Eugene David
...The One-Minute Pundit

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    • THE NEWS HACK'S CREED:
    I know more than you.
    I make lots more money than you.
    I'm smarter than you.
    I'm sexier than you.
    I appear on TV all the time.
    I work ten minutes a day.
    I rule the universe.
    I'm going to live forever.
    You are an idiot.

    THE NEWS HACK'S CREED, No. 2:
    A lie isn't a lie when it tells THE TRUTH.

    THE NEWS HACK'S CREED, No. 3:
    I've come to realize that the looseness of the journalistic life, the seeming laxity of the newsroom, is an illusion. Yes, there's informality and there's humor, but beneath the surface lies something deadly serious. It is a code. Sometimes the code is not even written down, but it is deeply believed in. And, when violated, it is enforced with tribal ferocity.
    --JOHN "OMERTA" CARROLL.

    THE NEWS HACK'S CREED, No. 4:
    News isn't news when we don't report it.

    PERMALINKS:

    THE NEWS HACKS' DICTIONARY

    THE EUGENE DAVID GLOSSARY

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    Monday, October 08, 2007

    Posted 5:36 PM by Gene

    I'd like some clown like Dow 36,000 or GEKKO KUDLOW to make a case we're living in an age of permanent prosperity. Of course it would seem idiotic on the face of it, but after all Dow 36,000 did write that book -- indeed it was one of the biggest statements since the Great De, er, the Roaring Twenties of limitless investment growth, and the combined market cap of Dalai Lamadom and Stevedom is $340 billion -- so something permanent must be going on, some eternal economic fountain of youth that guarantees stocks will never go down again. I am convinced many in the Wall Street Casino think we're living in an age of permanent prosperity. I want to know why.

    Which brings up a question: why don't Dalai Lamadom and Stevedom merge? Together they could be the first TRILLION-DOLLAR MARKET CAP COMPANY! When that day comes America will have completed its relocation to CloudCuckooLand.

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