Tag archive for ‘Decades’
Encouraging the Freedom to Fail
American business is the most robust, the most efficient, and the most effective in providing returns to shareholders on invested capital. We take capital from all points on the globe and turn it into returns that are often multiples of what they initially invested. No other country is as effective at generating wealth as the United States. We are so effective because of our commitment to capitalism and free markets. Part and parcel of that commitment is a belief in freedom. One of those freedoms has to be the freedom to fail. For if failure is not a consequence of bad decision making by private enterprise, we will surely fail in the long term in generating wealth. Life without risk, in business, is not worth investing in.
US and World Markets fall and Congress looks for blame.
Today’s markets plummted around the world reacting to the bailout bill, worries about the broader credit markets, and the lack of reaction by most Western governments to what is undoubtedly a broadening financial crunch around the world. Panic swept through the world’s financial markets, wiping $2.5 trillion from share values, amid concern that regulators and politicians were struggling to get a grip on the worsening crisis of confidence.
Gov. Palin “knocks it out of the park” with her convention speech…
Text of the speech… it was amazingly delivered and was hard hitting:
Mr. Chairman, delegates, and fellow citizens: I am honored to be considered for the nomination for Vice President of the United States…
I accept the call to help our nominee for president to serve and defend America.
I accept the challenge of a tough fight in [...]
Gone with the Wind? Pickens’ plan for America.
America is facing a serious long-term energy crisis. The price at the “pump” that people are so traumatized by is really the short-term symptom of a longer term problem. As the largest of the two “third world” nations industrialize, India and China, billions of people are rapidly increasing in their wealth, standard of living, and [...]
Israel turns 60…
JERUSALEM (AFP) — Israel launched celebrations for its 60th anniversary on Wednesday after remembering its fallen in successive Middle East wars, with the premier’s fate under a cloud and the nation still far from making peace with its neighbours.
The celebrations which began at sundown kicked off with a sound and light show on the Jewish [...]
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