Thursday, September 04, 2008

$upply $nide

God help me, I don't know how Wolcott can stand to watch Kudlow, or any actor on the financial infotainment networks. (Incidentally, am I the only one who imagines that Kudlow is pinstriped even without his suit?) A man with the voice of an alien and the temperment of a homeless streetcorner reverend, Kudlow has never once been right about anything, except insofar as it is true that good cocaine can be totally fun. As with many so-called supply-side conservatives, he proposes that "market forces" determine imponderable business happenstances that are manifestly unrelated to any function of or input from the market, i.e. executive compensation. As with his free-market brethren, he spent the formative years of his career suckling at the public teat, working for the New York Fed and in various political offices before parachuting into Bear Stearns, where he did nothing of note but raid his own retirement account in order to buy blow. He became a Catholic while continuing to despise the poor, which seems about par for the apostolic course, and now he appears on TV to assure us that the market in which utter and absolute wisdom he believes is a schizophrenic paranoid that ducks and runs in terror at the slightest utterance from this or that politician. This strikes me as the best, funniest characteristic of our soi-disant capitalists. Like all human gods, the oceanic intelligence of their deity, when examined on the merits imputed to it by its worshippers, appears to be petty, vengeful, mercurial, and a little bit retarded.

12 comments:

Ashley said...

You are fun this week but stop asking me to marry you via Twitter. It's absurd.

Anonymous said...

Usually I think that there is no topic that you can't make fun to read about, and then you go and spoil it all by talking about economics. Fuuuuuck me, there is no more boring topic in all of Christendom (and otherwise) than the discussion of economics. I'd rather talk about municipal zoning laws for hours on end then ever read the words "supply side" or "input from the market" eeeeever again. I'm gonna go dig up Adam Smith and kick the shit out of him.

Son of Spam said...

Hey! Don't be mean to retards. They've got enough trouble without being compared to Kudlow.

His Goldilocks economy stuff is pure gold.

Crusader AXE said...

As the late. much lamented Phil Ochs said of his "cinematic song
"The Ringing of Revolution,"
--All of the people outside (the mansion where the doomed Aristos are partying away)physically resemble Lee Marvin; all the people inside (i.e.,the partying Aristos) spiritually resemble Charles Laughton.

Thinking of Kudlow, Ben Stein, Phil Graham, Allan Greenspan et al, the Aristo-economist-types now both physically and spiritually resemble the weaker members of Sauron's Army.

It's because economics is so boring that we need to pay attention to what these dweebs are doing. Seriously, at times I am amazed at little people pay attention to things that can ruin their lives and aren't fun. If you want to drink, smoke, fuck, eat or whatever yourself to death -- can't blog oneself to death, because by definition, those of us involved in this have no discernible lives -- that's ok.

Aaron said...

Don't like my market-god? Talk to the invisible hand.

(I do find it fascinating that in every society there is a such a close correspondence between the sacrament and the leading commodity. In 300 BC Judea, it was cattle and goats. In Rome and Byzantium, it was the same bread whose dole basically held the empire together. In Venice, as in Egypt, it was Indian spices. And in good old 21st century Amerca, it's the wire transfer: invisible, intangible, ultimately immaterial. That's some hand, my friends. The hand of God.

CSTAR said...

Raid his own retirement account? No such luck.

I don't know where you keep your money, but these free-market dudes are raiding my retirement account. Every day what's left in them buys less and less.

Hopefully, by the time I retire I can still afford a thatched hut somewhere in Central America.

Dunc said...

The whole point of The Market is that it doesn't have intelligence. If you're going to compare it to a God, then the one you want is Azathoth, not Yahweh.

IOZ said...

Dear cstar,

Follow links.

Love,
IOZ

mds said...

appears to be petty, vengeful, mercurial, and a little bit retarded.

Enough with the personal attacks on Sarah Palin, please.

MandT said...

Doesn't AA say that GOD spells grandiose off-hand delusion?

Lucas Elam said...

"Goldilocks economy"

the economy is a fairy tale to be sure. but it's Rumpelstilzchen.

Anonymous said...

Kudlow was better when he fueled by 'caine.