The Truth of How Bad It Is: Jim Cramer: “The Fed is Asleep”…We have Armageddon

Jim Cramer says “14,000,000 took a mortgage in last 3 years, 50% or 7,000,000 took teaser rates, or piggy back rates…they will lose their homes.  I’m sorry to be upset about it…
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Jim Cramer says “It’s smart to walk away” from that mortgage…TheStreet.com TV

If I say it…I’ll probably get sued!  Jim Cramer says “if your house is down, just walk away”….
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