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Washington Roadblock

By Jim Cramer

About this article:
Totally dispiriting session because it shows you how Washington can stop any rally right in its tracks. You tax health care benefits and raise taxes for the rich when you are sure things are going to get better, but not until then. I thought President Obama recognized that, so what was he thinking? That things had so turned up that we didn't need to worry anymore and can go back to taking action that will hurt the market and consumer spending? The first 1,000 Dow points off the bottom came because we ended the recession; the next 1,000 Dow points -- where we got to -- were predicated on there being some end to the recession within the next six months. It is obvious that we can see an end to the recession in 2010 if we do not crimp the consumer. It is equally obvious that...

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