The Sense Of Responsibility In The Financial

One Of The Little-celebrated Powers Of Presidents (and Other High Government Officials) Is To Listen To Their Critics With Just Enough Sympathy To Ensure Their Silence.

Those Who Had Been Riding The Upward Wave Decide Now Is The Time To Get Out. Those Who Thought The Increase Would Be Forever Find Their Illusion Destroyed Abruptly, And They, Also, Respond To The Newly Revealed Reality By Selling Or Trying To Sell. And Thus The Rule, Supported By The Experience Of Centuries: The Speculative Episode Always Ends Not With A Whimper But With A Bang.

All Of The Great Leaders Have Had One Characteristic In Common: It Was The Willingness To Confront Unequivocally The Major Anxiety Of Their People In Their Time. This, And Not Much Else, Is The Essence Of Leadership.

I Accept The Global Complex And Global Trade More Than Do Some Of My Liberal Colleagues Because I Consider This A Wise Alternative To National Tension And Conflict.

If We Were Not In Vietnam, All That Part Of The World Would Be Enjoying The Obscurity It So Richly Deserves.