Wednesday, November 21, 2007

Alternative energy

There's no shortage of new capital pouring into alternative energy projects these days.

Some experts believe that the word alternative means stuff that nobody actually uses.

If that turns out to be true, then alternative energy companies could struggle for market share without government assistance.

Tuesday, November 20, 2007

The weak dollar and inflation

Why the weak dollar is not the inflation driver it once was?

Because foreign exporters are so keen to keep U.S. market share that when the dollar weakens, they often lower their prices to keep them constant after the currency effect.

That's especially true when the economy is slowing and consumers are less willing to pay higher prices.

Saturday, November 17, 2007

U.S. remains a dynamic society

A new study of income mobility by the Treasury Department shows that the U.S. remains a dynamic society marked by rapid and mostly upward income mobility.

Americans on the bottom rungs of the economic ladder continue to climb into the middle and sometimes upper classes in remarkably short periods of time.

The key point is that the study shows that income mobility in the U.S. works down as well as up-another sign that opportunity and merit continue to drive American success, not accidents of birth.

The "rich" are not the same people over time,

As the Treasury data show, we shouldn't worry about inequality.
We should worry about the people who use inequality as a political club to promote policies that reduce opportunity.

Friday, November 16, 2007

Profits and market push innovation

Universal health care would undermine U.S. leadership in medical innovation.

Innovation outside of the private sector doesn't work , it has never worked and will never work .

Health care is about innovation and the U.S.'s world leadership in medical innovation rest in the big amount of money spent on health care in the country.

Profits and market push innovation not boards , government or national foundations.

Thursday, November 15, 2007

Successful people

Successful people hook people in the fifteen first seconds.
Successful people have tenacity and self confidence.
Successful people are obsessive.
Successful people show what they are passionate about.
Successful people leave something for people to figure out.

Wednesday, November 14, 2007

Invisible competition

Competitiveness was always the American mantra, but today we are racing too hard.

Competition was face to face , but today is invisible.

Invisible competition favors people who can see a new future and want to get there first.

The greatest gains are likely to go to people who love the game of competition for its own sake.

Monday, November 12, 2007

It will be not enough.

The three biggest financial groups in the country have agreed on the structure of a $100 billion fund to help thaw portions of the frozen credit markets.

It will be not enough.