I’ve seen some fine wanking in my time but not like this. The man from CNBC is a master. Here’s what he said about the loss of life in Japan yesterday:

In these tough economic times, isn’t it nice to know that calamitous natural disasters needn’t have an adverse affect on your investment portfolio? After the 8.9-magnitude earthquake in Japan failed to induce a market nosedive, CNBC’s Larry Kudlow expressed his relief in terms that seemed to appall even his fellow cheerleaders for capitalism: “The human toll here,” he declared, “looks to be much worse than the economic toll and we can be grateful for that.”

His co-host later said that the US stock markets were up because traders saw the devastation in Japan as good economic news for America. Well, for American stocks anyway.

For the video, just take a peek at this Vanity Fair link.