What Would Uncle Scrooge Do?

Herbert Snorrason 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.

With greetings,
   Herbert Snorrason


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