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"I haven't heard anybody say anything good about this plan all day today," Jim Cramer said on Friday's "Stop Trading! segment on CNBC, referring to the government's plan to bail out the financial industry.

"All I've heard is that everything's artificial and it's all bad," said Cramer. "I think the confiscation of

Fannie Mae


was bad. Honestly, I mean, nothing's worked. Why not try this?"

In response to worries that bringing the uptick rule back would be difficult, Cramer said it's not true. "You just slow things down, " he said. "There's a lot of ways to get around it? Well, you know what? It sure worked for a long time."

At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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