While we have observed a modest softening in advertising market conditions, we are not presently seeing evidence of a significant economic decline.

We believe it is important not to fall into the trap of talking the economy down unnecessarily - while at the same time being transparent about current economic reality.

There are very few men of genius in advertising agencies. But we need all we can find. Almost without exception they are disagreeable. Don't destroy them. They lay golden eggs.

Today, one must pay for a world where there is nothing to buy.

Anyone who's parading under a $100,00-plus video is not free from corporate. That's just the MTV advertising agency. I find them all to be just a bit of a sham.

There are huge advertising budgets only when there's no difference between the products. If the products really were different, people would buy the one that's better. Advertising teaches people not to trust their judgment. Advertising teaches people to be stupid.