Jim Cramer and T. Boone Pickens: Dishonest Economic Fascists Together

I don't even watch Jim Cramer on CNBC. But I saw 30 seconds this Wednesday night. It was 30 seconds too many I will remind you again of the definition of "economic fascist": someone wh favors central plannning control over the economy by means of a "partnership" between Big Government and Big Business/Wall Street. This is antoher descrtiption of economic fascism: "socialism with a cappitalist veneer". As I have often stated, President Obama is an economic fascist (having noting to do with Hitler). As this blog has said for onger than a year--probably two years or more--"god old boy" T. Boone Pickens is one of the worst, most sself-promoting economic fascists out there.


Typical statement from dishonest T. Boone "there is a sucker born every minute" Pickens to Jim Cramer, in support of a pendin g bill in Congress that would line T. Boones' pockets: "This bill does not provide for a SUBSIDY (emphaiss in tehe original T. Boone). It merely provides for a 'tax credit', which means you do ot have to pay taxes." Pickens said this to Jim Cramer, who nodded (not turning a hair, because Cramer and all of CNBC are just as DISHONEST as T Boone, and just as much economic fascists).


What can yoiu say about a man who can tell an Orwellian LIE like this iwith a straight face? First, the man is as DISHONEST as they come. Second, whatever his is SELLING is something you should not buy, and something which should make you vote AGAINST any politician who does buy this snake oil . What good ol' T. Booone is promoting is NATURAL GAS. But T. Boone does ot want natural gas to compete in the marketplace. He is an econom;ic fascist, who favors an energy "pklan" to CONTROL the energy industry of this countgry. Part of that "plan"--the part in which T. Boone is intrested after his "wind power" project failed utterly--is for the Federal Government to SUBSIDIZE natural gas use by vehicles, becaukse we have so much natural gas in this country (making it not dependent on OPEC). T. Boones never answers, because he can't, why--if natural gas is so goo--we need to have TAXPAYERS SUBSIDIZE natral gas use by vehicles. I have no problem with use of natural gas, if it makes ECONOMIC sense. As stated, you know that gold ol' T. Boone is not TRYING to "make sense" when he LIES this blatantly (by dentying, flat out, that a subsidy is a subsidy).


Let me be as direct and blunt as I can. EVERYBODY (butr Jim Cramer and Pickens) agrees that a tax credit is a SUBSIDY. In fact, most agre it is a TAX EXPENDITURE (indistinguishable from welfare for the benefit of individuals favored by our government). As asked above, what can you say about a man who would make the kind of absurd statement T. Boone made? What you can definitely say is that it DISCREDITS every single other word he says. A tax credit is a direct subsidy--favoring on e product and certain individuals over other products and other indivicuals and companies. To say otherwise, as Pickens did, is to say black is white.


What can you then say about Jim Cramer, who openly endorsed what T. Boone Pickens had to say, and did not even question the absurd falsehood that a tax credit is not a subsidy? Well, Cramer, we can say that you, and all of CNBC (this not being the first time that CNBC has featured Pickens and his snake oil), are DISHONEST. Furter, Cramer, we can say that you, and all of CNBC, do not believe in a free market system, but do believe in economic fascism.


I ask you people out there: Do you really want to SUBSIDIZE Pickens, who is a RICH man, instead of making him compete in the marketplace like anyone else? I hope not. For that matter, do you want to encourage the DISHONESTY of CNBC and Jim Cramer? I hope not again.