He had some very good points and it’s worth every minute of the read. I do have a response to Cramer’s response and I think Cramer is a little misguided in his hopes for what Obama will or won’t do.
Obama doesn't want people to be rich and wealthy because then why would they be dependent on the government? Without government dependence, the government's role will decline and power will shrink. Washington has every incentive to not allow this to happen. Obama is dead set on ruining the US economy in whatever fashion he can to increase the dependent roles of this country to the point that only through political power will one be wealthy.
Look at the major banks that have been "bailed-out"- they all have contributed large sums of money to politicians and many have participated in the revolving door in Washington by now working in high positions of the government.
The best thing for main street would be to reinvent the government to which they are slaves to. As Thomas Jefferson has said, “Whenever any form of government becomes destructive of these ends life, liberty, and the pursuit of happiness it is the right of the people to alter or abolish it, and to institute new government...”