Comments on: Global Competition

By: Bob Foster

Bob Foster — Wed, 29 Jul 2009 20:47:17 +0000

Judith – Yes, you are right–sometimes it is difficult to separate wisdom from cynicism. But, sometimes it is worth the effort.

Thank you for your comments Judith.

By: Judith Ellis

Judith Ellis — Wed, 29 Jul 2009 06:41:24 +0000

Bob – I so honor older generations. This I have done my entire life and have been made better because of it. I also honor younger generations. Age should teach wisdom; sometimes it does not.

By: Bob Foster

Bob Foster — Sat, 25 Jul 2009 17:35:35 +0000

Judith – How fortunate to have Jack Bogle as a friend. I have the greatest admiration for him. I have “Enough” on my reading list, but alas, I’m falling way behind on my reading.

I only wish more young people could appreciate the potential contributions of many members of our older generations. There is a vast warehouse of knowledge and wisdom in our elders–largely untapped.

By: Judith Ellis

Judith Ellis — Wed, 22 Jul 2009 23:53:31 +0000

Bob – I have become rather friendly with Jack Bogle. (If you haven’t read his book Enough. It’s a must read! I have also written a review of it on the Huffington Post which he appreciated should you desire to read my take on the book. Also, I have written quite a lot of Jack on my blog.) A few months back he wrote to encourage me by saying when he speaks before young people that they get it. At his age and with the widsom he possesses, I was incredibly heartened. Keep the faith, Bob! Your blog helps me in my entrepreneurial pursuits.

By: Bob Foster

Bob Foster — Wed, 22 Jul 2009 18:17:11 +0000

“…outsourcing is the easiest thing in the world to do; it takes very little innovation and effort, no imagination.”

Judith – How true, how true. This has been the bane of American industry for far too long, and I fear it has become permeated throughout our entire culture–most likely because outsourcing is also very profitable.

You may have noticed that I did not complete my series of posts on U.S. Innovation falling behind the rest of the world. Whenever I try to write about “why” the U.S. can no longer successfully compete with the rest of the world, I get a rush of anger–and sorrow. I look at the younger generations, and their parents, and I see little hope of regaining our position in the world, as the industrial nation to be looked up to.

Fortunately, there is a small group of people, young and old, who are keeping the entrepreneurial spark alive, and it behooves our entire nation–government and lay person– to capitalize on that spark and help it grow into something truly meaningful.

Thank you for your comments Judith–they make my day.

By: Judith Ellis

Judith Ellis — Tue, 21 Jul 2009 22:21:40 +0000

“Somehow, we need to rekindle the American entrepreneurial spirit and begin to do some things for ourselves–like make things.”

So very true. A very good friend who is a senior executive for a Fortune 100 always says that outsourcing is the easiest thing in the world to do; it takes very little innovation and effort, no imagination.