Two Scoops of Betrayal By Jim Cramer About this article: We caught a nice relief rally today. A relief from what? I say from betrayal. The selloff over the last week, this nasty decline, is being traded behind the scenes. Nobody really wants to say it aloud, but this perceived sellout, or at least a sell-down, of both the economy and Wall Street is by President Obama. The betrayal can be identified in two forms: the stimulus package, which seems to have been drafted as pure hokum by Rep. Nancy Pelosi (D-Calif.), who suddenly seems in charge of the government's economic plans, and the incredible focus on executive pay, which makes us realize that whatever bank plan Obama might have could return to the Freddie Mac/Fannie Mae model of screwing the preferreds. That would be devastating for all who invest in bank stocks and basically end the capital-raising abilities of even the good banks, or at... 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.

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