The following letter is in response to the commentary, Watch Out for Spam!, which we posted on January 30:
Dear Editor,
I believe the above piece borders on slander of John Mauldin. Mauldin draws on many reputable sources in his work, including Woody Brock, Dave Rosenberg, and the mentioned Rogoff and Reinhart. I have never heard of Bill Mitchell. Perhaps he should have a talk with Steve Keen, a fellow Australian, so he can get straightened out. Do you vet the intellectual integrity of your contributors? This gentleman appears to know nothing.
I dont object to contrary points of view; I welcome them. I object primarily to the tone adopted by Mitchell in his piece. One can present objections in a calm, analytical way, without resorting to hyperbole.
Mitchells comments were personal and insulting. Mauldin is well respected; he doesnt have a million-and-a-half subscribers for nothing! That doesnt mean his views cant be challenged, but it can be done in a less inflammatory way.
Any virtue to Mitchells objections were lost on me by the manner in which he presented them.
Please continue doing a great job with Advisor Perspectives.
Yours truly,
Bill Bengen
El Cajon, CA
Ed. Note: Mitchells CV is available here.