Greetings!

DOLLAR CRAZED: Before we continue our interview, let's take this commercial and news break please.

[The program now goes to a news segment about a tire company and how they are not going to make money in the future because gas prices are causing people not to drive their cars. The next news on this program is about how the Dow Jones is down 300 points and the third is about how mortgage rates are at their highest level since 2003 and mortgage lenders are going bankrupt left and right. And now we come back to the show.]

TOMMY CLOUD: Before we get started with our show, Dollar Crazed, I just wanted to say that the information that y'all distributed was negative news for people. It doesn't tell people what to do. It doesn't edify people. It doesn't help people. It doesn't encourage people's hearts and give them confidence, it's just reporting negative things. And it seems to me that the only people that benefit from negative news are large brokerage houses and the media. Large brokerage houses benefit by people placing trades in their accounts and that's one of the reasons why people get statements every month now, as well, in my opinion. They can access their account online anytime now and they go on there and look at their monthly statement and they see their account is down and they go in and they place trades and that generates money for the brokerage firm or the broker or the broker/dealer, whoever it is. Even if it is a no transaction free fund there are still built in costs. Anytime someone buys or sells something. The government also benefits, which many people didn't know, when they sell. The Securities Exchange Commission (SEC) gets a small fee from the sale of securities. So it seems to me that these pieces of information that you are running, these predictions on tire companies and the Dow being down 290 points or up 290 points, it doesn't matter, it is just meant to generate emotions and it doesn't give anyone anything solid to deal with other than just creating emotions.

TOMMY CLOUD: Well it depends on the person. I think everybody is different. And it depends on a person's emotional level and where they are. I would say, for most everyone, monthly statements are unnecessary and harmful. I would recommend that most people, like it used to be, receive quarterly statements four times a year or only once a year-I think would be ideal. It is wise to know how things are going and we want to make sure that we have a good plan in place (that you are truly diversified), but knowing your positions is more important than knowing the short term (i.e. monthly) performance of the positions, in my opinion. Obedience is better than sacrifice and from a Christian's perspective, and my opinion, diversification is a matter of obedience. If you do what God wants you to do, then He is going to take care of the rest. It's just like telling the truth on an application or on a job interview. You tell the truth and let God take care of the rest.

[With the show completed Dollar Crazed takes off his microphone and says goodbye to Tommy Cloud. He then heads over to the program director and says, "Please warn me the next time we are going to have a religious nut on the show so I can be more mentally prepared."]