Someone's Going To Give Himself A Hernia

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Part II
I'm Dennis Kneale, it is 8 o'clock on a Wednesday of the July 4th holiday weekend and the great recession is still over
I started this anti recession rant one week ago and I'll tell you every day another new indicator of hope emerges to bolster my contrarian call
This recession is ending right here right now
We've got a couple more encouraging numbers today and I'll get to them in a moment but first I gotta say, ouch!
Last night, on this show, I stirred up an angry hornets nest in the blogs
You know when I criticized their mean-spirited negativity and bashed them for hiding behind the cowardly cloak of anonymity
I called them dickweeds, a form of pondscum
They have howled with outrage across the blogosphere
Blog sites like Dealbreaker, Gawker, Huffington Post, Business Insider, Zero Hedge, Annuity IQ and more have incited an online mob to rush to their defense
One result: when you enter my name into Google, 'dennis kneale cnbc' shows up first
In the number two position, rising w a bullet 'dennis kneale idiot' 14,000 entries and counting

Hundreds of posts went up today, some made veiled death threats, others issued more transparent calls for lesser violence
They're gonna "breaka my face," and "give me good wuppin'"
On Dealbreaker there was this: "DK needs to be put in a burlap sack and beaten with reeds"
Thanks for that
And then there's this one on Gawker: a sly reference comparing me to Beaker the Muppet: "his mouth is moving but all I hear is meep meep meep"
Funny stuff guys
Apparently they see a resemblance between me and Beaker
I gotta say frankly i think i look more l like Dexter or Dilbert
Here's an erudite post in Business Insider blog: "Kneale is functionally retarded"
I haven't heard that since like sixth grade
I also gotta say, way too many homoerotic and anti-gay comments
What is wrong with you guys?
Are you still ten years old and bullying kids on the playground?
But, this bitter backlash has given me pause
Maybe I painted with too broad a brush?
Perhaps I was unduly harsh?
And then it came to me: No I wasn't!
I'm not sorry at all!
I meant every word of it!
I don't bother reading the vitriol spewing out from these miscreants and digital imbeciles
but apparently they're watching me
Nanny nanny boo boo
Bloviating bloggers and their complainers: I welcome their complaint and dissent
But I gotta ask: why are they so threatened by holding out a little hope?

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Carl Icahn Gives Son Four Years To Prove Himself

Ten years ago, Carl Icahn hired his son Brett to be an analyst at Icahn Enterprises and the kid didn't fuck anything up so he got to keep his job. Two year ago, Carl gave Brett and another employee, David Schechter, $300 million to invest under the "Sargon portfolio," and the guys returned 96 percent (before fees) through June. Last month, Carl tossed the duo an additional $3 billion and a contract that expires in 2016, at which time Papa Icahn will either officially Brett a worthy successor or offer to serve as a reference for his next gig. Under a 46-page legal agreement filed with federal regulators last month, Brett Icahn and Schechter will get to invest their boss’s capital in companies with stock market values between $750 million and $10 billion. The deal may free the elder Icahn, who still has final say over many aspects of the portfolio, to focus on larger targets for shareholder activism. Brett, who turns 33 this month, along with Schechter has been running $300 million for his father, who owns more than 90 percent of Icahn Enterprises LP, a holding company with $24 billion in assets including activist investing partnerships as well as the Tropicana casinos, an oil refiner and an auto-parts maker. The arrangement expires after Carl turns 80 in 2016, giving Brett the chance to both prove his mettle as a successor and develop a track record to start his own hedge fund. After hiring Brett as an investment analyst a decade ago, Icahn allocated the $300 million to his son and Schechter in April 2010 to invest in loans and securities of companies with less than $2 billion in equity value. Their investments, internally dubbed the Sargon portfolio, generated a gross cumulative gain of 96 percent by the end of June, according to a July 27 filing with the U.S. Securities and Exchange Commission...“These two guys doubled our money over the last two years,” the elder Icahn said in an interview. “You can’t complain about that.” Carl Icahn Hands Son Brett $3 Billion To Prove His Mettle [Bloomberg]