Thursday, August 16, 2007

CNBC Today -- Kudlow Given a Real

endorsement by Cramer on Stop Trading, as the person who really does "know" the "ins and outs" of the Fed. I will watch him more carefully as we go forward, and give him more respect.

The CNBC team seems to know who is expert on what and permits each who has a particular expertise to just yell over those who are just pretending. All without sneering at the other. Very good, and under pressure too. I thought the Chicago guy (brain cramp on name for the moment) came out looking second best today. Rick Santori (?)

Sharon Epperson, reporting on oil & gas, seems almost irrelevant during the market crisis.

Paulson, speaking for the administration after a silence, indicates a signal of pulling out stops as hoped for by Wall Street. What did he do at Goldman Sachs? Maybe he should not be compared unfavorably to Rubin, one of my heroes.

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