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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: JakeStraw who wrote (82361)4/9/2010 4:48:45 PM
From: TideGlider1 Recommendation  Read Replies (1) of 224724
 
Cramer gets it right lol

NEW YORK (TheStreet) -- On his CNBC Stop Trading! segment on Friday, Jim Cramer railed about taxes amid ongoing concerns about increased tax burdens on businesses and high-income households stemming from health-care reform.
Cramer said he was appalled at the idea of people having to "work this hard and make this little."
"I think about this tax issue a lot," he said.
The AFL-CIO's policy director, Thea Lee, appeared on the segment Friday, ahead of the labor organization's plans to protest jobs lost because of the financial crisis, on April 26.
"This is about Main Street going to Wall Street," Lee said of the protest. She said that the AFL-CIO wants to put the spotlight on Wall Street and urge financial institutions to restore jobs that were cut, support financial reform and get credit flowing again.
Lee said she is outraged that Wall Street's biggest banks and firms received a $700 billion bailout for its problems, but hasn't yet started lending again to Main Street even after the troubled banks have been stabilized. Rather, Wall Street was more focused on doling out bonuses to its own executives, Lee complained.

Cramer believes that the rage against banks like Citigroup(C) and Goldman Sachs(GS) have dragged on for too long and that maybe there's been an element of misplaced anger in all this.
Cramer said he wants to go after the United Auto Workers union "for bankrupting GM."
-- Reported by Andrea Tse in New York
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