About us Login Get email updates
Quick Clip
Print

Cramer fear-mongers on Employee Free Choice Act: If bill passes, "Wal-Mart, cut in half," other companies will suffer

June 03, 2009 8:46 am ET

Please upgrade your flash player. The video for this item requires a newer version of Flash Player. If you are unable to install flash you can download a QuickTime version of the video.

EMBED

Morning Joe crew can't name a single "successful unionized company"

Expand All Expand 1st Level Collapse All Add Comment
    • Author by dmhack (June 03, 2009 9:00 am ET)
      4 1
      Of course, it's all the unions' fault. Just look at all the benefits and perks those lucky non-unionized Wal Mart workers enjoy---oh, sorry, you weren't talking about the working poor.

      Still, it's always lovely to hear from the completely discredited Cramer and see how weasly Mike has become (Tim would be so proud).
      Report Abuse
    • Author by bwither012965 (June 03, 2009 9:00 am ET)
      7 1
      Well gee, if Cramer says it it must be true! Anyone still holding onto their Bear Sterns?
      Report Abuse
      • Author by NiceguyEddie (June 03, 2009 9:20 am ET)
        5 1
        Cramer is almost as bad at picking stocks as Bill Kristol is at predicting just about anything. You can make a lot of money betting against this bombastic idiot.
        Report Abuse
        • Author by christopher howard (June 03, 2009 11:38 am ET)
          6 1
          Even worse, when it comes to predictions, I'd call Cramer the Dick Morris of the financial world.
          Report Abuse
          • Author by skiploader1111 (June 04, 2009 3:07 am ET)
            1  
            The problem with Cramer's stock "predictions" is that the whole point is specifically to MISLEAD. There are several youtube videos documenting how Cramer would make predictions and a few days later, after his predictions tanked, he would criticize the very moves he had just advised. Simply amazing. It becomes very clear that the point of his show is to induce many in the public to buy up commodities that he and/or his financial buddies are actually trying to sell. Very unethical.
            Report Abuse
          • Author by skiploader1111 (June 04, 2009 3:22 am ET)
               
            http://www.youtube.com/watch?v=_nkZ3eHeXlc

            http://www.youtube.com/watch?v=WNKX4_8Mkwo

            http://www.youtube.com/watch?v=AoFWRXzNc7U
            Report Abuse
    • Author by latanza (June 03, 2009 9:57 am ET)
      8 1
      Walmart is draining their employees and this economy! Where are they now! When did they step up for the situation in American economics, job loss, or anything else. Walmart has shut the F up and they are even turning on the Rep's who passed these policies and invited these big box projects to support the Walmart agenda. How many tags in Walmart say made in America. So shut tfu! Now, you see why there is a need to revisit structurilization and concessions in American practices. It is very feasable to pay of 4-5 reps and pocket billions than it is to be fair to the people who make you rich and give back millions to the economy. You made your terrorist strong by buying into their market and outsourcing jobs that could have made us unconquerable in economy, war, and science (medical). Is this why they call America the Great Prostitute? Is this why they say we will get into bed with anyone? Well You Did? You all thought about the here and now without considering the longterm effects and what it meant to our National Security. You were bought cheaply and they know your weakness!........Luxury! How do you equate that with hard decisions, trust, ethics, and great leadership! My president is the bomb!

      My president was ready on the FIRST Day and will be appreciated, respected, and Re-elected at the end of that term. Beleive It! My presdent is going to see the the h is going on around here and he is doing so face to face. He is looking in the eyes of man because he is a MAN! His courage comes through a Higher Power and not the popularity of peers. Be thankful that he agreed to run for President.

      You all keep on talking and yapping and japping but here is a bread crumb!!


      This president is sincere and annointed!! If you all could have destroyed him before he announced his candidacy you would have. You would have dug up the skeletons, especially at the reality that an African American may take the seat. YOU COULDN'T! THERE WAS NOTHING THERE! YOU HATE IT! YOU ARE JEALOUS OF HIS SWAGGA! AT LEAST HE HAS THE COURAGE TO GO MEET WITH THESE PEOPLE.
      Report Abuse
      • Author by Easy to refute wingnuts (June 03, 2009 10:12 am ET)
        4 2
        I couldn't care less about "swagga." Dumbya had that. He had nothing to back it up with, but he had that.
        Report Abuse
      • Author by NiceguyEddie (June 03, 2009 10:18 am ET)
        3 1
        Well said. Well... I'm not sure about the 'SWAGGA'... but I like the rest of it. A very well thought out rant. A post after my own heart!
        Report Abuse
    • Author by redstatelefty (June 03, 2009 10:25 am ET)
      5 1
      "Wal-Mart, cut in half" - like this would be a bad thing?
      Report Abuse
    • Author by neon desert (June 03, 2009 10:41 am ET)
      8 1
      Is there a problem with Wal*Mart going down? What contribution to this country's wealth will be missing without Wal*Mart? What has Wal*Mart produced... I mean besides vacant storefronts, a lower median income, and Chinese millionaires.

      The fact is that Wal*Mart manufactures nothing. Wal*Mart buys and sells, becoming a financial titan by grabbing a percentage of the cash flow that heads from the U.S. to foreign countries which manufacture the products on its shelves. It contributes nothing to the nation's economy.

      Cramer's a ninny who Jon Stewart exposed as a criminal, and like most criminals, he's too lazy and dishonest to produce anything of value, like a qualified opinion.
      Report Abuse
      • Author by juliajayne (June 03, 2009 11:22 am ET)
        5 1
        Begs the question: Is Jim Cramer looking for another butthole since Jon tore him a new one?

        Great post Neon.
        Report Abuse
      • Author by twseattle (June 03, 2009 11:46 am ET)
        4 1
        It was wal-mart that lead the charge to chinese manufacturing, a move I have always equated with a return to the worst abuses of the industrial revolution (at best) or slavery. Anyone recall the battle of rubbermaid with wal-mart? A solid U.S. company told their products would not be purchased by wal-mart unless the price came down. Not wanting to close their american factories rubbermaid resisted for three years and was looking at bankruptcy when they relented and began operations in China. All the while wal-mart used their phony 'made in the U.S.A.' ad campaign to suck in patriots whose jobs were being sent to a country where there is no protection at all for workers or the environment. They should be held up for scorn for this end-run around American laws.

        Want a successful unionized company? How about Exxon, you twits! Think those oil tankers and gas trucks get to the station on love? Or Toyota and Honda, completely unionized except for U.S. operations. Ever heard of Safeway? Or how about my local example, Boeing? Here's a challenge for these sanctimonious blowhards, next time you fly, find a non-union produced airplane to get on.

        There is another (again local) example of a very successful non-union company worth mentioning; Costco. But it's not done by convoluted intimidation, they keep the unions out and the employees happy by having better pay and benefits. Isn't that the American way we want to promote?
        Report Abuse
        • Author by pointofview (June 03, 2009 1:56 pm ET)
            5
          So tell me, what is a fair wage for someone working the checkout at Walmart? How about someone stocking shelves?

          The simple fact is that walmat thrives because the middle and lower class need a place to buy things cheap. Forcing a company like walmart to unionize will raise prices and cut jobs. It must be easy to attack the company, and forget all about the millions who shop at Walmat because they can afford to do so.
          Report Abuse
          • Author by twseattle (June 03, 2009 3:10 pm ET)
            4  
            You want simple, here we go; wal-mart thrives because they get local politicians to exempt them from property and other taxes to open their big box stores. The exemptions have time limits on them and as soon as wal-mart has to begin to share their part of the tax burden, they re-evaluate the store and if not performing, they will abandon it. Employees who already had no health care because of the company's policy of keeping most positions part-time (part-timers get nothing) now are on unemployment. That's the taxpayers again subsidising wal-marts ride into the sunset. In the meantime, smaller stores that have been parts of commumities for years with no tax breaks have gone out of business, leaving many rural areas with no options for needed goods and services. Not to mention job loss that will take years to recover from.

            People recognize that health care is more important than saving $5.00 on a new cooler for the boat and that's why they voted for Obama. Wal-mart is the one riding on huge amounts of subsidies while holding down wages. I would like to see a lot more recognition of this fact from it's defenders.
            Report Abuse
            • Author by historygeek001 (June 03, 2009 5:11 pm ET)
              2  
              You're making too much sense for POV to understand what you're saying.
              Report Abuse
          • Author by juliajayne (June 03, 2009 5:16 pm ET)
            2  
            Walmart's prices are nothing special. Get a clue.
            Report Abuse
    • Author by shaggles (June 03, 2009 11:21 am ET)
      1 1
      Walmart should be cut in half.
      Report Abuse
    • Author by pros2pros2940 (June 03, 2009 11:28 am ET)
      3 1
      It's entirely possible that Wal Marts' activity could be considered monopolistic and predatory, mainly as it relates to its business model. And, how it drives small businesses under.

      I don't think the gov't knows how to deal with a monopoly in the retail area.
      Report Abuse
    • Author by pros2pros2940 (June 03, 2009 11:29 am ET)
      3 1
      Morning Joe crew can't name a single "successful unionized company"

      I'd be happy to provide a list but first define successful
      Report Abuse