tag:blogger.com,1999:blog-37079081.post3579532677355838427..comments2023-09-22T03:23:13.932-04:00Comments on What SIS faculty are reading: Tech InnovationsMartin Weisshttp://www.blogger.com/profile/15605774514148710902noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-37079081.post-48840859787716578502009-02-22T13:12:00.000-05:002009-02-22T13:12:00.000-05:00http://www.nytimes.com/2009/02/22/opinion/22friedm...http://www.nytimes.com/2009/02/22/<BR/>opinion/22friedman.html?em<BR/><BR/>url linkAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37079081.post-6859360622069769252009-02-22T13:09:00.000-05:002009-02-22T13:09:00.000-05:00related recent OpEd piece NY TimesThomas Friedman ...related recent OpEd piece NY Times<BR/>Thomas Friedman <BR/><BR/>http://www.nytimes.com/2009/02/22/opinion/22friedman.html?em<BR/><BR/>A version of this article appeared in print on February 22, 2009, on page WK10 of the New York edition.<BR/><BR/>Op-Ed Columnist<BR/><BR/><B>Start Up the Risk-Takers</B><BR/><BR/>New York Times<BR/><BR/><B>THOMAS L. FRIEDMAN</B><BR/>Published: February 21, 2009 <BR/><BR/><I>excerpts</I><BR/>"Reading the news that General Motors and Chrysler are now lining up for another $20 billion or so in government aid — on top of the billions they’ve already received or requested — leaves me with the sick feeling that we are subsidizing the losers and for only one reason: because they claim that their funerals would cost more than keeping them on life support. Sorry, friends, but this is not the American way. Bailing out the losers is not how we got rich as a country, and it is not how we’ll get out of this crisis." ...<BR/><BR/>..."If we are going to be spending billions of taxpayer dollars, it can’t only be on office-decorating bankers, over-leveraged home speculators and auto executives who year after year spent more energy resisting changes and lobbying Washington than leading change and beating Toyota..."<BR/><BR/>..."Our country is still bursting with innovators looking for capital. So, let’s make sure all the losers clamoring for help don’t drown out the potential winners who could lift us out of this. Some of our best companies, such as Intel, were started in recessions, when necessity makes innovators even more inventive and risk-takers even more daring."<BR/><BR/>"But beyond that, let’s think, talk and plan in more aspirational ways. We’re down, but we’re not out. As we invest taxpayer money, let’s do it with an eye to starting a new generation of biotech, info-tech, nanotech and clean-tech companies, with real innovators, real 21st-century jobs and potentially real profits for taxpayers. Our motto should be, “Start-ups, not bailouts: nurture the next Google, don’t nurse the old G.M.’s.”..."<BR/><BR/>..." We need, and the world needs, an America that is thriving not just surviving. "Anonymousnoreply@blogger.com