CNBC ‘Mad Money’ host Cramer responds to White House criticism
I explained that while I am a conservative, an unapologetic, red-blooded, God-fearing conservative, this is not a conservative problem. I explained that this is not a Republican problem, or even a Democrat problem. This is an American problem, and it is a problem because the vast majority of Americans have lost touch with, taken for granted, forgotten or simply ignored the ideas and values and principles from which our framers laid the foundation for this great nation in that very building 230 years ago. Limited government. Fiscal restraint. Accountable leadership. Preservation of God-given natural rights.
Despite the conservative bias which [proudly] permeates the pages here at America’s Right, I could truly care less about what side of the political spectrum you’re on so long as you make things work. Sure, I’d prefer that we all revert to solid conservative principles, but if some Democrat out there can make things work in some other way, I’m all ears.
That, I guess, is why I was so delighted to hear what CNBC host Jim Cramer, well-known as a Democrat and Obama supporter, had to say about our president’s plan for the American economy, and why I was so dismayed to see the White House reaction to Cramer’s commentary.
Today, in a column written for The Street, Cramer did a phenomenal job with regard to putting the economic crisis in perspective. Now, a cynic would say that he also admitted that liberal policies rarely make fiscal sense, but that’s not what I’m driving at (at least not now). Right now, we need solutions, and we need results. While it seems to me–and apparently Cramer–that principles more closely aligned with the tenets of fiscal conservatism make up those essential solutions, I’m more than willing to entertain unconventional ideas, so long as they will not result in essentially tossing the baby out with the bathwater.
I’ve included, below, an excerpt from the closing end of Cramer’s commentary. Please, please, please read the entire thing HERE. The excerpt:
I don’t like talking politics. It is personal, but some things are a matter of public record, including my substantial six figure donations to the Democratic Party before I was no longer allowed to contribute by contractual agreement. I regard two Democratic governors as my friends, and helped back one of them in a major financial way and spoke and campaigned directly for the other.
I also made it clear in a New York magazine article that I favored Obama over McCain because I thought Obama to be a middle-of-the-road Democrat, exactly the kind I have supported all my adult life, although I will admit to being far more left-wing during my teenage years and early 20s.
To be totally out of the closet, I actually embrace every part of Obama’s agenda, right down to the increase on personal taxes and the mortgage deduction. I am a fierce environmentalist who has donated multiple acres to the state of New Jersey to keep forever wild. I believe in cap and trade. I favor playing hardball with drug companies that hold up the U.S. government with me-too products.
But these are issues that we have no time for now, on the verge of a second Great Depression. This is an agenda that must be held back for better times. It is an agenda that at this moment is radical vs. what is called for. I am proud to have voted for the Obama who I thought understood the need to get us on the right path, and create jobs and wealth before taxing it and making moves that hurt job creation — certainly ones that will outweigh the meager number of jobs he’s creating.
Most important, I believe his agenda is crushing nest eggs around the nation in loud ways, like the decline in the averages, and in soft but dangerous ways, like in the annuities that can’t be paid and the insurance benefits that will be challenging to deliver on.
So I will fight the fight against that agenda. I will stand up for what I believe and for what I have always believed: Every person has a right to be rich in this country and I want to help them get there. And when they get there, if times are good, we can have them give back or pay higher taxes. Until they get there, I don’t want them shackled or scared or paralyzed. That’s what I see now.
If that makes me an enemy of the White House, then call me a general of an army that Obama may not even know exists — tens of millions of people who live in fear of having no money saved when they need it and who get poorer by the day.