Subject: Re: Annual Meeting Notes:
in addition to above on trade, my favorite for the current environment :

On Risk:
The biggest thing we have to worry about is that we've learned to destroy the world.
We have changed the world enormously, but we have not changed human beings very much.
Make sure the cathedral is not taken over by the casino.

On spending:
It's easier to do stupid things with other peoples' money than it is with your own.
On deficits:
If you picked a way to mess up the U.S., it would involve the currency.
On currency inflation:
Those who trust their government get screwed.
On healthcare regulation:
The tapeworm won.
On America
We don't want a world where 330 million Americans are crowing about 'winning' while the rest of the world is upset about it.