tag:blogger.com,1999:blog-3758330678390419129.post8013137220735444526..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Top Investment Manager: “Capitalism Threatens Our Existence”Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3758330678390419129.post-11373714153135905142012-03-01T22:02:45.036-05:002012-03-01T22:02:45.036-05:00It's framing to ramp up crony capitalism to ne...It's framing to ramp up crony capitalism to new levels.PEU Report/State of the Divisionhttps://www.blogger.com/profile/10269683860174947542noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-39017681007510818902012-03-01T10:09:10.927-05:002012-03-01T10:09:10.927-05:00I'm an investment manager and, sadly, my knowl...I'm an investment manager and, sadly, my knowledge of Keynes and economics seems to be hurting me of late.<br /><br />The ever-expanding scale of intervention by the Fed continues to prop-up horrible businesses, which I refuse to invest in (banks, over-leveraged companies, insurance scams (AIG), etc..), while gold and well-managed, unlevered companies underperform.<br /><br />Thus, artificialAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-74857738804669547222012-02-29T17:13:15.901-05:002012-02-29T17:13:15.901-05:00This guy is the probabilistic outcome of a million...This guy is the probabilistic outcome of a million monkeys on a type-writer!<br /><br />;-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-85827597674768967312012-02-29T15:19:17.811-05:002012-02-29T15:19:17.811-05:00When they talk of banking, they are in some sense ...When they talk of banking, they are in some sense correct; we should further regulate the banks until they are boring risk averse lenders. <br /><br />But to call current banking a version of capitalism is perverse. A free market in banking would look nothing like the artificially constructed industry we now have, all from regulation and the Fed in order to degrade money so the government can Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-88655155011173687852012-02-29T14:38:39.305-05:002012-02-29T14:38:39.305-05:00I think someone needs to show him this: http://mis...I think someone needs to show him this: http://mises.org/journals/jls/9_2/9_2_5.pdfMWhttps://www.blogger.com/profile/16876455027982378028noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-77277877243542177602012-02-29T14:25:02.381-05:002012-02-29T14:25:02.381-05:00Love it! The answer is more crony capitalism of co...Love it! The answer is more crony capitalism of course! My guess is that he is probably ill equipped (skills and education wise) to actually manage money in a true free market, much less a centrally planned one that is falling apart at the seems. I have to believe that as more central banker economic manipulation takes place, these weaklings that got to where they are by elite connections are Anonymousnoreply@blogger.com