New York Times plays dumb about Jim Cramer

Blog ››› ››› ERIC BOEHLERT

The daily has a big piece on CNBC today, looking at the criticism it's been under in recent days for its previous Wall Street cheerleading, and the way its anchors and pundits have morphed into political talking heads as they unload on the Obama administration.

The Times though, plays dumb in the article about CNBC loud mouth Jim Cramer. Here's how the Times describes his recent behavior:

In recent weeks some have perceived the network to be leading the campaign against President Obama's economic agenda. Mr. Cramer, who calls himself a lifelong Democrat, said last week that the administration's agenda was "destroying the life savings of millions of Americans."

Gee, that doesn't sound so bad, right? In fact, it hardly seems newsworthy. Of course, what the Times politely ignores (no need to embarrass Cramer, after all) is the fact that in recent weeks Cramer has become completely unhinged and has:

repeatedly characterized President Obama and congressional Democrats as Russian communists intent on "rampant wealth destruction," claiming Obama is "taking cues from Lenin" and using terms such as "Bolshevik," "Marx," "comrades," "Soviet," "Winter Palace," and "Politburo" in reference to Democrats.

The Times interviewed Cramer for the article but apparently didn't ask why he was calling the new president a communist. Isn't that pretty much the definition of playing dumb?

Posted In
Economy
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