Set forth below is the text of a comment that I recently put to another blog entry at this site
Rob’s verdict: Shiller is just another cowering Goon, living in fear
No one who lives in the United States has ever seen anything like the 12-Year-Long Campaign of Terror against those of us who have posted honestly on safe withdrawal rates and other crtitically important investment-related topics on the internet, Anonymous.
Death Threats. Demands for unjustified board bannings. Tens of thousands of acts of defamation. Threats to get academic researchers fired from their jobs.
There are reasons why the people of the United States elected to make it a felony for anyone to participate in an act of financial fraud of that magnitude.
There is a reason why you and your fellow Goons and perhaps a good number of the Wall Street Con Men will be going to prison for a long time following the next price crash.
Yes, Shiller fears all that hate and anger and abuse.
He is one of the humans. ALL the humans fear that sort of thing, as we have seen for 12 years now.
And please note that it is ONLY Buy-and-Holders who embrace such acts of hate and anger and abuse. We have never seen the advocates of any other investing strategy embrace such tactics on even a single occasion.
I wonder why.