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Cramer on how "Obamacare will topple the stock market"

March 22, 2010 10:37 am ET

From the March 18 edition of CNBC's The Kudlow Report:

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    • Author by ScienceBuff (March 22, 2010 10:41 am ET)
      6  
      Sure, just like we had the Scott Brown market bounce.
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      • Author by libzrtards (March 22, 2010 8:23 pm ET)
           
        Well, when Kudlow and others stated that Brown was good for the stock market, he was saying it b/c Brown believes in supply-side economics. Meaning he will vote for and support legislation involving supply-side. In addition, with washington talking and not taking any action, many companies and investors are hesitant to do anything, like expand, invest, add new jobs, etc. That is why the market has been essentially flat for the past few weeks. They are not sure what Washington is going to do.
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    • Author by progressivevoicedaily (March 22, 2010 10:41 am ET)
      5  
      OMG it's already happening!!!!! Grab your gun people, armageddon is here!!!!
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      • Author by MeanMrSpicyMustard (March 22, 2010 10:54 am ET)
        2  
        A socialist just showed up at my granny's bedside and beat her with a death panel!!!!!!!!!!!!!!!!!!!!!!!!!!andalso1
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    • Author by RKAllen (March 22, 2010 10:44 am ET)
      7  
      That's funny... according to my ticker, right at this moment the market is up 40 points.
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      • Author by MidnightWriter (March 22, 2010 10:47 am ET)
        3  
        I saw that, too.

        Maybe they haven't heard the news yet. It received so little coverage.
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      • Author by MiniTru (March 22, 2010 11:12 am ET)
        1  
        And now it's up 50 points.
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      • Author by RKAllen (March 22, 2010 5:43 pm ET)
        1  
        Closed at 43... the sky didn't fall... there didn't seem to be any mass hysteria...



        I'm a little disappointed.
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        • Author by libzrtards (March 22, 2010 8:33 pm ET)
             
          Well, of course there was no sell off and the market didn't drop. 1st, MMFA cut Crammer off in a middle of his sentence, so we don't know what he said. 2nd, Crammer was referring to future stock market performance, especially since the bill just passed. ANYTIME taxes increase, which this bill has plenty of them, stock market will drop. It will take longer for the stock market to recover. But, since you get your stock information from media matters, I shouldn't be surprised you didn't understand.
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    • Author by dogbreath (March 22, 2010 10:44 am ET)
      1  
      Isn't Cramer under investigation?
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    • Author by DellDolly (March 22, 2010 10:49 am ET)
      2  
      Yeah, like you have any credibility anymore, Cramer, except among people who like financial advisors who are on crack and get stuff wrong all the time.
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      • Author by mjh (March 22, 2010 4:03 pm ET)
           
        Cramer lost credibility with me a couple months ago when I heard him discredit global warming because of severe winter snowstorms . . .


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    • Author by nerzog (March 22, 2010 10:51 am ET)
      1  
      Maybe, but I doubt it. I'm guessing the Hospital Corporations are salivating over the 30 million new customers as we speak.
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      • Author by christopher howard (March 22, 2010 11:15 am ET)
           
        Yeah, conservative spin to the bill now seems to be veering left to complain its a giveaway to the insurance companies, and right to claim that it's destroying the insurance companies.
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    • Author by marco21 (March 22, 2010 11:16 am ET)
      2  
      The geniuses who somehow missed a worldwide financial crisis are making predictions about the future.

      We'll pass.
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    • Author by shaggles (March 22, 2010 11:20 am ET)
         
      Wasn't this the guy who was saying Lehman Bros was a strong buy right before they went under?
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    • Author by mikelartist (March 22, 2010 11:21 am ET)
         
      How do these buffoons keep their jobs? Tossing a coin would be just as accurate as their financial predictions.
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    • Author by toombsie (March 22, 2010 11:31 am ET)
      1  
      Obamacare is all but certain today, Dow is up 32 points. Cramer is again proven a retard.
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      • Author by MMTVrocks (March 22, 2010 12:09 pm ET)
        1  
        Here here!
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      • Author by MMTVrocks (March 22, 2010 12:14 pm ET)
        1  
        He also said the stocks would jump following Scott Brown's victoy, but instead, there was a stock market slump for almost a week after Brown's victory.
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    • Author by MMTVrocks (March 22, 2010 12:09 pm ET)
      1  
      Ah, Jim Cramer, the loud-mouthed "Reagan Democrat."
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    • Author by Ava83 (March 22, 2010 12:57 pm ET)
         
      It is about 37 points...DOOMED WE ARE ALL DOOMED
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