Andy Grove:
Success breeds complacency. Complacency breeds failure. Only the paranoid survive.
The Internet doesn't change everything. It doesn't change supply and demand.
Most Americans probably aren't aware that there was a time in this country when tanks and cavalry were massed on Pennsylvania Avenue to chase away the unemployed.
In May of 1932, some 15,000 veterans, many unemployed and destitute, descended on Washington, D.C. to demand immediate payment of their bonus.
A month later, on July 28, Attorney General Mitchell ordered the evacuation of the veterans from all government property, Entrusted with the job, the Washington police met with resistance, shots were fired and two marchers killed.
Learning of the shooting at lunch, President Hoover ordered the army to clear out the veterans.
Infantry and cavalry supported by six tanks were dispatched with Chief of Staff General Douglas MacArthur in command. Major Dwight D. Eisenhower served as his liaison with Washington police and Major George Patton led the cavalry.
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