Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Oh no. Rob won’t post. Our entire economy will now collapse.
You are of course being sarcastic. But I do indeed feel the concern that you are expressing here. It’s not that Rob Bennett will not post at one site that will cause our economy to collapse. It’s that as a nation we have not figured out a way to correct the mistakes in our understanding of how stock investing work in the 36 years since those mistakes were revealed in peer-reviewed research published by a Nobel-prize-winning economist.
I believe that we will see a change following the next crash. I believe that our Buy-and-Hold friends and our Wall Street Con Men friends and even our Goon friends have a place in their hearts in which they feel a love for their country. I believe that it is going to make a difference when they can see with their own eyes the human misery that results when millions of middle-class people are denied access to honest and accurate reports re what the peer-reviewed research of the past 36 years teaches us about how stock investing works in the real world. There’s a saying that “all’s well that ends well.” I believe that the good news here is 50 times more good than the bad news here is bad. I think that we are all going to see some amazing stuff in the days ahead and it is my hope and expectation that a lot of people who today are viewed as being on “the other side” will be helping us all come to a better understanding of the realities as revealed by the last 36 years of peer-reviewed research.
Yes, I believe that we are going to see a deepening of the economic crisis, Anonymous. The wonderful thing is that this is the first of the four economic crises that we have suffered as a nation that has been 100 percent optional. We didn’t have 36 years of peer-reviewed research to help us recover from the three earlier economic crises brought on by the relentless promotion of the Buy-and-Hold “strategy.” We have that this time and I believe that it is going to make a big difference. We have been through other tough spots as a nation and we will make it through this one in the same way we made it through things like the Civil War and the 911 terrorist attacks and Watergate and the Great Depression — by pulling together and by reaching down deep for what is best in us and by sharing it with others in a spirit of love.
We’ll see, you know?
That’s my sincere take re these terribly important matters in any event. And I naturally wish you all the best that this life has to offer a person.
Hang in there, old friend.
Rob


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