TheStreet.com RealMoney

Stock Market Dances on Health Reform's Grave

By Jim Cramer

 About this article:
 Not buying this House bill of goods on health care. Not buying this Pelosi dog-and-pony show. Not betting on it. Not one bit. And I think neither is the market, judging by how much it went up on the devastating health care taxes that Pelosi and company are talking about. These tax increases make investing a sham, because many of the people who invest just saw those marginal stock dollars go up in health care smoke. No, I am not buying it because I think all of the action is in the Senate, and I think the Senate is not going to let this stuff happen. I don't think that health care reform is stillborn, I simply believe that only Medicare Advantage will get hurt -- think Humana and Aetna -- and we won't need radical tax increases to fund this one. I think the stock market...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.