More on frugality

November 29, 2007

Quoting this Forbes article:

Stanford professor David Cheriton made his billions by introducing Google (nasdaq: GOOG news people ) founders Sergey Brin and Larry Page to the venture capitalists at Kleiner Perkins Caufield & Byers. He was rewarded with a sizable chunk of Google stock.

Canadian Cheriton says he prefers to ride his bike around his Palo Alto, Calif., neighborhood, and relies on an old Volkswagen (other-otc: VLKAF news people ) van or a Honda (nyse: HMC news people ) sedan when he needs to get behind the wheel. He says he only flies commercial, prefers jeans to designer clothes and claims to reuse his teabags. He also cuts his own hair to save time going to a barber. His indulgence: two windsurfers.

When contacted about this story, Cheriton cited the Wikipedia definition of frugality: “The acquiring of and resourceful use of economic goods and services in order to achieve lasting and more fulfilling goals.” He says, “That’s certainly something I aspire to.”

What Mitt should have said

November 29, 2007

Apparently in a recent debate Mitt Romney was asked if he believed that water boarding was torture. He hedged and refused to commit himself to an answer. McCain had a nice chance to rip into him.

I don’t know if waterboarding is torture either. And I don’t know if it is appropriate to answer questions if you don’t know the answer. Here’s what I wish he had said.

“I don’t know if water boarding is torture and I’m not prepared to make a statement right now on something that I don’t know. In fact, I think it is clear that we need to do some careful work to determine what is torture and what is not based on objective science and clear standards. However, I don’t have to know the answer right now: if there is any question about it being torture then we need to stop immediately. Our nation is meant to stand up as an example of respect for the dignity of human life and liberty. Any act that takes away from our ability to set such an example is not worth short term benefits that may be achieved by taking it.”