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Jim Cramer: The Worst Is Over ! Option Arm/alt-a Not A Problem

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housing prices matter not a jot while they print and fail to account for the losses of capital caused by the falls.

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As I keep saying debt is wealth so obviously no problem here.

wasnt he the guy that through a hissy fit on the news, accusing the fed of doing nothing while there was carnage on the street.

Well, the Fed has done something and so has the government.....just about bankrupted the country for you.

I mean....GM,,, bankrupt and spent billions this year, now out of bankruptcy and all is well.....shame about the creditors.

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Guest DissipatedYouthIsValuable

Ginger with a beard.

Not to be trusted.

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Christ, is this moron still getting airtime ? :blink:

If he says it's all over, it's time to SHORT SHORT SHORT !

Edit: I got as far as <arms raised, hallelujah chorus in the background> "In JP Morgan we trust".

At that point I was ready to throw my laptop at the wall, so I chose the cheaper option and cut him off.

He's a bit like a Pot Noodle. No matter that it's so long since you tried one you have forgotten just how vile they are, as soon as you venture back you very quickly realise you've made a terrible mistake and get no further than a spoon or two before hurriedly ridding yourself of the remainder and vowing never ever to go there again.

Edited by narrowescape

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