“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness” just about sums up what Washington, collectlively, is doing today.
The occasions were a media breakfast on March 8 and meetings among Caldwell officers and Dr. Arthur B. Laffer, the father of supply-side economics and longtime consultant to Caldwell Trust Company.
At the breakfast, I told reporters that we are extremely focused on policies, not politics. A fiduciary money manager can’t control what happens in Washington, but we do have to manage investments in keeping with the resulting policies, and Art Laffer tells us the consequences of those policies. So don’t get bogged down in politics; focus on the policies.
I then introduced Timothy J. Videnka, Caldwell’s vice president of investments, who said, “We hold ourselves out to the community with the words ‘Personal, Traditional, Independent.’ Here is why independence matters: We scan the universe of investment providers and choose the best, and Dr. Laffer is one of the best in the field of economics.”Read More