Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
No one supportsyour position. Got it.
Ever hear of the phrase “pissing in the wind”?
I didn’t say that no one supports my position, Anonymous. I said that as of today no one has worked up the courage to SAY PUBLICLY that they support my position.
That’s what we need to change. When we reach a point where everyone in this field is openly talking about the massive act of financial fraud that brought on the economic crisis, we all move to a far better place than where we are, a place where deep in our hearts each and every one of us would prefer to be.
We will all be presented with new opportunities to show our love for our country following the next price crash. It is my strongly held view that we are all going to make it safely to the other side of The Big Black Mountain and that, once we do, not one among us will ever look back to the Buy-and-Hold Era with any feelings of regret.
But we are just going to have to wait to see how it all plays out to know for sure.
I long to see EVERYONE using words and terms like “Goons” and “financial fraud” and “prison sentences” on a daily basis. You don’t bring a massive act of financial fraud to a complete and total stop by covering it up. You bring a massive act of financial fraud to a complete and total stop by EXPOSING it. This is just common sense. This is how it is done in every field of human endeavor other than investing analysis and this is how it will have to be done in the investing analysis field as well.
These are my sincere thoughts re these terribly important matters, in any event.
My best and warmest wishes to you and yours.