Jim Cramer on the Cover of Barrons

August 24, 2007 | Posted by Jorge

This week Jim Cramer, host of Mad Money on CNBC, was on the cover of Barrons magazine. Why? I have absolutely no idea. You would figure with the 180 the Fed pulled last week in cutting the discount rate, or the ongoing issues with the housing and financial markets, Barrons would publish something a bit more relevant to the current market.

I think people misjudge what Mad Money is supposed to do. It’s not a TV show that tells you what to buy and when. It’s an educational show. It’s something that hasn’t been and probably won’t be taught in schools around the country. Kids in school have very little in terms of financial knowledge once they graduate from either high school or even college. That’s part of the reason the country’s in a financial mess right now. Mad Money shows you how to invest, not what to invest. The problem is folks take shots at whomever they can whenever possible, even if the facts those shots are based off of are completely false. I’m sure the Barrons article has nothing to do with Dow Jones selling to FOX though. Why would you have such a controversial article on the front.. oh.

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