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| Home Front: Politix |
| Jim Cramer hits a nerve--Feedback wanted |
| 2010-01-27 |
| I came across this quite by accident, Jim Cramer's article on MSN's 'Top Stock' titled, 'If Obama pipes down, we might be all right'. While I didn't take any real notice of the article stub on the Top Stock page at first (I was browsing the page content), I happened to notice the EXTREME dichotomy between comments on the articles. Most articles were averaging 1 or 2 comments, while Jim Cramer's article garnered 461 COMMENTS!!! I set about reading several pages of comments and came away scratching my head. It's enough of a curiousity that I'm posting it here, interested to read other RBer opinion on this. There are a couple of kneejerk reactions I have to this, but there seems to be something deeper that caused this MAJOR reaction to Cramer's article on an otherwise hardly-noticed MSN page. If you're curious about it as well, please add your .02 on it. Thanks. |
| Posted by:logi_cal |
| #3 The problem ignored by most of these types and only vaguely hinted at by most commenters is that our problems were not caused by capitalism. They were caused, and exaggerated, by corporatism (aka crony capitalism, rent-seeking, fascism) It is the system where big corporations like GS and Bear and Citi make their money by gaming the political system rather than playing in the true free market world that has caused this mess. Regulations should basically enforce fairness and transparency in the market, NOT, look to prop up some at the expense of others, even when those others are the ones paying you off with campaign money. |
| Posted by: AlanC 2010-01-27 11:53 |
| #2 Hmmm. Does it have anything to do with the site MSN? Is that a site for left-thinking surfers? I don't go there and don't know the usual speel of comments. But it seems that that site attracts moonbats versus patriots. |
| Posted by: Jack is Back! 2010-01-27 09:18 |
| #1 The second comment is a pretty good analysis of what went wrong in the GFC. Otherwise, the usual emotional irrational Leftist reaction to criticism. |
| Posted by: phil_b 2010-01-27 08:32 |