Meaningful Truths Are Never Newly

Enlightening Editorial Writers Is Even More Difficult Than Educating Educators.

What's An Expert? I Read Somewhere, That The More A Man Knows, The More He Knows, He Doesn't Know. So I Suppose One Definition Of An Expert Would Be Someone Who Doesn't Admit Out Loud That He Knows Enough About A Subject To Know He Doesn't Really Know How Much.

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.

It Ticks Me No End When People Get Ticked Off At Those Of Us Who Comment Audibly And In Print On Events And Problems. That's What We're Paid For. Why Clutter Up Your Mind With A Bunch Of Facts That Might Inhibit The Solve-ability Of Us Who Must Express An Opinion? After All, All The World Cries Out For A Solution To Its Problems, And We Supply Them Right And Left. Come To Think Of It, It's We Who Should Be Giving Our Deplorers And Detractors The Blast; Because 99% Of The Time They Don't Do As We Say.

How Would You Know What Happy Is If You've Never Been Otherwise.