Was Jim Cramer right?

[DavidS]

[ame=http://www.youtube.com/watch?v=rOVXh4xM-Ww]YouTube - Cramer: Bernanke, Wake Up[/ame]

We'll spend billions in Iraq to build homes, we are going to have thousands of people, we have thousands of people losing their homes right now. 14 million people took a mortgage in the last 3 years. 7 million of them took teaser rates, or took piggyback rates. They will lose their homes! This is crazy!

 

[NOBama]

[YOUTUBE]_nkZ3eHeXlc&NR=1[/YOUTUBE]


I was going to comment on this but, the video speaks for itself.