What Would Uncle Scrooge Do?
methanal at gmail.com
Thu Dec 4 20:56:04 CET 2008
On 4.12.2008, at 15:21, Leo Schulte wrote:
> "Just eight" was enough to feed the bubble mentality: the Community
> Reinvestment Act was the catalyst, and it does not really matter
> that a majority of banks were not directly subject to it. Besides
> the pressure from the bubble mentality, there was always a certain
> amount of de facto political pressure for banks to enter this market.
> And so we ask: What Would Uncle Scrooge Do? Like I said: Avoid both
> bubble and panic mentalities, buy stocks when they are low, sell at
> highs, and reinvest the profits. Scrooge is obviously not afraid of
> risk! America is all about taking risks, failing now and then, but
> always continuing to aspire! This is why Scrooge McDuck as a
> character developed by Barks has always fascinated me.
> Best Wishes!
Might I make a suggestion?
Cut the politics. It's a touchy subject, and self-righteous idiots of
all stripes are impossible to convince anyway.
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