The first blog : The first blog

Again, he asked me what I thought, and I...

2010-08-12T00:25:31Z

Again, he asked me what I thought, and I naturally said sell, on a 1031 tax-deferred exchange
Suddenly, he had nearly $80,000 to operate withI called another friend in Austin, Texas who then moved this tax deferred money into a mini-storage facilityWithin three months, he began receiving checks for a little less than a $1,000 a month in income which he then poured back into the college mutual fund that was now building much fasterIn 1996, the mini-warehouse sold and he received a check for nearly $330,000 as proceeds from the sale which was again rolled into a new project that would now throw off over $3,000 a month in income, again, going into the college mutual fundHe is now very confident that his goal of $400,000 will be met easily, and it only gucci back pack took $7,000 to start and a little financial intelligenceHis children will be able to afford the education that they want and he will then use the underlying asset, wrapped in his C Corporation, to pay for his retirement As a result of this successful investment strategy he will be able to retire early
Thank you for reading this bookI hope it has provided some insights into utilizing the power of money to work for youToday, we need greater financial intelligence to simply surviveThe idea that it takes money to make money is the thinking of financially unsophisticated peopleIt does not mean that they're not intelligentThey have simply not learned the science of making money
Money is only an idea If you want more money simply change your thinkingEvery necklace pearl chanel self-made person started small with an idea, then turned it into something bigThe same applies with investingIt takes only a few dollars to start and grow it into something bigI meet so many people who spend their lives chasing the big deal, or trying to mass a lot of money to get into a big deal, but to me that is foolishToo often I have seen unsophisticated investors put their large nest egg into one deal and lose most of it rapidlyThey may have been good workers but they were not good investors
Education and wisdom about money are important I turned $5,000 cash into a $1 million dollar asset producing $5,000 a month cash flow in less than six yearsBut I started learning as a kidI encourage you to learn because it's not that hardIn fact, it's kind of easy replica omega seamaster planet ocean once you get the hang of it
I think I have made my message clearIt's what is in your head that determines what is in your handsMoney is only an ideaThere is a great book called Think and Grow RichThe title is not Work Hard and Grow RichLearn to have money work hard for you and your life will be easier and happierToday, don't play it safe, play it smart

Take Action!

Many of you were given two great gifts: your mind and your timeIt is up to you to do what you please with bothWith each dollar bill that enters your hand, you and only you have the power to determine your destinySpend it foolishly, you choose to be poor Spend it on liabilities, you join the middle classInvest it in your mind and learn how to acquire assets and you will be choosing wealth big black bag as your goal and your futureThe choice is yours and only yours Every day with every dollar, you decide to be rich, poor or middle class
Choose to share this knowledge with your children, and you choose to prepare them for the world that awaits
You and your children's future will be determined by choices you make today, not tomorrow
We wish you great wealth and much happiness with this fabulous gift called life

Robert Kiyosaki, Sharon Lechter

About the Authors-Robert TKiyosaki

"The main reason people struggle financially is because they spent years in school but learned nothing about moneyThe result is, people learn to work for moneybut never learn to have money work for them
Born and raised in Hawaii, Robert is fourth-generation Japanese lady dior bag Amer

In 1994, the real estate market suddenly changed...

2010-08-12T00:25:31Z

In 1994, the real estate market suddenly changed in Phoenix and he was offered $156,000 for the same house by the tenant who lived in it and loved itAgain, he asked me what I thought, and I naturally said sell, on a 1031 tax-deferred exchange
Suddenly, he had nearly $80,000 to operate withI called another friend in Austin, Texas who then moved this tax deferred money into a mini-storage facilityWithin three months, he began receiving checks for a little less than a $1,000 a month in income which he then poured back into the college mutual fund that was now building much fasterIn 1996, the mini-warehouse sold and he received a check for nearly $330,000 as proceeds from the sale which was again rolled into a new project that would now throw off over $3,000 a month in tiffany jewellery income, again, going into the college mutual fundHe is now very confident that his goal of $400,000 will be met easily, and it only took $7,000 to start and a little financial intelligenceHis children will be able to afford the education that they want and he will then use the underlying asset, wrapped in his C Corporation, to pay for his retirement As a result of this successful investment strategy he will be able to retire early
Thank you for reading this bookI hope it has provided some insights into utilizing the power of money to work for youToday, we need greater financial intelligence to simply surviveThe idea that it takes money to make money is the thinking of financially unsophisticated peopleIt does not mean that they're not intelligentThey have simply not white chanel purse learned the science of making money
Money is only an idea If you want more money simply change your thinkingEvery self-made person started small with an idea, then turned it into something bigThe same applies with investingIt takes only a few dollars to start and grow it into something bigI meet so many people who spend their lives chasing the big deal, or trying to mass a lot of money to get into a big deal, but to me that is foolishToo often I have seen unsophisticated investors put their large nest egg into one deal and lose most of it rapidlyThey may have been good workers but they were not good investors
Education and wisdom about money are important I turned $5,000 cash into a $1 million dollar asset producing $5,000 a month cash flow in less than six yearsBut I chanel bags collection started learning as a kidI encourage you to learn because it's not that hardIn fact, it's kind of easy once you get the hang of it
I think I have made my message clearIt's what is in your head that determines what is in your handsMoney is only an ideaThere is a great book called Think and Grow RichThe title is not Work Hard and Grow RichLearn to have money work hard for you and your life will be easier and happierToday, don't play it safe, play it smart

Take Action!

Many of you were given two great gifts: your mind and your timeIt is up to you to do what you please with bothWith each dollar bill that enters your hand, you and only you have the power to determine your destinySpend it foolishly, you choose to be poor Spend it on liabilities, you join the middle chanel classic bag classInvest it in your mind and learn how to acquire assets and you will be choosing wealth as your goal and your futureThe choice is yours and only yours Every day with every dollar, you decide to be rich, poor or middle class
Choose to share this knowledge with your children, and you choose to prepare them for the world that awaits
You and your children's future will be determined by choices you make today, not tomorrow
We wish you great wealth and much happiness with this fabulous gift called life

Robert Kiyosaki, Sharon Lechter

About the Authors-Robert TKiyosaki

"The main reason people struggle financially is because they spent years in school but learned nothing about moneyThe result is, people learn to work for moneybut never learn to have money work for coco chanel handbags the

Rich dad explained that criticism blinded while...

2010-08-06T23:23:44Z

Rich dad explained that criticism blinded while analysis opened -< eyesAnalysis allowed winners to see that critics were blind, and to see opportunities that everyone else missedAnd finding what people miss is | key to any success
Real estate is a powerful investment tool for anyone seeking financial independence or freedomIt is a unique investment toolYet, every time I mention real estate as a vehicle, I often hear, "I don't want to fix toilets That's what Peter Lynch calls "noise That's what my rich dad would say is the cynic talkingSomeone who criticizes and does not
analyzeSomeone who lets their doubts and fears close their mind instead of open their eyes
So when someone says, "I don't want to fix toilets," I want to fire back, "What makes you think I want to?" They're saying a toilet is more important than what they wantI talk about sac kelly hermes freedom from the rat race, and they focus on toiletsThat is the thought pattern that keeps most people poorThey criticize instead of analyze
" 'I don't wants' hold the key to your success," rich dad would say
Because I, too, do not want to fix toilets, I shop hard for a property manager who does fix toiletsAnd by finding a great property manager who runs houses or apartments, well, my cash flow goes upBut more importantly a great property manager allows me to buy a lot more real estate since I don't have to fix toiletsA great property manager is key to success in real estateFinding a good manager is more important to me than the real estateA great property manager often hears of great deals before real estate agents do, which makes them even more valuable
That is what rich dad meant by " 'I don't wants' hold the key to your success Because I do balenciaga twiggy not want to fix toilets either, I figured out how to buy more real estate and expedite my getting out of the rat raceThe people who continue to say "I don't want to fix toilets" often deny themselves the use of this powerful investment vehicleToilets are more important than their freedom
In the stock market, I often hear people say, "I don't want to lose money Well, what makes them think I or anyone else likes losing money? They don't make money because they chose to not lose moneyInstead of analyzing, they close their minds to another powerful investment vehicle, the stock market
In December 1996,1 was riding with a friend past our neighborhood gas stationHe looked up and saw that the price of oil was going upMy friend is a worry wart or a "Chicken Little To him, the sky is always going to fall, and it usually does, on him
When we got home, he fendi spy bags showed me all the stats as to why the price of oil was going to go up over the next few yearsStatistics I had never seen before, even though I already owned a substantial share block of an existing oil companyWith that information, I immediately began looking for and found a new undervalued oil company that was about to find some oil depositsMy broker was excited about this new company, and I bought 15,000 shares for 65 cents per share
In February 1997, this same friend and I drove by the same gas station, and sure enough, the price per gallon had gone up nearly 15 percentAgain, the "Chicken Little" worried and complained I smiled because in January 1997, that little oil company hit oil and those 15,000 shares went up to more than $3 per share since he had first given me the tipAnd the price of gas will continue to go up if what my friend says louis vuitton pink is true
Instead of analyzing, their little chicken closes their mindIf most people understood how a "stop" worked in stock-market investing, there would be more people -investing to win instead of investing not to loseA "stop" is simply a computer command that sells your stock automatically if the price begins to drop, helping to minimize your losses and maximize some gainsIt's a great tool for those who are terrified of losing
So whenever I hear people focusing on their "I don't wants," rather than what they do want, I know the "noise" in their head must be loudChicken Little has taken over their brain and is yelling, "The sky is falling and toilets are breaking So they avoid their "don't wants," but they pay a huge priceThey may never get what they want in life
Rich dad gave me a way of looking at Chicken Little "Just do what Colonel Sanders fairy bag prada d

Most people live their lives chasing paychecks,...

2010-08-06T10:14:12Z

Most people live their lives chasing paychecks, pay raises and job security because of the emotions of desire and fear, not really questioning where those emotion-driven thoughts are leading themIt's just like the picture of a donkey, dragging a cart, with its owner dangling a carrot just in front of the donkey's noseThe donkey's owner may be going where he wants to go, but the donkey is chasing an illusionTomorrow there will only be another carrot for the donkey
"You mean the moment I began to picture a new baseball glove, candy and toys, that's like a carrot to a donkey?" Mike askedAnd as you get older, your toys get more expensiveA new car, a boat and a big house to impress your friends," said rich dad with a smile"Fear pushes omega automatic seamaster watch you out the door, and desire calls to youEnticing you toward the rocks
"So what's the answer," Mike asked
"What intensifies fear and desire is ignoranceThat is why rich people with lots of money often have more fear the richer they getMoney is the carrot, the illusionIf the donkey could see the whole picture, it might rethink its choice to chase the carrot
Rich dad went on to explain that a human's life is a struggle between ignorance and illumination
He explained that once a person stops searching for information and knowledge of one's self, ignorance sets inThat struggle is a moment-to-moment decision-to learn to open or close one's mind
"Look, school is very, very importantYou go to school to learn a skill or profession so as twiggy balenciaga to be a contributing member of societyEvery culture needs teachers, doctors, mechanics, artists, cooks, business people, police officers, firefighters, soldiersSchools train them so our culture can thrive and flourish," said rich dad"Unfortunately, for many people, school is the end, not the beginning
There was a long silenceI did not comprehend everything he said that dayBut as with most great teachers, whose words continue to teach for years, often long after they're gone, his words are still with me today
"I've been a little cruel today," said rich dadI want you to always remember this talkI want you to always think of MrsI want you always to think of the donkeyNever forget, because your two emotions, fear and desire, can lead chloe paddington bags you into life's biggest trap, if you're not aware of them controlling your thinkingTo spend your life living in fear, never exploring your dreams, is cruelTo work hard for money, thinking that money will buy you things that will make you happy is also cruelTo wake up in the middle of the night terrified about paying bills is a horrible way to liveTo live a life dictated by the size of a paycheck is not really a lifeThinking that a job will make you feel secure is lying to yourselfThat's cruel, and that's the trap I want you to avoid, if possibleI've seen how money runs people's livesDon't let that happen to youPlease don't let money run your life
A softball rolled under our tableRich dad picked it up and threw it back
"So what does d

Today in America, the teachers union is the...

2010-08-02T23:18:17Z

Today in America, the teachers union is the largest and the richest labor union of allThe NEA, National Education Association, has tremendous political cloutTeachers need the protection of their union because their skills are also of limited value to an industry outside of educationSo the rule of thumb is, "Highly specialized, then unionize It's the smart thing to do
When I ask the classes I teach, "How many of you can cook a better hamburger than McDonald's?" almost all the students raise their handsI then ask, "So if most of you can cook a better hamburger, how come McDonald's makes more money than you?"
The answer is obvious: McDonald's is excellent at business systemsThe reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systems
A friend of mine in Hawaii is a great artistHe makes a louis vuitton duffle bag sizable amount of moneyOne day his mother's attorney called to tell him that she had left him $35,000That is what was left of her estate after the attorney and the government took their shares Immediately, he saw an opportunity to increase his business by using some of this money to advertiseTwo months later, his first four-color, full-page ad appeared in an expensive magazine that targeted the very richThe ad ran for three months He received no replies from the ad, and all of his inheritance is now goneHe now wants to sue the magazine for misrepresentation
This is a common case of someone who can build a beautiful hamburger, but knows little about businessWhen I asked him what he learned, his only reply was that "advertising salespeople are crooks I then asked him if he would be willing to take a course in sales and a course in direct marketingHis reply, "I don't have the relojes omega time, and I don't want to waste my money
The world is filled with talented poor peopleAll too often, they're ?poor or struggle financially or earn less than they are capable of, not f because of what they know but because of what they do not knowThey focus on perfecting their skills at building a better hamburger rather than the skills of selling and delivering the hamburgerMaybe McDonald's does not make the best hamburger, but they are the best at f selling and delivering a basic average burger
Poor dad wanted me to specializeThat was his view on how to be paid moreEven after being told by the governor of Hawaii that he could no longer work in state government, my educated dad continued to encourage me to get specializedEducated dad then took up the cause of the teachers union, campaigning for further protection and benefits for I these highly skilled and educated omega seamaster gold professionalsWe argued often, but I know he never agreed that overspecialization is what caused the need for union protectionHe never understood that the more specialized you become, the more you are trapped and dependent on that specialty
Rich dad advised that Mike and I "groom" ourselvesMany corporations do the same thingThey find a young bright student out of business school and begin "grooming" that person to someday take over the company So these bright young employees do not specialize in one department; they are moved from department to department to learn all the aspects of business systemsThe rich often "groom" their children or the children of others By doing so, their children gain an overall knowledge of the operations of the business and how the various departments interrelate
For the World War II generation, it was considered "bad" to skip from company to chanel j 12 companyToday, it is considered smart Since people will skip from company to company, rather than seek greater specialization, why not seek to "learn" more than "earn In the short term, it may earn you less In the long term, it will pay off in large dividends
The main management skills needed for success are:

1The management of cash flow
2The management of systems (including yourself and time with family)The management of people

The most important specialized skills are sales and understanding marketingIt is the ability to sell--therefore, to communicate to another human being, be it a customer, employee, boss, spouse or child-that is the base skill of personal successIt is communication skills such as writing, speaking and negotiating that are crucial to a life of successIt is a skill that I work on constantly, attending courses or buying educational tapes to expand my vintage hermes knowledge

On the court they're not little Johnny; they're...

2010-08-01T23:29:50Z

On the court they're not little Johnny; they're Michael Jordan, Sir Charles or Clyde Copying or emulating heroes is true power learningAnd that is why when someone like OSimpson falls from grace, there is such a huge outcry
There is more than just a courtroom trialIt is the loss of a heroSomeone people grew up with, looked up to, and wanted to be likeSuddenly we need to rid ourselves of that person
I have new heroes as I grow olderI have golf heroes such as Peter Jacobsen, Fred Couples and Tiger WoodsI copy their swings and do my best to read everything I can about themI also have heroes such as Donald Trump, Warren Buffett, Peter Lynch, George Soros and Jim RogersIn my older years, I know their stats just like I knew the fendi b bag ERAs and RBI of my baseball heroes I follow what Warren Buffett invests in, and read anything I can about his point of view on the marketI read Peter Lynch's book to understand how he chooses stocksAnd I read about Donald Trump, trying to find out how he negotiates and puts deals together
Just as I was not me when I was up to bat, when I'm in the market or I'm negotiating a deal, I am subconsciously acting with the bravado of Trump Or when analyzing a trend, I look at it as though Peter Lynch were doing it By having heroes, we tap into a tremendous source of raw genius
But heroes do more than simply inspire usHeroes make things look easyIt's the making it look easy that convinces us to want to be just like them"If they can do replica cartier tank it, so can I
When it comes to investing, too many people make it sound hardInstead find heroes who make it look easyTEACH AND YOU SHALL RECEIVE: The power of giving Both of my dads were teachersMy rich dad taught me a lesson I have carried all my life, and that was the necessity of being charitable or givingMy educated dad gave a lot by the way of time and knowledge, but almost never gave away money As I said, he usually said that he would give when he had some extra moneyOf course, there was rarely any extra
My rich dad gave money as well as educationHe believed firmly in tithing"If you want something, you first need to give," he would always sayWhen he was short of money, he simply gave money to his church or to his omega watches for sale favorite charity
If I could leave one single idea with you, it is that ideaWhenever you feel "short" or in "need" of something, give what you want first and it will come back in bucketsThat is true for money, a smile, love, friendshipI know it is often the last thing a person may want to do, but; it has always worked for meI just trust that the principle of reciprocity it is true, and I give what I wantI want money, so I give money, and it comes back in multiplesI want sales, so I help someone else sell something, and sales come to meI want contacts and I help someone else get contacts, and like magic, contacts come to meI heard a saying years ago that went, "God does not need to receive, but humans need to give
My rich dad montre cartier would often say, "Poor people are more greedy than rich people He would explain that if a person was rich, that person was providing something that other people wantedIn my life, over all these ; years, whenever I have felt needy or short of money or short of help, I simply went out or found in my heart what I wanted, and decided to give it firstAnd when I gave, it always came back
It reminds me of the story of the guy sitting with firewood in his arms on a cold freezing night, and he is yelling at the pot-bellied stove, "When you give me some heat, then I'll put some wood in And when it comes to money, love, happiness, sales and contacts, all one needs to remember is first to give what you want and it will come back in hermes borse drove

"Wow!" said rich dad"Now you sound just like most...

2010-07-31T23:28:05Z

"Wow!" said rich dad"Now you sound just like most of the people who used to work for mePeople I've either fired or they've quit
"So what do you have to say?" I demanded, feeling pretty brave for a little kidI've worked for you, and you have not kept your wordYou haven't taught me anything
"How do you know that I've not taught you anything?" asked rich dad calmly
"Well, you've never talked to meI've worked for three weeks, and you have not taught me anything," I said with a pout
"Does teaching mean talking or a lecture?" rich dad asked
"Well, yes," I louis vuitton pink replied
"That's how they teach you in school," he said smiling"But that is not how life teaches you, and I would say that life is the best teacher of allMost of the time, life does not talk to youIt just sort of pushes you aroundEach push is life saying, `Wake upThere's something I want you to learn' "
"What is this man talking about?" I asked myself silently"Life pushing me around was life talking to me?" Now I knew I had to quit my jobI was talking to someone who needed to be locked up
"If you learn life's lessons, you will do wellIf not, life will just continue cartier pasha watch to push you aroundSome just let life push them aroundOthers get angry and push backBut they push back against their boss, or their job, or their husband or wifeThey do not know it's life that's pushing
I had no idea what he was talking about
"Life pushes all of us aroundA few learn the lesson and move onThey welcome life pushing them aroundTo these few people, it means they need and want to learn somethingThey learn and move onMost quit, and a few like you fight
Rich dad stood and shut the creaky old wooden window that needed repair"If you learn this lesson, tiffany knockoff you will grow into a wise, wealthy and happy young manIf you don't, you will spend your life blaming a job, low pay or your boss for your problemsYou'll live life hoping for that big break that will solve all your money problems
Rich dad looked over at me to see if I was still listeningWe stared at each other, streams of communication going between us through our eyesFinally, I pulled away once I had absorbed his last messageI was blaming him, and I did ask to learn"Or if you're the kind of person who has no guts, you just give up every time life pushes youIf white chloe bag you're that kind of person, you'll live all your life playing it safe, doing the right things, saving yourself for some event that never happensThen, you die a boring old manYou'll have lots of friends who really like you because you were such a nice hard-working guyYou spent a life playing it safe, doing the right thingsBut the truth is, you let life push you into submissionDeep down you were terrified of taking risksYou really wanted to win, but the fear of losing was greater than the excitement of winningDeep inside, you and only you will know you didn't go mulberry bags fo

They pay everyone else first There have been...

2010-07-30T23:02:06Z

They pay everyone else first
There have been months in my life, when for whatever reason, cash flow was far less than my billsI still paid myself firstMy accountant and bookkeeper screamed in panic "They're going to come after youThe IRS is going to put you in jail "You're going to ruin your credit rating "They'll cut off the electricity I still paid myself firstBecause that's what the story The Richest Man In Babylon was all aboutThe power of self-discipline and the power of internal fortitude "Guts," in less elegant termsAs my rich dad taught me the first month I worked for dior rasta him, most people allow the world to push them aroundA bill collector calls and you "pay or else So you pay and not pay yourselfA sales clerk says, "Oh, just put it on your charge card Your real estate agent tells you to "go ahead-the government allows you a tax deduction on your home That is what the book is really aboutHaving the guts to go against the tide and get richYou may not be weak, but when it comes to money, many people get wimpy
I am not saying be irresponsibleThe reason I don't have high credit card debt, and doodad debt, is because I want to pay myself firstThe reason gucci ladies watch I minimize my income is because I don't want to pay it to the governmentThat is why, for those of you who have watched the video The Secrets of the Rich, my income comes from my asset column, through a Nevada corporationIf I work for money, the government takes it
Although I pay my bills last, I am financially astute enough to not get into a tough financial situationI don't like consumer debtI actually have liabilities that are higher than 99 percent of the population, but I don't pay for them; other people pay for my liabilitiesThey're called tenants1 in paying yourself first mulberry vintage is don't get into debt in the first placeAlthough I pay my bills last, I set it up to have only small unimportant bills, that I will have to pay
Secondly, when I occasionally come up short, I still pay myself firstI let the creditors and even the government screamI like it when they get toughWhy? Because those guys do me a favorThey inspire me to i go out and create more moneySo I pay myself first, invest the money, and let the creditors yellI generally pay them right away anywayMy wife and I have excellent creditWe just don't cave into the pressure and spend our savings or necklace chanel liquidate stocks to pay for consumer debtThat is not too financially intelligent
So the answer is:

1Don't get into large debt positions that you have to pay for Keep your expenses lowBuild up assets firstThen, buy the big house or nice carBeing stuck in the rat race is not intelligentWhen you come up short, let the pressure build and don't dip into your savings or investments Use the pressure to inspire your financial genius to come up with new ways of making more money and then pay your billsYou will have increased your ability to make more money as well as your financial discount hermes intelligen

Hello, my account friends

2010-04-30T13:29:14Z

Welcome to my first blog

Davy,--the preventing the corrosion of the...

2010-04-29T20:40:38Z

Davy,--the preventing

the corrosion of the copper; but it failed as a cure of the evil,

by producing one of an OPPOSITE character; either by preserving

too perfectly from decay the surface of the copper, or by

rendering it negative, it allowed marine animals and vegetables

to accumulate on its surface, and thus impede the progress of the

vessel

Other instances might, if necessary, be adduced, to show that

long intervals frequently elapse between the discovery of new

principles in science and their practical application: nor ought

this at all to surprise us Those intellectual qualifications,

which give birth to new principles or to new methods, are of

quite a different order from those which are necessary for their

practical application

At the time of the discovery of the beautiful theorem of Huygens,

it required in its author not merely a complete knowledge of the

mathematical science of his age, but a genius to enlarge its

boundaries by new creations of his own Such talents are not

always united with a quick perception of the details, and of the

practical applications of the principles they have developed,

nor is it for the interest of mankind that minds of this high

order should lavish their powers on subjects unsuited to their

grasp

In mathematical science, more than in all others, it happens that

truths which are at one period the most abstract, and apparently

the most remote from all useful application, become in the next

age the bases of profound physical inquiries, and in the

succeeding one, perhaps, by proper simplification and reduction

to tables, furnish their ready and daily aid to the artist and

the sailor

It may also happen that at the time of the discovery of such

principles, the mechanical arts may be too imperfect to render

their application likely to be attended with success Such was

the case with the principle of the hydrostatic paradox; and it

was not, I believe, until the expiration of MrBramah's patent,

that the press which bears his name received that mechanical

perfection in its execution, which has deservedly brought it into

such general use

On the other hand, for one person who is blessed with the power

of invention, many will always be found who have the capacity of

applying principles; and much of the merit ascribed to these

applications will always depend on the care and labour bestowed

in the practical detail

If, therefore, it is important to the country that abstract

principles should be applied to practical use, it is clear that

it is also important that encouragement should be held out to the

few who are capable of adding to the number of those truths on

which such applications are founded Unless there exist peculiar

institutions for the support of such inquirers, or unless the

Government directly interfere, the contriver of a thaumatrope may

derive profit from his ingenuity, whilst he who unravels the laws

of light and vision, on which multitudes of phenomena depend,

shall descend unrewarded to the tomb

Perhaps it may be urged, that sufficient encouragement is already

afforded to abstract science in our different universities, by

the professorships established at them It is not however in the

power of such institutions to create; they may foster and aid the

development of genius; and, when rightly applied, such stations

ought to be its fair and honourable rewards In many instances

their emolument is small; and when otherwise, the lectures which

are required from the professor are not perhaps in all cases the

best mode of employing the energies of those who are capable of

inventing

I cannot resist the opportunity of supporting these opinions by

the authority of one of the greatest philosophers of a past age,

and of expressing my acknowledgments to the author of a most

interesting piece of scientific biography In the correspondence

which terminated in the return of Galileo to a professorship in

his native country, he remarks, "But, because my private lectures

and domestic pupils are a great hinderance and interruption of my

studies, I wish to live entirely exempt from the former, and in

great measure from the latter And, in

another letter to Kepler, he speaks with gratitude of Cosmo, the

Grand Duke of Tuscany, who "has now invited me to attach myself

to him with the annual salary of 1000 florins, and with the title

of Philosopher and principal Mathematician to his Highness,

without the duties of any office to perform, but with most

complete leisure; so that I can complete my treatise on

Mechanics,

Hello, my account friends

2010-04-17T20:23:46Z

Welcome to my first blog

"Senior U.S. lawmakers visit Detroit auto show

2010-01-15T04:44:16Z

"Senior U.S. lawmakers joined visitors at the 2010 North American International Auto Show which opened in Detroit on Monday.

House of Representatives Speaker Nancy Pelosi said the visiting lawmakers had seen optimism of the U.S. auto industry leadership.

""What we saw here today was vibrant and optimistic leadership to leap over the competition and keep America No. 1,"" Pelosi told a press conference.

""Survival of the (auto) industry is central to our strong industrial, technological, and manufacturing base in our country. That industrial base is central to our national security,"" she said.

Amid the economic crisis that witnessed the fall of U.S. auto making giants Ford, GM and Chrysler, the U.S. government and Congress have approved billions of dollars to bail out the industry.

Other officials visiting the auto show on the opening day were House Majority leader Steny Hoyer, Transportation Secretary Ray LaHood and Labor Secretary Hilda Solis.

The Detroit auto show has drawn more than 700 motor vehicles designed by 61 automakers from across the world.

"

"Senior U.S. lawmakers visit Detroit auto show

2010-01-15T04:44:11Z

"Senior U.S. lawmakers visit Detroit auto show

2010-01-15T04:44:11Z

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2010-01-15T04:41:21Z

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