Cramer Quick Take: Bernanke Is In A Tough Spot

NEW YORK (TheStreet) -- Everyone wants to focus on the Federal Reserve, but in the end it's just not that important, Jim Cramer told Lindsey Bell at TheStreet.com Thursday. He said the Fed is in a tough spot at the moment, as nothing it can do will be enough.

Cramer said what the country needs is hiring and the Federal Reserve can't control hiring. Nor can it force banks to loan money. That's why Cramer chooses to focus on corporate earnings instead. Earnings create dividends and dividends are income for people at a time when bonds and Treasuries aren't.

Watch the full Cramer interview here.

--Written by Scott Rutt in Washington, D.C.

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To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.