Where are the apologies?
I’ve generated hundreds of important investing insights in my podcasts and weekly columns and articles and discussion-board comments of the past 10 years. The Buy-and-Hold Machine is not happy to see me telling people about those insights and yet has not been able to find any flaws in the academic research that supports them. Let’s say that the insights are all baloney. Let’s say they are all wrongheaded. All but one. The first one cannot be wrongheaded because even The Buy-and-Hold Machine now (tens years later) agrees that that one is on point. The Old School safe-withdrawal-rate studies got the numbers that millions of middle-class people used to plan their retirements wildly wrong. There’s no argument anymore than I am off base re that one. We have achieved a consensus at least re that one.
So where are the apologies?
I am owed an apology re that one even if every other insight I have generated is baloney, no? It was no small insight. One of the primary reasons why people invest in stocks is to finance their retirements. The Old School studies didn’t get the retirement numbers a little wrong, they got them wildly wrong. A failed retirement is a serious life setback. I helped everyone out — or at least I tried to help everyone out — when I dared (it took courage) to step forward and tell the truth about safe withdrawal rates. I helped — or tried to help — the retirees who would have suffered failed retirements if I didn’t work up the courage to take on The Machine (the retirees may suffer failed retirements all the same because of the ten-year cover-up but I also spoke out in the strongest possible terms against the cover-up). And I helped the “experts” in this field who were leading the cover-up. They have incurred hundreds of billions of dollars in potential legal liabilities. I did all I could to help them avoid those liabilities. No?
So where are the apologies?
Where are the expressions of gratitude? John Bogle has not sent me an e-mail saying “Thanks, man!” Huh? What’s the problem here?
Where are the offers to help me spread my ideas far and wide?
Where are the links to my web site?
Where are the articles demanding that the Goons drop their Campaign of Terror against our board and blog communities, including a number of communities that I built pretty much with my bare hands?
Is there a problem?
There is a problem.
We are ashamed.
All of us.
We need to get over it.
Do you know why the Buy-and-Holders act like they know it all? A number of people who agree with my general take have said that it is because there is money in it. What industry wouldn’t want people to believe that the product it offers for sale is worth buying at any price imaginable? That’s what Buy-and-Hold says, is it not? When the stock-selling experts tell us not to time the market, what they are really saying is not to take price into consideration when buying stocks. Just buy stocks! Lots of them! Price be darned! As Church Lady might observe, “How convenient!”
I certainly agree that money-making comes into play here. I do NOT believe that this is the primary problem, however. I think that some of my friends may at times fall into the trap of being a little too cynical.
Say that we were to open up every internet board and blog to the discussion of Valuation-Informed Indexing. Say that the idea spread like wildfire. Say that one year from now 90 percent of investors were Valuation-Informed Indexers. Would the profits of The Stock-Selling Industry go up or down?
They would go up. Investors who understand how stock investing works have confidence in their financial futures. People who have confidence in their financial futures buy stuff. If most investors became Valuation-Informed Indexers, the fears that keeping consumers from spending and extending and worsening our economic crisis would be overcome. We would see an economic boom. And investors who understand how stock investing works buy more stocks than investors who are intimidated by the subject. Valuation-Informed Indexing is common-sense investing. If the experts got behind the idea, more people than ever before would buy stocks. The transition from Buy-and-Hold to Valuation-Informed Indexing would be a boon for millions of middle-class investors and for the industry that advises them both.
So this is not really a money thing. Those who participated in the ten-year cover-up of the errors in the Old School SWR studies are worried about lawsuits. To that extent it’s a money thing. But the opposition to honest posting came long before lawsuits were a big concern. The core problem here is something different. If we are going to overcome this mysterious force that is holding us back from an economic boom and that is threatening to pull us into the Second Great Depression, we need to develop a true understanding of what it is.
What is really at the core of all this craziness?
On the surface, it appears to be arrogance. The Buy-and-Holders don’t admit mistakes. They don’t ever, ever, ever, ever, ever admit mistakes.
But what’s behind the arrogance? Why are they like this?
Say that you were a doctor and that you thought that cutting someone open might help them with their problem but you were not sure. What would you do? A lot of us would not be able to cut unless we were sure. So we would try to convince ourselves that we were sure. Then, if there were a bad result and someone questioned our decision, we would become angry and defensive. The person questioning the choice is giving voice to our own doubts. So their words really hurt. And it becomes important to us to silence that voice.
That’s why the Buy-and-Holders hate me. It’s not that I am saying something they don’t think makes sense. If they thought that what I said doesn’t make sense, it wouldn’t bother them. They would laugh it off. They wonder themselves if what I am saying is right and, when I give voice to their doubts, it makes them go crazy. The want me to shut up. And I won’t. Not because I want to hurt them. Because I believe that they are on the wrong track and that deep in their hearts they want to be on the right track. So I am doing for them what they would want me to do for them if they were able to think straight about these issues.
Why can’t the doctor acknowledge that he really doesn’t know if cutting is a good idea or not? Because cutting is a big deal. No one wants to be cut for no good reason. You can’t just go ahead and cut unless you are sure. Unfortunately, the humans are born ignorant. We don’t it all. Sometimes we are guessing. That’s sometimes so even when we are making decisions as important as whether to cut another human body or not.
If a perfect world, the investing experts could continue doing studies until they learned everything there is to know and only then offer any advice to investors. We don’t live in an ideal world. In the world in which we live in people need investing advice TODAY. We don’t have perfect information today. So we might mess up. But we cannot take a pass. We have to recommend something.
The Buy-and-Holders did the best they could given the limited extent of their knowledge when they designed the Buy-and-Hold Model. But, since the matter they were advising people on (what to do with their retirement money) was so important, they acted like they were a lot more confident than they were. And, because they cannot stand the thought of having caused the great human misery they caused if they really are wrong (as they now suspect), they become highly defensive when challenged. They cannot admit they were wrong. They feel that their lives will have been wasted if they admit that.
I don’t say that the investing experts did nothing wrong. What I say is that we all did wrong too. We should have made clear to them that we don’t expect them to have all the answers. We never should have started calling John Bogle “Saint Jack.” That put him in a terrible spot. That made it that much harder for him to acknowledge his mistakes. He feels that he needs to live up to the exalted view we have of him. We would have been better friends if we had made it a practice to ask hard questions of him, to always challenge him to learn more and to sharper his ideas over time.
So it is not only John Bogle who today is feeling shame. All the people who followed John Bogle’s ideas are feeling shame too. That’s most of us.
The shame makes us defensive and our defensiveness causes the problem to grow worse and the problem growing worse makes us feel more shame. We’re caught in a trap of self-recrimination.
I believe that the next price crash will help. The next crash will scare us more than did the first one. People who become very scared give up their pride in desperation. If we give up our pride, we will open our minds to accepting ideas that show that we got things wrong in earlier times. That sort of thing doesn’t seem like such a big deal when things reach a point where your way of life is at risk.
We need to hurt. We need to suffer. It’s the only way past the defensiveness and the anger and the shame that keeps us in ignorance today.
We all want the same things. I did not develop the Valuation-Informed Indexing concept by myself. Hundreds of people helped me. Including lots of Buy-and-Holders. Including John Bogle.
I wish that John Bogle and my other Buy-and-Hold friends could see that and that it could help them feel less ashamed of the mistakes they have made. If they felt less shame, they would find it easy to thank me. And I would find it easy to shake their hands and say “don’t worry about it” and begin working together with my Buy-and-Hold friends to rebuild our broken economy.
What is really at the core of all this craziness?
On the surface, it appears to be arrogance. Rob “hocus” Bennett doesn’t admit mistakes. He doesn’t ever, ever, ever, ever, ever admit mistakes.
This is a hilarious article Rob. Even if you were right (and you are more wrong/crazy than in the ballpark of ‘right’), you are too much of an ass for anyone to every apologize to you.
A couple more points.
1) I don’t think anyone hates you, you are just incredibly annoying so people kick you off of websites. I am not sure anyone cares enough about you to actually hate you.
2) I am pretty sure no one is ‘worried’ about lawsuits on this topic orgininating from Rob Bennett. Mostly because any such lawsuit would be baseless and you are barely coherent (as this article shows).
Suffering? If anyone is suffering, it is you. Because you made terrible financial decisions which, unless you are bailed out by someone dying and leaving their assets to you, condemn your family to living around the poverty line.
Your story has nothing to do with lawsuits or the stock market. It has to do with you being an idiot who quit his job and has been performing mental masturbation for more than a decade since.
Rob “hocus” Bennett doesn’t admit mistakes. He doesn’t ever, ever, ever, ever, ever admit mistakes.
I knew that the numbers in Greaney’s SWR study were wrong on the first day I posted to the Motley Fool board, Evidence. That was in May 2002.
I didn’t say anything. I was afraid.
That was wrong. no?
I just admitted it.
Now it’s your turn.
Rob
you are too much of an ass for anyone to every apologize to you.
You call me an “ass” because it hurts for you to acknowledge that you were played for a fool by the stock-selling experts, What.
I did nothing to you. I told you the straight story.
When we stop thinking of those who tell us the straight story as “asses,” we will all be a lot better off in about a thousand different ways.
My sincere take.
Rob
I am not sure anyone cares enough about you to actually hate you.
Here’s Greaney’s site:
http://www.s152957355.onlinehome.us/cgi-bin/yabb2/YaBB.pl?board=HOCO
That’s been going on for ten years. That’s hate.
It’s not a close call.
Rob
I am pretty sure no one is ‘worried’ about lawsuits on this topic originating from Rob Bennett.
So long as I let people know that there are lawsuits coming, they know where they stand and my conscience is clear.
The rest of it is out of my hands, What.
Rob
It has to do with you being an idiot who quit his job and has been performing mental masturbation for more than a decade since.
Good point, What.
Truly outstanding!
Rob
I knew that the numbers in Greaney’s SWR study were wrong on the first day I posted to the Motley Fool board, Evidence. That was in May 2002.
Your first post on the Motley Fool board was in May 1999.
That’s correct, Evidence.
I should have said May 1999.
It wasn’t until May 2002 that I pointed out the errors in the study.
That was wrong, wasn’t it?
That was cowardly, wasn’t it?
Why do you think I held off?
It was for all the same reasons that people hold off today.
That’s why things are such a mess today. We are all going to need to stop being afraid to say out loud what we know about how stock investing works. When we stop being afraid, we are going to make amazing progress together in a very short amount of time.
I can’t wait!
Rob
No, I call you an ass, because you are an ass.
No, I call you an ass, because you are an ass.
Every investor who I have come across who has behaved as you do here has been a Buy-and-Holder, What.
I think that tells us something.
When you make a decision to follow a research-based strategy, it is important that the research you use be research that gets the numbers right.
I’m here for you if there comes a time when you are more able to engage in civil and reasoned discussion of the investing realities.
You have my best wishes.
Rob
How do you know what “what”‘s investment strategy is Rob?
How do you know what *mine* is, for that matter?
In fact, how do you know what *anyone’s* is, except for your own (as you publicly espouse a philosophy that you do not follow yourself, by the way)
You know, just blindly branding anyone who disagrees with you as being a certain type of investor is pretty crappy logic, there, Mr. Journalistic Integrity Reporter Guy.
In fact, though you have purposely turned a deaf ear to it, over on the Rob’s Hocomania Forum that you post at most every day, many posters have directly TOLD you they do NOT consider themselves buy-n-hold or passive investors or advocates thereof, and that their purpose for following the saga and/or posting is merely YOU.
So, Rob, just as you’ve always wanted, YOU are the show. Now, aren’t you proud?
And won’t Rodd and Todd be proud too, when they see how Pop spent his days?
How do you know what “what”‘s investment strategy is Rob?
The safe withdrawal rate is the product of a numerical calculation, What. I discovered an error in the calculation and reported on it to a Motley Fool discussion board in May 2002. The Old School studies have not been corrected to this day.
That’s obviously an odd reality, right?
That’s how I know.
Anyone who was not a Buy-and-Holder would just correct the study and be on his way, right?
So I know you are a Buy-and-Holder. Why else would you be so nasty? What other possible motive could you have?
I am not responsible for the errors in the Buy-and-Hold strategy. All I have ever done is to point them out.
What the heck are you so angry about? You’re obviously not angry at me because I haven’t done anything to justify anger. You’re angry at DRIP GUY because Drip Guy was taken, Drip Guy was played for a fool, Drip Guy was played.
If you cannot deal with it today, you cannot deal with it today. But there is no other possible explanation for the behavior.
If it were just you, it wouldn’t matter except to you. But there are millions like you, Drip Guy. Millions of us were taken. Millions of us were played for fools. Millions of us were played.
I’ve pointed it out before and I’ll point it out again. That’s all I can do. I cannot MAKE you care about obtaining good investing results. That’s an inside job.
If you want help, I’ll help you. If you just want to vent, I suppose you will just continue to vent.
We have a problem and we need to get about the business of fixing it. We are doing serious harm to the public’s confidence in our economic and political systems. So this is a big deal.
But I cannot solve the problem on my own. I need the help of lots of people. When people are willing to help, I will be here. Until then, the best thing I can think of to do is to make the offer and try to be patient.
Are you okay with that? Or does even that fill you with rage?
Rob
He didn’t seriously name his kids ‘rod’ and ‘tod’ did he?
“So I know you are a Buy-and-Holder. Why else would you be so nasty? What other possible motive could you have?”
Other possibilities include that I enjoy Internet freak shows, and you are a special flavor indeed.
I don’t believe you, What.
I think you are hurting.
And I think that people like John Bogle and Bill Bernstein and Larry Swedroe and Scott Burns should take a look at what they are doing to people and stop doing it. There are responsibilities that go with making a living giving investing advice.
That’s my sincere take, in any event.
I wish you all good things, What.
Rob
The safe withdrawal rate is the product of a numerical calculation, What. I discovered an error in the calculation and reported on it to a Motley Fool discussion board in May 2002.
No you didn’t. What you said was that you didn’t understand the concept of a negative portfolio balance after 31 years.
That makes a lot of sense, Evidence.
Good point.
Rob
”
I am not sure anyone cares enough about you to actually hate you.
Here’s Greaney’s site:
http://www.s152957355.onlinehome.us/cgi-bin/yabb2/YaBB.pl?board=HOCO
That’s been going on for ten years. That’s hate.
It’s not a close call.
Rob
”
and yet you post there with great regularity, and in fact make it point to always have the last post in every thread. if it’s so hateful toward you, why go there? spend your time in more productive places.
if it’s so hateful toward you, why go there?
Because it’s not all about me, Canyon.
Greaney started that board because hundreds of community members at the Motley Fool site expressed a desire that honest posting on safe withdrawal rates be permitted at the Motley Fool board. Greaney needed a way to intimidate and punish those who post honestly. So he set that board up and has his Goons travel to any board or blog that permits honest posting for a time.
When you count all the boards and blogs, there are now thousands of us who have expressed a desire for honest posting. When you count all the middle-class investors who are affected by these issues, the number is in the millions.
I’m the guy who discovered the errors in the Old School retirement studies. So I’m the leader of the group saying that honest posting should be permitted. So I need to make a statement when Greaney or Lindaurer or any of their Goons engages in intimidation tactics. How else are we ever going to get to a point where our right to post our sincere beliefs are respected?
If all of my fellow community members spoke up in a firm and clear and bold and uncompromising way, I would’t have to post there. It wouldn’t matter. Once we open all the boards and blogs that have banned honest posting, the Goons have zero influence.
We are not there today. That’s why I continue to post at Greaney’s site.
I’m there to help. I try to respond effectively to every question that the Goons ask that contains even a hint of possible sincerity. And I respond to the obviously insincere ones with short strings of random numbers and letters. That makes a statement — Those of us who believe that honest posting should be permitted on safe withdrawal rates and on many other critically important investment-related topics are not going away.
Do you have any suggestions for better ways to fix this problem?
Rob
spend your time in more productive places.
The Linduarheads and Greaney Goons make it a practice to follow me to every board and blog to which I post, as you well know, Canyon. When an academic researcher (Wade Pfau) published peer-reviewed research showing that everything I have been saying for 10 years is supported by the 140 years of historical data available to us today, they even went so far as to threaten to send defamatory e-mails to his employer to get him fired from his job as his punishment for having published honest research on stock investing.
This problem gets solved when people like John Bogle and Bill Bernstein and Scott Burns and Larry Swedroe speak. If they are too afraid of Mel Lindauer and John Greaney to say anything, they are not cut out for this line of work. When people’s heads are filled with Get Rich Quick fantasies, it hurts for them to learn the realities of stock investing as revealed by the last 30 years of academic research. We need to stop ducking the issue and get about the business of addressing the issue.
I wish you well.
Rob
“I think you are hurting.”
In what possible way?
“So long as I let people know that there are lawsuits coming, they know where they stand and my conscience is clear.”
I think everyone has heard about your imaginary lawsuits so you can probably stop yapping about them. Consider the entire Internet ‘on notice’. The only time anyone would be worried about it is if you get locked up in a mental institution and your cell mate (I don’t even think they have cell mates, but it is a funny image) is a crazy lawyer. That would be hilarious, and probably inconvenient for people whose names you actually know.
“When you count all the boards and blogs, there are now thousands of us who have expressed a desire for honest posting.”
You always say this, but how come none of them post here? Oh ya, its becase your are an ass AND these thousands of people are imaginary. Even people like Arty who give you a HUGE benefit of the doubt eventually realize you are a crackpot and a jerk.
“No, I call you an ass, because you are an ass.
Every investor who I have come across who has behaved as you do here has been a Buy-and-Holder, What.”
I would guess that a surprising super majority of non-buy-and-holders consider you a complete ass as well.
That makes a lot of sense, Evidence.
Good point.
Here is the quote
http://boards.fool.com/price-adjusted-safe-withdrawal-rates-17209214.aspx
“The data that turned up for 1969 concerned me. As I read the data, it appeared to me that had I made an 80 percent stock allocation in 1969, I would now (31 years later) have lost all of my investment and be bankrupt. Is that true? It’s possible that I don’t understand how the calculator works, but that result was disturbing to me. The actual portflio figure that the calculator gave was that I would now have a negative $31,035. I don’t understand the concept of a negative portfolio value. That’s what makes me a little uncertain as to whether I am reading the results correctly.”
I think everyone has heard about your imaginary lawsuits so you can probably stop yapping about them. Consider the entire Internet ‘on notice’.
The entire internet is obviously not today on notice.
I will continue mentioning it to the extent demanded by my conscience. Not more and not less.
Rob
You always say this, but how come none of them post here?
Why does John Bogle not speak up?
Why does Bill Bernstein not speak up?
Why does Scott Burns not speak up?
Why does Larry Swedroe not speak up?
We have created a first-class mess for ourselves, What.
It doesn’t get easier with time. It gets harder with time.
The best time to acknowledge a mistake in when you first learn of it.
Once you engage in a cover-up, the next step down is to cover up the cover-up.
We hit that step 10 years ago.
Still, there’s a lot of good stuff on the other side of The Big Black Mountain.
Rob
What does John Bogle ‘not speaking up’ have to do with thousands of imaginary people who ‘support you’ not posting on your website?
Oh ya, nothing.
So where are the apologies?
Where are the expressions of gratitude?
Where are the offers to help me spread my ideas far and wide?
Where are the links to my web site?
Believe it or not, it’s not all about you. Get over yourself.
What does John Bogle ‘not speaking up’ have to do with thousands of imaginary people who ‘support you’ not posting on your website?
It has everything to do with it, What.
Bogle has a big name in this field. People trust him.
If Bogle were recommending my site every day, there are thousands of people who would visit it. And those thousands would tell thousands of their friends. That’s how it happens.
I need Bogle. I need Bernstein. I need Swedroe. I need Burns. I need all of them.
I’m not willing to post dishonestly on SWRs to get them. That’s not the answer.
But I do need their help. This is not a one-man job. We all need to be working together. We all want to become effective investors and see the economic crisis brought to an end. So we all need to do our part in making it happen.
Rob
Believe it or not, it’s not all about you.
I could say those words right back at you, O.
One of the big concerns of the Buy-and-Holders is that, if we permit honest posting, Rob Bennett is going to become rich and famous for being the person who developed and promoted the Valuation-Informed Indexing concept. You know what? it won’t be just me. There’s room for hundreds of people to become rich and famous promoting the first truly research-based investing strategy. You could be one of them.
Do you remember the offer I made to John Greaney when we discovered the errors in his SWR study? I said that I would be happy to work with him to develop an analytically valid SWR methodology. I think it would be fair to say that he would be in a very different place today had he taken me up on that offer.
That’s true for all the “experts” who are dragging their heels today. Wade would have eventually been published in the Journal of Finance, just as he envisioned. THe Goons are NoWheresVille. They are yesterday. He is an idiot to align himself with them. That’s NOT how you get published in the Journal of Finance. Yes, he was going to have to hang in there a bit, show some patience. That’s the way it is today. You know what? THAT’S WHY HE HAD THE OPPORTUNITY AVAILABLE TO HIM. If winning the Nobel prize were easy, everyone would have at least one of them. Wade had one handed to him on a silver platter. I think it would be fair to say that it was not the brightest move he ever made in his life to piss it away.
It’s not all about me. Not by a long shot. It’s about all of us. All of us are affected by this economic crisis and we all need to be concerned enough about it to bring it to an end. Some of us will get rich and famous doing so. Some of us will shame ourselves with our cowardly behavior.
Guess which side of the divide I like to think I am going to land on? And guess which side I would like to think all of my friends (that means you!) are going to land on?
My best wishes, Goon friend.
Rob
“If Bogle were recommending my site every day, there are thousands of people who would visit it. And those thousands would tell thousands of their friends. That’s how it happens.”
I am pretty sure there are a lot of popular web sites that didn’t need Bogle to ‘spread the word’ about them via Twitter. Your content is borderline insane and generally boring. Besides, you keep blabbing on and on about how you have thousands of supportive community members already.
WHERE ARE THEY?
Maybe they are the ‘if Rob Bennett wasn’t an ass and had something useful to say they would be supportive’ community members? If so, I think it is a stretch to including them!
I am pretty sure there are a lot of popular web sites that didn’t need Bogle to ‘spread the word’ about them via Twitter.
That’s not so, What.
Look at the Bogleheads Forum. That forum is the most popular investing site on the internet. They push the same Get Rich Quick/Buy-and-Hold garbage that Bogle pushes. That’s why they are so darn popular.
Do you really not see this?
Stocks were priced at three times fair value in 2000. So someone who had a portfolio with a nominal value of $900,000 had a portfolio with a real value of $300,000. What do you think is the more popular investing advice — the advice saying that the nominal number counts or the advice saying that you need to divide the nominal number by 3 to get the real portfolio value?
Buy-and-Hold is popular because it is a pure Get RIch Quick strategy.
The only benefit of Valuation-Informed Indexing is that it gives you far higher returns at greatly reduced risk!
EVERYONE wants greater returns at reduced risk. So VII should be the most popular thing since sliced bread. And it will be! But, first, we need to help people understand how we messed up in the Buy-and-Hold Era and how the conventional investing advice of the past 30 years gets everything 100 percent upside-down.
To make that happen, I most certainly need Bogle’s help and the help of hundreds of others who today endorse Buy-and-Hold strategies. VII is a research-based strategy. Buy-and-Hold is pure Get RIch Quick garbage. Research-based cannot compete with Get Rich Quick so long as our friends in The Stock-Selling Industry are spending hundreds of millions promoting the pure GRQ garbage.
But once they all endorse VII — Watch out!
VII is what Buy-and-Hold was promoted as being from its earliest days. VII is an HONEST research-based approach. Once we overcome that marketing edge that Buy-and-Hold has because of the hundreds of millions spent promoting on it, it’s all over. There is no comparison between the two strategies.
ALL sites pushing GRQ have benefitted from the hundreds of millions of dollars in marketing push that has been directed to Buy-and-Hold. No one would believe any of this garbage if they knew what the research really showed. My aim is to get enough people to learn what the research says so that people like Bogle will feel ashamed to have their names associated with the GRQ garbage. Then it’s off to the races, my friend!
None of us really believe in Buy-and-Hold. That’s why the Goons all behave as you do. That’s not confidence, it’s desperation. We need to have all of the “experts” talking about the realities. Once we get them on board, it’s all downhill sledding.
This is why I often say that I want to see honest posting permitted at every board and blog on the internet. It’s a win/win/win/win/win.
Take care, man.
Rob
Your content is borderline insane and generally boring.
Yeah, yeah.
I’ve heard about guys like you, What. You’re just trying to get on my good side so that I’ll throw a few fish your way when I make my millions.
Well — I like you, so maybe.
But I don’t know. There’s only so many fish and there are a lot of hungry people out there.
Perhaps you could fill out an application. Then we’ll see.
Fair enough, old friend?
Rob
So, you aren’t going to answer the question about your imaginary supporters?
Everybody alive in the United States is a supporter of permitting honest posting on SWRs and other critically important investment-related topics, What.
How could anyone not be?
Do you see any GOOD side to the economic crisis?
We need to stop the death threats and the defamation and the board bannings and the threats to get people fired from their jobs for the horrible “crime” of telling the truth about the last 30 years of academic research.
When we apply the rules of personal integrity that apply in every other field of human endeavor to the Wall Street Con Men, we are all on our way.
The only thing to fear is fear itself.
Hang in there, Goon friend.
Rob
So, essentially, you have no ‘supporters’ or ‘community members’ but you behave as if you do.
That’s it, What.
Please take good care.
Rob