[Travis McGee]

I don’t agree with a lot of his conclusions, but his waypoints on the road to perdition are priceless.

[dennisw]

Ben Stein wrote this piece
Ben Stein is always confident and sunny about America and our economy

Yet this piece ranks up there with the best gloom and doomers. I’ll bet Stein lost big money on some stocks and started talking to the right people and got shocked into reality

There’s a great You Tube video of Peter Schiff taking on the Ben Stein and others on TV a few years ago. Schiffs predictions were dead on

[archy]

I don’t agree with a lot of his conclusions, but his waypoints on the road to perdition are priceless.

Do you happen to recall the economic conditions predicted for the end of 2008 in Molon Labe! by Ken Royce, AKA, "Boston T. Party?*

First published in Jan 2004, he predicted a Dow of 4309 by the end of 2008, which we may yet see, depending on the *progress* of the Detroit auto builder bailout and/or the bankrupcy of GM and Chrysler.

Around mid '04 after a very good pal of mine sent me a copy of that novel, I described some of the financial/economic condition forecasts in it [2004-2020] to a banker pal of mine [who was the first guy to explain to me what a *NINJA* loan was.] He got a good chuckle, and told me all sorts of *coming financial collapse* books have been around for years.

About 3 weeks back, he called me up and asked me the name of *that book that had the Dow at 4300 by the end of '08* and where he could get a copy. I told him, and he ought to have it in hand and on his desk by now. It's about time for me to call and ask what he thought of it, but I think I'll wait until after Thanksgiving.