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Cramer's 'Mad Money' Recap: Don't Let Politics Get You Down

With the new Chinese leadership highly incentivized to get things moving quickly, Cramer said he'd play China with the iShares FTSE China 25 (FXI) ETF, which represents a basket of high-quality Chinese stocks from materials to telecom. Best of all, the FXI pays a hefty 4.8% dividend.

Lightning Round

In the Lightning Round, Cramer was bullish on Toro (TTC).

Cramer was bearish on Choice Hotels (CHH), Marvell Technology (MRVL), Alcoa (AA), Stratasys (SSYS) and MarkWest Energy Partners (MWE).

Executive Decision

In the "Executive Decision" segment, Cramer once again spoke with David Demers, CEO of Westport Innovations (WPRT), a natural gas engine maker that's doubled since Cramer first recommended it in January 2010, but also one that's fallen 28% from its highs in August, as hopes for a quick transition to natural gas for heavy trucks faded with an Obama re-election.

Demers said it's important to realize the enormity of the industries Westport and the entire natural gas industry are disrupting. He said everything from the fuel producers, to refiners to filling stations to vehicles and engines all must coordinate in order to make natural gas a prominent surface fuel. Demers noted that while signs may not be visible to the public, things are indeed happening.

When asked about his company's lagging quarterly results, Demers characterized them as merely a pause in the transition. He said while last year was strong, the economy this year has pushed some sales into 2013. Those sales will be coming, he added, saying that the next generation of products, including a long-haul engine, will drive growth throughout next year.

Cramer fell short of offering a recommendation on Westport, continuing to express optimism for the future of natural gas as a surface fuel but noting that the transition has been riddled with delays for years.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer opined on just what it may take in order to achieve a budget deal and avert the fiscal cliff. He said there are three pressure points that could get Congress moving.

The first would be a precipitous market decline, something that would surely get their attention. Second would be a rise in jobless rates, as companies learned during the last slowdown that those who fired first survived the best. Finally, Cramer said the election itself is spurring some change, as the Republican and Democrats have both learned that doing nothing is the quickest way to to get voted out of office.

Cramer said he hopes the message of the election is enough to get things moving before the other two begin to take hold.

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

-- Written by Scott Rutt in Washington, D.C.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC

At the time of publication, Cramer's Action Alerts PLUS held positions in CAT, ETN, FXI.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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