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Cramer Calls on Obama, Bernanke to Act
01 Jun 2012 EDT - CNBC.com
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Meanwhile, Cramer wants either Obama or Bernanke to give Chinese leaders a call, too. Given 20 percent of all China’s goods are sold in Europe, Cramer thinks it’s time the Chinese government “steps up the plate” and helps fund Europe’s turnaround.

After oil prices fell on Friday to their lowest since October 2011, Cramer wants President Obama to get the leaders of responsible OPEC nations on the phone. OPEC member countries made a lot of money off the run in oil that’s now ending, Cramer said, so these countries should help get Europe back on track, too.

If Obama or Bernanke don’t make these calls by Sunday, Cramer fears U.S. markets could continue to fall next week.

Read on for Cramer’s Housing Rebound Plays

Call Cramer: 1-800-743-CNBC

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