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On tonight’s MAD MONEY on CNBC, Jim Cramer said he believes that the market is going to go higher and is on its way to his 14,548 DJIA target, give or take a couple hundred points.  Cramer believes that Union-busting is taking place after the UAW gave in against General Motors recently.

Cramer wants to see how to profit off of the declining unions in business.  Ford (NYSE:F) is where Cramer thinks the unions will lose out in favor of business next, and they are even more leveraged to a change in pay scales.  If GM got a great deal, he thinks that Ford can get a great deal too.  Cramer thinks that since Ford is lower than when the GM-UAW deal was announced that you can buy this stock since they will all have far lower medical insurance and benefit costs.  Cramer also noted that Mulully took on the Boeing unions before and won.  This could make the Rover, Volvo, and Jaguar units jump to massively higher sales prices.  Shares of Ford rose 2.4% in after-hours trading after a 3% drop today.

American Axle & Manufacturing (NYSE:AXL) should see the same sort of win that GM saw since its UAW contract comes up for renewal in early 2008.  This one may benefit even more than GM and could see major gains as a result of new labor pacts.  This one only has a $1.35 Billion market cap and Cramer thinks it could see significant earnings upside in 2008.

In a call-in, Cramer said he cannot recommend Tata Motors (NYSE:TTM) ADR’s since it has run 30%, and he definitely does not want to see Tata be the acquirer of Rover and/or Jaguar from Ford.  You can bet that luxury car buyers don’t want that either.

Other significant previous Cramer calls worth noting:

• Cramer’s TOP 9 Picks For 2007;
• Cramer’s recent buyout picks in Canadian Oil Trusts;
• Cramer’s TOP CHINA PICKS;
• Cramer’s stock picks on the weak dollar;
• Cramer’s "New Four Horsemen of tech";
• Cramer recently called the market "Open Buying Season" in the market.

Jon C. Ogg
October 1, 2007