Hey Luskin, Enough is Enough!

It is a fact of life that sometimes a bully needs the figurative "punch in the nose." Don Luskin is just such a bully. There have been at least three previous occasions after debating him on CNBC that he has unprofessionally and maliciously attacked me on his blog after the fact. Up until now, I chose to take the high road and decided not respond to his childish behavior.

But last night I again had the displeasure of debating the economically and sartorially challenged Luskin on The Kudlow Report and was again the victim of his pablum. Now I would like to take this opportunity to make a few points.

Perhaps the most striking thing about Mr. Luskin (besides his hubris) is his ability to be consistently wrong. In the three years I've been on CNBC, I've witnessed Mr. Luskin espousing a consistently bullish message, and an unrelentingly mantra that there would be no downturn in the economy and the market. Here he was as late as August 29^th 2008 telling everyone that GDP was strong, that there is no recession and how wrong the bears will be. Then unbelievably, he managed to turn bearish near the beginning of 2009, just before one of the biggest rallies in stock market history.

What's most surprising about him, given his abysmal track record, is that one would expect him to have at least a small vestige of humility. However, what one finds is cantankerous man who needs to inject an ad hominem attack into his debates because he can't compete on the facts. The man truly is shrouded in enigma. Why anyone finds him remotely relevant is a mystery. But one thing is clear; his uncanny ability to be a perfect contrarian indicator explains why he can't even afford to purchase a tie before going on TV.

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