huskerbob

A Gigantic Buy - Cramer's Stop Trading! (9/23/08)

What the @#$% does Paulson's plan have to do with consumer spending? Is Cramer assuming that consumer lending will increase, boosting spending? Wow, that would really put the economy on solid footing.
People are tapped out and fed up. Energy and food cost too much, their supposed home "investment" is tanking and this plan won't do a d@#n thing for consumers. Nobody is going to run up their credit card on frivolous purchases because AIG got bailed out!
Also, I agree about Gamestop. People who play video games will be more likely to shop there as opposed to the big box stores as the economy worsens. Better prices!