Loading ...I think all of the drugs he consumed has warped his brain. He’s an eternal optimist who never sees the realities of fractional reserve debt ridden economies. Just my humble opinion.
“at Bear Stearns he allegedly had a $100,000-a-month cocaine habit and was eventually forced to resign”
Kudlow was born and raised in New Jersey, the son of Ruth (née Grodnick) and Irving Howard Kudlow.[2.Kudlow attended the private Elisabeth Morrow School in Englewood, New Jersey until 6th grade. He then attended the private Dwight-Englewood School from the second half of middle school to high school.[3]
Kudlow graduated from University of Rochester in Rochester, New York with a degree in history in 1969.[4] Known as “Kuddles” to friends, he was a star on the tennis team and a member of the left-wing Students for a Democratic Society at Rochester.
In 1971, Kudlow attended Princeton University‘s Woodrow Wilson School of Public and International Affairs, where he studied politics and economics. He left before completing his master’s degree.[5]
Financial industryEdit
In 1987 Kudlow was hired by Bear Stearns as its chief economist and senior managing director. Kudlow also served as an economic counsel to A. B. Laffer & Associates, the San Diego, California, company owned by Arthur Laffer, a major supply-side economist and promoter of the “Laffer curve“, an economic measure of the relationship between tax levels and government revenue.
He was a member of the board of directors of Empower America, a supply-side economics organization founded in 1993 and merged in 2004 with the Citizens for a Sound Economy to form FreedomWorks. Kudlow is also a founding member of the Board of Advisors for the Independent Institute and consulting chief economist for American Skandia Life Assurance, Inc., in Connecticut, a subsidiary of insurancegiant Prudential Financial.
Maddog
LOL Perhaps they should be confined in some manner … maybe held incommunicado. 🙂
Goldielocks
“It’s not a retirement plan investment. ”
You got that right!
Ipso facto
Man your politcos travel cheap
Yr probably right…..personally I would make ’em swim over, if they want to visit the US, but that would be banned as they’d cause too much pollution !!!!!
D’oh! Someone’s got some splainin to do … PS Gold is heavy!
Plane loses its $368 million cargo of gold, platinum and diamonds on takeoff
The plane with ten tons of gold, platinum and diamonds lost part of its cargo after taking off from Yakutsk airport today.
More rained down as the aircraft gained height.
The Nimbus Airlines AN-12 cargo plane hit problems during takeoff; the treasures fell out of the hold all over the runway.
The plane then dropped some bars of gold as far as 26 kilometres from the airport.
The crew decided to land at the nearby airport of Magan, some 26 kilometres north-west of Yakutsk.
Police sealed off the runway and a vast search is underway.
Gold and platina fell out of cargo plane in Yakutia
Maddog @ 9:37
Man your politcos travel cheap. If those were American lawmakers the bill would have been in the millions easy!
R640
Not impressed by Krudlow at all, real lightweight…..maybe Trump wants nothing but yes men around him, as Krudlow will never rock the boat.
Taking a clown off CNBC is not impressive……the Rig remains their only economic policy.
If I was a white South African farmer I’d say … Sign me up!
Australia Considers Emergency Visas for White South African Farmers
https://www.nytimes.com/2018/03/15/world/australia/south-africa-white-farmers-peter-dutton.html
Weird. That is a NY Times story from Drudge and when I copied and pasted the web address it came up with this picture and no link. Anyways the story is at Drudge or the NYT.
Ipso 17:47
A lot of these miners will sell shares in a downturn or worse do RS to pay their bills. They’re dangerous to hold after the top is in at that time after a bounce. Not the same when it was continuously moving up and were only talking about pullbacks. Year after year it eats at their profits. Worse are the explorers who didn’t have much in the first place. You can make money as it starts going but until then you know the rest of the story. It’s not a retirement plan investment.
eeos….yr right…we have it just as bad.
A group of Members of Parliament and other parliamentary staff cost taxpayers £84,000 for a trip to the United States to investigate the phenomenon of fake news, spending a remarkable 11,506,749 per-cent more on the jolly than the total spent by the alleged Kremlin “troll farm” on Facebook adverts during the Brexit referendum campaign.
Led by MP Damian Collins, members of the Parliamentary Digital Select Committee including ten further members of parliament, the committee clerk, a senior committee specialist, and a media officer flew to the United States in February, costing the taxpayer a whopping £84,000.
Included in that spend was £37,538 for business class flights, £6,500 on minibuses, £1,250 on security, and £140 on gifts. The party stayed at £192-a-night hotels in New York and Washington D.C., and spent £14,655 to broadcast an evidence session from George Washington University, according to a Freedom of Information release acquired by POLITICO.
sorry newsflash…no politician IS EVER fixing corruption!!!
Mission Impossible.
Morning Buygold
U gotta be kidding…… Bolton could start a war in a phone box.
Mr. Copper
You think Kudlow is bad. Just saw a headline that McMaster will be fired and replaced with dual citizen warmonger John Bolton. Unbelievable
Coffee Time: Gold In CDN
Phyzz Rules !!
Frustrated as everyone else that the stocks are stuck in the mud …….
Morning Friends
Winedoc
Silver Train
The Wisconsin Southern executive train
Heck… EVERYTHING is south of Wisconsin!
http://www.railpictures.net/photo/651238/
Mr.Copper @ 22:05 on March 14, 2018
Dont worry about KUDLOW…they always do the opposite of what they say ! He needed to get appointed without mass histeria about Gold….
IF SPOT GOLD PRICE represents true value ($SPGSGC S&P spot gold)
then by comparison
DOW is priced even
Banks index BKX is priced even
Housing HGX is priced 10% discount
Healthcare IXHC is priced 5% doscount
NYAVG is a slight discount
SPX is priced even
XAU is at a 25% discount
HUI is at a 50 % discount
Then if TRUMP wants our votes he needs to fix this corruption..!
re Kudlow to become Trump’s next top economic adviser??? HUH???
Boy, now things are getting even more interesting, about what’s going on. Kudlow is a well trained pro global establishment bull/shitter from way back. Why would they want him in the Whitehouse? What good would he be for the US economy?
And all this b/s about taxing steel and aluminum is just one big propaganda smoke screen. Imported steel and aluminum is not what killed the USA. The biggest money drain problem is importing massive amounts of consumer products. What are we going to do with steel and aluminum? When we don’t make much of anything anymore.
The USA probably imports $1,000 worth of raw steel and aluminum for every $1,000,000,000 worth of consumer products. Ask yourself. How many employees would metal producers need, compared to how many employees would be needed if we made our own consumer products. 1,000 employees for producing metals to every 1,000,000 employees manufacturing things
If anything, importing steel and aluminum is good, we keep ours good stuff here in the ground and use up the other countries good stuff. Exporting manufactured consumer products makes more sense.
Besides that, every time I stop at a traffic light, I feel like I’m in a foreign country. I see foreign made cars all around me. Like flies. They are mostly made of steel and aluminum. Tax the metals that way. We need big tariffs on those cars.
If they are twice as good, they should cost twice as much. And the Americans that buy them are detracting from the US economy, so it only makes sense that the foreign car buyer pays a tariff and contributes something to the US Treasury dept, so the rest of the Americans have lower taxes.
The ONLY reason I can see for beefing up metals producers is here in the USA is TPTB or central planners are figuring in a possible or definite war after a big global economic crisis of some kind from the unwinding or reversal, or reset, of globalization. Survival of the fittest country.
NOT the false fear of the Fed unwinding the so called big bad balance sheet boloney. Globalization to me is the BIG thing, like the hollow cheap construction of the Trade Center buildings. Or one big engine on a 747 instead of four engines. VULNERABLE.
Numbers I found:
Total imported steel 2017 $22 billion.
The total value of exports is US$ 1,450,457 million.
The total value of imports is US$ 2,248,209 million.
Note, what the hell is a million $million? $100 Trillion???