Thursday, January 3, 2008

Larry Kudlow - Hypocrite

His Kudlowness says


The worst outcome in tomorrow’s Iowa caucuses for the stock market and economy would be victories by Mike Huckabee and John Edwards.Both are anti-business, anti-Wall Street, and anti-CEO. They would employ government regulation, and perhaps taxes, to work against free-market forces.

This is exactly the kind gibbersih that makes me hate this man as much as I do. He calls Edwards on the fact that he would with the free-market forces. OK fine.

But then Larry Kudlow cheers on when Bernake cuts interest rates with the sole purpose of helping THE MARKET. That is as much interference with free markets as anything Edwards or Huckabee would do. When Jorge W. Arbusto bails out idiot homeowners who bought too much house, he is interfering with the free market. Yet Kudlow is all over that like white on rice praising Arbusto for those actions. Or how about interfering with the market by making capital gains taxes at half the rate of interest, huh Larry? Is that not interfering with market forces?

Market interference is good when it helps him out but bad when it hurls him. A bigger hypocrite than this guy is hard to find.

2 comments:

Ron said...

I have written several e-mail to Larry Kudlow explaing to him in elaborate detail the reasons why I detest him. He reminds of FOX news's motto "Fair and Balanced". Does Larry Kudlow think that we are blind and stupid?.
I certainly believe that Mr. Kudlow is anything but fair and balanced and is one of the most flagrant manipulators of the markets as I have ever seen or heard. It's about time we hear from people who can tell us that
#1. WE ARE IN A RECESSION.
#2. WE ARE IN DEEP TROUBLE
#3. BAILING OUT THE RICH, GREEDY WRECKLESS AND STUPID WILL ONLY CREATE MORE OF A MESS.
#4.LOWERING INTEREST RATES ONLY PROVIDES MORE CHEAP MONEY TO THE ABOVE MENTIONED FOR THEM TO FURTHER SQUANDER, GAMBLE AND SPECULATE ON.
We are desperately in need of Change the theme of SOME in the 2008 election campaign.
I pray we get that change.

Ed said...

Blind and Stupid. I like that.