March 28, 2003
Transient

Not much to say, except that being on vacation in a foreign country is an excellent way to avoid following the blow-by-blow war coverage. Finally found a good internet cafe in Prague, which is how I'm updating now. Basically we've been busy relaxing.

It's been very interesting to be here while reading Adam Smith. I understand better what Communism did to this country. They stole all the wealth -- the capital, the means of production -- and they pissed it all away over the next forty years. They ran textile mills in Central Europe! Even Warren Buffet gave up on textiles in the 1970's!

When an industry runs at a loss, that means wealth is being destroyed.

Posted by Sam at 03:47 AM