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Preview: Comments on: Podcast #126 — When Government Spending Can Solve a Problem and When It Cannot

Comments on: Podcast #126 — When Government Spending Can Solve a Problem and When It Cannot



The Old Ideas on Saving & Investing Don't Work -- Here's What Does



Last Build Date: Fri, 20 Apr 2018 02:13:15 +0000

 



By: Rob

Fri, 10 Jul 2009 21:45:45 +0000

Arty asks some good questions about The Investment Strategy Tester at the comments section for yesterday's blog entry. Those interested might want to take a look: http://arichlife.passionsaving.com/2009/07/09/passive-investing-is-for-extremists-the-critique/comment-page-1/#comment-2358 Rob



By: Rob

Fri, 10 Jul 2009 16:23:24 +0000

We had a breakdown of information from official sources. Yes. The great power of the internet is that it gives all of us a way of running our ideas past others and finding weaknesses in them. But we negate that power when we ban honest posting. Allowing honest posting is key, in my assessment. They just did not know. There's no question but that there was a time when they just did not know. There is also no question but that for some time now they have known something was wrong with their ideas but have not wanted to learn the details. We need to move on at this point. We have seen too much damage to the economy and too much human misery. I believe that we all need to work together to persuade the "experts" to learn how to pronounce the three magic words. It is my strongly held belief that even the "experts" are going to feel a lot better about the future after they do so. It's a win/win/win/win/win with no potential downside that I am able to imagine. Rob



By: John Walter Russell

Fri, 10 Jul 2009 15:56:34 +0000

I believe that the key is opening up the internet to honest posting on investing topics. This would help a lot. We had a breakdown of information from official sources. They just did not know. Have fun. John Walter Russell



By: Rob

Fri, 10 Jul 2009 15:52:16 +0000

Popping bubbles causes a lot of damage. I believe that the proper way to pop a bubble is to stop it from growing in the first place. So long as middle-class investors are permitted to discuss the realities of stock investing amongst themselves, markets are self-correcting and bubbles are a logical impossibility. I believe that the key is opening up the internet to honest posting on investing topics. Honest posting provides a foil to the marketing campaigns of The Stock-Selling Industry. Rob



By: John Walter Russell

Fri, 10 Jul 2009 14:18:12 +0000

Rob, Government solutions to the bubbles failed. Alan Greenspan recognized a stock market bubble, warned the public and, when he did not see an instant correction, convincing himself that the economy had changed permanently--and the market was right. Popping bubbles via the Federal Reserve has had its problems. There has not yet been a satisfactory way to do it. Popping bubbles causes a lot of damage. Doing nothing also causes damage. The market was going sideways under Bush, gradually correcting itself. The liquidity crisis was a precipitating event. Valuations were going to come down eventually. The only question was how rapidly. Have fun. John Walter Russell



By: John Walter Russell

Fri, 10 Jul 2009 14:13:06 +0000

Rob, The "elephant in the room" is permanent tax rates. Kennedy-Reagan-Bush permanent tax rate cuts worked exceedingly well. They increased Government revenues. The liquidity crisis is over. What we are seeing today is a tremendous drag as tax rates are zooming through the roof. Businesses are hunkering down in order to survive. Have fun. John Walter Russell