More Kudlow

Looks like i'm not the only one stupefied by his stupidity. Kudlow and his ilk are pathologically incapable of questioning their assumptions, assumptions they hold on faith, like religion.

Bush's tax cuts have directly contributed to our massive deficits. Republicans pay lip service to cutting spending but they never do it. It's just rhetoric to rationalize their looting of the treasury. They never cut spending. They only cut taxes.

That means deficits. That means a weaker dollar, higher oil, and a lot of what is dragging us down today.

The S&P is lower now than when supply-sider tax-cutter George Bush took office. The economy has underperformed in almost every measurable way during the Bush presidency.

How do people like Larry Kudlow explain this? They can't. All they can do is call for more tax cuts and inexplicably utter the word "Goldilocks."

It's laughably absurd. Unfortunately, it's also, to some extent, conventional wisdom...

Mr. Motes

Shit Piss Fuck Cunt Motherfucker Cocksucker and Tits...

George Carlin dead.

Finally: The Stock Market and Interest Rates Explained

Found this here. It's brilliant, and dead on...

Mr. Motes

Busted!

In this AP story, Colbert admits he's a fraud, that among other things, there is no Esteban Colberto, it's really just Stephen in disguise.

Another sly comment came during the writers strike, when Comedy Central's parent company, Viacom Inc., pushed "The Daily Show" and "The Report" back into production without writers. Colbert, desperate for material, rebroadcast an interview with CNN pundit Lou Dobbs, renown for his tough stance on immigration.

Dobbs' segment aired exactly as it had months earlier, but Colbert's side was redone with him dressed as "Estaban Colberto," a Spanish-speaking, mustachioed alter-ego (yes, alter-egos can have their own alter-egos). Estaban arrived at the interview by creeping under a chicken-wire fence.

Watch for yourself:




Wait till Comedy Central finds out. Colbert, aka Colberto, probably double billed them...

Mr. Motes

The Message of the Markets

I've become fascinated with Larry Kudlow lately. How can anyone be such an idiot? Don't take my word for it, read his blog.

His latest thing is this:

Last night on Kudlow & Company we discussed the theory suggesting the stock market sold off a hundred points earlier in the day -- despite Fed head Ben Bernanke's bullish King Dollar statement -- because of the AP headline announcing Obama's impending nomination.

Under Ronald Reagan, the S&P 500 roughly doubled. Under Clinton it quadrupled. Stunningly, the S&P 500 has done nothing during these long Bush years.

Yet the market is telling us it doesn't want fiscal sanity? It fears Obama will undue all this substandard economic performance we've experienced under Bush?

I'm left to wonder whether Larry Kudlow is a fool or a lying hack, a run of the mill propagandist for tax cuts...

I've got my money on all of the above.

Mr. Motes

It's 1996 All Over Again

I've been saying John McCain looks a lot like Bob Dole from 1996 and last night was no exception. Everyone is talking about this video highlighting just how bad McCain looked giving his speech in New Orleans, especially compared to Obama.

Bob Dole's rebuttal to Bill Clinton's 1996 State of the Union was equally brutal in comparison.

I don't think things are going to work out any better for John McCain than they did for Bob Dole.

Mr. Motes