We've spilled some ink about CNBC Mad Money host Jim Cramer before, the financial expert who – as The Daily Show pointed out – missed the whole Great Depression 2.0 thing. Of course, it's not fair to single out Mr. Cramer, as 99 out of 100 economists thought credit default swaps based upon ill-conceived home loans to people with lousy credit was a sure-fired, long-term money-making bonanza.
- Jonny Lieberman
- Aug 4, 2009
Capitalist-on-steroids Jim Cramer of Mad Money fame (or, if you're a Daily Show fan, infamy) thinks Cash For Clunkers is a great idea. This might surprise some of you (and shock us), but here's his reasons why:
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