walkitout (walkitout) wrote,
walkitout
walkitout

File Under Schadenfreude

I erratically read a few blogs, including Paul Krugman's at the NYT:

http://krugman.blogs.nytimes.com/2014/09/27/gross-gone/

Pretty sure that's a reference to _Gone Girl_, formerly a best selling book, currently a high profile movie. Compared to the sorts of comparisons Gross regularly made in his writing, that's incredibly subtle. Speaking of that kind of comparison, McBride over at Calculated Risk also noted that Gross is out at PIMCO.

http://www.calculatedriskblog.com/2014/09/trivial-bill-gross-and-yoga-in-2007.html

That's an innocuous title. In this post, McBride explains -- 7 years and 3 months later -- a post Tanta made Back In the Day that included an inside joke. Go read the older post. Tanta was always worth reading. [ETA: I sure love McBride. He really illustrates what bloggers can do and be. Right, with patience, a long memory and documentation. I'm rarely any of that, but I admire it when I see it.]

If there is anyone on the planet alive today (other than war criminals) who deserves to be kicked while they down, it is Bill Gross. My sincere and heartfelt thanks go out to Krugman and McBride for doing it with a degree of class that Gross himself never once displayed.

I am unable to express the joy I feel at seeing this ridiculously puffed up idiot finally brought down to nearly the level I feel he belongs. I've had an insane number of arguments with otherwise more or less sensible people, trying to convince them that worrying about inflation is Not What They Should Be Doing Right Now. And most of those people were sheep in the flock of this particularly bad shepherd. But that's not even why I loathe Gross. I loathe him for his abuse of the English language in general, his constant retreat into cliche and his relentless display of white male privilege.

I'm trying to figure out how this compares to watching Reinhart and Rogoff go down. I think this is actually more satisfying. It also bodes really well for our future policy choices -- this is one more road block to sanity that has been reduced.
Tags: our future economy today
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