If it were an attempt at humor, I might have laughed. Well, actually I did laugh;.

By calling Wall Street's bloodbath of back-to-back losses, which included the worst day on Nasdaq in five months, a "slow start to the year," he proved he is devoid of any connection to the real world.

Even the technical indicator programs appear stressed out this week -- and we're only two days into it.

The Dow didn't fare much better either as U.S. equity prices reverted to the level they held December 14, when the Federal Open Market Committee held their private meetings " the one where these central bankers fretted over the return of inflation and what would happen to interest rates in 2005.

So these gentle persons allowed the public to enjoy their Happy Holidays, holding back their report until today;.another "slow day" as per Kudlow.

How did this guy get to be the associate director of economics and planning in the Office of Management and Budget during the Reagan administration?

cluck, cluck, cluck;I think I can hear the chickens coming home to roost.

BCara@BillCara.com