Sunday, January 20, 2013

A second thought for Sunday: it turns out that Jim Cramer's rant was right


. - by New Deal democrat

The Fed released their minutes from 2007 this past week, and while there were concerns about the economy voiced, it turns out that there was a lot of ill-fated complacency -- meaning that, as it turns out, Jim Cramer's famous "THEY KNOW NOTHING!!!!!" rant In July 2007 was spot on.

Business Insider has the official Cramer video if you want to watch it, but it brought to mind this hilarious spoof posted the next week from Hoofy and Boo at Minyanville: