September 20, 2009
– Comments (2)
Big Picture has a great write up on that book, "Dow 36,000."
I could not help but laugh at quite a bit of it.
Love this comment:
Perhaps even more astonishing is that these two authors continue to work in fields that rely on their judgment and analytical abilities:
Glassman served in the Bush administration as undersecretary of state for public diplomacy, “leading U.S. efforts against terrorist ideologies.” (That ought to help you sleep at night).
And Hassett still dispenses money-losing advice at Bloomberg.com, where his political views tinge everything he writes with a sublime absurdity. Hassett is currently director of economic policy studies at AEI, so you can pretty much toss out anything those guys say about the economy.
Hassett was also John McCain’s chief economic adviser in the 2000 presidential primaries, and subsequently served as an economic adviser to the 2004 Bush campaign, and to the 2008 McCain campaign. (Perhaps this helps to explain Bush’s economic performance).
Yeah, that sounds about right. HAHAHAHAHAHHAHHAHAHAHAHHAHAHHAH!!!!!!
David in Qatar
What a laugh. Reminds me of an article from Time Magazine (I think?) in the late 90s that was entitled, "When the Dow reach 1,000,000?" Priceless.