Comments on: The Modern Banking System is Like a Broken Dam: At 8% Annual Compounded Growth it would take us 11 years to reach the Peak of the S&P 500. Old Ideas and Prophets Falling Hard. http://www.doctorhousingbubble.com/the-modern-banking-system-is-like-a-broken-dam-at-8-annual-compounded-growth-it-would-take-us-11-years-to-reach-the-peak-of-the-sp-500-old-ideas-and-prophets-falling-hard/ How I Learned to Love Southern California and Forget the Housing Bubble Thu, 09 Feb 2012 06:16:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: steve madison http://www.doctorhousingbubble.com/the-modern-banking-system-is-like-a-broken-dam-at-8-annual-compounded-growth-it-would-take-us-11-years-to-reach-the-peak-of-the-sp-500-old-ideas-and-prophets-falling-hard/#comment-34431 steve madison Tue, 10 Mar 2009 02:08:27 +0000 http://www.doctorhousingbubble.com/?p=1505#comment-34431 the book describing 1931 is "only yesterday" by frederick allen. the book describing 1931 is “only yesterday” by frederick allen.

]]> By: mikes http://www.doctorhousingbubble.com/the-modern-banking-system-is-like-a-broken-dam-at-8-annual-compounded-growth-it-would-take-us-11-years-to-reach-the-peak-of-the-sp-500-old-ideas-and-prophets-falling-hard/#comment-34429 mikes Tue, 10 Mar 2009 01:30:00 +0000 http://www.doctorhousingbubble.com/?p=1505#comment-34429 Look at a monthly chart of the nasdaq and then the dow from the 20's. Its all you need to see. It took the dow 25 years to get back to the highs from the crash of '29. we're looking at many years of pain Look at a monthly chart of the nasdaq and then the dow from the 20′s. Its all you need to see. It took the dow 25 years to get back to the highs from the crash of ’29. we’re looking at many years of pain

]]> By: oilwelldoctor http://www.doctorhousingbubble.com/the-modern-banking-system-is-like-a-broken-dam-at-8-annual-compounded-growth-it-would-take-us-11-years-to-reach-the-peak-of-the-sp-500-old-ideas-and-prophets-falling-hard/#comment-34382 oilwelldoctor Mon, 09 Mar 2009 03:05:07 +0000 http://www.doctorhousingbubble.com/?p=1505#comment-34382 401K's are eating their seed corn. You have one? Teachers Union? Corporate account? Maybe in CD's? Mom and Pop living off that retirement from the airlines? Better get that spare room ready! ~ What about revenues from FIT this year? Toast. No money coming in there either. ~ Have an Annuity? Too bad; annuity's don't work at 0 percent interest. ~ Sorry folks, this money our fed is spending has gotta come from somewhere! You are wrong Dr. A penny saved is a penny inflated away by the Fed. 401K’s are eating their seed corn. You have one? Teachers Union? Corporate account? Maybe in CD’s? Mom and Pop living off that retirement from the airlines? Better get that spare room ready!
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What about revenues from FIT this year? Toast. No money coming in there either.
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Have an Annuity? Too bad; annuity’s don’t work at 0 percent interest.
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Sorry folks, this money our fed is spending has gotta come from somewhere!

You are wrong Dr. A penny saved is a penny inflated away by the Fed.

]]> By: blutown http://www.doctorhousingbubble.com/the-modern-banking-system-is-like-a-broken-dam-at-8-annual-compounded-growth-it-would-take-us-11-years-to-reach-the-peak-of-the-sp-500-old-ideas-and-prophets-falling-hard/#comment-34377 blutown Mon, 09 Mar 2009 00:02:50 +0000 http://www.doctorhousingbubble.com/?p=1505#comment-34377 Amerika, YOU WANT THE TRUTH? YOU CAN'T HANDLE THE TRUTH! That way when the Feds come swooping down on banks under the cover or darkness on some Friday night when nobody is watching (probably during March Madness) to take them over, nobody will have suspected. It will feel like the invasion of Iraq- shock and awe from the left flank. We didn't tell Sadam we were taking over his country and we certainly aren't going to tell shareholders, bondholders and scumdog management we're coming. The government will be our liberators (and not a minute too soon). Get it? Be brave Comrades! Amerika,
YOU WANT THE TRUTH? YOU CAN’T HANDLE THE TRUTH! That way when the Feds come swooping down on banks under the cover or darkness on some Friday night when nobody is watching (probably during March Madness) to take them over, nobody will have suspected. It will feel like the invasion of Iraq- shock and awe from the left flank. We didn’t tell Sadam we were taking over his country and we certainly aren’t going to tell shareholders, bondholders and scumdog management we’re coming. The government will be our liberators (and not a minute too soon). Get it?
Be brave Comrades!

]]> By: Kaz http://www.doctorhousingbubble.com/the-modern-banking-system-is-like-a-broken-dam-at-8-annual-compounded-growth-it-would-take-us-11-years-to-reach-the-peak-of-the-sp-500-old-ideas-and-prophets-falling-hard/#comment-34376 Kaz Sun, 08 Mar 2009 23:17:28 +0000 http://www.doctorhousingbubble.com/?p=1505#comment-34376 Tom, I am with you 100%, but unfortunately Americans saving money is not in the business plan for the Federal Gov't at the moment. We'll have to endure some pain before they change their minds I think. Tom,

I am with you 100%, but unfortunately Americans saving money is not in the business plan for the Federal Gov’t at the moment. We’ll have to endure some pain before they change their minds I think.

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