Jim Cramer told viewers on Thursday’s “Mad Money” TV show that if we are ever going to see a market rally that will last we need dramatic action. Cramer said he wants to keep the rally alive and that means the U.S. must take steps to avoid another “Great Depression.” He explained that the systemic risks to the market have now put the possibility of another 1932 situation back on the table. Cramer outlined a eight-point plan that he says must be enacted to avoid a “Great Depression.” First, Obama must announced that the federal government will not allow any more big financial companies to fail. Second, we must not allow the life insurance and annuities companies to fail. Third, the government must issues tax credits for home purchases by reinstalling the TARP plan with policies that don’t penalize the banks for taking aid. Fourth, the government must back the bonds of Fannie Mae (FNM) and Freddie Mac (FRE) so those companies can continue to lend. Fifth, the government should provide a floor for some of the collateralized debt obligations (CDOs). Sixth, the government should step up and save some of the troubled auto companies that file for bankruptcy and provide them with financing. Seventh, we must initiate a trillion-dollar infrastructure program in the U.S. to rebuild the country and create new jobs. Finally, the U.S. must get China and Europe to cut interest rates to 2% to avoid a worldwide depression. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!