Larry Kudlow, Asshat
What better way to celebrate the 4th of July than giving “Larry of America” an Asshat award?
I like Larry. I really do.
If he and I were friends, I’d probably drink a few bottles of whiskey with him, then challenge him to a game of knuckle punching.
However, this man is out of control. A regular lunatic he is.
Look, the country is fucked. Okay? Quit fucking around, telling people shit is good, when 3/4th’s of American industry is distressed.
As you know by now, Larry likes to play games on the television. He invites a cast of ridiculous permabulls to his show, then proceeds to have circle jerks with them, talking about bullish shit—while dismissing the negatives as “nonsense.”
What this sick bastard does next is reprehensible. He invites reasonable people to join him for a discussion about the economy, like Barry; then he proceeds to attack that one guy for being a “doom and gloomer,” with the rest of his circle jerk panel echoing his sentiments.
A real sick bastard, that Kudlow is. Sicko!
Ironically, Larry believes he is “doing right” by the American people, via offering optimistic jargon. However, in reality, he is nothing more than a propagandist for the fucktards who made this mess. My guess, Larry’s stupefied rants have resulted in an increase in the foreclosure rate, due to loyal viewers blindly buying stocks, no matter what, on his advice.
For that, Mr. Larry of America, you get an Asshat award.
Happy 4th, fuckers.
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Couldn’t have picked a better winner. That fucker makes me want to take a sledgehammer to my 50″ plasma.
Well deserved.
Happy 4th yourself oh greatone.
Hope everyone has a safe and fun 3 day weekend.
Thank a Veteran for the freedoms you enjoy.
He’s a puppet and CNBC is his puppet master.
Dennis Kneale is his apprentice.
The question is, who is CNBC’s puppet master?
Don’t worry the Art Vandelay bottom is in! Goldilocks has arrived!
And don’t you start talking or else I will cut you the fuck off and call your logical statements nonsense, pricks.
Where’d I leave my coke and hooker?
way to work Granpa. except for the safe part, I intend to act in an egregiously unsafe fashion. Give it up for the vets, if you see one, buy ’em a drink and shake their hand.
The best path to prosperity is to turn that fucker off.
Happy 4th!
Have a safe one 🙂
Happy Birthday America. Party on.
A) stocks for the long run!
– or –
B) .45 to my own head
i’ll take B every time
I will certainly drink one to James Monroe tonight.
If you declare Larry Fuckhole the winner, I nominate the prize. Personally, I will take his glasses and put them into a pitching machine for the college squad here. Then I will wipe my ass with his pate. Loudmouthed crapbag, talking about rara America while having every free trade, job outsourcing traitor yapping bullshit on the show. Fuck the whole lot of these fuckfaces.
weirdo jay:
The Asshats who pay his salary are even more eligible for this award. GE and CEO Jeff Immelt.
It is accepted gospel that CNBS employees are FORBIDDEN from speaking anything negative about the economy. Apparently, bad news will turn viewers away and lower ad revenue.
Fucktards.
Oh yeah, Happy 4th.
Happy 4th Fly…
Go blow something up…!
Egregiously righteously awarded.
Here’s hoping Kudlow celebrates this “win” with a six pack of single malt and a Goldschlager-crystal-meth chaser behind the wheel of Jeff Zucker’s spinner-rimmed s600 on the way to Cramer’s house for a tag team game of the old “in-out” with “The Trading Goddess”/now ex-Mrs. MiniMe.
A Kudlow-delivered pox on all their houses.
God bless what’s left of America and have a fine 4th, bitches.
And double down on that drink with a vet.
He’s a puppet and CNBC is his puppet master.
Dennis Kneale is his apprentice.
The question is, who is CNBC’s puppet master?
Jack Welch, who looks like he’s insinuated himself into the very broadcasts of the network in order to save his GE position.
You could have experience with worse things than seeing a billion melt off your net worth, I guess.
For the record, I think Larry is doing damage with his permabullshit, but I also think “he knows not what he does.”
Lou Ruckeyser, God rest him, would be spouting the same bullshit right now were he still alive (he died in 2006), and guess what? It worked for his forty years on the air, and I don’t think there was a more credible TV finance guy before or since.
I just think Kudlow doesn’t realize this next forty’s going to be a tad different.
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In fact, Kudlow’s next forty will likely bea “forty,” or, more egregiously… a .40.
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Kudlow. I liked him better when he was drinking.
Fuck yeah, Mr. Fly.
Happy 4th.
-DT
Nothing new – Kudlow is Council on Foreign Relations (CFR)
ROCKEFELLER TRASH
Fly,
You went way too easy on Wall Street’s biggest shill.
Frankly, I think you could use some bitch-slap lessons from Gordon Ramsay.
Not that I don’t like “the raps” with lots o’ cussin’ and all, but… I figured this might be a bit more… thematic…
Krudblow is so ugly his mama had to tie a steak around his neck so the dog would play with him.
And speak of the devil, here’s a mash-up version for the “Raps” audience (VI made tolerable?):
“What this sick bastard does next is reprehensible. He invites reasonable people to join him for a discussion about the economy, like Barry; then he proceeds to attack that one guy for being a “doom and gloomer,” with the rest of his circle jerk panel echoing his sentiments.”
Sounds like he learned that game from Optimus Fucktart Prime, a.k.a. Bill O’Reilly. Hey, I used to be upset all the time but eventually stopped complaining. In the end somebody’s gotta pay for all my shorts. My damn account is up 90% within 4 week. I used to complain and bitch and hope for people to wake up and go out there to change our country back. Now, I decided to hit them where it hurts – in their pocketbooks. Perhaps that’ll get their attention and make a better decision come November.
He’s gay, too.
“Mole”is one cool, kick-ass rebel.
But sad now, as a comrade in arms has died, this day.
(A moment of silence, please)
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“The Fly’s” iBC is the site non parallel for sure.
But all this guy does is make sense, all day, every day.
I consider Gary my Macroeconomics class, whilst Fly teaches Micro.
You must have both.
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Anonymously, I would like to thank everyone for the honor and I will accept this award with the utmost of gratitude. I will send Goldilocks to excise your balls at next opportunity as my sign of appreciation. In the meantime, have a Happy 4th.
What do you mean, the omnipotent Kudlow got something wrong? What????? The same guy who told us that “$55 Oil won’t last”????? I don’t get it, why is he an asshat?
http://www.nationalreview.com/script/printpage.p?ref=/kudlow/kudlow200503111239.asp
March 11, 2005, 12:39 p.m.
$55 Oil Won’t Last
More production and less speculation will mean lower barrel prices ahead.
When I put a $55 barrel of oil on the table and look at it from all angles, there’s no way the current price can be justified. As a free-market disciple, I am compelled to accept the market’s verdict: $55 a barrel. But that doesn’t mean it’s going to last.
Today’s oil episode is demand-driven, quite unlike the supply shocks of 25 years ago. Back then, OPEC withheld oil because they disagreed with the U.S. policy-tilt towards Israel. Additionally, under Presidents Ford and Carter, U.S. energy policy generated strict price controls and supply allocations, a most bizarre policy combination that kept oil from those population centers most in need of it.
Oil is certainly flowing today, but at much higher prices. In fact, in real inflation-adjusted terms, today’s oil price is the highest since 1983. To a certain extent, we owe this to a favorable development: the global spread of market capitalism in emerging economies such as China, India, and Eastern Europe. At the margin, the increasing oil demands of these countries have undoubtedly boosted the barrel price.
It is instructive to note how much higher oil prices have jumped in comparison to other commodities. From the 2001 low, oil has increased 214 percent. Over the same period, an index of metals — equally in demand from the emerging economies — has risen 122 percent. Seemingly along for the ride, gold prices have increased 73 percent. Meanwhile, the S&P 500 stock index has rallied 55 percent from its late 2002 low point while the broader Wilshire 5000 has gained 62 percent.
The fact that oil has increased so much more than these commodity and financial-asset prices is important. It suggests that the oil sector is way out of line. Increased China demand cannot alone explain it — over-speculation is also a culprit.
It is rumored that hedge funds have used low interest rates to leverage and borrow for the purchase of oil market contracts. Big oil companies may also be speculating on higher future oil prices, with or without leveraged borrowing. It may also be that tanker companies have slowed down their deliveries as they wait for still higher prices.
Fortunately, the U.S. economy is much less susceptible nowadays to the tax-hike impact of higher oil prices. Numerous studies have shown that greater efficiencies in oil and energy usage have lowered our vulnerability to energy shocks by roughly 50 percent in relation to 25 years ago. Rather than stagflating, today’s economy is quite healthy.
So, what to do?
Ultimately, the answer to high oil prices is a lot more production. That’s exactly what the Bush administration intends to do. New Energy Secretary Sam Bodman has been put in place to implement Bush policies for greater nuclear energy use, increased use of clean coal, the development of a free-trade national electricity grid, and the foreign coordination of liquid natural gas. Also in the policy mix is new oil and gas drilling in the Arctic National Wildlife Refuge (ANWR).
Is Bodman the right man for this job? Absolutely. Bodman, a chemical engineering scientist who has taught at MIT, was the chief operating officer of the super-sized Fidelity mutual fund company and is a former venture capitalist. This is a guy who will quietly manage the U.S. effort to break out of the current OPEC-reliant paradigm and shift to the development of multiple new energy sources.
We’re already seeing signs of progress. The Excelon utility company has just received an early site permit for nuclear power, and Duke Power has nearly completed its combined operating license permit, which includes a pre-approved reactor design.
Meanwhile, there’s still a lot of oil out there. Hard Green author Peter Huber has suggested that there are 3 trillion barrels of oil buried in Venezuela and Alberta, Canada. Washington policy analyst James Lucier also notes that individual states are taking matters into their own hands by exercising states’ rights to drill on the outer continental shelf. In Virginia, Democratic governor Mark Warner is expected to sign an OCS drilling bill from his legislature to do exactly that.
The key point is to let markets work. Free-market pricing will best allocate the shifts in both demand and supply. Spiking energy prices will reduce consumption. They will also attract capital investment leading to much greater production. That is, if government policies allow markets to work.
In the meantime, small investors thinking about jumping on the gravy train of higher oil prices should beware. Bubbles happen. And a major oil bubble could be on the verge of bursting.
— Larry Kudlow, NRO’s Economics Editor, is host of CNBC’s Kudlow & Company and author of the daily web blog, Kudlow’s Money Politic$.
Best deal in town- Off to see the Rays play KC Royals later this PM. The tickets (with the AAA discount-upper deck infield) were $7.50 each, parking is free, and it’s $1.00 hot dog day. Of course, gas from Orlando to St. Pete. is another story.
I couldn’t of said that any better. I think they pay him to have those attitudes. One cannot possibly be so naive.
Honestly now, who the fuck listens to any of these dick weeds on T.V. Who really logons on to Scottrade and pulls the trigger based on what these guys (Kudlow, Cramer, Fast Money crew, etc…) say. Those that do…fuck you, you’re stupid, uniformed and better off buying lottery tickets.
This game, yes game, is fucking tough. The only diffence between trading stocks and a fucking casino is there aren’t any waitresses with big tits offering free drinks. So Kudlow and his like should just as well ponder the benefits of picking red or black.
All that said…good choice FLY, although you could have just given a group award to all the fuckwits with 6-7 figure salaries, with no skin in the game who give advice they wouldn’t take themselves with a gun to their head.
Ok, I feel better. Happy 4th and beyond. Off to eat some seriously good BBQ (home cooked), drink more, and finally blow some shit up!
!!!!!
i can’t believe how many people trade off of the cnbc talking heads. if you keep your trading app open while a show like kudlow’s, fast money, or cramer, etc., is on, you can see trades going off within seconds. it’s always 100 shares of this or that. you do have to admire their persistent ignorance. even cramer will stand there and say, ‘i think XYZ is amazing, but don’t buy it for 5 days,’ and you still see the trades tick through within half a minute.
Obama has changed his mind about promising to bring the troops home from Iraq within 16 months of being elected.
Now he wants to “study” the implications and visit the area this summer to determine the right course of action.
Bottom line, all the candidates are the same ….same crap, different toilet.
Sigh. Another victim of media idiocy. Obama still intends to bring all the troops home within 16 months.
http://www.youtube.com/watch?v=YuBLRP-vH08
What he’s leaving room for, is the possibility that he instructs the military to do it in 16 months, but the military planners (or events in Iraq) convince him that a different schedule would be wiser.
There’s the strategy/policy, set by the commander in chief, and there is the execution, which is rightly left in the hands of those who do it as a profession.
The “all the candidates are the same” line is nonsense. If you believe we should stick it out in Iraq, you’d better vote for McCain. If you believe we should exit Iraq quickly, you’d better vote for Obama. If you can’t see a difference between the candidates on this issue, I’m worried about you.
Thanks ottnott for the clarification. However, he is talking/playing the political game by pandering and trying to garner votes from those he may have alienated with his previous hardline withdrawal stance on Iraq.
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different subject: FLY – why don’t you get your blog as a source for this news feed? Its quite useful as an aggregate of information.
http://www.newsflashr.com/feeds/business_blogs.html
🙂
Well deserved. He has misled a lot of people, and continues to do so. I feel bad for those that listen to him.
CNBC did manage to have Peter Schiff on their show a few mornings ago… http://www.europac.net/Schiff-CNBC-7-1-08_lg.asp
http://news.cnet.com/2300-13576_3-6242851-1.html?tag=nefd.lede
I though y’all might like to see inside Gibson Guitar’s Custom Shop. A friend of mine is the GM and its a Nashville institution.
Obama is an empty suit. People talk about Bush being a cipher for “Cheney, and the black hats.” Well Obama has an even more nefarious set of elements behind him.
Of course he’s not going to set a hard deadline to get out of Iraq. That would be idiocy. All one has to do is revisit the Dem Congress’s blood streaked disaster in abandoning S. Viet Nam back in the seventies — an area far less strategically important — to realize they do not want to risk a similar bloodbath in the ME.
No, I’m not worried about foreign policy. It’s nationalization of entire industries (starting w. health care) that gives me the willies.
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