Gibbs vs. Cramer

W.H. Press Secretary Robert Gibbs seems to be getting more and more questions about TV personalities dissing the President's economic policies. The latest comes from CNBC's Mad Money host Jim Cramer where he calls Obama's budget plan "the greatest wealth destruction I've seen by a president."

Ouch. The capitalists at CNBC seems to be getting on the White House's nerves lately. Just a few weeks ago it was Rick Santelli, surrounded by traders on the floor, who blasted Obama's mortgage rescue plan.

And how does Gibbs spin Cramer's criticism? Says Gibbs:

If you turn on a certain program it's geared to a very small audience. No offense to my good friends, or friend at CNBC. But the President has to look out for the broader economy and the broader population.

Jim Cramer has a very small audience? What comes out of Cramer's mouth can move markets. Well, I guess Obama has the same influence as it seems everytime he opens his mouth, the Dow dips a few hundred points...

Rick Santelli is my hero

Rick Santelli of CNBC is upset about the President Obama mortgage rescue plan, and rightly so. He and the traders at CBOE working around him are certainly the faces of good ol' American capitalism!