Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Had the White House only asked Cramer, they might not be in such a mess.
Since the new Healthcare.gov website went live earlier in the month, it's been riddled with technical problems with the site even going offline from time to time.
Largely, the government has blamed the private contractors who built the website, one of which was Canada-based CGI Federal.
"I wouldn't have given this contract to a Canadian information technology company," Cramer said.
It's not that Cramer doesn't like the company, rather he sees it more as an issue of patriotism.
"Have some pride in our American companies for heaven's sake," said a frustrated Cramer.
Beyond that, Cramer believes the government didn't understand the fundamental issues behind the project.
"You see this was never an information technology initiative and it should never have been given to an information technology company," Cramer explained.
"It was a customer relations management project and if there's a real issue here with Sibelius and her crew it was not recognizing that this whole website was about the client, the citizen of the United States, and not the health care system at all."
Had Cramer been tasked with rolling out Heathcare.gov, he would have developed the following plan.
"I would have given this entire contract to Salesforce.com and told CEO Marc Benioff to make sure customers got all the help necessary to figure out how to choose the right plan, " Cramer explained.
From there, Cramer would have assembled an all-star team of American companies to drive the initiative. "I would have hired Google to answer queries, Apple to develop the app and Amazon to deliver – anything that needed to be delivered. "
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Alas, none of this happened.
"This should have been a moment for American companies to shine," Cramer said with regret in his voice. "Instead it's become a moment of frustration and struggle for American families."
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