On balance, Obama has been credible and able in foreign policy, but neither the brilliant foreign transformer nor transactional negotiator and crisis manager he wanted to be. He shouldn’t take it personally; it’s a cruel world out there.
Bentley last week reported that its sales in China had doubled in 2011, while in November, Aston Martin said it expected a quarter of its sales to come from the Asia Pacific region within two years. Italian sports-car maker Lamborghini, meanwhile, told newspaper China Daily that it planned to grow its Chinese dealerships from 11 to 20 by the end of 2012.
We conclude that great teachers create great value, and that test-score based value-added measures are one useful input into identifying such teachers.
a rich man running for president can’t just say “Trust me”—especially if the skills that enabled him to become rich are the heart of the case he’s making for replacing an incumbent president
If you look at job creation over the last 20-25 years in America, you’ll notice that we haven’t been able to create any jobs in what is called the “tradable sector” of the economy - those jobs that are subject to global competition. The only jobs we’ve really created have been in industries like health care, government, and construction, which are basically local industries shielded from global competition. You can’t outsource the building of a New York skyscraper to a Chinese worker. America hasn’t been able to create jobs in any sector that’s subject to global and technological pressures. As a result, there is a huge sense of disillusionment, disappointment and pessimism among Americans.
Right this minute, Silicon Valley is America’s opposite: House prices are soaring and demand for young talent far outstrips supply.
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| — | Bubble Boys |
USA Inc.is a non-partisan report that looks at the U.S. federal government (and its financials) as if it were a business. Mary Meeker, partner at KPCB and former financial analyst at Morgan Stanley, created and compiled the report with the goal of informing the discussion about our financial situation and outlook. USA Inc. examines the country’s income statement and balance sheet, aiming to interpret the underlying data and facts, and illustrate patterns and trends in easy-to-understand ways. The report also analyzes the drivers of federal revenue and the history of expense growth, and discusses basic scenarios for how revenue and expense growth might change to help America move toward positive cash flow.
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Beastie Boys & Santigold - Don’t Play No Game That I Can’t Win (SebastiAn Remix)
We made the classic mistake that all investors make. We focused too much on what they were doing at the time and not enough on what they could do, would do, and did do.
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| — | A VC: Airbnb |
