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'''Jim Cramer''' (full name '''James Joseph Cramer''', born February 10, 1955)<ref name=pabook>{{cite web|title=Cramer, James J. (Jim)|url=http://www.pabook.libraries.psu.edu/palitmap/bios/Cramer__Jim.html|author=Michael A. Kowalski|date=Spring 2008|publisher=[http://www.pabook.libraries.psu.edu/ The Pennsylvania Center for the Book]}}, June 6, 2009.</ref> is the television host of [[CNBC|CNBC's]] ''Mad Money'', a former [[hedge fund]] manager, and also a best-selling author.<ref>[http://www.cnbc.com/id/17364946/site/14081545/ Jim Cramer Bio], CNBC.com</ref> Cramer is a market commentator for ''TheStreet.com'', which he co-founded and of which is he is the largest shareholder. In addition to writing a column for ''TheStreet.com'', Cramer also writes about the stock market as a columnist for ''New York'' magazine, and he is a frequent contributor to ''Time'' magazine. He was a founder of and former columnist for ''SmartMoney'' [[magazine]] and helped found ''American Lawyer'' magazine. Jim Cramer also shares his stock picks live on air with [[Erin Burnett]] during his ''"Stop Trading!"'' segment on CNBC's ''Street Signs''.

'''Jim Cramer''' (full name '''James Joseph Cramer''', born February 10, 1955)<ref name=pabook>{{cite web|title=Cramer, James J. (Jim)|url=http://www.pabook.libraries.psu.edu/palitmap/bios/Cramer__Jim.html|author=Michael A. Kowalski|date=Spring 2008|publisher=[http://www.pabook.libraries.psu.edu/ The Pennsylvania Center for the Book]}}, June 6, 2009.</ref> is the television host of [[CNBC|CNBC's]] ''[[Mad Money]]'', a former [[hedge fund]] manager, and also a best-selling author.<ref>[http://www.cnbc.com/id/17364946/site/14081545/ Jim Cramer Bio], CNBC.com</ref> Cramer is a market commentator for ''TheStreet.com'', which he co-founded and of which is he is the largest shareholder. In addition to writing a column for ''TheStreet.com'', Cramer also writes about the stock market as a columnist for ''New York'' magazine, and he is a frequent contributor to ''Time'' magazine. He was a founder of and former columnist for ''SmartMoney'' [[magazine]] and helped found ''American Lawyer'' magazine. Jim Cramer also shares his stock picks live on air with [[Erin Burnett]] during his ''"Stop Trading!"'' segment on CNBC's ''Street Signs''.

Jim Cramer was born to Polish-American parents in Wyndmoor, Pennsylvania, a suburb of [[Philadelphia]].<ref name=pabook/><ref name=isb>{{cite news|title=Jim Cramer|url=http://www.internationalspeakers.com/speaker/395/jim_cramer|publisher=[http://www.internationalspeakers.com/ International Speakers Bureau]}}, June 6, 2009</ref> He went to Springfield Township High School in Montgomery County, Pennsylvania.<ref>{{cite web|url=http://www.publicschoolreview.com/school_ov/school_id/71004|title=Springfield Township High School|publisher=publicschoolreview.com}}, June 6, 2009</ref> Cramer graduated <i>[[magna cum laude]]</i> from [[Harvard College]] in 1977 with a [[Bachelor of Arts|B.A.]] in [[government]],<ref name=isb/> where he was President and Editor-in-Chief of ''The Harvard Crimson''. After graduation he became a [[journalist]] for four years; he worked for the ''Tallahassee Democrat'' and later for the ''Los Angeles Herald Examiner'' before attending [[Harvard Law School]] where he earned a law degree in 1984.<ref>[http://www.thestreet.com/author/269/jim-cramer/all.html Jim Cramer RealMoney columnist], TheStreet.com</ref> In 1988, Cramer [[marriage|married]] his [[wife]], Karen, and they had their first child in July 1991.<ref name=isb/>  

Jim Cramer was born to Polish-American parents in Wyndmoor, Pennsylvania, a suburb of [[Philadelphia]].<ref name=pabook/><ref name=isb>{{cite news|title=Jim Cramer|url=http://www.internationalspeakers.com/speaker/395/jim_cramer|publisher=[http://www.internationalspeakers.com/ International Speakers Bureau]}}, June 6, 2009</ref> He went to Springfield Township High School in Montgomery County, Pennsylvania.<ref>{{cite web|url=http://www.publicschoolreview.com/school_ov/school_id/71004|title=Springfield Township High School|publisher=publicschoolreview.com}}, June 6, 2009</ref> Cramer graduated <i>[[magna cum laude]]</i> from [[Harvard College]] in 1977 with a [[Bachelor of Arts|B.A.]] in [[government]],<ref name=isb/> where he was President and Editor-in-Chief of ''The Harvard Crimson''. After graduation he became a [[journalist]] for four years; he worked for the ''Tallahassee Democrat'' and later for the ''Los Angeles Herald Examiner'' before attending [[Harvard Law School]] where he earned a law degree in 1984.<ref>[http://www.thestreet.com/author/269/jim-cramer/all.html Jim Cramer RealMoney columnist], TheStreet.com</ref> In 1988, Cramer [[marriage|married]] his [[wife]], Karen, and they had their first child in July 1991.<ref name=isb/>  

=== Obama Accountability Index ===

=== Obama Accountability Index ===

The day after [[Barack Obama]] was sworn in, on January 21, 2009, an [[economist]] and [[television]] host of ''Mad Money'', Jim Cramer, created a stock index to track the new president's progress. Cramer chose companies that operated in the very sectors that needed the most help, and he suggested their performance would tell [[Americans]] how effective Obama had been and whether or not his plans to save the economy had worked. Solely based on the performance of the [[stock market]], Cramer created the "Obama Accountability Index."<ref>[http://www.cnbc.com/id/28753120 Cramer's 'State of the Market' Address], CNBC's ''Mad Money'', Jan. 21, 2009.</ref> It consisted of six stocks: Bank of America (BAC), Citigroup (C), Caterpillar (CAT), [[General Electric]] (GE), [[General Motors]] (GM) and JPMorgan chase (JPM). It’s an equal-weighted index that starts at 100, using closing prices on the day the index was created as a baseline. Cramer said, "This index will grade Obama’s success as president. If he fails, so does the stock market."<ref>[http://derekerwin.blogspot.com/2009/02/obama-lied-our-economy-died.html Obama Lied, Our Economy Died], A 1-In-100 Blogger, February 2009.</ref>  

The day after [[Barack Obama]] was sworn in, on January 21, 2009, on his [[television]] show ''Mad Money'', Jim Cramer created a stock index to track the new president's progress. Cramer chose companies that operated in the very sectors that needed the most help, and he suggested their performance would tell [[Americans]] how effective Obama had been and whether or not his plans to save the economy had worked. Solely based on the performance of the [[stock market]], Cramer created the "Obama Accountability Index."<ref>[http://www.cnbc.com/id/28753120 Cramer's 'State of the Market' Address], CNBC's ''Mad Money'', Jan. 21, 2009.</ref> It consisted of six stocks: Bank of America (BAC), Citigroup (C), Caterpillar (CAT), [[General Electric]] (GE), [[General Motors]] (GM) and JPMorgan chase (JPM). It’s an equal-weighted index that starts at 100, using closing prices on the day the index was created as a baseline. Cramer said, "This index will grade Obama’s success as president. If he fails, so does the stock market."<ref>[http://derekerwin.blogspot.com/2009/02/obama-lied-our-economy-died.html Obama Lied, Our Economy Died], A 1-In-100 Blogger, February 2009.</ref>  

On February 20, 2009, Jim Cramer graded the president's ability to rejuvenate the economy, based on the ''Obama Accountability Index''. Reviewing Obama's 30-Day Report Card, Cramer said, "Well, the index is down 35% since January 21, the day it was created. The S&P 500 over that same period has declined just 8%."<ref>[http://www.cnbc.com/id/29308202/ Obama's 30-Day Report Card], CNBC, Feb. 20, 2009.</ref> So Obama, at least according to Cramer’s portfolio, wasn't doing too well.<ref>Jim Cramer. [http://www.madmoneyrecap.com/madmoney_nightlyrecap_022009_3.htm Opening Segment #3: 'Make The Grade'], February 20, 2009.</ref>

On February 20, 2009, Jim Cramer graded the president's ability to rejuvenate the economy, based on the ''Obama Accountability Index''. Reviewing Obama's 30-Day Report Card, Cramer said, "Well, the index is down 35% since January 21, the day it was created. The S&P 500 over that same period has declined just 8%."<ref>[http://www.cnbc.com/id/29308202/ Obama's 30-Day Report Card], CNBC, Feb. 20, 2009.</ref> So Obama, at least according to Cramer’s portfolio, wasn't doing too well.<ref>Jim Cramer. [http://www.madmoneyrecap.com/madmoney_nightlyrecap_022009_3.htm Opening Segment #3: 'Make The Grade'], February 20, 2009.</ref>