Article: In Praise (gasp!) of Jim Cramer (1 Viewer)

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Article: Why Jim Cramer is (gasp!) right on the bailout

Interesting article on Jim Cramer's criticisms of the Bush Administration, Paulson, and Bernake's work thus far on "selling" this plan to the American public. He also cites Cramer's profound criticism about a year ago of Bernanke "the stuff of legend" Cramer's comments that he refers to in vid below. Pretty amazing.

Let me start by stating that CNBC's Jim Cramer can be loud, obnoxious, annoying and even -- as he would admit -- occasionally boorish.

His rant a year ago on how he thought the Federal Reserve was making a horrible mistake when it raised rates in the face of a global credit crunch is the stuff of legend. (Which is why CNBC plays it over and over and over again.)

But Cramer is a very smart guy, and he's offering the best explanation I've seen on why Congress and the White House should pass a financial rescue plan.

http://blogs.moneycentral.msn.com/topstocks/archive/2008/09/25/in-praise-of-gasp-jim-cramer-s-defense-of-the-bailout-plan.aspx

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