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‘I don’t want to have a Mormon as president?’ I never even thought of
him as a Mormon. He is like the best businessman in North America. And
that is how you should think of him.'"
Shades of Mad Man
Muntz - without the Savvy
Back in the late ‘90s, when tech stocks were flying
high, JDS Uniphase capped out at $1,227 a
share, giving it a bigger market cap than both Cisco
Systems
and Intel
have today. But then the bubble burst, taking JDSU down 99.8% and
changing its name on Wall Street from “Just Don’t Sell Us” to “Just
Don’t Sue Us.” [The
Curious Case of JDS Uniphase]
I
picked this JDSU item because, for me, it defines CNBC's Jim Cramer. He
appeared regularly on Fox
& Friends back then. I can still hear him touting "Just
Don’t Sell Us" like he was getting a commission on it (ahem).
Then—
Jim Cramer endorsed, and proudly voted for Obummer in 2008. Then—
In 2009 he appeared on the Daily Show, groveling before
smarmy host
Jon Stewart— then on a rant about CNBC's Rick Santelli's Teaparty
founding rant (about Obama's carelessness with taxpayer money).
Kramer
wagged his tail and agreed that Santelli acted foolishly, and he
thought it scandalous..
It's fair then to say that Jim Kramer would be welcome at any Obama
White House dinner, Oui? So, shades of Erskine
Bowles: segue 2007
"[W]hile
he hasn’t talked a lot about his thoughts on this year’s presidential
election, [Cramer did lay out the case for Romney during an appearance
on MSNBC’s “Hardball” on June 1, 2007. 'Can I just tell you something
right now — I interviewed with Romney,' Cramer said. 'He tried to hire
me in 1984. Why do people now say well, ‘I don’t want to have a Mormon
as president?’ I never even thought of him as a Mormon. He is like the
best businessman in North America. And that is how you should think of
him.'" [DC]
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