Jim Cramer On McCain's "Lack Of Any Knowledge Whatsoever About Economics"

After hearing about John McCain's ridiculous criticism of Social Security -- you know, the fact that it still functions the way it has for, oh, 75 ye
By SilentPatriot — July 10, 2008

After hearing about John McCain's ridiculous criticism of Social Security -- you know, the fact that it still functions the way it has for, oh, 75 years -- CNBC's Jim Cramer can't help but laugh at the "disorganized" John McCain and his complete lack of knowledge about all things economic.

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"I gotta tell you: McCain is the most disorganized, lack of any knowledge whatsoever about economics."

Cramer makes another salient point when he mentions that McCain is in favor of private accounts (well, he does depending on which day you ask him) and that millions of Americans would have lost their shirts if they had been investing their money during this economic climate.

"The fact of the matter is the whole banking system is falling apart. If you had money in the stock market...Republicans want you to invest it yourself...you would have lost a fortune. Is that what we really want? A bailout of another bailout or another bailout?"

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