tag:blogger.com,1999:blog-7871003.post5360920045101921443..comments2023-11-03T04:39:50.760-05:00Comments on Galley Slaves: About That Financial Crisis . . .Jonathan V. Lasthttp://www.blogger.com/profile/17426165197358366129noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7871003.post-51557519047131492232008-09-30T11:32:00.000-05:002008-09-30T11:32:00.000-05:00Fair enough and funny. If your innards don't squir...Fair enough and funny. If your innards don't squirm a little bit looking at the jacket thumbnails, you're not paying attention.<BR/><BR/>But it occurs to me that Gloom-and-Doom books outsell Bullish books by a healthy margin. Dow 36,000 is Glassman's personal albatross (Do you get wafers with that, Mister Coleridge?) It's been the butt of many a joke. And, when your bold prediction fails spectacularly, you deserve it. Back to the "But" part, I never see the Bears on CNBC when the DJIA crests new highs. "Mister Schilling, in your best-seller, 'We're All Totally F$%^ed Now.' you promised bank failures in 2006 -- what do you have to say for yourself, four eyes?"<BR/><BR/>We have a bias toward pessimism and cynicism -- which are a lot easier to predict. Long term, I have to throw my lot in with Kudlow. Free market capitalism will prevail even against the shackles we encumber it with. Human spirit and creativity will prevail. I'd be a buyer right now.<BR/><BR/>If I had any money.<BR/><BR/>Or if I could get a loan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7871003.post-90404402664542102752008-09-26T09:40:00.000-05:002008-09-26T09:40:00.000-05:00I agree with Anonymous. No matter what, the market...I agree with Anonymous. No matter what, the market is definitionally right. If you don't like the market, it is because you hate America! <BR/><BR/>WHY WON'T YOU CELEBRATE THE OWNERSHIP SOCIETY, LAST? DON'T YOU KNOW THAT GEORGE W. BUSH GOT THE HOME OWNERSHIP RATE UP OVER 69%? IT WAS ONE OF THE MANY GREAT TRIUMPHS OF THIS ADMINISTRATION!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7871003.post-51453919569435956882008-09-23T22:32:00.000-05:002008-09-23T22:32:00.000-05:00we get it, JVL...you are very, very smart...you sa...we get it, JVL...you are very, very smart...you saw this coming a long time ago...now please let your vendetta against housing go...Anonymousnoreply@blogger.com