Wednesday, January 28, 2009

Motto for 2009--"Be Prudent"!

Ben Stein in The New York Times, Sunday, January 25, 2009

"Learn to be self-sufficient through your own contributions, as the saying goes.
This advice has served me well. It was propounded to me by my late father, who often said,
"BE PRUDENT". (His father was Herb Stein, a well-respected chairman of the Council of Economic Advisors in the Nixon Administration.)

"Maybe, upon second thought, I did not learn well about prudence. Then I think that maybe it's too late for far too many of us. The age when money was a free good, available in unlimited quantities just for signing a note, may well be over. What the heck will we do when we have to start acting like mature adults? How will we cope with the limits? With reality?

"America, a nation of free-spending Peter Pans. Where are our moms and dads when we need them? It's their fault.

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