Saturday, March 07, 2009

Cramer: My Response To The White House

Yet another supporter of Barack Obama getting cold feet is money guru Jim Cramer. Here's the "money" quote from his March 5 column:

"But Obama has undeniably made things worse by creating an atmosphere of fear and panic rather than an atmosphere of calm and hope. He's done it by pushing a huge amount of change at a very perilous moment, by seeking to demonize the entire banking system and by raising taxes for those making more than $250,000 at the exact time when we need them to spend and build new businesses, and by revoking deductions for funds to charity that help eliminate the excess supply of homes."

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