Comment on Node ant

John Kibler — Mon, 20 Oct 2008 20:38:10 -0400

Let's look further back in US history - before the Interstate Highway System and the love of the automobile took hold. Back in the 1920's, Los Angeles had the most extensive interurban rail system in the world. As described in the "Great American Streetcar Scandal" (http://en.wikipedia.org/wiki/General_Motors_streetcar_conspiracy), it was big business (Firestone, Standard Oil of California, Phillips, General Motors, Federal Engineering, and Mack) that shut down the rail system to sell buses.

Fast Talk Response -

John Kibler — Fri, 25 Jul 2008 15:53:04 -0400

Many Americans (myself included) value time more than money, so drive above the speed limit (whatever it is). As Stephen More of the WSJ put it in his opinion page, "...What is in short supply -- the only truly finite resource, as the late economist Julian Simon taught us -- is the time each of us spends on this earth. And most of us don't want to spend it sitting longer than we have to in traffic."
http://online.wsj.com/article/SB121685880778279315.html

Comment on Node ant

John Kibler — Fri, 25 Jul 2008 15:48:23 -0400

Entrepreneurship doesn't go away when valuations are depressed and fundraising is more difficult. The strong survive (and prosper). And after the economy has recovered, venture capitalists bought good businesses on the cheap will look like heroes.