Cramer on the Candidates

An observation from Jim Cramer, host of Mad Money on CNBC, writing in New York Magazine (emphasis his):

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There is a growing belief on Wall Street that Barack Obama has the capacity to lead us out of this wilderness while John McCain does not. I’ll go a step further:

Obama is a recession. McCain is a depression…

Oh, and on investments? Cramer thinks the Dow could be at 8300 this time next year. In terms of investing between now and next fall, he says, “I’d buy the stocks of only companies you can’t not use — Kellog’s, General Mills, Kraft, P&G.”

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