Laura Ingraham hosted Jim Cramer of "Mad Money" on CNBC and author of Get Rich Carefully.
Cramer spoke of the "religion" of globalization where the US is held to a higher standard on the world stage and asked why our trade agreements work against the US where other countries won't take our products while we sell theirs. Ingraham said once all Americans have the American Dream, then we can import more workers.
Cramer explained that investors need to get on the roller coaster and know when to get off. He buys the stocks of the products his children use. He said it's very hard to buy low and sell high. He recounted how he was advised early on to invest in Berkshire-Hathaway and thought it was too expensive and now it is sky high. He complimented today's CEOs but Ingraham rebutted that these CEOs are undercutting US workers, sending our jobs abroad. Ingraham mentioned that we pay for cheap, shoddy goods by job losses, dangers in foreign products, etc.. He said income inequality is dealt with by a vibrant economy, not redistribution of wealth.