03-16-2009, 12:37 PM | #41 (permalink) |
Junkie
Location: Ventura County
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Jim Cramer is a marketing genius who happens to be in the "stock market game". He made a ton of money managing his hedge fund at a time when there was clear market manipulation by some hedge managers, I do not know if he was one. And, he made his money in the 90's, when it was pretty easy to make money in the stock market. When people with a special ability to make "honest" money turns his back on that and now makes his money on TV, selling books, Website, etc., you have to wonder why? People watch, including me, because he is entertaining. People who watch him because they believe the hype, will get burned. And actually, his number one rule is "do your homework". He understands what he does.
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"Democracy is two wolves and a sheep voting on lunch." "It is useless for the sheep to pass resolutions on vegetarianism while the wolf is of a different opinion." "If you live among wolves you have to act like one." "A lady screams at the mouse but smiles at the wolf. A gentleman is a wolf who sends flowers." |
03-17-2009, 07:04 AM | #43 (permalink) | |
Tone.
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Quote:
Sometimes things which are self evident to us, such as "don't blindly do what Jim Cramer tells you to do with your money" still need to be explained for others. |
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03-17-2009, 07:38 AM | #44 (permalink) |
Super Moderator
Location: essex ma
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the term self-evident is banging around this little hall of mirrors because of a post i made--and it wasn't really the point.
my position was--and still is---that it is more than passing strange that the space within the dominant media apparatus in the states where such critiques of cnbc or kramer or whatever happens is a show on comedy central. while i like jon stewart well enough (i suppose) and agree with what was said about about his role as court jester--that u.s. "democracy" is so structured that the idea of a court jester makes sense is also curious. i think it is an indication of a debilitating fear of actual debate that seems to be of a piece with the need to sell advertising. i think it is an ideological and political *problem*... that such critiques come from jon stewart has another limitation as well--the critiques are themselves advanced in soundbyte form and debate becomes a matter of whose bytes are better. we live in an authoritarian cultural system. if want a demonstration of the fact that what to some is obvious is to others transparent--they see through the frame as if there was no frame and so can and do say nothing about the frame (because functionally it doesn't exist)--start there.
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a gramophone its corrugated trumpet silver handle spinning dog. such faithfulness it hear it make you sick. -kamau brathwaite |
Tags |
cramer, jim, jon, stewart, takes, woodshed |
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