Maria Bartiromo (a.k.a. Money Honey): "I don't think there's anything wrong with a boom-bust economy, frankly."

Maria Bartiromo: Of course, it's all a result of two of the biggest bouts of "irrational exuberance" investors have ever experienced. Not that there's anything wrong with that. "I don't think there's anything wrong with a boom-bust economy, frankly."

Maria believes the bursting of these recent bubbles "opens the door for wealth creation." Plus, they're inevitable: "We live in a society where we're an optimistic group".

Retirement age viewers may disagree. Those that rely on pensions and 401(k) portfolios would surely have preferred a slow and steady rise to the crashes. But, instead of complaining, investors should profit from the good and the bad.

Maria “Money Honey” Bartiromo remains the quintessential CNBC dolled up mouthpiece for Wall Street including the brothel of fund managers pushing their stocks du jour. Maria doesn’t think there’s anything wrong with a boom-bust economy albeit the “buy and hold” pundits filled every available CNBC programming slot throughout the lost decade for equities.

“Instead of complaining, investors should profit from the good and the bad”. For the record Ms. Money Honey, “investors” have every right to complain given the level of fraud and corruption within the equity market. Investment bankers betting (and winning big) against the products sold to their clients, publicly traded companies playing “find Waldo” with their balance sheets thanks to FASB mark to model and irresponsible journalism majors solely spinning “better than expected” headline data.

Apparently you skipped out on a few classes while securing your coveted minor in economics. You know, a class or two addressing the hardships human beings incurred during “bust periods” such as losing one’s job then drawing down on the savings account and retirement nest egg in order keep the kids fed and pay medical bills.

Bursting recent bubbles “opens the door for wealth creation”. Grandpa Factoid: 44% of our nation’s 15 million unemployed have been out of work for more than 6 months Maria. Let grandpa help you with the math, 44% of 15 million is 6.6 million. Which door would you have them open?