Archive for May, 2011

Behold The Power Of Gold – Part 2

Posted in Money Monday on May 30th, 2011 by Phil Ferguson – 4 Comments

NOTE:  This post is part of an ongoing education series.  This information is for educational purposes only.  This information does not constitute investment advice.  No rational person would make investment decisions based on a blog post.  Please consult with your financial advisor before taking any action.  If you do need help with your investments contact our sponsor – Polaris Financial Planning.

A few weeks ago I did a post on the value of investing in gold.  I was a little surprised by some of the responses that I received.  It was almost like the responses I get when discussing abortion, truthers and birthers.

This graph created by John C. Bogle and is in his book “Common Sense on Mutual Funds (2010).  It shows the returns for several investment classes from 1802 to 2008 in real dollars (real dollars are after an adjustment for inflation) (note2: The total return is a log scale).  John C. Bogle is the founder of Vanguard and is recognized as one of the greatest minds in the investment world. Mr. Bogle also had this to say about gold…

“  …gold is largely a rank speculation, for its price is based solely on market expectations.  Gold provides no internal rate of return.  Unlike stocks and bonds, gold provides none of the intrinsic value that is created for stocks by earnings growth and dividend yields, and for bonds by interest payments.  So in the two centuries plus shown in the chart, the initial $10,000 investment in gold grew to barely $26,000 in real terms.”  Common Sense on Mutual Funds(2010), Page 13.

With this additional support, I stand by my position that gold is not a good long term investment.


Science Doesn’t Know Everything – Dara O’Briain

Posted in Science on May 30th, 2011 by Phil Ferguson – 2 Comments

Expelled! By Anti-Vaccine Loons

Posted in woo on May 29th, 2011 by Phil Ferguson – Comments Off

See the full story at Respectful Insolence.

One of my friends Jamie Bernstein and her friend Ken Reibel were kicked out of an Anti-Vax convention.  Their crime?  Ken is a person know to write about the evils of the Anti-Vax movement.  For these nuts just being in the room was a crime.  Where they afraid that Ken and Jamie would report on the scam that is the anti-vax movement?

Here are the details from Orac….

Remember how I’ve said time and time again that the anti-vaccine movement is very much like a religion, a cult even? One of the key attributes of religion is an intolerance for heretics, apostates, and unbelievers. The usual approach to unbelievers is either to try to convert them and then, failing that, to shun them (fortunately in most civilized countries Inquisition-like reactions are no longer common) or to skip the attempt to convert them and jump straight to the shunning. More evidence of just how true that is was presented on a silver platter to me at the anti-vaccine quackfest Autism One that will be wrapping up today in Lombard, IL.

Yesterday afternoon, Autism One “expelled” Ken Reibel and Jamie Bernstein, the latter of whom I got to hang out with last August when I was invited to give a Skeptics in the Pub-style talk to the Chicago Skeptics and Women Thinking Free Foundation. As vice president of the WTFF, Jamie’s also involved in producing the Hug Me! I’m Vaccinated! website and a key player in skeptical activism against the anti-vaccine “protest” Autism One sponsored in Grant Park last year.

Orac did a great job on his post so if you want all of the details go read it there.

Space Aliens Removed From AutismOne Conference

Posted in woo on May 29th, 2011 by Phil Ferguson – Comments Off

Cross post from my friend over at the Bolingbrook Babbler(All articles on his site are works of fiction and are only for people with a sense of humor)

By Reporter X

Sources tell The Babbler that two space aliens were removed from the AutismOne Conference in Lombard.

“It’s been a horrifying two days!” Said Jane, one of the anonymous sources. “They’re out there, and they’re pro-pharma!”

Jane claims that space aliens are working with the pharmaceutical industry to spread autism. Once all of humanity suffers from autism, the aliens will invade.

“The aliens want us to believe that vaccines don’t cause autism, autism has a genetic cause, and people are dying because of Jenny McCarthy’s noble activism!” Exclaimed Jane.

According to Steve, another source, the first alien entered the conference disguised as a Chicago Tribune reporter.

“He had what appeared to be a tape recorder.” Said Steve. “But one of the staffers recognized it as an aliens mind probe! So we asked the Lombard police to escort him out. Those were brave men.”

Go to the Bolingbrook babbler to hear the rest of the scoop!

US Army Provides And Funds Vacation Bible School

Posted in Church and State on May 29th, 2011 by Phil Ferguson – Comments Off

via Rock Beyond Belief.

In a notice sent out by the Army Chaplains.

The annual Garrison Chaplain’s Vacation Bible School (VBS) will be held at Gordon Elementary (Linden Oaks) June 16-17 from 9 a.m.-noon and Devers Elementary (Ardennes) June 20-24 from 9 a.m.-noon. VBS is available for DOD Family members who have completed kindergarten through the sixth grade.

Your tax dollars at work.  The Army is pimping for jesus. Here is what the religious group promises to do to the kids sent to them.

VBS is intentionally designed to focus on the things that matter—connecting kids to God—and eliminating the things that don’t. It’s about preparing each child’s heart to receive the gospel message in an unforgettable way. It’s about enabling kids to share God’s love with others. It’s about why you do VBS.

“…focus on the things that matter—connecting kids to God—and eliminating the things that don’t”  Eliminating?  What is it that they are going to Eliminate?  Anything that keeps kids from god, knowledge, science, reality?  Sounds like child abuse to me.

Here is a sample of an extreme VBS…