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To: Jorj X Mckie who wrote (56285)	3/15/2008 1:54:49 AM
From: Alan Smithee	Respond to of 57110

Excellent post Ben. Excellent.

To: Jorj X Mckie who wrote (56285)	3/15/2008 11:52:34 AM
From: mph	Read Replies (1) \| Respond to of 57110

I agree with you. Good post! I felt the same way when I said this: Message 24405366 in response to this: Message 24404851 :-)

To: Jorj X Mckie who wrote (56285)	9/26/2008 11:15:03 AM
From: Jorj X Mckie	2 Recommendations Read Replies (1) \| Respond to of 57110

Well, time for my semi annual post to the thread.... I think that our economy is messed up and I think that the bailout plans will only make things worse over the long term. I believe that we humans are like fractals in our behavior. Meaning that a concept that applies to an individual also applies to a family, a community, society, and an entire population. When you have an individual acting in a self destructive manner, such as a drug addict, alcoholic, etc....the only way they ever truly deal with their issues and get better is by hitting bottom first. All attempts to avoid hitting bottom just prolong the process and make the bottom lower. From one of my favorite movies, Fight Club: TYLER I'll say this about Marla: At least she's trying to hit bottom So these bailout programs are all being put in place to avoid us hitting bottom. I believe we need to take our medicine now and deal with this crap rather than taking one more step to becoming a socialized state. Letting the government solve our problems will have many unintended consequence and most of them will be bad. Remember the old saying "don't catch a falling knife"? The government bailout programs are just elaborate ways to catch a falling knife. We just need to let it happen instead of saddling our children with our problems by creating a socialist state where we expect the government to solve all of our problems. Once again, we learn that free money ain't never free...

To: Jorj X Mckie who wrote (56285)	9/26/2008 3:56:28 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 57110

I posted the following message on March 14th. I think it still stands: To: BenWobbles who wrote (56279) 3/14/2008 10:13:49 PM From: BenWobbles 10 Recommendations Read Replies (3) of 56351 One of the things that I have found by not spending as much time on SI, is that I am much more optimistic about the world in general. Back during the tech bubble burst, I was convinced that there was going to be real blood in the streets. And don't get me wrong, I lost a buttload of money. I felt the pain. But what happened after the tech bubble burst? We had a real estate bubble. Now RE is taking a hit and raw materials are veritable champagne bottle of bubbles. Do you all remember where gold was in 1998/99? We bought our home in 1998. It has doubled in price since. Do you think I car if it pulls back 10%? 20%?.....hell, if the value of my home pulls back 30% it has still appreciated by about 55%. Will some people take a hit on their RE investments? yup. What about all the people diving into the raw materials/commodities and buying $1000/oz gold? Will the people that get leveraged to buy at the top end up getting hurt? yup. And then I see things like this: To: JakeStraw who wrote (75375) 3/13/2008 1:16:42 PM From: KeepItSimple Read Replies (1) of 75408 The US dollar is going to zero. This is really the end. Message 24398550 And guess what? I don't think the dollar is going to zero. In fact, statements like that make me think that the dollar may just be getting close to the bottom. My opinion....the world is not coming to an end. As long as I am willing to work for my paycheck, I won't end up in the streets living in a refrigerator box and as long as I don't leverage myself into the mania du jour, I ain't gonna go broke with my investments. So...what other sectors are really beaten up now? Not the things that just got hosed, but the sectors that have been languishing for years. That's what I want to invest in now. It ain't ever as bad as the doomsayers think and it ain't ever as good as the mania freaks think.