Word: tradings
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...truly mass experiences - Olympics, elections, the Super Bowl - still play out on TV, even if "TV" now includes computers and phones. As for the loss of being able to make small talk with the mailman over who shot J.R. - I'll trade it for Mad Men and the ability to skip ads with TiVo. We'll find something else to talk about. (See the best and worst Super Bowl commercials...
Move over, organic, fair trade and free range--the latest in enlightened edibles is here: food with "embedded" positive intentions. While the idea isn't new--cultures like the Navajo have been doing it for centuries--for-profit companies in the U.S. and Canada are catching on, infusing products with good vibes through meditation, prayer and even music. Since 2006, California company H2Om has sold water infused with wishes for "love," "joy" and "perfect health" via the words, symbols and colors on the label (which "create a specific vibratory frequency," according to co-founder Sandy Fox) and the restorative music...
...have universal health coverage and public schools unbound from the stultifying grip of teachers' unions. We can tax fossil fuels so that solar and wind become more economical and commit seriously to nuclear power. We can impose sensible regulatory mechanisms and enthusiastically promote free markets and free trade. We can grow the armed forces to fight all necessary wars but also forgo pork-barrel weapons systems...
...where genteel folk ride their bikes or snack in the open air. But in Asia - not just in Shanghai, but along the Chao Phraya in Bangkok, or in Hong Kong's harbor - waterways are not pretty at all. They are busy places of work and commerce, the arteries of trade, that age-old process of exchange that, more than anything else, has lifted millions of Asians out of poverty in two generations. (See pictures of China on the wild side...
What about protectionism? We've seen it in the past. We saw it in the 1930s. When I spoke to the U.S. Congress [on March 4], I said that protectionism in the end protects no one, because if trade falls, then more businesses collapse and more jobs go. You know, I come from the town where Adam Smith was born. Trade is the engine of so much of the growth we've had in the last few years. I believe protectionism is the road to ruin...