This morning on MSNBC, during an appearance on Morning Joe, CNBC’s Jim Cramer got his deceased presidents confused. Seriously.
Joe Scarborough and Cramer were talking about what $100,000 means today and what it meant when Jimmy Carter was president.
Cramer: Carter being… you know, again I always have to say the same thing because I am a sweet guy. May he rest in peace. It’s just not fair….
AdvertisementScarborough: He’s still alive. Jimmy Carter? He’s still alive.
Cramer: Okay scratch that.
Scarborough: Gerald Ford‘s gone, Jimmy Carter is still with us.
Cramer: I get confused for heaven’s sake. It was a bad era, I like to put it past…
Mika Brzezinski seemed aghast at the comment: “um, what are you…what…?” While David Shuster and Harold Ford Jr. simply looked stunned.
Meanwhile, over on CNBC this week and next, they are going back in time, just one year, marking Cramer’s Rant Heard ‘Round The World, and the beginning of the credit crisis.
The press release is after the jump…
CNBC TO BROADCAST “IS YOUR MONEY SAFE? ONE YEAR LATER”
A CNBC SPECIAL EVENT MARKING THE ONE-YEAR ANNIVERSARY OF THE CREDIT CRISIS AND CRAMER’S RANT HEARD ‘ROUND THE WORLD BEGINS WEDNESDAY, JULY 30TH TO TUESDAY AUGUST 5TH
ENGLEWOOD CLIFFS, N.J., July 29, 2008-One year ago a crisis exploded that shook the markets, the economy and investors. Since then, it has claimed jobs, wealth, homes and even vast corporations once thought invulnerable.
And, it isn’t over yet. One year later, the question still remains-Is Your Money Safe?
Beginning tomorrow, Wednesday, July 30th through Tuesday, August 5th, CNBC, First in Business Worldwide, will broadcast a five-day CNBC Special event, “Is Your Money Safe? One Year Later,” to mark the one-year anniversary of the meltdown in the credit market and CNBC’s Jim Cramer’s Rant Heard ‘Round the World. The special coverage will lead up to the Federal Open Market Committee (FOMC) meeting on Tuesday, August 5th. Coverage will air throughout CNBC’s Business Day programming and focus on topics including the state of the housing market, what the economy, markets and businesses have already been through and how much more is ahead as well as the role of the government.
Following is the schedule for CNBC’s “Is Your Money Safe? One Year Later”
special coverage:
Wednesday, July 30th:
• CNBC’s Senior Economics Reporter, Steve Liesman, will highlight the
life-altering events of late July/early August 2007 when we went from “goldilocks” to credit crisis and entered a whole new economic/market reality.
Thursday, July 31st:
• Beginning at 10AM ET on CNBC’s “Squawk on the Street,” Steve Liesman, will
host a “White House Economic Summit” with Ed Lazear, Chairman of the Council of Economic Advisors; Keith Hennessy, Assistant to the President for Economic Policy and Director of the U.S. National Economic Council; and Jim Nussle, Director of the Office of Budget and Management.
• Beginning at 3PM ET on CNBC’s “Closing Bell,” Maria Bartiromo will sit
down with Former Federal Reserve Chairman, Alan Greenspan.
Friday, August 1st:
• Special Edition of CNBC’s “Street Signs” (2PM-3PM ET) to mark one-year
after CNBC’s Jim Cramer’s infamous Fed rant. Throughout CNBC’s Business Day Programming, Senior Correspondent Scott Cohn will cover the “rant heard ’round the world” and how Cramer’s call to arms woke up America and pointed to the trouble ahead.
Monday, August 4th:
• CNBC will focus on the state of the real estate industry and profile the
current realities of buying, lending and selling.
Tuesday, August 5th:
• CNBC will report on the Federal Open Market Committee (FOMC) meeting and
rate decision and anticipate what’s ahead and how much crunch is left in the credit crisis.