RealMoney Radio Recap: The Silence of the Bears

"I often declare to people out there that I'm bullish in this market and that there is a way to make money whether it's an up or down day," Jim Cramer told listeners of his "RealMoney" radio show Tuesday.

However, there's a flipside to all this. There are people "who want the market to be negative so they can win," Cramer said. "We call these people the bears."

But as of late, the bears have been quiet. This is because if things were so bad in housing -- and if the consumer were suffering from higher rents, lower salaries and huge discretionary spending being trashed by higher oil prices -- "don't you think we would see more defaults and little businesses walking away from loans?" Cramer asked.

The fact of the matter is "we haven't seen this," Cramer said. And for once, the newspapers haven't been burying the strength of the consumer.

A lot of people signed up for credit cards this year, and Cramer said that if he were a bear, he would portray this as "dangerous" and point out how consumers are borrowing too much.

Cramer also said he would point out that when credit borrowers realize that the value of their homes is plummeting, they would default on their cards and "cause loan losses to soar."