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Buffett Boosts Own Morale with Hypocrisy

DagNabbit Wrote: Nov 30, 2012 6:38 PM

Well, there's being clueless, and the there's being obnoxiously SMUG and clueless. And Ransom is one of the most obnoxiously smug idiots in all of right wing punditry. And that group includes Charles "There's no such thing as a mandate" Krauthammer, so there's some heavy competition in smug stupidity out there. So I like pointing out that WHENEVER Ransom tells you "how it is", you should remember that he's most likely WRONG. And not just wrong: we're talking Hugh Hewitt wrong. BIG wrong.

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Buffett Boosts Own Morale with Hypocrisy

The government revised upward its initial reading of third quarter GDP from 2 percent to 2.7 percent in a move that was widely expected by economists.

And everyone said “yawn.”

That’s because the GDP growth was more government puffery. The increase was borrowed or freshly minted money. The government merely accelerated spending, filing one hole, while digging another- deeper- hole, in Obama’s latest 60-year-same-as-cash financing offer.

At least that’s what the markets have felt apparently- reacting with shrug to another wave of “good” news coming out of the government about how great things are for the folks back...

Related Tags: Hypocrisy