David Rosenberg Bashes Daniel Gross

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Thu, 10/07/2010 - 10:50 | 632133 Pladizow
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Perception is reality!

Thu, 10/07/2010 - 11:59 | 632437 aint no fortuna...
aint no fortunate son's picture

I hear a guest spot coming on Sqwauk Box next week for Mr. Gross... this is Becky and Joe's kinda guy!

Thu, 10/07/2010 - 12:51 | 632629 dlmaniac
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Gross was the guy screaming "America is back" on Newsweek in April, wan't he?

Thu, 10/07/2010 - 10:51 | 632138 Bitch Tits
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It's a joke, obviously.

A little tongue-in-cheek humor at the expense of the middle class. Manipulating minds isn't an easy thing to do, so it might as well be fun.

Thu, 10/07/2010 - 13:08 | 632703 SteveNYC
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This Gross guy thinks he is the new Ed Bernays. A pathetic, poor man's version if anything.

Thu, 10/07/2010 - 10:56 | 632151 Spalding_Smailes
Thu, 10/07/2010 - 16:27 | 633589 GFORCE
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The charts have been manipulated there. Look at gold on a daily chart.

Your confirmational bias obsession is a hazard to your wealth.

Thu, 10/07/2010 - 11:01 | 632171 Nihilarian
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Thu, 10/07/2010 - 11:02 | 632175 MrMorden
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Smokin' crack, bitchez!

Thu, 10/07/2010 - 11:04 | 632188 Thoral69
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Yeah right! The consumer is tapped end of story!



Thu, 10/07/2010 - 11:05 | 632189 Cognitive Dissonance
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Rosie baby I respect the ground you walk on, but if the New York Times prints it, it must be true. I don't care where you get your economic numbers, not even if they come from the NY Times itself (which would make them correct) you're wrong and the NY Times is right. Which means by extension anyone who graces the pages of the NY Times is right.

How do I know this? Because the NY Times told me the NY Times is always right. In fact, they printed an editorial (it doesn't get any more right than a NY Times editorial) declaring they're always right. And since everything printed in the NY Times is right.....well you get the picture.

I love circular logic. It assures me that I'm always right, right? 

PS: Just in case its not obvious..........<sarcasm off>

Thu, 10/07/2010 - 11:26 | 632269 RockyRacoon
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Kinda like THIS.  Reciprocal madness.

Thu, 10/07/2010 - 11:33 | 632312 Cognitive Dissonance
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Very clever. And it just proves I'm right, right? :>)



Thu, 10/07/2010 - 11:40 | 632340 Problem Is
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"The New York Times is the toilet paper of record..."
G. Celente

Thu, 10/07/2010 - 11:12 | 632213 svendthrift
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Gross wrote: Pop!: Why Bubbles Are Great For The Economy.

Thu, 10/07/2010 - 12:28 | 632550 Fred Hayek
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Damn.  I didn't see that you had already posted that.  Oh well.  I left a link to it below.  I'll do it again.


Thu, 10/07/2010 - 11:12 | 632215 NOTW777
Thu, 10/07/2010 - 11:22 | 632251 BobWatNorCal
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There's a reason it's called "Newsweak"

Thu, 10/07/2010 - 11:44 | 632353 Problem Is
Problem Is's picture

"newsweek saleprice - one buck"

$1 Too Much...

     MSM bankruptcy and liquidation, bitchez...

Thu, 10/07/2010 - 11:15 | 632224 Attitude_Check
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"The renewed willingness and confidence to spend money we don't have is vital to the continuing recovery"


You can't make this stuff up.  High on Hopium I guess.

Thu, 10/07/2010 - 11:25 | 632260 Cognitive Dissonance
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Statements such as this illustrate how far into the wilderness we have strayed. And its said with a straight, even sincere, face. Truly mind boggling to witness insanity accepted as sane and responsible thought.

We have crossed over into the Twilight Zone. Rod Serling, where are you when we really need you?


Thu, 10/07/2010 - 11:18 | 632237 ssp2s
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Newsweek: "America's Back!"

Thu, 10/07/2010 - 11:18 | 632242 Yardfarmer
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Durden, Rosie, oh, if only you would learn to suffer such fools with more gladness in your hearts. Do you not see that without their unfortunate forays into matters of which they know little or nothing, you would not have attained half the stature as the recognized intellectual titans of economic understanding you are so deservedly recognized as.

Thu, 10/07/2010 - 11:22 | 632252 TheJiddish
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I enjoyed reading this other article on ZH per the frugality myth. This one seems to combine both opinions into a more plausible picture.



Thu, 10/07/2010 - 11:25 | 632267 NOTW777
Thu, 10/07/2010 - 11:26 | 632271 MarkTwainsMustache
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Daniel Gross and James Altucher have the same mother.

Thu, 10/07/2010 - 11:28 | 632288 RockyRacoon
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Yeah.  "Mother" being the first word of a two word phrase to describe them.

Thu, 10/07/2010 - 11:27 | 632280 gwar5
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That was funny....

Daniel Gross and the JournoPimpwagon, formerly known as Newsweek, famous for more left turns than NASCAR.  Daniel, why so socialist? Maybe Newsweek just didn't spend enough money, or take out enough loans?

Obama insists this tactic is working.  


Thu, 10/07/2010 - 11:30 | 632295 John McCloy
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The NYC MTA is voting on another fare hike today.

This would be the 3rd in as many years.

in 2005 the 30 day was was increase 11+ to $76.

In 2008 they 30 day was increased to $81

Only a year later in 2009 base fares 25% increase across the board

And today in 2010 the MTA board approved a monthly fare jump from $89 a month to $104 an increase in single ticket base fare to $2.50, increase in 7 day pass and a the ending of the popular 1 day fun pass (Which allows unlimited rides in a day for a fixed price).

   in 2005 they had a 900 million dollar surplus. More middle class rape. No inflation to be seen here folks.

Thu, 10/07/2010 - 11:33 | 632311 svendthrift
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They are closing lines too, yeah? There was a planned expansion (planned every decade or so) that I assume is mothballed due to pension liability?

Thu, 10/07/2010 - 11:48 | 632371 John McCloy
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Massive cuts. They removed a number of those booths with the help desk people, removed a number of ticket boots and I saw them installing a number of miniautomated kiosks all over the city actually on the street for the first time in MTA history.

  They closed down a few lines or trimmed service to weekday service and more jobs cuts are on the horizon. But hey...they announced wifi in a few stations so cheers all around. They ridiculous extension of the 7 train line further west. Meanwhile they do things like shut off the escalators going downward to save energy or shut them off on the weekend. And if you ever have to ask one of the lazy clerks a question while they are on their cellphones chatting with anyone they can get on the phone you can expect an attitude from these entitled smiling faces.

Thu, 10/07/2010 - 11:31 | 632297 MarketTruth
MarketTruth's picture

<s> i ALWAYS trust the Ministry Of Truth. </s>

Thu, 10/07/2010 - 11:45 | 632358 Fox Moulder
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I was sure I was reading The Onion. Had to double check.

Thu, 10/07/2010 - 12:00 | 632441 AR15AU
AR15AU's picture

Call these mofo's out...!  They love to post this crap in the safety of their little ivory towers where readers cannot provide feedback to the garbage articles. Kudos for cross posting and debunking. We need more of this. I want Google to come up with Zero Hedge as the number one item when someone searches on Daniel Gross...!

Thu, 10/07/2010 - 12:14 | 632495 Gimp
Gimp's picture

"Honey I am out of TP can you get me another roll of NY Times so I can wipe my ass!"

Whoever is reading this junk is already living comfortable in the Matrix and fully connected to the machine. Thank G_d for the internet and ZH, enjoy it while it lasts.

The Arts section is pretty good so I won't wipe my posterior with this section!


Thu, 10/07/2010 - 12:24 | 632529 Fred Hayek
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Daniel Gross has been able to be spectacularly wrong often and yet remain employed.  He may be a dolt but, somehow, he's not an unemployed dolt.


Here's my personal favorite Daniel Gross piece from Slate.com in May 2007.  The title is "Why Bubbles Are Great for the Economy".  I kid you not.


Thu, 10/07/2010 - 13:10 | 632710 SteveNYC
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In a society where the truth and honesty are taboo, the one-eyed shill is king!

Thu, 10/07/2010 - 13:04 | 632686 dashingdwl
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It depends on what your definition of "rose" is.

Thu, 10/07/2010 - 13:40 | 632816 UninterestedObserver
UninterestedObserver's picture

I read one of Gross's articles on Yahoo and I honestly thought he was retarded.

Thu, 10/07/2010 - 13:51 | 632867 lamchops
lamchops's picture

Reinflating a bubble.

That's what these morons are trying to do--Let me stress here that in particular I am referring to that fool Paul Krugman.

We are witnessing the greatest economic collapse since the South Sea Bubble in 1720. It may take a decade or more before this cycle bottoms. The thought that we can borrow and spend enough money to start the bubble growing again is preposterous.

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