Posted 5:07 PM by Gene

I tend to look sourly at we're-in-the-money columns like Gekko Kudlow's for a reason, and now we have a good one: the Dow has gained close to a thousand points during the never-ending MASSACRE RALLY. How great is the nation with three-headed dogs and psychotic shootists, and where the dogs and their humongous wealth creation are somehow supposed to justify our vast cultural and moral rot? As for this supposed leap in manufacturing (and if a left-leaning think tank supports a right-leaning typist, it must be -- right) I'd bet these days it's basically airplanes and Dilbert boxes. And do American-made Toyotas count? And they have to be bigger-ticket items than what we made before. Take all that away and you have next to zero -- or rather the vast sea of goods now produced by the likes of China. I'm no protectionist and realize much of our productive might was destined to leave from the time Sony made its first transistor radio, and nostalgia is not a good foundation for economic policy, so why do I feel some screw is missing somewhere?

Neither, I will confess, does it help when a man like Gekko Kudlow would absolve a person of his failings just because of his wealth.