Thursday, December 6, 2007
Cramer Says
If Cramer is right in his comments we are over the crisis because all leaders agree to do whatever is necessary to overcome the crisis. Certainly Paulson has the smarts. But does he have the guts? He does if Bush has the guts. Hey, wait. Bush isn't running again. He doesn't have to have the guts.
So it's a no-brainer. Even the bad guys -- see today's NYT blogged just below -- cannot stand up anymore.
Sanctity of contract? Forget it. But it's in the Constitution! Forget it. But I'm short! Forget it.
(Since I'm not short, but I do carry two houses; I want the help that will come to the real estate market from what is promised.)
There is, however, the possibility that the "plan" will be like the Part D Medicare prescription fiasco -- much ado helping few.
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Cramer Yesterday
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