, Republican of Arizona,
Posted by: Ryan C | March 4, 2009, 4:55 pm 4:55 pm
Check out “Obama fiddled with Rush Limbaugh while Wall Street burned” on Politico.
(James) Carville and Paul Begala coordinated this effort with Obama’s chief of staff Rahm Emanuel on their morning conference calls. Clearly, Obama wants to use his media contacts to play rough with critics through coordinated personal-attack campaigns.
It’s reminiscent of Nixon’s enemies list, and it comes from the supposed messiah of Hope and Change.
(A)s this administration fumbles one issue after another, …they will only need to expand the personal attacks against critics rather than respond to the criticism itself.
Posted by: Devious | March 4, 2009, 5:08 pm 5:08 pm
Cramers credibility isn’t the question. The question is Gibbs credibility.
Posted by: Dave | March 4, 2009, 5:21 pm 5:21 pm
President Obama is a….
Protectionist..Yes
Nationalist…Yes
Socialist ….No
———–
That Rush Limbaugh, Sean Hannity, Dennis Praeger, Michael Savage, Glenn Beck and Joe The Plumber Bull-Spit…
Will Never Stick
Keep Repeating that Socialist Bull
Obama is a Nationalist, Protectionst and Preservationist..
————-
Did you Low Life’s not Hear his Address, to Congress last Tuesday Night and His Approval Numbers Jumped the Following Wednesday…
—————–
The President Speaks of Making Our Own Products, once more and it starts Here at Home, as it was before Corporate America, NAFTA and Free Trade…
—————–
Sold out the American Factory Workers and Gave thier Jobs to Communist Socialist China and Viet Nam…
India, Canada, Mexico and Other Foreign Countries…
I Love that Sound, Made In America, once Again….
Yet it is Rush Limbaugh and Low Life’s like some of You…
That call this Nationalist President a..
[[Socialist]]
Posted by: O. | March 4, 2009, 5:25 pm 5:25 pm
Thanks, Jake, for posting in another blog spot that there are $8 billion in earmarks in the omnibus bill and that it could be stopped by the administration but they are declining to do so.
Posted by: Peach | March 4, 2009, 5:31 pm 5:31 pm
Well Cramer and his audience lost a lot of his money at Wallstreet and they are looking now for someone to blame.
Very cheap.
Stop watching Cramer folks.
Posted by: Jim | March 4, 2009, 5:55 pm 5:55 pm
Here we go again, trash anyone who isn’t 100% in step with Obama.
Posted by: Ken | March 4, 2009, 6:29 pm 6:29 pm
Has anybody heard Rush Limbaugh’s apology to Michael Steele?
Didn’t think so.
Posted by: Common Sense | March 4, 2009, 6:33 pm 6:33 pm
Everybody knows that whatever Cramer says to do, you will make money by doing just the opposite. Limbaugh, Cramer, Santelli — all media hogs.
Posted by: Common Sense | March 4, 2009, 6:34 pm 6:34 pm
/—–
It is disgraceful and unprecedented for the Whitehouse to directly attack a media person.
—–/
I am very happy to see the Limbot clowns attacked. Lord knows the call-ins get hung up on, but they can’t hang up on Gibbs!
Posted by: Common Sense | March 4, 2009, 6:45 pm 6:45 pm
“Has anybody heard Rush Limbaugh’s apology to Michael Steele?”
“Didn’t think so.”
Limbaugh doesn’t owe Steele an apology.
Posted by: Sigmonde | March 4, 2009, 7:09 pm 7:09 pm
If you all want to know what’s REALLY going on, google Santelli and Koch.
Posted by: Flash Override | March 4, 2009, 7:15 pm 7:15 pm
“Limbaugh doesn’t owe Steele an apology.”
Steele was right.
Rush is a blowhard entertainer.
That the chairman of the RNC had to bow and scrape before a talk radio doofus shows what dire straits the party is in.
Posted by: Ryan C | March 4, 2009, 7:21 pm 7:21 pm
When was the last time we saw an administration publicly attack non-elected private citizens? Nixon?
Disgraceful.
****************************************
What a crock of bull! Private citizen? Who Rush? Rush is Private? The News Media Private? What an absurd argument
Posted by: Thinking | March 4, 2009, 7:54 pm 7:54 pm
Imagine that- a US President who so easily intimidated by a talk radio host, a private citizen. Limbaugh must have more power and influence than I thought or why would a President and his staff be so concerned and scheme against him.? This is very troubling.
Posted by: Sigmonde | March 4, 2009, 8:12 pm 8:12 pm
It is unusual to see the WH elevating individual talk show hosts, and ostentatiously claiming they head the Republican Party. It’s also strange that they’ve singled out Santelli, Cramer, Rush, anyone who challenges their policies.
You’ll notice, Gibbs/Obama never actually ANSWER the question. They immediately evade and launch a personal attack. And generally, no one holds their feet to the fire, or calls them out on it. They really are charging through this term unchecked, unvetted, uncriticized, and they’re not answering for their policies to the satisfaction of the people.
Cramer said the people are afraid. Gibbs responds by attacking Cramer. Why didn’t Gibbs state calmly and reassuringly what Obama’s banking and financial crisis solution is, how they’re going to go about it, why it will work, and that people can rest assured there’s a plan of action.
No. Instead of responding to a plea that the people are afraid due to this financial crisis, he turns around and attacks Cramer.
i have no love lost for Cramer, Rush, Santelli, et al. But they have the right to speak their minds without retribution, intimidation or humiliation from the highest office in the land. It is deeply troubling.
This tendency toward a “policing” approach has even been noted by liberal Democrats. No less than George McGovern has strongly condemned the card check program that is Obama’s payback to the unions. Sen. Robert Byrd, D. W.VA, has registered concern that Obama’s flurry of executive orders and actions constitute a dangerous executive power grab.
We’re watching a headlong rush into a wholly different type of governing system than America has known since 1776. In our system, the free press is supposed to guard against that type of usurpation by the authorities, but instead they’re standing aside with their hands in their pockets.
There’s a concerted effort out there to collapse this economy, and every time it tries to spring back, the WH issues another desultory, bleak statement about how things are going to be bad for a long time. McCain’s effort to investigate the causes of this financial crisis and ferret out the forces involved in the economic collapse should be supported and vigorously pursued.
Posted by: jordan | March 4, 2009, 9:03 pm 9:03 pm
Ever notice that everyone else is wrong
and not them? Wall Street and Washington
are one in the same. Any effort to show
any difference between them, would be
hard pressed to make an arguement that
one is less of a crook than the other.
Posted by: wis134 | March 4, 2009, 10:43 pm 10:43 pm
Im baffled as to why the WH press sec is so defensive, or should I say offensive. These guys are making good points about the economy, big spending, and even democrat left wing liberals like myself have to admit that Obama is not keeping campaign promises. Im starting to wonder what I voted for.
Posted by: moderndemocrat | March 4, 2009, 10:44 pm 10:44 pm
Rush, Cramer, Santelli are all useful idiots. A bunch of rich do-nothings who’ll never worry about health care for their kids, if they have them. The poster boys for what went wrong with our economy.
I’m sure the Administration is glad to have them around.
Posted by: Naveen | March 5, 2009, 12:20 am 12:20 am
moderndemocrat et al
Why did you all vote for Obama? because you believed the hype and got caught up in the moment… in the meantime a real serious politician with gravitas(Hillary Clinton) is taking the world by storm and is credible … I cant say I told you so! Jim Cramer and santellia etc are right so the market goes up for one day… nobody cares abotu the long run… do something now! and get rid of the ridiculous earmarks!
Posted by: JG | March 5, 2009, 1:14 am 1:14 am
Hope and Change.
When investors have hope for a good day.
White House makes announcement, to change the market direction, by making statements with “no specific”.
This caused uncertainty, and change in
Stock market direction, stock prices fall.
This change is good for White House. They need a long recession to make people believe that Big Government Spending is necessary to shorten the recession.
Posted by: scotfriz | March 5, 2009, 1:37 am 1:37 am
Discredit people criticizing the government is common tactics in socialist and communist countries.
Socialists and communists know that they cannot allow these critics to spread around, and hence they discredit everyone who criticize their policies in the public.
Posted by: scotfriz | March 5, 2009, 1:42 am 1:42 am
Cramer responded today. A Democrat and Obama voter, he made some good points. Google it up.
Posted by: Sigmonde | March 5, 2009, 9:44 am 9:44 am
Cramer has lost all credibility with me. The fact that a comedian had to expose such blatant conflicts of interest, pardon the pun, isn’t funny. I’m particularly disappointed because I shelled out the money for Cramer’s Actions Alerts Plus. And when I tried to cancel the subscription, I found out that it is set up to auto renew automatically, and is non-refundable in whole or even pro-rated . I can’t even get a customer service representative from The Street to return my call.
Unbelievable!
Is that even legal?
I should have invested my money with The Daily Show. Jon Stewart has proven to be both more credible and entertaining.
Posted by: Rich | May 8, 2009, 10:10 am 10:10 am