Comments on: The Know Nothing Generation

By: sprinkles

sprinkles — Wed, 17 Jun 2009 01:49:38 +0000

Hank Rearden hates you.

By: Anal_yst

Anal_yst — Mon, 15 Jun 2009 18:05:02 +0000

I would love to nationalize the “gentleman’s club” and greater “adult entertainment” industry. I think there’s alot of systemic risk that needs to be addressed by a “Pron Czar” a gig that as a Patriot I will gladly accept.

By: Johnny Debacle

Johnny Debacle — Mon, 15 Jun 2009 17:11:01 +0000

I think the principle of two wrongs don’t make a right is applicable here. The WaPo article you pointed out is similarly absurd. As a site we’re “Lot” agnostic (articles below are a sampling of stuff against the previous “Lot”), but I’d speak for the other in saying we are against most of the political class. And that the political class would allow these two scenarios to be acceptable is part of the reason why.

To prefer a 31yo Yale Law grad with no business background to shape GM because “he couldn’t do worse” is stupid, because then hey who cares who is President? Grimace couldn’t possibly do worse than Bush, let’s get that purple mother f***** in the White House ASAP. Maybe the Fry Guys can form his cabinet, since they couldn’t possible do worse than Cheney et alia. I’m not so cynical to think that even when it comes to politically appointed positions, we aren’t better off with someone who knows nothing than someone who knows something and has actual relevant experience, whether that be finance, or running a company, or managing risk, or really anything other than being a legally trained political aide.

http://longorshortcapital.com/the-bailout-a-play.htm

http://longorshortcapital.com/bernanke-in-pictures.htm

http://longorshortcapital.com/could-mccain-be-our-mugabe-on-interest-rates.htm

http://longorshortcapital.com/halliburton-loves-that-dirty-water.htm

http://longorshortcapital.com/the-patrick-byrne-award-for-fighting-market-manipulation-christopher-cox.htm

http://longorshortcapital.com/dear-greenspan-please-shut-up.htm

http://longorshortcapital.com/corn-too-expensive-turn-pigs-into-ethanol.htm

By: ajay

ajay — Mon, 15 Jun 2009 16:28:25 +0000

I think the question that you should be asking is: how could an unqualified 31-year-old called Brian make any more of a hash of GM than its previous management did? What, are you afraid he’s going to start building overpriced ugly fuelhogs that no one wants to buy, and push the company to the verge of bankruptcy? O NOES!

And note that, if you had signed up to the Other Lot at the right time, you could have found yourself, aged 24 and completely unqualified, attempting to rebuild the entire Iraqi stock market…
http://www.washingtonpost.com/wp-dyn/content/article/2006/09/16/AR2006091600193_pf.html

“O’Beirne’s staff posed blunt questions to some candidates about domestic politics: Did you vote for George W. Bush in 2000? Do you support the way the president is fighting the war on terror? Two people who sought jobs with the U.S. occupation authority said they were even asked their views on Roe v. Wade.
Many of those chosen by O’Beirne’s office to work for the Coalition Provisional Authority, which ran Iraq’s government from April 2003 to June 2004, lacked vital skills and experience. A 24-year-old who had never worked in finance — but had applied for a White House job — was sent to reopen Baghdad’s stock exchange. The daughter of a prominent neoconservative commentator and a recent graduate from an evangelical university for home-schooled children were tapped to manage Iraq’s $13 billion budget, even though they didn’t have a background in accounting…”