General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow long with Larry Kudlow last as economic advisor?
New Director of National Economic Council, chief economic advisor to Trump.... CNBC financial broadcaster.
Will he last longer than the Mooch. Yes. But less than John Kelly? Less than Kudlow's predecessor, Gary Cohn, who lasted 13 1/2 months? That was a pretty long stint for a White House cabinet member.
I'm guessing that at about a year it will become untenable for both Trump and Kudlow, although it may take a while to find a replacement.
brewens
(13,636 posts)right spirit.
Honeycombe8
(37,648 posts)What's with these old geezers? Is that ALL they think about? He's probably being spanked, too, then.
brewens
(13,636 posts)story anyway.
Honeycombe8
(37,648 posts)safeinOhio
(32,738 posts)until they are caught.
NewJeffCT
(56,829 posts)Says he's been sober for over 20 years now, though.
Honeycombe8
(37,648 posts)NewJeffCT
(56,829 posts)so, was in his mid 40s in the mid 1990s. Not exactly young.
He had worked in the Reagan White House prior to working on Wall Street, so probably had a pretty high salary going into a job on Wall Street.
Interestingly, he was very liberal politically in the 1970s and helped coordinate protests against the Vietnam War and also worked on Senate campaigns with then Yale student Bill Clinton. He later became a big supply-sider during the Reagan years.
safeinOhio
(32,738 posts)Is that where they get supply-sider?
NewJeffCT
(56,829 posts)He probably made at least a few million dollars/year. Maybe his spending & drug habit was why his second wife divorced him - he spent the family into debt?
Honeycombe8
(37,648 posts)Greed is a big thing with a lot of rich people.
unc70
(6,123 posts)That would be a huge amount of coke, Scarface levels.
Prices have varied widely from the classic $100 per gram to more like $30 when Kudlow was supposedly doing the most. That works out to 1-3 KILOS per month for one person, 30-100 grams per day!!! Even sharing with the hookers, that is a lot.
It would be a lot at $100,000 for a year. That would still be 3-8 grams every day.
NewJeffCT
(56,829 posts)he probably had wild parties with other executives where high end escort services were also provided with the cocaine.
unc70
(6,123 posts)Even for a trading floor awash with coke, that would be a lot.
Maybe the $100k per month included the expensive escorts and expensive booze and wine.
COLGATE4
(14,732 posts)"star" at Bear Sterns he was putting $100K up his nose every month.
wishstar
(5,272 posts)as a literal cokehead!
brewens
(13,636 posts)not! On MSNBC.
njhoneybadger
(3,910 posts)Bengus81
(6,936 posts)He can bring all the same sound effects shit he has on his set to his WH office and tell us how great that massive tax cut for Corporations is.
Honeycombe8
(37,648 posts)Some of the best advice I've gotten is from Cramer. The serious analysts poo poo him, but they're jealous. Cramer has a proven track record of successful investing of funds for others (and himself). But no analyst is always right.
He's pretty good at spotting a bottom vs a false bottom. Less successful at whether a company will do well in a particular year; stock prices sometimes have little to do with the fundamentals of a company.
oberliner
(58,724 posts)edhopper
(33,650 posts)is a moral-less, TV blowhard idiot. He should stay as long as Trump does.