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.

You make more money selling advice than following it. It's one of the things we count on in the magazine business -- along with the short memory of our readers.

The tax code is a monstrosity and there's only one thing to do with it. Scrap it, kill it, drive a stake through its heart, bury it and hope it never rises again to terrorize the American people.

It can't help but knock things down.

The politicians say 'we' can't afford a tax cut. Maybe we can't afford the politicians.

The words, 'penalty,' 'restrict' and 'violate' appeared more times in President Clinton's health care reform bill than in his crime bill.

As more money flowed through Washington and as Washington's power to regulate our lives grew, opportunities and temptations for graft, influence peddling and cutting corners grew exponentially. Power breeds corruption.