RealMoney Radio Recap: Times-a-Wastin'

Anyone who wants Tribune only wants the company's TV stations and the Chicago Cubs, Cramer said, adding he believes the real problem is figuring out what to do with the newspapers and whether they can be offloaded on rich people.

"The private equity guys will ditch the papers fast, bring TV public quickly and sell the Cubs for much more than Tribune would know how to," he said. "In the end, Tribune's lack of savvy, including its stupid, highly leveraged buyback, coupled with the shrewdness of the private equity guys, will allow Tribune to be sold."

BUD's Good Brew

On Tuesday, Anheuser-Busch (BUD Quote) announced that, contrary to what people were saying, the company is not in decline, Cramer said.

Cramer said he was consequently struck at how positive the news was and the better-than-expected numbers the company talked about.

But then he read a business brief in The Wall Street Journal this morning which discussed the company's decline in international brewing because of problems in the U.K. However, after continuing through the paper, Cramer said he came across a story about how Anheuser-Busch stock went up 75 cents because it reiterated its long-term target for growth in earnings per share.

The stock is being hurt today because of the negative article, "but it is wrong," he stressed. The article warns of profit fall, but after doing your homework, you may find that this is not true, Cramer said.