FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- What Happened to Cypress Semi?
- Lightning Round: Raytheon, Salesforce.com, Pepsi and More
- Lightning Round OT: Apache, Brocade, Allergan and More
- Cramer Goes One-on-One With Costco CEO
- Cramer: The Real Reason Stocks Fell Thursday
- Cramer: Investors, Don’t Do This
- On Thursday's Mad Money: Costco & Cypress Semi CEOs
- Lightning Round: Toyota, Ford, Colgate-Palmolive and More
- Lightning Round OT: Hudson City Bancorp, Duke Energy and More
- Is This the Next 3Com?
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
Toll Brothers Chairman and CEO Robert Toll and Jim Cramer agree on one important point: that home prices are at the center of America’s economic woes.
Forget about the credit crisis. Forget about the mortgage markets. Fix home prices first, then focus on these other problems.
So what’s the solution? Toll, in an interview with Cramer Tuesday, suggested a plan similar to one President Gerald Ford put in motion back in 1975. Ford offered homebuyers a tax credit as long as they acted before the end of the year.
“The market took off,” Toll said. If President George W. Bush employed the same strategy now, “there’s a good chance that could jumpstart the market and we could get out of the mire that we’re in.”
Of course, a little consolidation in the homebuilding industry couldn’t hurt, either, Cramer pointed out. That might curb the building, reduce supply and maybe bring a bottom to this market. When asked whether Toll [TOL
Loading...
()
] would buy a company like Centex [CTX
Loading...
()
], KB Home [KBH
Loading...
()
] or Standard Pacific [SPF
Loading...
()
], the CEO wouldn’t rule it out, telling Cramer, “You might have a good idea.”
Toll did say that some markets, such as Naples, are starting to improve. Apparently, homes there couldn’t be given away just a year ago, but now prices are “up a little bit.” As to whether Naples’ good news is a precursor for the rest of the market, Toll said, “I wouldn’t bet on that just yet.”
And that, too, is Cramer’s outlook on housing for the near term: “Not yet.” It’s still too early to make a move on this sector, he said.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes