Notorious CNBC host Jim Cramer, one of the prime suspects on our Aspberger’s Watch, welcomed Ron Paul to his Mad Money program on Friday, and the two proceeded to play tummysticks on the subject of abolishing the Federal Reserve. Cramer’s hatred of the central bank became YouTuberously famous in August when he ranted about how all his poor i-banker friends were watching their profit margins narrow as the Fed wasn’t acting on the mortgage crisis. So despite the Fed’s smooth resolve in staving off recession during various South Asian financial crises and Russian debt defaults in the mid- to late-90s — flushes of liquidity that allowed Cramer to accrue a $50+ million fortune as a hedge fund manager — he wants to get rid of it. Ron Paul can have him. [Mad Money]
Dec 17 1:20 pm 2007
Hey there, Wonkeputians! Shypixel here to remind you to remember our Commenting Rules For Radicals, Enjoy!