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.
Malcolm ForbesI think legislative assaults on motorcyclists are totally emotionally, disproportionate and totally unfair....they're instigated and implemented by people who know nothing about motorcycling, but have a prejudice. It's easy to curb the freedoms of others when you see no immediate impact on your own.
Malcolm ForbesIt is a damned sight easier to start wars than to end them. This truth has been stated for as long and as often as it has been ignored. High time and thank God, we are at least moving toward de-escalation in Vietnam. The road to extrication will be long, painful, bitter. But it must be trod. We are so bogged down in Vietnam that we cannot respond effectively anywhere else in the world to a military power play except through atomic bombardment.
Malcolm Forbes