Comments on: Gerard Henderson: Steve Keen is no psychic

By: George Penney

George Penney — Thu, 01 Jan 1970 10:00:00 +0000

Steve Keen believes property prices will drop 40% in the next few years. Steve Keen is selling a property. That sounds logical. Why wait for the 40% drop in prices?

Gerard Henderson thinks Steve should immediately accept his offer of 40% below the asking price to prove “he is not publicly preaching a property-values-will-fall mantra while privately assuming that his own property can remain at its current market value”. There is no logic to that.

By: AB Santa-Anita

AB Santa-Anita — Thu, 01 Jan 1970 10:00:00 +0000

Typical Henderson. Keen’s put an argument out there, which may or may not be correct. But Henderson in his typical deeply unpleasant manner not only attacks the man, but sniffs around some pgoto of his partner too. The response above is snide without humour or wit. The man is chafed thighs. He’s broken chalk on a blackboard. A wet fart in terry-towelling. The smell of a bar fridge that hasn’t been opened for a couple of years in a rumpus room you’re cleaning out during an attack of the flu. Add your own.

Does Henderson actually have an argument about why Keen might be wrong? Or is he just bitter about someone else’s fame? Or desperate to serve capital by talking it up? He began by arguing that the whole financial crisis had been caused by Jimmy Carter’s 1977 Community Reinvestment Act - the approved right wing response, which was so arsefuck dumb that they soon abandoned it. Now they just attack anyone with a negative prognosis as ‘wanting it to fail’. It’s worth asking whose flute Henderson is tootling. After all the Sydney Institute was funded by the crook Rodney Adler for quite a while, and ripped off money undoubtably paid for a few canapes. Who’s footing the bill these days?

By: Peter

Peter — Thu, 01 Jan 1970 10:00:00 +0000

WTF? This was a lame response even by Henderson’s lame standards. The poor guy wants out of the housing market BEFORE it drops 40 percent, dimwit.

By: RJG

RJG — Thu, 01 Jan 1970 10:00:00 +0000

God Gerard you are a bore! Why dont you give us all a rest?

By: reality too unpalatable

reality too unpalatable — Thu, 01 Jan 1970 10:00:00 +0000

Gerard - if you are suggesting they pay you too much and Professor Keen too little (such that he needs an ARC grant to find rental accommodation) you are absolutely right - but who is it that really pays you and tells you what to chant and where is your research? If you lose your job as a second rate newspaper hack columnist because people get bored with the same old same old, there is always being a shoeshine boy. Bush is looking for another one since John Howard got turfed out.

By: Mick

Mick — Thu, 01 Jan 1970 10:00:00 +0000

More playing the man, Gerard. You have nothing to do now the culture wars are lost, and your mate is long forgotten. Hey, if Keen’s wrong the Rudd and Swan team’s handling of the big bad GFC will trump Howard and Costello’s overblown Asian Financial Crisis.

You should be on Keen’s side!

By: Paul

Paul — Thu, 01 Jan 1970 10:00:00 +0000

Although I consider the publicity spiel concerning the sale of his apartment to some degree a little beneath the standard one would expect from an academic, it's understandable that the good professor would see fit to adopt that tactic so as to better engage with a wider audience outside the economics faculty.

Rather than quote the good professor from tabloid paper and TV clips, why don't you go through the extensive material he's written and start your critique there?

The fact that you don't, but rather choose to express your low standard of wit from the sidelines, says a great deal about you and very little about him.

By: AR

AR — Thu, 01 Jan 1970 10:00:00 +0000

As with the Crichton-Browne screeds, please pretend that my subscription hasn’t been used to pay Henderson.
Wot Reality sed - Whoever does bankroll his “privately funded Sydney Institute” must be reconsidering due to his total irrelevance since the Ratking departed.