Contrary To The Cliche', Genuinely Nice Guys

Mr. Greenspan Did A Very Good Job In The Early 1990's. But Recently He's Fallen Prey To This Crazy Theory That Prosperity Causes Inflation. So They're Trying To Slow The Economy Down By Raising Interest Rates. It's Like A Doctor Saying You're In Great Health, So We Have To Make You Sick A Little Bit. It's A Bizarre Theory. It's Going To Hurt Our Economy.

We Must Guard Against The Overreaching Hand Of Big Government Trying To Take Away Our Freedom. And We Must Always Protect The Environment In A Manner Consistent With Our Values

Today, The Us Spends Less On Defense As A Percentage Of Our Economy Than We Did At Any Time Since He Japanese Attack On Pearl Harbor. For The World's Only Superpower, That Is An Invitation To Very Serious Trouble.

Our Failure To Properly Deal With Germany And Japan Early Cost The World Dearly Later On. We Dare Not Make The Same Mistake With China.

One Thing On Psychology, Which We've Always Known, Is That Every Investor Says They're Long-term - And They Are Until The Market Takes A Hit.