Writes Brian Heyer: “We properly gave commentator-entertainer Jim Cramer grief for his summer tirade against the Fed sitting on its hands. Let us at least give Mr. Cramer credit for discerning the information-gap under which the central planners suffer: ‘They know nothing.’ Since then he has grown increasingly critical of the Federal Reserve. I think his interview with Dr. Ron Paul a month back has gotten to him.
“At about 2:22 into this video, he calls for an investigation of the Federal Reserve. I don’t know of a similar statement from a high-profile market commentator.
“‘I actually want to call right here for an investigation of what the Fed did. An investigation of the institution, because I think the institution has been behind almost every boom and bust that we’ve had for many many years. And its really starting to [be the] time to look to see what this institution is all about.'”
Actually, I know at least one reason why Cramer is getting better. He lives next door to our own Max Raskin.
3:20 pm on January 22, 2008 Email Llewellyn H. Rockwell, Jr.
