Lew, in addition to this stupid comment from Paul McCulley, he had an entire arsenal of asininity behind him today. McCulley is known for his complete lack of substance because he never says anything that can be clearly defined. And not ever is he called upon to clarify or define his painful use of clichés and other assorted meaningless answers to questions. Today on Squawk Box he said the following:

- Obama's plan for the economy has got us "ready to roll."
- When asked some specifics about the plan, he said the economy needed the additional push to "get the ball across the goal line."
- When asked how the bailouts affected "fairness" in terms of who will/will not receive the booty, all he could muster was, "well, sometimes things don't smell very good, but even if they don't smell good, it doesn't mean we don't need to do them."
- Finally, his last great and intelligent piece of analysis was that the "economy is an intensive care unit patient, and the government is the attending physician." He proceeded to tell viewers how necessary it was to "partner" with government to resuscitate his profits for PIMCO the economy.

Of course, no one who interviews McCulley ever challenges him and asks him how much money he makes from his "partnership" with government. Among other things, the Keynesian pimps at PIMCO run the Federal Reserve's $251 billion commercial paper program.