I have long maintained that Lawrence Kudlow could be bashing the FED for overly tight monetary policy on Tuesday and then turn around and bash the FED for overly expansionary monetary policy by Thursday. It seems his guest on his Tuesday show were all elated at the recent FED moves. It was not too long ago that Kudlow was for a strong dollar policy that included a tighter monetary policy. I’m tempted to say that Kudlow’s incessant flip-flopping on this topic is the height of mendacity. But then I have to wonder if he even knows how inconsistent his various pieces of FED bashing really are.