Cramer Says "Short Obama!"

Well at least Cramer has finally come to the realization that Obama does not understand the stock market, probably doesn't like it much, or care about people's 401Ks. The talk of suspending BPs dividend should have taught Cramer as much.

His administration is proving to be the champion for those who don't own stocks and perhaps never will. Or, worse, he thinks that the average working person saves in CDs -- is he unaware of the 25-year campaign by all to have retirement savings and college tuitions paid for by now-tattered stock portfolios?

I point all of this out because when I say this market is going nowhere, I think it is going nowhere because of Washington, not corporate America, not the public sector, not the private sector. The companies we have heard from this week are brimming with cash, with the Jabils setting the tone of terrific earnings and the Apples setting the tone of worldwide dominance.

The problem is that Apple might overreach and thus fall under the justice department, anti-trust regulators, or just White House people who think that "Apple is too big and should be forced to share the wealth." The

White House is reflexively anti-business because they look at them as fat cat capitalists and not people that employ 1000s of people and need to employ 1000s more for there to be a recovery. So of course he pushes Card Check and tries to kill jobs through drilling moratoriums because he thinks fat cat capitalists are the only people hurt.

The only good thing is that November will make him even more powerless since he can no longer push any of his agenda. Also when the legislative and executive branches are held by different parties there is like a 12% move upward in the stock market.