Nouriel Roubini on cnbc’s Squawk Box – Sept 14, 2009. pages.stern.nyu.edu Professor of Economics and International Business at the Stern School of Business, New York University. * Advisor to the US Treasury Department, July 2000 – June 2001 * Senior Advisor to the Under Secretary for International Affairs; Director of the Office of Policy Development and Review (US Treasury) , July 1999 – June 2000 * Senior Economist for International Affairs, White House Council of Economic Advisers, 1998-1999 Nouriel Roubini Department of Economics Stern School of Business, KMC 7-83 New York University 44 West 4th Street New York, NY 10012. Phone: 212-998-0886 Fax: 212- 995-4218 nroubini@stern.nyu.edu

President Barack Obama in his First State of the Union Address Jan 27 2010 Part 5 Speech with Farsi translation فارسی princeshadow16april8 Wednesday Jan 27, 2010 چهارشنبه 7 بهمن ۱۳۸۸. Full Text of Obamas State of the Union Speech Now, the House has already passed financial reform with many of these changes. (Applause.) And the lobbyists are trying to kill it. But we cannot let them win this fight. (Applause.) And if the bill that ends up on my desk does not meet the test of real reform, I will send it back until we get it right. Weve got to get it right. (Applause.) —- Next, we need to encourage American innovation. Last year, we made the largest investment in basic research funding in history – (applause) — an investment that could lead to the worlds cheapest solar cells or treatment that kills cancer cells but leaves healthy ones untouched. And no area is more ripe for such innovation than energy. You can see the results of last years investments in clean energy – in the North Carolina company that will create 1200 jobs nationwide helping to make advanced batteries; or in the California business that will put a thousand people to work making solar panels. But to create more of these clean energy jobs, we need more production, more efficiency, more incentives. And that means building a new generation of safe, clean nuclear power plants in this country. (Applause.) It means making tough decisions about opening new offshore areas for oil and gas development. (Applause.) It means continued investment in advanced biofuels and clean coal technologies. (Applause.) And, yes, it means passing a comprehensive energy and climate bill with incentives that will finally make clean energy the profitable kind of energy in America. (Applause.) I am grateful to the House for passing such a bill last year. (Applause.) And this year Im eager to help advance the bipartisan effort in the Senate. (Applause.) I know there have been questions about whether we can afford such changes in a tough economy. I know that there are those who disagree with the overwhelming scientific evidence on climate change. But heres the thing — even if you doubt the evidence, providing incentives for energy-efficiency and clean energy are the right thing to do for our future – because the nation that leads the clean energy economy will be the nation that leads the global economy. And America must be that nation. (Applause.) Third, we need to export more of our goods. (Applause.) Because the more products we make and sell to other countries, the more jobs we support right here in America. (Applause.) So tonight, we set a new goal: We will double our exports over the next five years, an increase that will support two million jobs in America. (Applause.) To help meet this goal, were launching a National Export Initiative that will help farmers and small businesses increase their exports, and reform export controls consistent with national security. (Applause.) We have to seek new markets aggressively, just as our competitors are. If America sits on the sidelines while other nations sign trade deals, we will lose the chance to create jobs on our shores. (Applause.) But realizing those benefits also means enforcing those agreements so our trading partners play by the rules. (Applause.) And thats why well continue to shape a Doha trade agreement that opens global markets, and why we will strengthen our trade relations in Asia and with key partners like South Korea and Panama and Colombia. (Applause.) Fourth, we need to invest in the skills and education of our people. (Applause.) Now, this year, weve broken through the stalemate between left and right by launching a national competition to improve our schools. And the idea here is simple: Instead of rewarding failure, we only reward success. Instead of funding the status quo, we only invest in reform — reform that raises student achievement; inspires students to excel in math and science; and turns around failing schools that steal the future of too many young Americans, from rural communities to the inner city. In the 21st century, the best anti-poverty program around is a world-class education. (Applause.) ————————————— And in this country, the success of our children cannot depend more on where they live than on their potential. When we renew the Elementary and Secondary Education Act, we will work with Congress to expand these reforms to all 50 states. Still, in this economy, a high school diploma no longer guarantees a good job. Thats why I urge the Senate to follow the House and pass a bill that will revitalize our community colleges, which are a career pathway to the children of so many working families. (Applause.)

www.bbc.co.uk Evan Davis presents the series where budding entrepreneurs pitch their ideas to five multi-millionaires willing to invest. Hair colour technician, Shaun Pulfrey, pitches for investment in his Tangle Teezer, a unique device to de-tangle wet or dry hair. Polly Marsh and Helen Wooldridge pitch their Cuddledry apron-style bath towel which is designed to make bath times easier for parents with little babies. Dina Parbat’s Peaches of London produces fashionable underwear involving popping pants that pop at the crotch and at either side for ease of use and to allow the wearer to mix and match underwear. Les Laing’s Spot-On Golf golfing aids includes the Swing Plane to help players develop the muscle memory needed for that perfect golf swing. Michael Witham is looking for investment in his Caveman’s Bat Guano enterprise, offering bat dung as an organic, odourless fertiliser for gardeners. Masuma Fatima’s invention is the ibox, a wooden foldable ironing board and laundry storage solution concealed within a wooden cabinet. Jamie Jenkinson brings his Cush ‘n’ Shade, a fold away sunscreen that acts as a cushion and a shade whilst sunbathing. Chris Mayo’s Sweet Counter business produces maths and literacy products for the school and parents market. Will the entrepreneurs get a step closer to reaching their business dreams, or will the dragons cut them and their inventions down to size?

Part 1: Robert Prechter speaks at the 2007 New Orleans Investment Conference. Visit Prechter on the web for his latest market commentary, monthly market letter and additional free and subscription resources: www.elliottwave.com

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