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Drunken sailors, by contemporary standards they're quite prudent

I've used a trite old phrase repeatedly when talking about government spending ...

"like a drunken sailor (adding) with certainly no offense to any sailor, drunken or not."

After all, The Navy has a large presence in Charleston and I've sold a number of homes to many fine sailors and their families and I never intended to offend.

Barry Ritholtz at The Big Picture clarifies. Drunken sailors, by contemporary standards, they're quite prudent

 

Published Thursday, March 27, 2008 8:34 AM by Howard Arnoff
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