Tuesday, May 18, 2010

Jim Cramer: Governments ARE In-Charge of the Markets [and the Economy]



-------- Original Message --------
Subject: Cramer: Governments ARE In-Charge of the Markets [and the Economy]
Date: Tue, 18 May 2010 12:12:28 -0700
From: Jas Jain

Cramer: Governments ARE In-Charge of the Markets [and the Economy]

That is the reason that Cramer (Jim Cramer Fan Club) says that he can't make a call on any stocks today! Cramer is right about the role of the governments, but he is not telling people to avoid the Scam Market as I HAVE BEEN TELLING PEOPLE FOR MORE THAN DOZEN YEARS. My primary conclusion back then was that government was allowing the fraud by disallowing the accounting rules determined proper by the accounting board that were meant to protect the shareholders. Politicians, prodded by Corporate Crooks of America, prevailed over the regulators, in this case an advisory board of professionals. Warren Buffett at the time came in support of the accounting board and against the politicians led by Boxer and Feinstein (both serving the interests of Silly.con Valley Crooks). American governmental powers over the economy and the markets are in the hands of an organized gang. What business an ordinary American has in the Scam Market?

 

It is the (government supported) fraud, stupid!

Jas

PS: BTW, the European politicians are blaming the markets!


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