Jim Cramer comes out in support of the new Housing Bill that is to provide $300 billion dollars at the tax payers expense. He says this bill is exactly what the economy needs to make a major turn around. He also states that the financial sector will be strong in the coming future due to such a bill.
If you watch the Jim Rogers interview IWP! posted on Friday, you will see some glaring contradictions by Mr. Cramer here. View the Jim Rogers video here. IWP! would love to see these to duke it out verbally over who is right.
Nevertheless, Cramer has build himself into an American icon. But does he have the right viewpoint here? Only time will tell, but you can let your opinion be known by watching the video and leaving your comments below.
Do you think Cramer is right, wrong, or are you indifferent? Why or why not?
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