When Young, You're Shocked By The Number

For Some Of Us It Seems Like Yesterday When Ike Was In The White House, The U.s. Senate Censured Joe Mccarthy, And The Supreme Court Unanimously Ruled That Racial Segregation In Public School Was Unconstitutional.

Why, Just A Couple Of Economic Seasons Ago, Was Idle Cash Considered An Indication Of Bad Management Or Lazy Management? Because It Meant That Management Didn't Have This Money Out At Work ... Now Look. Presto! A New Fashion! Cash Is Back In! Denigrating Liquidity Has Dropped Quicker Than Hemlines. A Management Is Now Saluted If It Has Some Cash, Some Liquidity, Doesn't Have To Go To The Money Market At Huge Interest Rates To Get The Wherewithal To Keep Going And Growing. Along With Ben Franklin, My Father And Your Father Would Understand And Applaud This New Economic Fashion.

A Big Cigar In A Young Face Requires The Best Of Both.

The Ultimate In Futility Is Owning Important Jewelry. Insurers Often Insist On The Wearing Of Paste Replicas Because Necks With Real Rocks Around 'em Risk Wringing.

If You're Looking For Perfection, Look In The Mirror. If You Find It There, Expect It Elsewhere.