We're always going to have some companies in the morass of reporting companies that aren't up to speed. Generally, the earnings for the quarter are good.

Lower rates should stimulate other consumer areas. We think building materials, as a result of continuing housing demand going forward, should do well. We actually think we'll see more demand for autos.

Half of us are partly German! Half our language and culture, generally, in Anglo-Saxon terms, is German.

We're in the midst of the U.S. reporting season, which looks pretty good. Companies in Europe seem to have been publishing good numbers, so I think the fundamentals are still pretty positive.

The PhD system is the real root of the evil of academic snobbery. People who have PhDs consider themselves a priesthood, and inventors generally don't have PhDs.

The multiple exercises proved invaluable is assessing the readiness of state emergency response plans generally and identifying specific challenges that might arise when responding to different types of emergencies. Putting a plan down on paper is really only the first step. Putting that plan through a test exercise really allows you to see what works well and what doesn't.