Uploaded April 2009 | Updated September 2026, 1 day ago
CNBC Mad Money host Jim Cramer declares the Depression is over during a guest shot on MSNBC Morning Joe. Cramer also touts the economic policies of President Obama and skill of Treasury Secretary Geithner with a giddy exclamation that they are doing everything right. Team Obama learned from history, specifically the failures of President Hoover, and chose correctly to do the opposite to steer the modern Depression into a serious but simple recession with recovery in sight. Opinion features video from MSNBC Morning Joe.
CNBC Mad Money host Jim Cramer declares the Depression is over during a guest shot on MSNBC Morning Joe. Cramer also touts the economic policies of President Obama and skill of Treasury Secretary Geithner with a giddy exclamation that they are doing everything right. Team Obama learned from history, specifically the failures of President Hoover, and chose correctly to do the opposite to steer the modern Depression into a serious but simple recession with recovery in sight. Opinion features video from MSNBC Morning Joe.






![Rush Limbaugh defends AIG bonuses - Dana Perino too
Rush Limbaugh and Dana Perino support the AIG bailout and bonuses Big Business rules in their world, but the conservative Republican leader and former Bush Press Secretary are swimming upstream from mainstream thought. The featured video hails from MSNBC Rachel Maddow and Think Progress wrote this about Perino. Reports over the weekend that bailed-out insurance giant AIG will be paying $165 million in bonuses to executives in the same business unit that brought the company to the brink of collapse last year have sparked bipartisan outrage. Even ultra-conservative Bill Kristol expressed his anger in a column yesterday, asking rhetorically, [I]f capitalism is to survive, shouldnt the Republican party, the party that defends democratic capitalism, be particularly vehement in denouncing its excesses? Isnt this a pretty spectacular one? However, it seems that Dana Perino, former President Bushs press secretary, didnt receive the memo. On C-Spans Washington Journal on Sunday, Perino defended the bonuses: PERINO: And the people who are working there that are middle-class people, are expecting to get this bonus. If they do not get it, maybe they wont be motivated enough to try to help the company turn around and getting the company to turn around and be more profitable is important for all of us. Rush Limbaugh defends AIG bonuses - Dana Perino too](https://i.ytimg.com/vi/L_rJ5l3pknI/mqdefault.jpg)



