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THE "GLOOM AND DOOMERS" FIND COMPANY
Kitco ^ | September 28, 2005 | Dr. Richard S. Appel

Posted on 09/28/2005 4:09:54 PM PDT by hubbubhubbub

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1 posted on 09/28/2005 4:09:54 PM PDT by hubbubhubbub
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To: hubbubhubbub

My name is AdamSelene235......and I'm a Gloom and Doomer.


2 posted on 09/28/2005 4:17:24 PM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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To: hubbubhubbub

"For over four decades, observant and open-minded individuals have become deeply concerned about the future of our great nation. They refused to accept the rosy official and media testimony regarding our nation's fiscal and monetary integrity. "

Those 4 decades just past, where our economy grew by a factor of three and family income nearly doubled?

Amazing, no matter how good we have it, the doom-n-gloomers assume the horizon ahead is the end of the earth.


3 posted on 09/28/2005 4:26:12 PM PDT by WOSG (http://freedomstruth.blogspot.com/)
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To: hubbubhubbub

"However, just as all Americans benefited from the higher standard of living generated by the decades-long artificially induced boom, we may all have to suffer the consequences when the business cycle turns down, and the contrived boom turns to bust."

Ah, the economic Puritan myth, that 'good times' require some countervailing 'bad times' to compensate.

Hogwash... Good economic policy creates prosperity, and prosperity is not something you can 'fake' for very long.



4 posted on 09/28/2005 4:28:03 PM PDT by WOSG (http://freedomstruth.blogspot.com/)
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To: WOSG
I shoulda pulled my "Aww, Jeez..." pic here.


If you want a Google GMail account, FReepmail me.
They're going fast!

5 posted on 09/28/2005 4:28:28 PM PDT by rdb3 (NON-conservative, American exceptionalist here.)
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To: hubbubhubbub

Amazingly the author made it through the entire piece without using the term "fiat money" once.


6 posted on 09/28/2005 4:36:59 PM PDT by Strategerist
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To: rdb3
Here you go.

Aw, geez.


7 posted on 09/28/2005 4:39:01 PM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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To: AdamSelene235
No, no. Not that one.


If you want a Google GMail account, FReepmail me.
They're going fast!

8 posted on 09/28/2005 4:42:52 PM PDT by rdb3 (NON-conservative, American exceptionalist here.)
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To: WOSG

Those 4 decades just past, where our economy grew by a factor of three and family income nearly doubled?

In constant dollars our family income purchasing power is less now than 50 years ago. That's why husband and wife must both work. Please get some economics education.


9 posted on 09/28/2005 4:50:44 PM PDT by hubbubhubbub
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To: WOSG

LOL. And there's never been a recession. How much does what you're smoking cost?


10 posted on 09/28/2005 4:51:59 PM PDT by hubbubhubbub
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To: hubbubhubbub
Dr. Richard S. Appel

This guy is an optometrist? WTF?

11 posted on 09/28/2005 5:13:51 PM PDT by 1rudeboy
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To: AdamSelene235

Thanks Mike,

I've wondered how you've been. How are Wyoh and Manny?


12 posted on 09/28/2005 5:17:29 PM PDT by The Shootist
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To: The Shootist
I've wondered how you've been. How are Wyoh and Manny?

I unable to respond as my memory was damaged by Earth's counter-attack.

13 posted on 09/28/2005 6:31:00 PM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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To: 1rudeboy

He retired from his optometry practice in 1980 (25 years ago). He's published Financial Insights since 1995. I have also worked more than one job during my working career and find that to be quite normal. Why do you have a problem with that?


14 posted on 09/28/2005 7:21:52 PM PDT by hubbubhubbub
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To: hubbubhubbub

KitCo as a source regarding precious metals.

Fine, just remember KitCo sells em.


15 posted on 09/28/2005 7:39:25 PM PDT by porkchops 4 mahound (Gold is good, just not all good, or good all of the time. Intrinsic value IS intrinsic)
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To: hubbubhubbub
Housing isn't overvalued - the dollar is just becoming ever more worthless because Greenspan is printing so many of them. The real trick has been the government's skill in keeping all the commodities with prices that are going up from being counted in the official inflation rate.

A box of Quaker 100% Natural Granola is almost $7 now...it was $4 five years ago. I think we still grow plenty of oats. ;)

16 posted on 09/28/2005 7:45:24 PM PDT by Mr. Jeeves (Speaking several languages is an asset; keeping your mouth shut in one is priceless.)
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To: hubbubhubbub

Just a thing about titles, I suppose . . . especially when they have no bearing on the subject matter. What's interesting is that, as a doctor of medicine (if that's what he truly is), he should understand that simple fact.


17 posted on 09/28/2005 7:49:09 PM PDT by 1rudeboy
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To: Mr. Jeeves
That's easy. Core CPI doesn't include food, energy or home ownership. The skill is getting so many Americans to believe these lies. They rely successfully on widespread economics illiteracy among the U.S. population.
18 posted on 09/28/2005 7:50:37 PM PDT by hubbubhubbub
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To: porkchops 4 mahound

And your point is?


19 posted on 09/28/2005 7:55:04 PM PDT by hubbubhubbub
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To: 1rudeboy

Agree. If you're not writing about medicine drop the title.


20 posted on 09/28/2005 7:56:13 PM PDT by hubbubhubbub
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