"Larry Summer's speech reminds me that there's a pro-growth part of this administration that was left over from Clinton," said Jim Cramer on CNBC's "Stop Trading!" segment on Friday. "It was very heartening, and it was very much in keeping with what we've seen in the market this week."

Cramer said that the Obama administration is inspiring confidence and proving that it is pro-business. He thinks that the administration changed its tone after it saw the market go down so much.

Cramer said that Obama "basically is saying, 'I know the deal. Unless business starts doing better, unless people start making more money, rich and poor, we're not going to get out of this.'"

What Cramer would like to see is Treasury Secretary Tim Geithner come out in agreement with Federal Reserve Chairman Ben Bernanke. That would be "gave over for people shorting the bank stocks," Cramer said.

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

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, 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 Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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