Monday, August 6, 2007

Cramer's Meltdown

I usually find Cramer's antics a little contrived --and I can't stand all the sound effects of his show. But, I became a bigger fan after watching his meltdown on CNBC on Friday.

I don't believe this was an act, I believe that this is a man that knows what he is talking about and cannot stand watching the Fed make a mistake that could put millions (yes, millions) of people out of their homes. He knows way more than I do and I am not going to make any points about what he is saying, however his extreme passion is well placed. Too often money shows are cleansed of emotion, this disregards the fact that peoples' lives are effected by the movements of the fed at a grassroots level: a small mistake by the fed hurts millions of people directly.

If you missed it, sit back, and click here.

After composing himself he gave this interview to explain the rant.

I almost wish he hadn't explained it.

Perhaps one day we'll see some emotion (other than defensive) in a presidential debate.

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