Tuesday, January 13, 2009

Cramer v. Paulson and the Lehman Brothers Bankruptcy

[Post Summary]

I sought him, but I could not find him;
Song of Solomon

* * * * *

It is one thing when an outsider blogs about financial fraud. It is entirely another when a well-know personality rants about it on national television.

Did you see Jim Cramer's Mad Money on January 12, 2009? He does a segment called, "Rant of the Day." This one was ... bold? ... revealing? ... DANGEROUS?

It took a lot of courage to call Treasury Secretary Hank Paulson a liar. This, however, is righteous in the home of the brave. Freedom of speech tearing into dissemblers whose financial machinations threaten all that is priceless shows how the pen is mightier than the sword.

Yet who is served? Truth is it's up to you. A good beginning simply is realizing all things are not what they seem...

—Tom Chechatka

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