Thought for the day

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, and comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows the great enthusiasms, the great devotions; who spends himself in a worthy cause; who as the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who know neither victory nor defeat. [Theodore Roosevelt]

Thursday, December 16, 2010

Socialist President, Capitalist CEO's

The titans of American industry were all assembled at the White House complex Wednesday. There was Eric Schmidt, the CEO of Google. There was Kenneth Chenault, the chairman of American Express. And there was Barack Obama, the sometimes owner of General Motors, Chrysler, Citibank, Bank of America, AIG, Fannie Mae and Freddie Mac. 
It looked like a state visit because it was a state visit, in the sense that President Obama was hosting leaders who are, to his administration, very foreign. The land's leading capitalists were sitting down with a leader caricatured by many Republicans as a socialist, or even, in Newt Gingrich's view, a Kenyan anti-colonialist.

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