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Here's some of how CNBC hosts John Harwood and Maria Bartiromo opened up the GOP debate in Rochester, MI tonight:

HARWOOD: The candidates will have 60 seconds to respond to questions, 30 seconds for follow-ups and rebuttals. Those will be at the discretion of the moderators.

We also want you, the candidates, to help us out a little bit, by answering the questions as directly and specifically as you can. I know you want to. You have proven that. But just in case you get off topic, maybe by accident, we may have to interrupt you.

BARTIROMO: Throughout the evening tonight we will be joined by an all-star lineup of the smartest people on CNBC.

First up tonight, Jim Cramer, the host of "Mad Money."

Jim, welcome.

CRAMER: Thank you, Maria.

Their lineup also included mister king of the "tea partiers" himself, Rick Santelli. For a little reminder of how either of those two should be treated here is John Amato's post on Jon Stewart making mincemeat of Cramer from March of 2009 on The Daily Show.

And as Think Progress reminded us in their live blog of the debate tonight:

Moderator Jim Cramer asks a question premised on his position “at the front lines” of the stock market. For the record, following his stock advice is slightly worse than picking stocks by flipping coins.

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25 Comments
Captain Kangaroo's picture

Was Cramer touting stock picks? Did tell Cain to buy Bear Sterns or something? Lehman? Bank of America? Countywide? Washington Mutual? Come on, tell me which one.

Paul the Sax Guy's picture

Well, she may be correct...

Doesn't say much for the rest of the yahoos on CNBC, though.


In the marketplace of ideas, too many people shop in the bargain basement.
-- Thunder BlueRose

Why, yes, I am a card-carrying member of the ACLU
http://saxman.bravepages.com

Mugsy's picture

Might as well of said "The smartest people in the room".

Following much of the questioning, it truly appeared as though the panel knew more about economics than any of the people on stage. Cramer was practically jumping out of his chair lecturing Herman Cain about "stabilizing the stock market".

And then there's Newt.


* There are two types of Republicans: millionaires and suckers.
"Mugsy's Rap Sheet": Recording history for those who seek to rewrite it.

RobertD's picture

This says all it needs to about why people who need monetary advice don't pay any attention to CNBC. None of them have any credibility at all.

Wasn't it Jon Stewart who claimed (correctly) that you'd be more successful if you did the OPPOSITE of what Jim Cramer suggested? And what are Maria Bartiromo's creds?

fastfeat's picture

She was all that was left in the bin after TeaNN grabbed Burnett...


"Parachutes are allowed in checked or carry-on baggage, but may not be worn in flight."

---Southwest Airlines

Captain Kangaroo's picture

She is the Money Honey. It does not get any better than that.

.


"Parachutes are allowed in checked or carry-on baggage, but may not be worn in flight."

---Southwest Airlines

Paul the Sax Guy's picture

n/t


In the marketplace of ideas, too many people shop in the bargain basement.
-- Thunder BlueRose

Why, yes, I am a card-carrying member of the ACLU
http://saxman.bravepages.com

Medicare a few years back? So she says to Weiner (in his mid-40's then): "If Medicare is so great, why aren't you on it?" What a nimwit, but she's got a purdy mouth.


Janek

Mike the Canuck's picture

is an idiot. He has a myopic rah rah USA USA view of the stockmarket. If I followed his advice I'd be broke

coke dealer. So many who listen to Cramer's advice lost their asses, but Jim's dealer apparently survived unscathed. Must've used Jim's advice in convincing his supplier to double down, even when Cramer's rating was junk.


"Parachutes are allowed in checked or carry-on baggage, but may not be worn in flight."

---Southwest Airlines

Samson-'s picture

i guess miss sleepy eyes judges who is smartest based on how many billions of dollars was misinvested based on the advice of these financial oracles?

Evet's picture

being lied to. They been lapping it up like being fed sugar cubes for a long time.

Captain Kangaroo's picture

No Larry Kudlow? He is the joker who was saying in January 2008 that we were in a "Goldilocks economy". Everything is just right. These guys have no shame. They were absolutely ass backwards in 2008 2007 2009 2010... Hell they are always wrong. I pity the poor old ladies and men who were watching them and taking their advice in 2008. Of course those old ladies and men lost everything.

ckerstann's picture

The average person at CNBC must be as dumb as a stump.

Evet's picture

He's the Jimmy Swaggert of wall street since most people don't have one freaking clue as to how the financial markets work these days. His show should be called the -700 Club.

jmi2's picture

Just headline made me laugh out loud at the Starbucks! Everyone turned around & looked at me - the regulars aren't here today.

bilhelm-x's picture

Facepalm!
Facepalm!
Facepalm!
Facepalm!
Facepalm!
Facepalm!
Facepalm!

bushputz's picture

...all left the network long ago...

Evet's picture

The People's Republic of Lake Edna.
The People's Republic of S.A.S.E.
The People's Republic of lemony fresh.
The People's Republic of chocolaty delicious.
The People's Republic of lumps in my oatmeal.
The People's Republic of Casiotone.

velopower's picture

She's probably right, but then again, that's not saying much.

media critic's picture

Pathetic. America is in trouble if this the best you can do.

g-man's picture

Jim Cramer is a Wall Street shit stain who dupes folks into dumping their savings in the Gulag Casino of Wall St. The good times are gone, buy physical gold & silver as a place to store your wealth. The currencies are being devalued by Central Banks. The filthy rich want all your wealth.

. . . that there really should be one on "Comedy Central" too. Can you just imagine an opportunity for Stephen Colbert and Jon Stewart to be the panelists asking the questions of the bucket o' crazy? It would do for the GOP what Jim Cramer's TDS appearance did for his career . . . . Bring it on.

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