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That Flushing Sound You Hear [Dan Collins]

is the bond market.

O’Reilly jumps the shark by blaming Hot Air for a comment left in a thread. Both stupid and deplorable. What I don’t understand is Allah Pundit’s question concerning how much blame Amanda Carpenter deserves for not calling O’Reilly on it. Chances are, Carpenter didn’t know it was a comment rather than a post–as unforgivable as that may be when it comes to Hot Air.

At any rate, one of these stories is more important than the other.

35 Replies to “That Flushing Sound You Hear [Dan Collins]”

  1. JHoward says:

    All truth about fraudulent fiat monetary systems passes through three stages. First, it is ridiculed — BIRCHER!. Second, it is violently opposed — PAULIAN BIRCHER!. Third, it is accepted as being self-evident: You know, we’re, like, out of money because in our case, money is a weak promise to remit services because we can’t remit goods anymore. Not me, brutha.

  2. B Moe says:

    Is it possible O’Reilly is getting stupider? Besides misattributing the Hot Air blurb he also totally missed the sarcasm of the first one.

  3. Barrack Milhouse Obama says:

    We are only temporarily out of money because the printing presses over-heated. Once the folks down at the Treasury get them cooled down we will just print some more.

    No biggy. Don’t forget to cover your mouth when you cough.

  4. Mikey NTH says:

    There is a distinction between post and comment – I am commenting on Dan’s post. However, many people use comment and post interchangably, and it can be confusing to a third party listener. For example, if I was told “There is a really nasty post about you at Hot Air”, I would wonder why either Ed or Allah would say anything about me, when it could very well be that the other person meant “There is a really nasty comment about you at Hot Air”, too which I wouldn’t pay much attention – I don’t really care what ‘bbbrain237’ thinks.

    A big difference between the two, I think. Surprisingly – words do mean something.

  5. LTC John says:

    I am not sure I would say O’Reilly jumped the shark – more like he inserted his foot firmly in mouth. Unless his ratings are sliding, no shark jumping just yet.

    I would imagine he will issue a prickly “explanation” non-apology apology today. I wonder who will end up taking the blame for his mistake?

  6. jon says:

    The bond market is tanking because the housing market is tanking because the government is spending too much because credit was easy because the housing market had a bubble because oil was cheap because cars were easily financed because foreign trade deficits required new financial instruments to boost markets because government was spending too much because credit was drying up because interest rates were low because taxes were too low because other taxes were too high because housing could be built on credit because investors were nervous because consumer confidence was too low because credit was getting harder and harder to get because….

    We borrow without the ability to pay it back, and our credit suffers. The cycle will continue until we spend within our means or get the means to match our spending. I’m betting on tax increases rather than cuts in government, since the GOP contribution to the discussion has largely consisted of an empty blue folder held up a press conference.

  7. jon says:

    that should be “held up AT a press conference.”

  8. Dan Collins says:

    I’m waiting for Congress to dream up a bill that will force foreign creditors to restore our AAA rating if we pay back on time over a certain number of months (in inflated dollars).

  9. BJT-FREE! says:

    Anyone who thinks that the bond market and the upcoming Treasury crisis were unexpected simply has been playing ostrich.

    I desperately look for a silver lining but I strongly suspect that it’s being choked by a demonic scourge of red tape beneath a pile of stimulus lucre.

  10. TheGeezer says:

    Discipline may be applied by foreigners.

    it’s being choked by a demonic scourge of red tape beneath a pile of stimulus lucre

    How purulently delightful. Blight just like Uncle Joe used to make, back in the good old USSR.

  11. Joe says:

    Wow. Describing O’Reilly as Alan Colmes is funny and mean.

    Next time send Amanda with a loofah and antedotes about living on Long Island (even though Amanda is not from there). I guarantee she will get a better reception from the big old Mick O’Reilly.

    It is for the good of the cause. It is not prostitution Amanda. Think of it as giving a loofah to a grandfather suffering from senility.

    And oh yeah, Bill, this is a “blog post.”

  12. Bob Reed says:

    On O’Reilly…Meh…He’s older, and doesn’t attempt to even “get” the whole internet thing, hence the mistaking a comment for a post; that’s why he has Amanda Carpentar to “report” on the “internets” for him. And, he has been hammering the lefty blogs for some time for the way that the Kos Kidz and HuffPo allow all of the vitriolic comments…

    But then, I guess he didn’t notice the paper mache heads and “BusHitler” stuff over the last 8 years…

    He is shocked, Shocked!, at the sometimes rude and hateful comments on the internet, and hasn’t realized the whole anonymous superman syndrome…

  13. The Not So Pragmatic Republicans says:

    Someone at Hot Air spent a lot of time screwing with Beck, and Palin, who happens to be close to Van Sustern. O’Reilly is wrong, sure enough, but perhaps he’s decided that in war one doesn’t have to be right, one just has to win. That isn’t good, far from it, but it isn’t unexpected, either… not to grown ups.

  14. Bob Reed says:

    And as for the Bond market, the more important of these topics, well as long as they keep spending wildly and essentially ensuring inflation down the road by having the government buy the very bonds they are issuing, lets just say well be lucky if it continue sideways…

    The other McCain is right though, what we need to be watching closely are China’s actions. They are buying up gold sources all over the world, and slowly dumping all of their long treasuries. While they are judiciously doing this slowly, so as not to hurt their own financial postion, the long term effect will be to negatively effect the US government bond market overall…

    And let’s not even bring in the whole unfunded liability of the entitlement programs, and how O!bama-care will only incrase that burden of debt as time goes on…

    But it’s the usual hypocrisy…Why Boooosh! increased the national debt and wrecked the economy with his spending!!!

    But the O!ne? His spending our progeny into oblivion will actually save our economy…

    Sure, if you believe that, I’ve got a bridge in Brooklyn you might be interested in purchasing too; you know, get in on the whole infrastructure boom the’s coming…

    Anyone notice the jobless claims increasing…

  15. The Not So Pragmatic Republicans says:

    And yes, O’Reilly should apologize, but apologies are rare once one has started a fight that has everything to do with personality and very little to do with any thing else. And yeah, I know I’m one to talk, but as the man said, that’s just the way it is. Some things will never change.

  16. Joe says:

    I missed O’Reilly last night (well I can’t really remember when I last tuned in and watched O’Reilly) because the Goode Family was on.

    South Park is generally better, but it had a few moments.

  17. thor says:

    http://tinyurl.com/qgf3nh

    May you get chiggers on the way to your outhouses.

  18. happyfeet says:

    ohnoes ohnoes ohnoes, Dan. Let me know if there’s anything I can do to help our pals at Hot Air. I can call in sick if needed and give the whole day to it.

    This is just awful.

  19. SarahW says:

    I saw that segment last night and was mightily ticked off at the cluelessness or jerkery of that “policing the net” segment…Way to convince me of your net police chops, taking some silliness from Mr. Random on HA and calling it a HA blog posting made waiting for Dennis Miller to review Teminator so not worth it.

    There was a Jeremy Brett Sherlock Holmes showing so I watched that instead.

  20. SarahW says:

    If OR is the net police I am the King of Bohemia.

  21. SBP says:

    because the Goode Family was on.

    South Park is generally better, but it had a few moments.

    Yeah, I liked it quite a bit.

    It’s not really fair to compare it to South Park at this early stage (not to mention that SP is on cable, so it’s not as limited in terms of “acceptable” content).

    I’m glad that he reused the Van Driesen voice for Gerald – it’s the most spot-on sanctimonious hippie voice I’ve ever heard.

  22. MarkD says:

    This is at least the third time that O’Reilly has shown his ignorance of what the internet actually is. He’s entitled to his opinion, and I’m entitled to my judgement of the value of his opinion.

    I don’t watch him much anymore. I find running on the treadmill at the gym more intellectually stimulating.

  23. SarahW says:

    And Insty updated:

    UPDATE: A reader notes something about “car czar” Steven Rattner: “Rattner is married to Maureen White, the former National Finance Chair for the Democratic Party.” The comment: “So one of the guys advising SecTreas on this thing is married to someone who used to be one of the people in charge of fundraising for the Democratic Party. This explains so much it’s scary.” Well, it bears a close look.

    Posted at 8:40 am by Glenn Reynolds

  24. SarahW says:

    My apologies, wrong thread. That was uh…a PROTEIN WISDOM blog posting…

  25. mcgruder says:

    be very very scared about bond market and Dollar prices.
    fuck oreilly and that stupid inter blog shit.

    the world, one 5 yr note auction at a time, is saying very very clearly, “No. We do not believe you Mr. Geithner.”

  26. JHoward says:

    Much to the amazement and chagrin of the left, evidently The Emperor’s New Administration has failed to push back the laws of nature, mcgruder.

  27. BJT-FREE! says:

    It escapes me now, JHoward, but when did Teh One mention the rocketing inflation that is surely in our future due to the endless printing of the endless currency that he says we are out of, endlessly?

    Sometimes i feel like I’m trapped in an endless Ernie Kovacs skit.

  28. Joe, what the hell are “antedotes”?

  29. SBP says:

    That’s the stage before doting begins, silly.

  30. JHoward says:

    It escapes me now, JHoward…

    But it didn’t escape thorite, BJT-FREE. Not much does.

    We’re told.

  31. LTC John says:

    #28 – but Kovacs was fun – this #$&* ain’t.

  32. […] he was thinking of Stan Laurel? Because otherwise, his thinking leads to: If it moves, tax it, after the economy is totally destroyed. Or, Why Beijing Wants a Strong […]

  33. Diecast Dude says:

    What? Amanda Carpenter doesn’t have every word by that sage of sages Allahpundit immediately committed to memory? The nerve!

    I blame Carrie Prejean.

  34. More likely she presumed he wasn’t stupid or misinformed enough to think commenters = bloggers.

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