This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Jim Cramer: Why I Talk Politics

NEW YORK (Real Money) --"Stick to stocks, Cramer!"

I get that a lot these days on @JimCramer on Twitter, and my response, uniformly, is: I wish I could.

Believe me, I don't want to have to attempt to know Washington. I don't like politics. I had to do politics on Kudlow & Cramer, and I disdained it. First, you had to be uniformly polite to everyone, deserving or not. Second, what you asked was meaningless to them. They said what they had to say and no more. I was not left or right. I was dead center. No one wants dead center down there. It was impossible.

That said, right now politics is all that matters. So you immerse yourself, you use your contacts in Congress, the Fed, Treasury, whatever you can. And you set out to try to figure out what matters and what doesn't. You do that because of days like yesterday when news from individual stocks was meaningless. Think about it, the only stock that reacted to news of any sort yesterday was L Brands (LTD), and it was NEGATIVE. Otherwise, what did it matter what any company said? The futures were in control and stocks were playthings.

Think about what has happened since President Obama got elected. Sure, the market's been strong, but that's really the doing of the companies themselves, which have worked hard to be free from Washington as best as they can, and the Fed, which has been most supportive of the wealth effect. There's been nothing good from the president or Congress for stocks that I have seen, and I know first-hand that what's good for stocks may actually be regarded as bad for the base, the people who support President Obama through thick and thin. This is very different from Bill Clinton, who I can tell you first-hand cared greatly about the stock market and was fascinated by it.

Neither party in Congress is any good for stocks at all that I can tell. The Republicans used to be reliable when it came to oil and gas. Now they just back the Keystone Pipeline, which is becoming meaningless except for Canadian crude, and while I personally believe it would be good for America, Green has become a religion, which is why I think that it will never be built under this administration.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
DOW 17,122.01 +15.31 0.09%
S&P 500 2,000.12 +0.10 0.00%
NASDAQ 4,569.6210 -1.0160 -0.02%

Our Tweets

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs