Larry Kudlow now on COVID-19... Jesus

[Mike 03]

He sounds exactly like that character in EVERY disaster movie you've ever seen, the one that doesn't fully appreciate how serious the situation is and wants to control the message to keep the party going.

Remember the Mayor in JAWS? "We're not shutting down the beach on July 4th because of a fish."

Remember William Holden, the builder throwing a huge bash on the top floor of THE TOWERING INFERNO? "The fire is twenty floors beneath us, now have some champagne and enjoy the panoramic view."

Remember the officials in THE DAY AFTER TOMORROW telling Dennis Quaid there's "nothing to worry about"?

Kudlow: "North American auto production is just fine... We need to settle down... On the whole, we don't see any evidence of supply side disruptions... To be honest with you, at the moment, I don't see much.. It looks okay, and ordinary families should take comfort..."

[HAB911]

1. Kudlow

is a FOX expert on absolutely NOTHING. TOO FUNNY

[grantcart]

17. Well he was a major cocaine addict so he is an expert on that.

[HAB911]

34. that I do not remember

but does not surprise me

[grantcart]

42. Here you go. Give him credit for being honest about it - major coke head for 10 years

https://www.theguardian.com/money/2000/nov/29/workandcareers.madeleinebunting

[Wounded Bear]

2. Nothing to see here! Just go about your business...

[Maeve]

3. My money is safe; everything is fine!

Did I say my money? YOUR money, that's it...your money is safe!

[gratuitous]

4. Kudlow and Mnuchin, newly anointed public health wizards

Trump's priority is clearly not public health, but financial.

[Jarqui]

30. which significantly impacts his ability to get reelected

The one thing he had going for him was the momentum from the Obama economy.
40% of the stock wealth gained on his watch just got gobbled up by the coronavirus scare .. and it is still falling.

With the regulations he's stripped away, that may well cascade into full blown recession/depression. Banks are probably scrambling to call their loans. Those who were leveraged beyond their means won't be able to pay.

With the trillion dollar deficit Trump is already running, recovery stimulus may be much harder to come by. Even if it does appear, it is in the hands of idiots who will want to earmark dough for his stupid wall.

So he and we are in a pretty grim situation.

[gibraltar72]

5. American families

should take comfort in fact Krudlow has always been wrong about everything.

[dalton99a]

6. Chinese materials and components go into many products regardless of location of assembly

Fucking idiot

[mobeau69]

7. Remember Larry Kudlow when the first signs of the sub-prime mortgage crisis appeared?

Overblown by the media. Limited to a few lenders. Very small percentage of the mortgages they were holding.

And a few months later Lehman Brothers was gone.


He's an ass clown working for the head ass clown.

[SWBTATTReg]

20. Thanks for the reminder. I do recall this pompous ass kudlow and why I didn't like him...this ...

was one of the reasons why (the subprime crisis)...idiot pretends that he knows it all. No wonder rump liked him...he's got a mouth that won't stop and I simply can't stand him. The very definition of a blowhard.

[ProfessorGAC]

23. Also Guaranteed In Early 2006...

...that there would be no recession.
Then we had the worst recession in history.

[NoMoreRepugs]

8. Kudlow has a long history of being wrong about

most things. Perfectly suited to be a trumpanzie.

[bullwinkle428]

9. This was the asshole telling everyone to BUY BUY BUY in 2008, just

before the stock market collapsed.

[MFGsunny]

10. K & M need a whole roll of duct tape permanently around their mouths ...

... for a much desperately needed implementation of their STFU already.

Such transparent and scary tools.

[Tommy_Carcetti]

11. He's the old Communist Party bureaucrat from this scene in the HBO Chernobyl miniseries.

Just replace "our faith in Soviet Socialism" with "our faith in Trump."

[Cosmocat]

29. On mixed boards when people were talking about the series

I told them that is where this country this headed and of course the conservatives got all up in arms.

They are so oblivious it is hopeless to try to reason with them.

[Wellstone ruled]

12. That was pure ugly.

Old Larry has never been right on any financial issue in his life. Noticed his more than normal Red Face today. The Larry back on the sauce and Blow? Sure looks like it. Sounded like his days during the Cheney Reign of Terror.

[duforsure]

13. Has trump got him trying to

Corrupt the markets numbers coming out yet for him? Trumps corrupting everything else.

[Jim__]

14. "To be honest with you ... I don't see much."

Agreed!

[Turbineguy]

15. The cool thing is to watch

the markets tickers when somebody from trumpworld comes on.

[unblock]

27. if only i were a day trader

surest bet in the market has been to sell for the duration of any "major" donnie or donnie administration speech and buy back when it's over. especially if it's "urgent" or "unannounced".

[empedocles]

16. but, 'stocks are on sale', [for limited time only?]

[40RatRod]

18. "To be honest with you"

Does that mean you are not always honest?

[OMGWTF]

24. I took a class in how to talk to the press and was advised to NEVER say that.

[unblock]

28. it's a "tell". like, "i'm not a racist, but..."

[shanti]

19. You know what?

He can cram his dirty money down his throat.

[Hassler]

21. I wondered where Baghdad Bob was. Mystery solved.

[Moostache]

40. I was thinking Frank Drebin myself....

v

Oops...this was posted upthread earlier...mea culpa!

[LaMouffette]

22. And remember George W. Bush . . .

and the helpful advice he gave us after 9/11:

After the 9/11 terrorist attacks, President Bush didn't call for sacrifice. He called for shopping. "Get down to Disney World in Florida," he said. "Take your families and enjoy life, the way we want it to be enjoyed." Taken on its own, this wasn't such a horrible sentiment. But Boston University historian Andrew Bacevich has made a convincing case that it was part of a broader pattern of encouraging financial irresponsibility. "Bush seems to have calculated — cynically but correctly — that prolonging the credit-fueled consumer binge could help keep complaints about his performance as Commander in Chief from becoming more than a nuisance," Bacevich wrote in the Washington Post in October. Now we're paying the bill.

[link:http://content.time.com/time/specials/packages/article/0,28804,1872229_1872230_1872236,00.html|

[louis-t]

26. I remember Hannity after bush sent everybody checks

with his name plastered all over them: "Take the money, go out and spend, spend, spend" to make bush look good. I paid down my credit card with mine.

[DallasNE]

35. Not Everybody Got Those Checks

I didn't. Don't know how they determined who got them and who didn't.

[LaMouffette]

43. Wow! I didn't hear about that one!

[titaniumsalute]

25. Remember the Titanic?

It was declared a ship that was invincible.

[SCantiGOP]

31. What he does know

Is that somehow it will end up being the fault of Pelosi, Hillary and Obama.

[Submariner]

32. I get my financial advise from Wesley Snipes

Kudlow is a lousy fraud.

[calimary]

33. Or Kevin Bacon's character in "Animal House."

“All is well! ALL IS WELL!!!!” (As he gets trampled by a panicked mob...)

[czarjak]

36. Kudlow gets to screw us AGAIN?

I hate it when that happens.

[woundedkarma]

37. Small delay

I'm a super junior level employee at a tiny company that needs something manufactured *yesterday* (the issue is screwing over one of our biggest customers, they're not happy) but we've been told it'll be 6-8 months. In part due to coronavirus.

The stock market is dropping for a good reason and at the same time a terrible reason.

Production in part of China is shut down. (the good reason... well logical, at least)

At the same time, this just means lower profits but for everyone.. so what are you really going to do with that money that you pull out? What investment will be better?

The stock market will recover by a year from now... Faster if we fire trump.

[mahatmakanejeeves]

38. "The real-time numbers are holding up nicely."

Kevin M. Kruse Retweeted

Read the chyron. Then look at the numbers just above it. Beyond parody.

Link to tweet

[BobTheSubgenius]

39. His track record on the economy has been spectacular.

Over the course of a shockingly long career - one that should have ended after a year...two at most - he was wrong almost 100% of the time. Even a blind pig can find the occasional truffle.

That said, his pronouncements could be very useful. Take what he suggests...and don't do that.

[SayItLoud]

41. Kudlow the other day: We got this virus bottled up...mostly.

tRUMP: "15 maybe 14 or 15 they say and the markets are fine I like the markets maybe 15 have it we brought people American people back going lower, maybe to 1, 1 has it it could be bad you know or not never know good no one knows we're prepared prepared a lot really a lot the 15 never know but probably zero...."

I'm feeling very confident now that I have heard the potus speak....YIKES!