A Quote by Mark V. Hurd
There's money in the old stuff, but there's more wealth created in the new growth areas.
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I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth.
This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.
Doing new stuff live is tough just simply because I pay my money, I stand in my seats, and I see the guys I love. And if I paid that ticket, there's a good chance that I'm there to hear the stuff that made me fall in love with 'em - we call it the "old stuff." And if an artist comes in town and dumps his entire new album on me, as a listener in a concert venue, it happens to miss out on the old stuff that I came there for. That doesn't work too well for me as a listener. Most of the time for concerts, it's the old stuff.
I think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don't perform very well, the shares go back to the banks, because there's other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.
Every political creation of new money transfers wealth from workers and savers to those who are spending in the market place newly created monetary units which no one has earned.
I think that any wealth creates a sense of trusteeship... it is characteristic of the new generation which has created wealth to have some amount of responsibility for it.
Think of yourself as a container for wealth. If your container is small and your money is big, what's going to happen? You will lose it. Your container will overflow and the excess money will spill out all over the place. You simply cannot have more money than the container. Therefore you must grow to be a big container so you cannot only hold more wealth but also attract more wealth. The universe abhors a vacuum and if you have a very large money container, it will rush in to fill the space.
Doing new stuff live is tough just simply because I pay my money, I stand in my seats, and I see the guys I love. And if I paid that ticket, there's a good chance that I'm there to hear the stuff that made me fall in love with 'em - we call it the 'old stuff.'
I love Chicago. It's one of the great cities. I'm crazy about the town. It reminds me of New York when it was at its best, the New York that used to be and is no more. I love the architecture, the old stuff and the new stuff.
A lot of my old stuff is pretty simple. The new stuff is slightly more in-depth.
I am excited to join the Workday Board at an exciting time in the company's growth and look forward to leveraging my past experience as a technologist and entrepreneur to provide advice as they continue to look at new areas of growth.
Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle.
Economic growth can enable development if it is supplemented by public policies that encourage circulation of wealth, especially into crucial areas such as public healthcare and education.
Among this country's enduring myths is that success is virtuous, while the wealth by which we measure success is incidental. We tell ourselves that money cannot buy happiness, but what is incontrovertible is that money buys stuff, and if stuff makes you happy, well, complete the syllogism.
This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation.
I've always created solo work. When I first came to New York I was working in a few different areas; I was working as a drummer, a vocalist, an actor, and a dancer. I had gotten picked up more on the music side and that sort of went, and that's where I found my community in New York and that's the path that I went down.
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