If lottery tickets could issue annual reports, here is what they would look like. For those of us with shares, it is, at the least, an interesting read. (‘Projections are notoriously dangerous, but we would be surprised if we did not have some actual net earnings for [this fiscal year].’)
Opinions are mixed. The Republican leadership can’t let go of his wild-eyed calls on the campaign trail:
- He advocated health care for all rather than massive tax cuts for the already rich. Absurd.
- He railed against the enormous budget deficits – $700 billion this year (bringing the Reagan-Bush-Bush deficit to nearly $6 trillion of our total $7.8 trillion National Debt). Nutty.
- He favored the invasion of Afghanistan but recklessly opposed attacking Iraq at the time and in the way we did. Mad!
Among Democrats, some have been critical; others are more like John Cory, a Purple Heart / Bronze Star Vietnam vet, who writes: ‘I want someone who will stand up not stand down. I want someone outspoken and outrageous and out there, for me. I want someone on my side, not on my back for more money. I want someone who fights, not folds at the first sign of fake indignation.’
Either way, Howard is not the candidate. So if some of our candidates DO choose to demonstrate their moderate credentials by distancing themselves from him – good cop, bad cop – that’s not entirely unhelpful either.
But the truth is, a few intemperate remarks notwithstanding, Howard is exceptionally level-headed and moderate – far more fiscally prudent, for example, than the borrow-and-spend Republicans. Yes, perception is all. But perceptions change. Click here for the latest from yesterday’s Washington Post. In my admitttedly biased view, we have a terrific Chairman.
Quote of the Day
If I exchange the dollar I have for the dollar you have, we both end up no better off than we started. But if I exchange an idea for the idea you have, then we both end up twice as rich as we were.~Captain Eddie Rickenbacker
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