well if this occurred in nov 2006 luskin was actually correct in his prediction things would go up in the first part of 2007; its just taht shilling was more correct in the long term.
Kudlow/ Luskin really sounds like republican waterboys. Looks like Shilling was way ahead of his time. I wonder if he's related to Shilling @ Yale. I remember all the R/E speculators laughing at professor Shilling on CSPAN. I know they are not laughing now. I wonder how *Trend Micro* is doing now? Nice mess the lying rugs party passed on to Obama-worst crisis since 1929. Obama is in over his head just like any president would be. He's probably saying, WTF did I do to deserve this?
The big stock market declines of September and October were primarily due to the dawning realization that we would have a socialist president and a socialist Congress. This was the pin that popped the bubble. The bubble was created by Fed in the late 1990s and 2000s.
The market goes down by another 30% in 09, as those remaining in equities realize that we have a socialist Federal government (with CO2 tax, union card check, socialized healthcare and increasing taxes generally).
Hey danger, the guy at Yale is Robert Shiller & he doesn't appear on Kudlow b/c he's a serious person who spends his time being right. Shiller was right in 2000 when he wrote Irrational Exuberance and he was right in 2005 about the housing bubble and the Shiller Index. I saw the program on CNBC about R/E & I remember how all the speculators laughed at him when he said their bubble would burst and their 20 homes would go w/o buyers.
Kudlow's show is a throw back to the 1950's when Larry was growing up and people had to take loyalty oaths. Of coarse, right wingers like Kudlow controlled the political dialogue and people like Luskin had total control. To say the country, educationally & culturally, is are still 50 yrs behind isn't saying anything. The 1950's led to the 60's, 70's, 80's. I asked a young guy who his favorite politician is-his answer was Richard Nixon. His real answer was I don't read and I could care less
well if this occurred in nov 2006 luskin was actually correct in his prediction things would go up in the first part of 2007; its just taht shilling was more correct in the long term.
pimpjuicehere 1 year ago
I hope Luskin dies...after he buries his kids!
riddler03 2 years ago
danger0usknowledge 3 years ago 2
The big stock market declines of September and October were primarily due to the dawning realization that we would have a socialist president and a socialist Congress. This was the pin that popped the bubble. The bubble was created by Fed in the late 1990s and 2000s.
The market goes down by another 30% in 09, as those remaining in equities realize that we have a socialist Federal government (with CO2 tax, union card check, socialized healthcare and increasing taxes generally).
sgpnc 3 years ago
Of course Gearge Butch is not in any way
socialist for the rich but a little
hesitant about middle class home
buyers. So at least you're right about
the Fed but what kind of bubble do
you live in that allows you to say
that de facto President Cheney isn't
socialist when his base is threatened?
I have the feeling you're baiting
with willful ignorance.
danger0usknowledge 3 years ago
danger0usknowledge 3 years ago
Shiller appeared on CNBC not cspan and this
crisis is more comparable to 1873 not 29.
danger0usknowledge 3 years ago
danger0usknowledge 3 years ago
Kudlow is a perma bull that's his problem.
pismo10 3 years ago