Jim Cramer on Morning Joe Discussing Card Check 6/3/09
JIM CRAMER: turn arounds are hard. how about toyota buying up the companies they can in the world which they are a battery business. they are going to be a battery business. that’s a forward way to look at things. it’s going to be battery operated. every time a copper mine comes up for sale, other than the ones the mexicans bought, the toyota companies are buying it. JOE SCARBOROUGH: you’re saying this $50 billion bailout is nothing more than an insurance policy for politicians who don’t want to have to run with 12% unemployment? CRAMER: why are you so uncynical? i think the whole goal is not even political. i think it is literally a terrific way to be able to give the unions charge so know, thi to transfer capitalism away from bond holders to unions because the unions can run a better jobs program than the bond holders. SCARBOROUGH: i keep hearing union. you hear it, too, from business people, liberals and conservatives. looks like the unions are gaining unprecedented power. not only with this administration but — i would — i was told by actually a democratic business person that when certain union members come into their offices, they sxrap and bow because they understand the union representative has carte blanche with this administration. CRAMER: if they get card check, i have to tell you, i think walmart cut in half, most of the department store will suffer mightily. there’s a lot — costco trying to do a middle ground car check. car checks may be the most important …
NO TO UNIONS!
Foreign cars for me until unions are disbanded.
No GE products for me – EVAH!
You have it completely backwards.
Wal-Mart in particular has been shipping US resources overseas for dozens of years. By slashing Wal-Mart influence more jobs are likely to remain or be created here stateside. So the poor are more likely to find gainful employ under a regime not ruled by Wal-Mart and under higher wages.
How is that a bad deal?
Crooks and Liars pointed out something damning.
They’re talking about how they can’t think of any successful unionized companies.
They work for one.
GE is unionized.
Morons.
Successful Unionized Companies: AT&T, GE, General Mills, Kelloggs, Philip Morris, Budweiser, Northwestern Mutual, Miller Brewing, Harley Davidson, UPS, major league sports, Hollywood, CUNA Mutual, Kaiser Permanente, Radisson, Hyatt Regency, Verison …
I already seen this and said it millions of times I hate wall-mart damn.
It would have been interesting if the union workers running the cameras walked away during the show and left them to finish by themselves.
which means the poor, who shop there, will pay higher prices……..for, in the end merely to funnel campaign contributions to the democrats. on top of that…….it means fewer jobs for the poor because the higher the expense of employing them. thus insuring more dependents on government, and also, more jobs shipped overseas to low-cost producers.
Class warfare FTW!
Aw…Poor WalMart could suffer…Boo-hoo…My tiny finger violin is sobbing…The morning quislings seek new depths of shame to plumb.