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Winston Churchill

“History is Written by . . . Harold & Marilyn?!?”

That’s Probably Not What Churchill Had in Mind [Note to Readers: In honor of my kids’ post(?)-pandemic return to in-person classes earlier this month, I’m re-running the post below. The quote was uttered by my then-8 year old daughter. She’s now 16.] My three kids are (blissfully) back in school as of last Monday. Which...
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Winston Churchill on “The Crash of ’08”

Whodunnit?  “Fannie Mae and Freddie Mac!” Never have so many owed so much to so few. –Winston Churchill If Winston Churchill had been alive to witness The Crash of ’08 and the events leading up to it, I think he would have offered an updated version of his famous observation about the Royal Air Force pilots who defended...
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Gridlock Recipe

“One Step Backward, Two Steps Forward” Dept. Never in the field of human conflict has so much been owed by so many to so few. –Winston Churchill Never in the history of Twin Cities road construction have so many been inconvenienced by so few for so long. –Ross Kaplan Take two of the Twin Cities’...
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U.S. Dollar Rally

Consider the (Currency) Alternatives Democracy is the worst form of government — except for all the others. –Winston Churchill Substitute “U.S. dollar” for “democracy,” and “currency” for “form of government,” and you have a succinct explanation for the major rally in the dollar the last two weeks or so. Actually, it’s really not true that...
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Homes as Investments

WSJ: ‘Homes are Poor Long-Term Investments’ Today’s Wall Street Journal is running the latest in what has become a perennial real estate subject: how do homes fare as investments? (“Is Your Home a Good Investment?”). Its (non-groundbreaking) conclusion: long-term, homes barely beat inflation. In fact, depending on your starting point, statistics indicate that annual home...
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