Monday, July 19, 2004

Wait... money is an asset?


"But wealth has always been a factor in U.S. politics, starting with George Washington, who was reputed to be the richest man in America. He owned not only Mount Vernon and its slaves but also thousands of acres from New York to the Ohio River, as well as bank stocks and U.S. securities."

More:

Attuned to the risk, Theodore Roosevelt warned his successor, William Howard Taft, to soft-pedal his affection for golf, which was then regarded as a rich man's sport. "You never saw a photograph of me playing tennis," Roosevelt wrote. "Photographs on horseback, yes; tennis, no. And golf is fatal."

"Now watch this drive."

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