Welcome to my “daily comment.” The ground rules Ceres and I have agreed to are simple. I can write whatever I want, ranging from a sentence to an epic, and nothing is off limits. I can even say things like, “Don’t trade stocks yourself — for most people, it’s smarter to invest through no-load mutual funds.” Which it is.
Sometimes, I will simply share some of my favorite quotes, in hope they may become some of yours. Here are three:
“There they go. I must follow them. I am their leader.” — Gandhi
“Stop smoking for three years and save enough money to buy an ox.” — The slogan of China’s new anti-smoking campaign (as reported in The Globe And Mail, Canada’s National Newspaper, in November)
“There is a debt of service due from every man to his country, proportioned to the bounties which nature and fortune have measured to him.” — Thomas Jefferson (as quoted by Colin Powell in his book). Seems a short jump to “Ask not what you can do for your country . . .” — and not a completely impossible leap to “from each according to his ability, to each according to his needs,” but that’s clearly going to a discredited extreme.
Tomorrow: Steve Forbes and the Flat Tax
Quote of the Day
Governments are necessarily continuing concerns. They have to keep going in good times and bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.~Calvin Coolidge
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- Jan 26:
- Jan 24:
The Inauguration . . . PRKR, BOREF, CNF
- Jan 22:
The Other Pillow Guy*
- Jan 21:
How Great Was That?
- Jan 20:
You Respond To Umair Haque
- Jan 19:
The Three Big Lies
- Jan 18:
Two Harvard Grads Still For Trump
- Jan 15:
Of Insurrection, Inequality, And Your Stocks
- Jan 14:
Meanwhile . . .
- Jan 13:
Ronald Reagan Speaks
- Jan 26: