I leave you with Megan McArdle's latest opus, a snide tirade that shows little understanding of the big picture: economic disaster.
But this is the person who listened to Warren Buffet say, "“There’s no signs of any real bounce at all in anything to do with housing, retailing, all that sort of thing,” and then wrote about a marriage proposal, executive compensation, and journalists losing jobs. Topics that obviously appealed to her personally, yet don't really constitute economic journalism. How much did it cost to send McArdle on this junket?
Instead of babbling about a market bottom, McArdle should have been listening to people like Buffet and looking at this.
A real look at the shareholder's meeting is here.
Monday, May 4, 2009
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