Home / General / “Also, My Prediction in 1936 that the Yankees Would Utterly Collapse Came True in 1965.”

“Also, My Prediction in 1936 that the Yankees Would Utterly Collapse Came True in 1965.”

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Is there any person better qualified to head the George W. Bush Institute than James Glassman?

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  • rea

    Bush is being institutionalized?

  • c u n d gulag

    May I respectfully nominate, “Heckuva Job, Brownie!”?

    Or, John Yoo?

    Also too, Monica Goodling, Dan Senor, and Harriet Myers?

    And Condi Rice as “National Security Advisor?”

    I think they all have at least closely comparable qualifications.

    • elm

      Rice was qualified for the job. She wasn’t good at it, mind you, but there was no reason she wasn’t qualified given the qualifications of previous NSAs.

  • ironic irony

    The George W. Bush Institute for Silver Spooned Foolery and Fuckery. Yep, nice ring to it.

    • Loud Liberal

      I think it would be more accurate to call it: “The George W. Bush Institute of Seeking Positions of Public Trust for Personal Gain, War Profiteering and Generally Leeching off of the Government.” Or, maybe it should be “The Bush Family Institute, etc., since Prescott Bush, Daddy Bush and Jeb (with his charter school crusade), were just as committed to the cause of pilfering taxpayer money as W ever was.

      In any event, W wasn’t as big a fool as you might think.

      • Anonymous

        In a completely Forest Gump sort of way.

  • Brandon

    “[…]in our 1999 book[…]get to 36,000[…]between three and five years[…]Today, the far edge of that time frame is clearly in reach.”

    Leaving aside the stupidity that follows, this is taking the “Friedman Unit” to a whole new level.

    • LosGatosCA

      Baghdad Bob never did it better.

      Actually, I’m going out on a limb and saying the Dow will reach 50,000 but I’m not going to be tied down to any triviality in the way of a specific timeframe which proves I’m both more manly and way smarter than Glassman.

      Except that his salary to effort ratio at the Post-Hackocracy Museum is undoubtedly higher than mine since I have to produce some value where I work. So he does have that going for him.

  • Brandon

    Wow, it only gets worse. “Sure, if you count the tech bubble, 9/11, and the world-wide financial collapse of 2008, our predictions look incredibly stupid, but we’d be right if that hadn’t happened!”

    • Hogan

      If it weren’t for all the things he was wrong about, he’d have been completely right.

  • sharculese

    I did a Bush Institute Fellowship in X-Box Studies after I got my Ph.D. from Bovine University.

    • Hogan

      You’re a Grade A Moron too?! High five!

      • Bill Murray

        or a grade O moran

  • Warren Terra

    I love the part where he decides that, because in order to recover from its cratering in 2008 the stock market has had to more than double, the stock market is now on a track to continue doubling until it (almost) reaches the 36,000 mark he thought it really ought to have been at, 15 years ago.

    I’m reminded of that National Review cruise report, where he was featured as having explained the economy to the deluded passengers.

    • Kyle

      I sincerely hope all Republicans follow his investment advice to the letter. Upper-bracket tax rates will become completely irrelevant to them.

  • catclub

    Bill Kristol might get it if his dad was still around to get special treatment for him.

    Irving is dead, right?

    • c u n d gulag

      I believe he’s now the ‘Golom of DC Conservative Punditry.”

      • somethingblue

        Is that meant to be Golem or Gollum?

        I could imagine Irving Kristol as either.

        • Jon Hendry

          If the former, someone please erase the motivating magic word “shithead” from his forehead.

        • Bill Murray

          I don’t think it can be a golem. The shem has the word truth on it and no Kristol has even a nodding acquaintance with the truth

  • kgus

    I have a soft spot for Glassman only because he, unlike the other right wingers, had a kind word for Allen Ginsberg. Other than that, he seemed to be just another affable goofball.

    Love this bit from his Wikipedia bio:

    At the heart of Glassman’s “secret code” is the belief that stocks are the best long-term bet there is. The trick is finding solid companies to invest in and then sticking with those companies through thick and thin.

    Yeah, that’s the trick all right. Sheer genius.

    • Brandon

      See, the trick is to know which stocks are going to go up and stay up until you sell them. That’s all there is to it!

      • cpinva

        “See, the trick is to know which stocks are going to go up and stay up until you sell them. That’s all there is to it!”

        this method has always worked for me, well, except for that “knowing” part.

      • Bill Murray

        my understanding is that some people try to know which stocks are going to go down and short them

    • Rob

      Glassman has always been an ass. He was an investor columnist for the WaPost while doing his real job, planting Op-eds by ghost authors for money.

    • Loud Liberal

      Unless you are high ranking officer or director, there’s no reliable way to know if a company is “solid.” Enron, Lehman Brothers, anyone!

    • LosGatosCA

      Will Rogers said it decades ago:

      “Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”

      But Rogers never got to be the curator of a Hackocracy Museum, so he couldn’t be as smart as Glassman.

  • tonycpsu

    Why worry about 7 percent unemployment when a non-inflation-adjusted average of 30 arbitrarily-chosen stocks has rebounded to where it was six years ago? Clearly the economy is healthy again!

    • Joshua

      You say this in jest, but that’s more or less exactly what the CNBC talking heads were saying yesterday. Rick Santelli was particularly unhinged.

  • calling all toasters

    Anagrams do not lie!!
    “George W. Bush Institute” = The nitwit gouges rubes.

  • cpinva

    That’s not called “being right.”

    that’s about the kindest thing that can be said of mr. glassman. i expect he’s still stuffing envelopes at home, making the big bucks.

  • Alicia Hayle

    “The George W. Bush Presidential Museum offers a new and revealing look into the decisions and events of the Bush Presidency. The Museum features important artifacts; such as a piece of the World Trade Center; an interactive Decision Points Theater where visitors make real-time crisis decisions similar to those made by President Bush; and a full-scale replica of the Oval Office complete with a Resolute Desk that visitors can sit behind. ”

    What is a RESOLUTE desk?

    • Davis X. Machina

      Made from the timbers of HMS Resolute….. Quite a story there, and no one owns the film rights.

      • Bill Murray

        The Resolute Desk was an important part of National Treasure 2: Nicolas Cage gets lucky again

    • One with a copy of “Decision Points” jammed under the short leg to prevent rocking.

    • Manufactured by the good people at Resolute Industries?

    • Kyle

      where visitors make real-time crisis decisions similar to those made by President Bush

      Attacked by mostly-Saudis led by a Saudi based in Afghanistan?
      Attack Iraq and cut upper-income taxes.

      You’re a dull-witted overgrown frat boy way over your head who exalts ignorance?
      Attack Iraq and cut upper-income taxes.

      Giant meteor hurtling toward Earth?
      Attack Iraq and cut upper-income taxes.

      This game isn’t very challenging.

      • James E. Powell

        I will always wonder if Bush actually made the call on the major policy decisions of his administrations. I do not think he was the initiator of anything, not even NCLB. He was much like the dullard state legislators who sponsor ALEC drafted bills. His sources were more highly placed, true, but I don’t think he was the source of anything and he relied on others to tell him what to do and when. His whole life is about promoting himself, not any particular policies.

        • Timb

          After 2005/2006 when Cheney cut Bush and Addington loose, he was the decider

      • Hogan
    • Bill Murray

      Does the Decision Points Theater come with a copy My Pet Goat and a recording of “Now watch this drive”

  • Jon Hendry

    If there’s a god, the walls will be festooned with Bush’s shitty paintings and Glassman will have to look at them every day.

  • Hume

    Yes, Paul Samuelson: “Contrary to what many skeptics had earlier believed, the Soviet economy is proof that … a socialist command economy can function and even thrive.” (Economics, 1989).

  • some of the things in the article i didn’t even knew about, good share thank you.

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