Tuesday, June 16, 2009

The Jim Cramer Treatment


It’s now acceptable to bash the AMA.
By Jim Geraghty | June 16, 2009 4:00 AM


We haven’t lived in President Obama’s America for long, but already we are witnessing a strange new phenomenon: Previously apolitical figures and organizations find themselves demonized, and then forgotten, with the speed, fury, and transience of a summer thunderstorm.

For most of his tenure at CNBC, Jim Cramer was a fairly apolitical creature. First and foremost a stock-market guru, Cramer stated that he eventually split from his partnered show with NRO’s Larry Kudlow “because politics is not my inclination . . . I just really don’t care for [the topic].” But Obama’s early moves spooked the market, and Cramer — who strongly and vocally supported Obama in last year’s campaign — called out Obama and Treasury Secretary Tim Geithner, lamenting the “invisible Treasury secretary” and “the most, greatest wealth destruction I’ve seen by a president.”
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