2.25.2009

In These Times Of Economic Turbulence…

…I am reminded of a story of Babe Ruth, the greatest player in baseball history.

During the Great Depression (in 1931, I believe) Ruth signed a 2-year, $160,000 contract—more money than any baseball player had ever made before.

It was also more money than President Herbert Hoover made, and when a newspaper reporter asked Ruth if he thought that was right, the Babe shrugged: “Why not? I had a better year than he did.”

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