In the last 100 years only Presidents George H.W. Bush, Jimmy Carter and Gerald Ford lost their bids for reelection. President Lyndon Johnson did not run for a second term.
When coal came into the picture, it took about 50 or 60 years to displace timber. Then, crude oil was found, and it took 60, 70 years, and then natural gas. So it takes 100 years or more for some new breakthrough in energy to become the dominant source. Most people have difficulty coming to grips with the sheer enormity of energy consumption.
You learn just as much from your failures. Sometimes you love your failures even more.
The extraordinary genius of John D. Rockefeller and Andrew Carnegie 100 years ago was their recognition that the great wealth they had amassed could be put to public good and used to solve the complex problems for which there were no other sources of capital.
Klas Pontus Arnoldson