Bear Stearns, Jim Cramer, The Federal Reserve, JP Morgan
Uploaded by: donharrold
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http://www.donharrold.net
I ask again, "When will CNBC do the right thing and get rid of Jim Cramer?" Jim's advice on Bear Stearns (NYSE:BSC) is is most horrific since, well, since the dot-com disasters he shuffled folks into. Look, it's just getting too easy to point this stuff out. But, hold on, my video here is 10 minutes of other stuff too. Jim's just a symptom of a larger problem. Our founding fathers would be ashamed of how we've handed our economy to the federal reserve.
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Tags for this video : bear bsc cnbc cramer dollar euro federal forex freedom jefferson jim JP jpm mad money morgan reserve stearns thomas yen
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stop fightin' ! Wi
2.) Neither the chair of the federal reserve (Ben Bernanke - a lifelong academic) and the vice chair (Don Kohn - a lifelong fed employee) have ever been involved in banking in the private sector. I suppose you could call them "bankers" since they are by default since they work at the federal reserve BANK, but they are not bankers in the traditional sense of the word.
Problem is, the only way get rid of them is to shot them out of their chairs.
So solution means revolution.
Don“t forget to shot the whole media.
Banks will decide what to pay out in bonuses in the coming months.
ANY GUYS UP? Zt
YOU DESERVE TO BE BROKE, do your own research, find your own data, use your own brain
$187 Billion dollars After Lehman Brothers
$30 Billion Liquidity For Bear Stearns
$300 Billion assets + all deposits WAMU Bank
$25 billion tarp money
Lehman= $0 for investors and debt holders
Bear = Debase the dollar little for hareholders