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17 years ago

Gee, how come they didn’t
Gee, how come they didn’t invite you Rich? Oh yeah, you’d actually tell people the truth…nevermind.

17 years ago
Reply to  JWM in SD

“George Chamberlin,
“George Chamberlin, executive editor of The Daily Transcript”

Well that answers your last question Rich. “but do the folks at the Transcript truly consider this a legitimately newsworthy event?”

And it explains a lot re. Chowderhead’s depiction of reality.

Great work Rich.

17 years ago

I imagine the message will
I imagine the message will be something along the lines of:

“[the market is only] shaking out of the lunatic fringe”

“security values in most instances are not inflated.”

“The nation is marching along a permanently high plateau of prosperity.”

These comments were made by Irving Fisher a well known, trusted Yale University economist.


“He (Fisher) went on to explain why he felt the prices still have not caught up with their real value and should go much higher.

Fisher was considered an investment prophet. Though he was recognized for his contributions to technical economic theory, monetary theory and index numbers in later years, these three Black days crippled Irving Fisher’s reputation.”

The 3 above comments were made in October of 1929…

17 years ago

Somebody deflate that
Somebody deflate that chowderhead! It would be amusing to see chowderheads net worth (which I bet is 100% leveraged in real estate and REITS) crash to zero and make him have to get off his butt and get a real job instead of blathering on talk radio all day long. It would be nice. But then again talk radio is paid and owned by speculators and real estate.