The Truth about Jim Cramer and CNBC (Part 1)

I first began my mission helping investors steer clear of Wall Street because I learned first hand how the game was played after having worked in the industry. 

My mission has been to help investors become more knowledgeable and successful by providing cutting-edge investment research as well as top-notch educational content. I think I've done quite well in that regard. 

Unfortunately, most people have forgotten how critical it is to know the credibility and reliability of the sources they choose to follow.

Instead of checking credentials and track records, they go by the number of likes, fake comments and reviews and heresay from people they have no idea about. 

Those who are unfamiliar with me can find out more about my credentials, my background, as well as my investment research track record here, here, and here.

The reader can examine my track record of predicting the 2008 financial crisis and enabling investors to capture life-changing profits by checking here, here, here, here, here, here, here, here, here, and here.

As I have discussed in the past, the financial media constantly portrays the impression that it provides its audience with valuable content from "experts." However, as the facts indicate this is rarely the case.

Like all professional marketers realize, once you have an audience you can tell them anything you want and they will believe you. Simply turning on the TV or picking up the newspaper sends the signal that you want to be lied to.

The biggest sleaze ball marketers and copywriting clowns target CNBC for their bag of scams because CNBC is in the business of lies and securities manipulation.  And of course we cannot forget that Cramer uses CNBC to constantly promote his boiler room company, The Street and it's jug head contributers.

In this article, we will take a closer look at Jim Cramer, Ben Stein and other clowns affiliated with Cramer and CNBC. 

Before I begin, I wanted to address a question that might seem trival. 

Is Jim Cramer as Smart as He Claims?

As I have discussed in the past, the financial media constantly portrays the impression that it provides its audience with valuable content from "experts." As the facts indicate, this is rarely the case.

A key component of this scheme to position its guests and hosts as "trusted authorities" always involves mention of how “smart” they are, so as to reinforce the ALWAYS biased and OFTEN inaccurate commentary of its "experts."

Jim Cramer serves as the foundation of CNBC. As such, once you become aware of the truth about Cramer, you will realize that CNBC is nothing more than a criminal organization hiding behind the shield "Free Speech" rights, much like the other segments of the media.

CNBC constantly misguides its audience through both ignorance and intentional deceit. And Cramer does a great job promoting himself as an "investor advocate" and "intelligent investor," despite facts that point to the contrary.

In order to remind his audience why they need to tune into his investment infomercials, Cramer likes to tell everyone that he is smart. He does this using many subtle tactics, most commonly by his “when I was at Harvard” line, as if this has any relevance whatsoever pertaining to the investment process.

His media lackeys also claim he is “smart” when introducing him as the "successful" or "legendary" hedge fund manager. And of course Cramer always tells his audience how "smart" the CEOs are when he pumps their stocks.

If in fact graduating from Harvard has any bearing on Cramer’s abilities to provide reliable recommendations (instead of flip-flopping and getting his sheep audience to buy at the top and sell at the bottom), he should demand a refund of all tuition costs.

Getting into Harvard or any other top university often has little to do with one’s intelligence or abilities beyond a certain level. I too graduated from a top university, but that has nothing to do with my success in the investment world. I have solid results, a great track record to prove my competance.

Cramer has a terrible track record so he tries to focus on superficial things to get his sheep to think he knows what he's talking about.  In my assessment Jim Cramer is a complete con man and investment disaster. 

The Jewish Advantage

If you happen to be Jewish, your chances of getting into Harvard or any other major university (especially in the Ivy League) are exponentially higher than for everyone else (with the possible exception of blacks or American Indians) because Jews run most major universities, and they completely run every university in the Ivy League.  

This is something you rarely if ever hear mention of, but I can guarantee you it’s a fact.

The power of Jewish networking enables Jews to get into virtually any university they want, much in the same as they are able to land the best jobs in the media and banking, as well of the rest of corporate America. The same applies to the public sector.

If you aren't convinced, simply check who the media executives, producers and editors are, the banking executives, fund managers and analysts, the corporate executives and board members of the largest corporations, and top officials of government agencies. Check the Supreme Court too. Where ever you look, you see the disriminatory impact of Jewish networking. This is a very powerful 2%.

Some of you reading this who are Jewish may not want to accept what I am telling you, especially if you have not benefited from such favoritism, but this behavior is indeed commonplace. I know this from years of observation as well as confirmation from Jews and non-Jews alike.

[In the near future I am going to publish an article that gives you an example of how Jewish individuals also make sure to look after each other in the corporate world.]

So what's the problem with this? 

After all, everyone tries to help their friends and family out right? 

Certainly. It's human nature to want to do favors for your friends and family. That's why people network, right? 

The problem is that Jewish people take this "assistance" to an extreme when they engage in Jewish networking activities. They have a "them" versus "us" mentality which one could argue places non-Jews as the "enemy" in the eyes of Jews.

The end result is that Jewish networking takes huge amounts of earning potential away from millions of individuals who are more qualified and more deserving.

When considering the adverse impact of Jewish networking in the media, the damage is extremely severe. By flooding the media with morons with terrible track records simply for the fact that they are Jewish, those who are foolish enough to spend time paying attention to the media end up being steered into the gutter.

As a Jewish individual, even if you do not participate in Jewish networking, being Jewish isn't going to save you from the terrible advice pumped out by the clowns in the media. In this respect you are just as vulnerable as everyone else. 

Furthermore, even if you do not pay attention to the media, you will also be adversely affected because the media works together with Wall Street to execute various types of securities manipulation and fraud, such as insider trading, front running and pump-and-dump schemes, like the recent one we have seen in social media.

How Jewish Networking Destroys Your Investments

There are countless skills required to become a really good investor. Most of these skills are not taught in a college setting for a variety of reasons.

First, business, finance and economics professors have no idea what it takes to become a really good investor. The best they can do is teach theory and investment basics. But none of this necessarily leads to investment success. I argue that it leads to disaster more often than not.

Thus, the university one attended has very little bearing on how well you understand the investment process. If anyone proves that beyond a shadow of a doubt, it’s Cramer.

Before I go into more detail regarding Jim Cramer, I want to point to a few additional examples whereby Jewish networking has enriched individuals who are undeserving of the career and economic opportunities. Note that these two examples are merely a drop in the bucket.

Jeremy Siegel is a business professor at the University of Pennsylvania's Wharton School of Business.

As a university professor, Mr. Siegel seems to devote an inordinate amount of time in the media. One would expect him to be focused on his academic duties instead (the same applies to Paul Krugman and many other Jews who are promoted in the media).

Despite the fact that Mr. Siegel's knowledge about investments appears to be restricted to basics and irrelevant theories, and although he does not have the ability to forecast the market or the economy, Mr. Siegel is one of the "go-to" guys used by the media. Just look at his track record. Examine what he has stated in the past, and then check the results and you will see that Mr. Siegel belongs in a class room teaching the ABCs of investing.

Let's take a look at another Jewish pinhead who is constantly promoted in the financial media; Ben Stein. Stein has an economics degree from Columbia, but he never worked on Wall Street. He has worked in Hollywood, which adds to his appeal as a commentator for investment media, since the media likes to create "entertainment" out of serious financial content.

Similar to Siegel, Stein has a horrendous track record. Both of these men serve as perma-bulls. As such, they fit perfectly with Larry Kudlow's (who is also Jewish by blood) political agendas, which are to empower America's crony capitalism.

Both of these men join their Jewish peers who are constantly being promoted by the media as experts despite their miserable track records. Beyond a generic understanding of investments, neither of these men really has any idea what they are talking about. And they certainly have no ability to navigate the market. Thus, they have no business being interviewed on financial shows. Yet they are constantly being promoted by the financial media as "experts." This free promotion not only opens the door for many economic opportunities for these men, it also floods the media with clueless idiots. 

As a result of being pimped by the media, these men benefit from more book sales, more opportunities to get paid for serving on corporate and other boards. They also get paid big bucks to speak at large events offering their "investment wisdom."

I could go on to mention many other Jewish individuals who have been made into media celebrities despite their lack of understanding of the financial markets, and/or their politically-motivated rants, which serve to value other than to brainwash their audience.

Nouriel Roubini and Paul Krugman are two other Jewish professors who seem to spend an inordinate amount of time in the media. Why aren't these guys spending more time teaching?

The only ones who benefit when the media gives these guys airtime is them. And their audience suffers. I addressed this issue in a previous publication. See here.

A Closer Look at Ben Stein

Using his Jewish ties and media exposure (which is also due to his Jewish ties), Stein was invited to be a paid writer for the very Jewish owned New York Times.

To give you an idea of Stein's character, he used his "media celebrity" to cash in as a whore for a predatory credit monitoring service called FreeScore. In video ads for FreeScore, Stein claimed that you could sign up on the site to receive credit scores from all three monitoring organizations. But once you signed up, you were enrolled in a credit monitoring service that charged $29.95/month. Ben Stein is not only an idiot, he is a scam artist.

As mentioned, the media liars are always telling their sucker audience “he’s a really smart guy,” when referring to some fund manager, banking official or analyst. This is done to make the sheep think that they are credible and thus the content is valuable.

The media wants its audience to think its guests are so “smart” so that you will get lured into their trap. This trap is one that is funded by Wall Street for Wall Street.

It's also done as a way to enrich the status of their tribe, as this leads to more money and success in a variety of ways.

"Smart?" What is smart? Define it. Are they smart because they went to a "great school" or because they has time-tested results? What's funny is that many of the Jewish clowns promoted by the media did not even go to decent schools, yet they too are smart.

So which is it? Are they smart because they graduated from a top school or because they have a great track record? Maybe they are "smart" just because the media says so.

You should note that these guys (and gals) are almost invariably Jewish; George Soros, Bill Gross, Shelia Bair, Mary Shapiro, John Paulson, Jamie Dimon, Bernie Madoff, Mike Milkin, Ivan Boeski, Henry Paulson, Angelo Mozilo, David Loeb, Martin Siegel, Dennis Levine, Samuel Waksal, David Einhorn, Bill Ackman, Carl Icahn, Whitney Tilson, Alan Greenspan, Ben Bernanke, Robert Rubin, Maurice Greenberg, Dick Fuld, Alan Fishman, David Loeb, Meredeth Whitney, Nouriel Roubini, Paul Krugman, Robert Shiller, Barry Ritholtz, Marc Faber, Peter Schiff, etc. I could go on for days. 

The list of Jewish professors, fund managers, banking executives, corporate executives and others promoted by the media is virtually endless. And despite being wrong the vast majority of time, the Jewish media promotes them as "experts."

Jim Cramer: A Danger to all Investors

Jim Cramer has been one of the biggest beneficiaries of Jewish networking. By the time Cramer was running his hedge fund, he was already a prominent figure in the Jewish Mafia.

Today, Cramer maintains close contact with the silent players from this mafia. You can imagine who receives all of the benefits.

If you had your own TV show on CNBC and you were going to pump a stock, could you tip off your buddies a day before so they could take a position and let the sheep run the price up?

I believe this is exactly what Cramer and many others at CNBC do.

The list of disastrous recommendations and flip-flops aired by Cramer and the rest of the morons at CNBC is virtually endless. For example, Cramer recommended AIG, Bear Stearns, Lehman Brothers and Merrill Lynch as buys just before they collapsed. But this is just the tip of the iceberg. A detailed study would reveal thousands of horrendous recommendations by Cramer.

This is what happens when unethical and incompetent individuals are provided with a media platform. They steer their audience into the gutter.

But it gets much worse. Like all media liars realize, once you have an audience, you can tell them anything you want and they will believe you. Simply turning in the TV or picking up the newspaper sends the signal that you want to be lied to.

Cramer also promotes his online investment newsletter firm, The Street. In order to make the writers of this boiler room shop seem credible, Cramer invites them on CNBC and introduces them as hedge fund managers or experts. Kudlow and others help out by inviting them on their shows as well.

There is nothing off limits to Cramer when it comes to luring sheep into The Street trash bin. Case and point. A few years ago, Cramer claimed that Lenny Dykstra was some stock guru, despite the fact that the guy seems close to brain dead. He did this in order to promote a newsletter services in which Cramer and his near-defunct The Street would share in the subscription revenues.

One would have to be a complete idiot to have believed Dykstra had the slightest idea about stocks, options or anything else. Yet, Cramer’s sheep swallowed the bull. See here.

 

But the scams get even worse.

Would you consider a guy who told you that you should listen to the investment recommendations of a psychic, as someone who is smart or a con artist?

This is exactly what Cramer did a few years ago, when his investment publishing company The Street was suffering. Their newsletter subscriptions sunk so low due to the horrendous performance that they offered advice from PSYCHICS!!  

Yes, that's right.  My imagination isn't so creative that I can make this stuff. The Street actually enlisted the services of a psychic to provide stock picks! 

Let's have a brief look at this psychic, Monte Faber. Faber claims the psychic power of “crystals have a scientific basis."

Of course, Faber is Jewish.

He goes further with his bullshit.

First, he claims to know much about quantum physics.

Next, he claims that psychic “power” IS physics.

Yet, I don’t recall seeing any research articles written on crystals in the American Journal of Physics. Oh and by the way, I've read this journal for years so I have a good idea about what's written. 

Notice he links psychic "power" to science to love and money.

Trying to link his witch doctor bullshit to science is fraud.  

Hell, if Faber had a dime to his name it would seem that he would at least wear some decent clothes for his PR stunts instead of hippie outfits from Goodwill.

I’d love to see his stock recommendations. Kindly email us if you have this info. I’d like to share it with everyone for even more laughs.

So just how in the hell did Cramer's boiler room publishing outfit get so desperate that he had to pimp psychics? 

How in the hell can an investment newsletter company NOT make millions of dollars when the founder and chairman has his own daily program on CNBC and is constantly promoting the clowns that write these trash pieces?

I’ll tell you how. Shitty recommendations last only so long. Eventually, you churn through the sheep and they stop subscribing once they realize how useless these guys are. Once the boiler room was collapsing, Cramer decided to take a completely different route by offering a psychic. This points to just how desperate he was.

Once you examine The Street, you will see that most board members have departed over the past few years. Meanwhile, the company delayed SEC filings and had to restate earnings due to accounting problems....hmmm.

But let's move away from The Street and get back to Cramer because I could talk about this trash bin all day.

In reality, how smart someone may or may not be does not necessarily determine how much they understand about the investment process, nor how well they will do.

If all that was required to become a great investor was shear intelligence, all physics and chemistry professors would be billionaires. Regardless, in my opinion Jim Cramer is not so smart.

In fact, the vast majority of fund managers (specifically hedge fund managers) are not particularly smart, although most of the ones running established funds are certainly smarter than Cramer. Most of them engage in on insider trading, stock manipulation and other securities violations, such as front running. The media plays a central role in this securities fraud on a daily basis.

But Cramer was a hedge fund manager right?

So what are the facts regarding Jim Cramer’s former stent as a hedge fund manager?

Did he make “a fortune” as the media ALWAYS mentions? 

Despite the fact that Cramer started his fund at the bottom of the market in 1987 and rode the bull market up through the 1990s, Cramer’s fund blew up after he made several disastrous calls.

His fund was in such dire straits that he had to ask his mommy for money to stay afloat. He even admits this is one of his useless books.

Instead of telling everyone how his fund blew up (which caused him to head for the media due to no other options) Cramer makes bogus claims that his fund averaged 24% annual returns without ever showing evidence of this.  

The rule is quite simple. If you are a great fund manager or trader, you sure as hell don’t waste your time pitching your crap to the media. And you sure as hell don’t leave the financial industry for a “career” in the financial media.

Only guys who were blown out or otherwise lost their job on Wall Street enter the financial media. This is not only a fact, it’s also common sense.

The only reason why CNBC and other financial media organizations remain in business is due to the fact that their sheep audience have a memory span that lasts no longer than a day, so they have forgotten the fact that a blind man throwing darts has a better track record than Cramer, the meatheads on Fast Money and every other moron who makes regular appearances on CNBC, FBN, Bloomberg and so on.  

My telling you this isn’t going to do you much good. If you are not able to convince yourself that this is indeed true, then you are destined to either fall into or remain in the gutter.

Now watch the video below. Notice of course that "Frontline" is a production of PBS, which is run by the Jewish media crime bosses and is funded almost entirely by Jews.

The reporter who interviewed him for this piece is also Jewish. If you are Jewish, you will get promoted by the media because this is just one way Jews use their control over industry to take money from others. This practice is illegal. But you aren't likely to ever hear about a discrimination lawsuit accusing that a non-Jew was discriminated against by Jews because we all know who runs the major law firms and who the big judges are. Indeed, Jewish networking never sleeps.

Notice the one of the ridiculous statements made by Cramer in the video..."If you had bought just 10,000 shares of Merck in the 1950s, you would never have to work again."

Is this statement a reflection of the kind of intelligence cultivated at Harvard? 

This documentary was created in 1997. That means you would have had to have bought Merck 40 years ago. Hell, most people don't work for much more than 40 years, so they would be retired anyway, right?

In addition, Cramer acts as though buying 10,000 shares of Merck in the 1950s was feasible for everyone. It's safe to say that Merck was selling for at least $20 in the 1950s. That means you would have needed $200,000 in order to buy 10,000 shares back then.

Do you know how much $200,000 was back in the 1950s?

I'll tell you. If you had $200,000 to invest back in the 1950s, you would not need to work even back in the 1950s. But you wouldn’t need to have put this money in Merck stock. In fact, you’d have been a fool to do so if that was all of your money since as we know, any company can go bankrupt.

Instead, if you bought the S&P 500 Index in say 1953, you would have seen a 61-fold return on your investment by August 10, 2012. That means a $200,000 investment in the S&P 500 in 1953 would now be worth much more than $12,200,000.

Why do I say much more? 

This amount doesn’t account for dividends. In fact, the total amount (depending on whether you reinvested your dividends) would be closer to $20,000,000.

This is just one example showing what an idiot Cramer is.

The next time someone tells you they watch CNBC, Jim Cramer or any other programing segment on CNBC, you might want to remind of the of the countless denials, poor calls and other trash from this network.

Finally, you might ask them the following question.

If CNBC, FOX, or any other media platform provides valuable content that helps investors more than hurts them, why in the hell do investors who pay attention to the media always get blasted?

The media promotes itself as a source of accuracy and valuable insight from and experts, but this is the exception more than the rule. The main objective is to build this false perception in order to sell you ads from its sponsors.

The majority of the “experts” aired by the media are either complete rookies, or snake oil salesmen with shitty track records. This is a fact. This statement is based on my careful observations of the financial media for well over a decade.

 

 

Unfortunately, there is no code of ethics in the media, nor is there any law that requires the media to air the truth. The media crime bosses rely on the public’s trust in the media when they create their lies and distortions. This not only pleases their advertisers (Wall Street), it also enables them to engage in securities fraud.

The media is just as criminal as its Wall Street partner. And together, they help each other so that they always win at the expense of everyone else.

If you watch CNBC, FBN, Bloomberg or any other media broadcast, you are a pure sucker and you will lose much more than you would have if you stayed away from this criminal organization. The same applies to all other financial media enterprises, broadcast, print and internet, controlled by the Jewish media crime bosses; FOX, Bloomberg, Forbes, Associated Press, Reuters, etc.

The media is designed to screw you, while mascaraing as a source of valuable information and insight. The sooner you realize this and act on this fact (which means staying clear of the media), the sooner you will become a successful investor.