Jim Cramer on Morning Joe Discussing Card Check 6/3/09
business check card
JIM CRAMER: turn arounds are hard. how about toyota buying up the companies they can in the world which they are a battery business. they are going to be a battery business. that’s a forward way to look at things. it’s going to be battery operated. every time a copper mine comes up for sale, other than the ones the mexicans bought, the toyota companies are buying it. JOE SCARBOROUGH: you’re saying this billion bailout is nothing more than an insurance policy for politicians who don’t want to have to run with 12% unemployment? CRAMER: why are you so uncynical? i think the whole goal is not even political. i think it is literally a terrific way to be able to give the unions charge so know, thi to transfer capitalism away from bond holders to unions because the unions can run a better jobs program than the bond holders. SCARBOROUGH: i keep hearing union. you hear it, too, from business people, liberals and conservatives. looks like the unions are gaining unprecedented power. not only with this administration but — i would — i was told by actually a democratic business person that when certain union members come into their offices, they sxrap and bow because they understand the union representative has carte blanche with this administration. CRAMER: if they get card check, i have to tell you, i think walmart cut in half, most of the department store will suffer mightily. there’s a lot — costco trying to do a middle ground car check. car checks may be the most important …
Aw…Poor WalMart could suffer…Boo-hoo…My tiny finger violin is sobbing…The morning quislings seek new depths of shame to plumb.