I'm back. Thanks to the brilliant and energetic Steve Waite for contributing last week. Read his book.
I leave the country for a few days and madness ensues: (I'll hold off on the blackouts for just a sec) but most interesting was the Oracle of Omaha (Warren Buffet, not Larry Ellison) threw his weight behind Conan the Barbarian as economic advisor. (I'm waiting for Gary Coleman to appoint Matthew Lesko, the-question-mark-guy to his own council). Buffet is considered the greatest value investor of all time and his social currency is worth a lot.
And that credibility and legitimacy also starts a positive feedback cycle that has already attracted others like Forbes/Wolfe Nanotech Report reader and nanotech supporter Gov. George Pataki. Pataki's support move is like a callable option. He buys into Arnold now, and can strike in-the-money and cash in with tacitly understood reciprocity. If it's a position in the Bush administration Pataki wants, helping a republican like Schwarzenegger clinch California before the 2004 election will win lots of brownie points with Bush. And if not, and he has other plans: celebs are phenomenal fundraisers.
But Pataki also has his hands full with major hometown issues like Blackout 2003.
We broke the pending energy crisis and nanotech's major role two months ago in our June 2003 Forbes/Wolfe Nanotech Report issue.
"...Energy is to an industrial society what oxygen is to the body. Even a few minutes without it and the whole complex organism collapses."
Lots of folks in in the northeast experienced a small taste of that last Thursday evening. You can read that article about the supply problem and the nanotech answers including Nobel laureate Rick Smalley's nanotube quantum wire depcited above HERE.