On March 18, "Mad Money" host Jim Cramer appeared on CNBC's "The Kudlow Report" and predicted that passage of healthcare reform would "topple the stock market." Five days later, on March 23, the day President Obama signed healthcare reform into law, the Dow Jones Industrial Average closed up 102 points at 10,888.83, a new 17- month high.
Slate's Daniel Gross warned yesterday, "don't short Obama." You're only going to get burned. Hillary learned that lesson, and so did John McCain. When's Jim Cramer going to buy a clue?
For more: This time, Jim Cramer gets healthcare wrong - Healthcare Reform | Obama Health Care Plan - Salon.com
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