Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance. ↗
And if we make the process political, if we start to make it personal, we're actually going to frustrate good public policy, in terms of managing this money. ↗
The earmark favor factory needs to be boarded up and demolished, not turned over to new management that may or may not have a better eye for earmarks with 'merit.' ↗
Although I managed my schedule to be home by late afternoon most days, basically, Roselle raised our children alone. And so I missed out on a lot of wonderful moments, missed watching my kids grow into the wonderful people they are today. ↗