Jim Cramer: Too Much Negligence Under The Bush Administration
(emailer Savino sent this in yesterday:) As a former Wall-Streeter I often watch CNBC's Wall St. stock program, Mad Money with Jim Cramer. Just 5 min
As a former Wall-Streeter I often watch CNBC's Wall St. stock program, Mad Money with Jim Cramer. Just 5 minutes ago, Cramer was recommending a mine-safety stock, because (as he declared over and over again and the headline ran below his report): "There has been too much negligence in the Bush Administration."
Why is this big? Because Wall St. (and CNBC) have traditionally had such pro-Bush leanings. But Cramer's bottom line was "we're not partisan here... we're just looking to make money, and the Bush Administration has been negligent."
Other juicy tidbits: "Mine safety violations have increased 15% in 2005." (That a paraphrase)
And: "This is not the first mining tragedy under Bush."
He also referred to the Philadelphia Inquirer's Sunday story, headlined: "Under Bush, mine-safety enforcement eased"