Chance Moquett

This Saturday at Santa Anita could prove something of a watershed moment in North American horse racing--the carding of two handicaps built upon a new national ratings system. One race, a $35,000 handicap over six furlongs for dirt horses rated between 70 and 79, has drawn seven entries. The next race on the card, a $65,000 handicap over 6 1/2 furlongs on the hillside turf course for fillies and mares rated between 80 and 95, has drawn six entries. The impetus for launching a ratings system in the U.S. has...

When considering the speculative nature of America's financial future, President Harry S. Truman famously exhorted his aides to bring him a one-handed economist. "All of my economists say 'on the one hand'..., then 'but on the other hand'...," the plain-talking Missourian from Independence famously quipped. To put it another way, convictions matter, not the pros and cons. You are either in or you're not. Horse racing, or more specifically preparing for the 150th Kentucky Derby is no different. It's about possessing sterner stuff. Another Harry Truman, Harry Truman Rosenblum that...