Capital Commerce

Jim Cramer: Obama is Like Lenin

By

February 2, 2009 RSS Feed Print
  • Comment (6)

CNBC's Jim Cramer had this to say today about President Obama today on MSNBC (via the Business and Media Institute):

"Let me tell you something, we heard Lenin,” Cramer said. “There was a little snippet last week that was, ‘Now is not the time for profits.’ Look - in Lenin’s book, ‘What Is to Be Done?’ is simple text of what I always though was for the communists, it was remarkable to hear very similar language from ‘What Is to Be Done?’ which is we have no place for profits. ... It’s the time for nationalization, and I’ll say this, either the new economic policy Lenin, or it’s the initial storm-the-winter palace Lenin. I’m not quite sure yet. It’s a mid-’20s situation. It could go either way.”

Reader Comments Read all comments (6)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Oh yeah, and this White House spokesman Gibbs is a complete and utter MORON! There has to be a joke about how many people Obama can pick for his Cabinet who have not paid their taxes!

How disgusting!

Authur Rosenfelds of NY 10:29PM March 03, 2009

Oh yeah, and this White House spokesman Gibbs is a complete and utter MORON! There has to be a joke about how many people Obama can pick for his Cabinet who have not paid their taxes!

How disgusting!

Author Rosenfelds of NY 10:29PM March 03, 2009

How far will the economy sink until Obama and his "Change that America Needs" gets blamed! Listen up! He and the rest of his Liberal cronies are going to take away the country we love...and he already has started too. He has his girls in private schools while he wants to take away school choice from students right in the D.C. area. If you don't believe me look it up. And he wants to make Israel suffer even more than it already has. It is unbelievable that so many Jewish people voted for Obama. This president wants the re-distribution of wealth and the creation of socialism...our wealth in the stock market is disappearing faster than you probably think is possible. Soon we will have to rely on the Gov't for everything and that is just what Obama wants. Read up on it...or listen/watch news other than the Radical Liberal NBC/ABC/CBS.

For Cramer to come out today and say how ugly our economy has gotten because of Obama is amazing! When will the media wake up and start critizing Obama like they did Bush

Arthur Rosenfelds of NY 10:21PM March 03, 2009

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

advertisement

advertisement

Editor's Picks

Investing Money»
10 Books Investors Should Read

Here is a list of timeless big-picture investing books that explain things like the relationship of skill to luck, the power of large numbers, and the nature of risk.

Personal Finance»
50 Ways to Improve Your Finances in 2013
Closeup of a street speed limit sign saying '50', on an angle.
Your Retirement»
Best Places to Retire for Under $40,000

Low housing costs coupled with the amenities retirees need make these cities great places to retire on an income of less than $40,000 per year.

Your Career»
The 100 Best Jobs for 2013
Find an online degree
Investing Money»
Best Mutual Funds
Best ETFs

Research thousands of mutual funds and ETFs to find the right investment for you.