CNBC, the Bubble Network

While some would consider Cramer a “stock pumper,” others would consider him their savior. I would consider him the “Dr. Phil” of Wall Street because, similar to Phil, he designs shows based on resolving some controversial issue with the intended goal of helping lost souls.

I find it of no surprise that Cramer has made appearances on Dr. Phil. Both are in the same line of work – cheeseball marketing. 

At the end of each show both Dr. Phil and Cramer emerge as some sort of “Superman.” In short, both of these shows are more about entertainment than anything else and they create an illusion of “value” for their misguided viewers.

While this approach isn't really damaging for the Dr. Phil Show, it can be highly damaging for a show based on investments. As a result, Jim Cramer and the rest of CNBC serve as stock pumpers because the financial industry pays the bills there through buying ad time.

So the question is whether Cramer is intentionally manipulating stocks. Many people would say yes. I would tend to agree.

What we do know is that he likes a stock one day and often hates the same stock a few weeks or even days later. Of course, after a stock he previously told you to buy collapses, he never bothers to remind you how terrible his advice is. This man has no conscious and does not know the meaning of the word “accountable.” 

This on-off approach serves a purpose. It forces you to watch the daily drama so you won't miss when he turns sour on a stock you bought based upon his favorable review, which often includes yelling and screaming “Buy! Buy! Buy!” It’s possible that Cramer has more “Buys” than Wall Street.

Meanwhile, he mentions so many stocks that it is virtually impossible to keep up with what he says. This too is intentional. It is designed to confuse you; to overwhelm you so you won’t remember how poor his track record is. 

Why would anyone with a brain waste their time following this guy other than to research his horrendous track record for a piece like this?