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Video: Cramer Melts Down. Markets, too? |
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Contributed by J. R. Ransom
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 Jim Cramer In this opinionated video (5min 36sec) of 'Jim Cramer Melts Down. Markets, too?' TV's Jim Cramer freaks out about recent market declines and demands the Fed's Ben Bernanke rescue Wall Street and save his pal's jobs. "Technical: 'Discount Window' = 'Federal Reserve Facility for extending credit directly to eligible depository institutions.' Real: 'Free money for banks in serious trouble'. Can Cramer be more transparent? Greenspan helped sell ARMS to main street to help Wall Street make a fortune selling mortgages via state worker's and foreign pension funds. Now, where's the implicate promised bailout now that the market has collapsed? Today's fed bailout is tomorrow's high taxes and inflation. Guess who bears the brunt of the taxes.
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