Here’s the details on Cramers thoughts on Obamas hit list.

I misquoted him above on one of the industries, replace “autos” with “utilities”.
Cramer: Sell Obama’s Corporate Enemies List

Obama is back at it again, Cramer said Thursday, and the market reacted accordingly, with the Dow losing 130 points and the S&P 500 slipping 15. The Mad Money host thinks that investors should take profits before the holiday weekend, as the president’s ire for certain businesses has gone from “rhetorical to actual.

So who’s on Obama’s corporate enemies list? Credit card companies, the coal industry, the steelmakers, the utilities and the drug companies, all of which he promised to take on during his election campaign. Cramer fully expects him to fulfill that promise, especially with Speaker of the House Nancy Pelosi onboard, and that’s bad news for all of the above-mentioned industries. Washington can do more damage than any competitor ever could.

“If you own [these] stocks,” Cramer said, “you better be worried.”

This will particularly hit retirees, who’s portfolio’s usually hold a large amount of utilities and energy stocks for safety and dividends.