Thursday, January 14, 2010

Tommy Moron was at it again this week:

http://www.nytimes.com/2010/01/13/opinion/13friedman.html

Friedman never seems to tire of being the mouthpiece for the Communist government in China. I absolutely hate two 'tricks' he turns at every corner. Trick number one, "As I was in (insert distant city here) talking with (insert CEO he's pumping here), they agreed with everything I'm going to tell you now." There's some in depth analysis. I'd ask if that works on anyone with an IQ over 95, but there are CEO's out there who are impressed. Draw your own conclusions about that.

Trick number two: "I was talking with (insert famous US CEO here) about (insert India or China here) and they said (insert India or China here) is the future of America." Never mind that said CEO is a CEO and his credentials on international relations are likely zero. Tommy Moron uses these tricks to sell people that what he says is worth a Domino's Pizza. (old style)

Tommy Moron's column today reminded me a lot of good old Henry Blodget investing $700,000 of his own cash in a pitiful attempt (he'd made 10's of millions) to continue the fraud he'd barfed all over the American investor community. Blodget took a lot of blame for the hype that created the Dot Com bubble, will Thomas Friedman take the blame for helping to create the 'idiot bubble'?

Of course Tommy Moron's column was timed to distract from the real news of the day about China. Google looks to be on the way out. And that's some bad, bad press to investors here. A much better recap of the days events can be found here:

http://www.mercurynews.com/business/ci_14183107

I didn't think much of Chris O'Brien when he showed up in town. One of his first columns was to be the mouthpiece / apologist for the local Mafia Family when their first son went down on an embezzlement wrap. I'll cut him some slack though, he was new and maybe the editor suggested the angle that made Mr Boots Del Biaggio as some type of high tech hot shot gone bad rather than the arsonist, union corrupter and money launderer that he was.

Compare O'Brien to Friedman and you'll see he's worth reading.

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