Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, June 17, 2009

Hypocracy watch

So... Today Larry Kudlow was on talking about how the fed as a regulator failed..

and how the Loose money caused all of this....

and yet... last Spring....

I remember Kudlow arguing that the problem in this recession... was that the Fed was TOO TIGHT!!! he and that dipshit fat guy with the grey hair... drooling about how the problem was Tight money... Jerry something?

Nice Revisionist history.. .Thank god Kudlow is not in public service anymore.

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