Chief Financial Officer Patrick Pichette on Thursday downplayed the competitive threat from social-networking giant Facebook Inc., arguing that the digital economy will create a “ton of winners.” “Everybody will benefit if the Web is more social,” he said. “It’s not a zero sum game.” [Dow Jones]
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“When the going gets tough, the tough take accounting.”
~ New York Times columnist David Brooks, who says that the weak economy leads many wannabe humanity majors into the arms of the double-entry system.
Tax Cuts Can Wait
“Congress has gone since 2002 without dealing with the December 31, 2010 expiration of the Bush-era tax cuts. What’s another week or two?”
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