A Solid Dose Of Sheer Stupidity
The blog entry here: http://www.jesus-is-savior.com/Evils%20in%20Government/stock_market_scam.htm is a good example of how any idiot can get his message out on the web.
Favorite parts of the entry:
“I also avoid the stock market, it is a man-made invention designed to take away the public’s wealth…it is a scam. This has been documented (if you’ll read beyond the newspaper).”
Of course, our money is safer in a jar under our beds. It’s a good way to save for retirement!
“If you think about it, there is basically NO value to the stock market (If you were to take all of the thousands of stocks on the various stock market exchanges and average their actual earnings together, you’d find their total value to be less than 1% of what the public is actually paying for those same stocks). In other words, your buying NOTHING!”
Obviously, buying a small share in a company like Toyota or Dell is worthless. I mean, those aren’t real companies or anything.
” I’ve already mentioned that the entire stock market is a big mirage (something you see that is NOT really there). The big bubble could pop in one day! Gold has real value! Gold retains it’s value, stocks do not. A commodity has real value! I can eat corn or bacon, I can’t eat a stock. “
You sold me, pal. I’m buying up corn with all of my paychecks.
