Jim Cramer: I Am Naming Names Of Congress Members Opposing The Sirius Merger
CNBC’s Jim Cramer went on Jimmy Kimmel’s show last night and spoke on his recent campaign against members of Congress who are dragging their feet on the Sirius-XM merger. Cramer argues that the National Association of Broadcasters, the terrestrial radio lobby, is doing all that it can to prevent competition from satellite radio. The list, thus far, is bipartisan. From CNBC:
”Of the House Democrats, Cramer found out that Gene Green of Texas took $10,000 from NAB this cycle and another $6,000 in the 2006 cycle. Louise Slaughter from New York took a grand and put her name on the letter. South Carolina’s John Spratt got $2,000 from NAB this cycle and another $6,000 in 2006.
”On the Republican side there is Missouri’s Roy Blunt, the minority whip who got $5,000 from NAB in 2006 and Tom Cole of Arizona who has taken $2,500 this cycle and took another thousand last cycle.”
Cramer notes that Congress has thus far spent more time deciding on the XM-Sirius merger than the Exxon-Mobil deal.
(image via dallasnews)
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