By Far The Most Significant Event In

Productivity Is Notoriously Difficult To Predict.

Any Informed Borrower Is Simply Less Vulnerable To Fraud And Abuse.

I've Been In And Out Of Wall Street Since 1949, And I've Never Seen The Type Of Animosity Between Government And Wall Street. And I'm Not Sure Where It Comes From, But I Suspect It's Got To Do With A General Schism In This Society Which Is Really Becoming Ever More Destructive.

Without The Triggers, That Tax Cut Is Irreponsible Fiscal Policy. Eventually, I Think That Will Be The Consensus View.

We May Be In A Rapidly Evolving International Financial System With All The Bells And Whistles Of The So-called New Economy. But The Old-economy Rules Of Prudence Are As Formidable As Ever. We Violate Them At Our Own Peril.