Bloomberg Businessweek thinks some of you are stupid
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Bloomberg Businessweek thinks some of you are stupid
And since the cover apparently wasn't provocative enough, the magazine's editor said on Twitter: "Our cover story this week may generate controversy, but only among the stupid."
Meanwhile, who wrote this? (Answer to come later in the day): (Blogger's note: There's more below -- you have to click on the link!)
NEW YORK—Following Hurricane Sandy’s destructive tear through the Northeast this week, the nation’s 300 million citizens looked upon the trail of devastation and fully realized, for the first time, that this is just going to be something that happens from now on.
Gradually comprehending that this sort of thing is now just a fact of life, citizens all across America stared blankly at images of destroyed homes, major cities paralyzed by flooding, and ravaged communities covered in debris, and finally acknowledged that this, apparently, is now a regular part of the human experience.
“Oh, I see—this is just going to be how it is from here on out,” said New York City resident Brian Marcello, coming to terms with the fact that an immense storm that cripples mass transit systems and knocks out power for millions in the nation’s largest metropolitan area can no longer be regarded as an isolated, freak incident, and will henceforth be just a normal thing that happens. “Hugely destructive weather events are going to keep happening, and they are going to get worse and worse, and living through them is something that will be a part of all our lives from now on, whether we like it or not.”
Well the stupid, or those like the Koch Bros. who profit from global warming.— carl and sons- There's a very real difference between warning the people on the Titanic that the ship is sinking, and telling people everything's cool because you have a big investment in a travel agency.
The people who are dying in these storms or seeing their homes destroyed probably understand that difference a little better than a sold-out hack like you.— carl and sons - Eventually you can still deny it all you want you still won't find an underwriter. So, recall the right wing meme where they threw out the, "so what" phrasing? Dennis Miller said, "can't we just say its -- kinda nice out?" They the right wing elite can say whatever they want publicly as long as they have the equal and opposite private reaction of making real adjustments to counter this trend.— Murrayman
- Weren't there destructive hurricanes along the shore in the 1950s and 1960s, and then a lull thereafter. Was there global warming leading up to those 2 earlier decades? If so, what happened thereafter?— Thoughtful&concernedvoter
- Thank goodness Bloomberg outlawed 20 ounce sodas.
Imagine all the additional destruction there would have been with those 20 oz bottles floating in NY Harbor?— Mr. Smith - Consumer confidence at a 4.5 year high. Great news for America, bad news for the GOP!— chasing history
- Talk about a "tallest midget" statement. 4.5 years ago we were in the midst of the biggest economic freak out in the last 60 years.
So what you're saying is consumer confidence is now equal to what it was when we were in the midst of the financial panic of 2008. - It's now equal to where we were 7 months PRIOR to the financial meltdown. Swing and a miss! — chasing history
- You tool. 4.5 years ago we were in the first quarter of 2008. Go look at a timeline and educate yourself, the house of cards on the financial crisis were already falling (http://timeline.stlouisfed.org/index.cfm?p=timeline#):
- BofA buys Countrywide Financial so it doesn't go belly-up
- FOMC cuts the federal funds rate and the primary credit rates almost in half
- Carlyle Capital defaults, and the UK takes over one of its largest mortgage lender (Northern Rock)
- The fed announces programs pumping hundreds of billions into the mortgage market (TSLF, TAF)
- JP Morgan Chase buys Bear Stearns with backing from the Fed
... and that's just what happened in the first quarter 0f 2008.
Your statement is only true if you mark the beginning of the financial meltdown at the time of the Lehman Bros bankruptcy in Sept 2008, like somehow the meltdown came out of the blue with that event.
In mid-July, 2007, just before the wheels started to roll off deep in the financial markets, consumer confidence stood at 112.6.
Swing and a miss, Chasing. Swing and a big miss. 
"...and will henceforth be just a normal thing that happens."
OK then, just accept it and move on. If you think that some political policy or government mandates are going to stop the earth from doing it's thing, then maybe the "stupid" label points in the wrong direction.— jmc- I'm still waiting for Mittens to drop off the disaster relief supplies he bought at Walmart. A couple cans of cream corn would be pretty tasty now. And he could drop off some diapers for baldymcfatkins and perhaps a car charger for his Zachary Morris cell phone.
Time to take off the apron Mittens and start being a leader!— The Fundamentals of the Economy are Fine - Maybe Ryan can come over and wash your already clean dishes for you. — carl and sons
- Wow, that's the way to get people to agree with your points. Call em stupid. Works every time.— General Turgidson
- So, should I go long on carbon offset credits? That's the biggest scam going. Follow the money trail, Mr. Bunch.— FletcherT
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