Paul Langley: ‘So, is the picture of Charles for the IBM ad that ran in Wednesday’s Wall Street Journal anywhere on the web? There’s a picture of a guy at this link and he appears to be surrounded by clothing. [As the ad explains, Charles designs the Anne Klein line.] So is this perchance […]
Don’t you love one-syllable countries? There aren’t many of them. (Guam is not a country, and Chad barely is.) It’s such a confident, definitive statement: France. No ifs, ands, or buts. (Some troubling anti-Semitism, but that’s a separate issue.) Spain and Greece are countries, certainly – I think they are the only two […]
MORE ON THE ESTATE TAX
Joe Devney: ‘Your reader Robert Johnson apparently sees the estate tax as a burden on people like him, who worked hard for his fortune and helped others in the process by creating jobs. I admire Mr. Johnson’s success, but I want to point out that the estate tax doesn’t […]
Robert Johnson, reacting to yesterday’s column, with perhaps just a trace of sarcasm: ‘Let’s raise the tax on those damn wealthy people (by your definition it includes me) to 100% or even better – let’s eliminate private property altogether and then those infinitely wise folks in D.C. can allocate all the goods and services […]
Let’s see. Last week the administration said they had decided global warming likely is real, after all, and that human activity may be screwing up the environment, but that – unlike Europe and Japan – we aren’t going to do anything about it. We’ll just gamble on its turning out OK. Worst case, I guess […]
But first . . .
Robert Verzi: ‘I agree with Dick Davis about index funds and I feel that index funds have run their course for a while. The problem I have with them is that they are severely burdened with over-priced growth stocks. I think the Wilshire 5000 has a PE ratio of […]
Many of you have suggested I just go away entirely and get Dick to write this column. He liked this idea until I told him about the pay. ‘What would I do with that much money?’ he asked. ‘Put it in index funds?’ I asked back.Which brings us to #19 of his 35 . . […]
Well, you know the old Everett Dirksen line: ‘ . . . and pretty soon it begins to mount up.’
A billion is a lot.
Jack Tribet: ‘I haven’t checked if this is right. And it would matter how fast you counted. But I was told if you were to sit and […]
THE END OF THE WORLD OR THE BEGINNING
My overall operating thesis, as you many of you know, is that this century – indeed, this decade, if we’re not careful – is either pretty much the end of civilization or its new beginning . . . the suspenseful climax to a five-billion-year evolutionary story. […]
‘This is an administration that has methodically exalted corporate power and fortified the obscene gap between America’s rich and poor.’ – Bill Keller, in Saturday’s New York Times
Well, that’s one point of view. I have friends at the rich end of the gap who don’t think it’s obscene at all. Sure, they’d […]
Quote of the Day
On Hollywood Squares, gay comedy writer Bruce Vilanch was asked: You are the most popular fruit in America. What are you? His answer: Humble. (The correct answer? Banana.)~.
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