Cramer said the government has the ability to hurt businesses more than any other entity. Such is the case with Obama's new credit card bill, he said, which limits the fees companies like Cramer favorite Capital One (COF) can charge cardholders.

There’s another big C on which Obama has trained his sights, and that’s carbon. If a business emits CO2 – think steelmakers, utilities and coal companies – it could be in trouble. The only reason Cramer didn’t recommend selling Arch Coal (ACI), Peabody Energy (BTU) and Massey Energy (MEE) is because Chinese demand is great enough to sustain them, even if Obama gets his cap-and-trade plan, which all but amounts to a carbon tax.

There’s another big C on which Obama has trained his sights, and that’s carbon. If a business emits CO2 – think steelmakers, utilities and coal companies – it could be in trouble. The only reason Cramer didn’t recommend selling Arch Coal (ACI), Peabody Energy (BTU) and Massey Energy (MEE) is because Chinese demand is great enough to sustain them, even if Obama gets his cap-and-trade plan, which all but amounts to a carbon tax.

There’s another big C on which Obama has trained his sights, and that’s carbon. If a business emits CO2 – think steelmakers, utilities and coal companies – it could be in trouble. The only reason Cramer didn’t recommend selling Arch Coal (ACI), Peabody Energy (BTU) and Massey Energy (MEE) is because Chinese demand is great enough to sustain them, even if Obama gets his cap-and-trade plan, which all but amounts to a carbon tax.

Cramer also advised against owning steelmakers that produce with coke, or the coal used to make steel. Better to switch out of US Steel (X) and into Nucor (NUE), which uses less coal in its production. The same goes for utilities that use oil or coal. Southern Company (SO), with its 71% concentration of fossil fuels, is a sell.

Cramer also advised against owning steelmakers that produce with coke, or the coal used to make steel. Better to switch out of US Steel (X) and into Nucor (NUE), which uses less coal in its production. The same goes for utilities that use oil or coal. Southern Company (SO), with its 71% concentration of fossil fuels, is a sell.

Cramer also advised against owning steelmakers that produce with coke, or the coal used to make steel. Better to switch out of US Steel (X) and into Nucor (NUE), which uses less coal in its production. The same goes for utilities that use oil or coal. Southern Company (SO), with its 71% concentration of fossil fuels, is a sell.

Obama's cost-cutting hopes put everyone from the drug firms to health-care companies to even biotech outfits in danger. The sector’s three Bs – Bard (BCR), Becton Dickinson (BDX) and Baxter (BAX), or any pharma or medical-device maker, for that matter – are all out of favor now.