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The issue for 2006 will be momentum. So far the expansion has been able to withstand shocks such as rising energy prices. A slower ISM number is consistent with an economy likely to slow over the coming months and quarters.

Over most of the past several years, the behavior of unit labor costs has been quite subdued, ... But those costs have turned up of late, and whether the favorable trends of the past few years will be maintained is unclear.

Alan Greenspan (1926-)

Alan Greenspan

... the flexibility of our market-driven economy has allowed us, thus far, to weather reasonably well the steep rise in spot and futures prices for crude oil and natural gas that we have experienced over the past two years,

Alan Greenspan (1926-)

Alan Greenspan

The economy is turning, and credit comes in with a lag, ... To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.

Alan Greenspan (1926-)

Alan Greenspan

Protectionism in all its guises, both domestic and international, does not contribute to the welfare of American workers, ... At best, it is a short-term fix at a cost of lower standards of living for the nation as a whole.

Alan Greenspan (1926-)

Alan Greenspan

We had never gone into the championship game having that lack of pressure. This makes it a little bit better. Hopefully it will get us a top 16 seed. Our guys battled so hard. I can't be prouder for a group than those guys.

That's a nuance that is left, really, to the bargaining table. We told the union that despite the fact that we're going to continue operating the plant, we are very interested, always have been, in reaching a new agreement.

Texas is failing to meet federal environmental clean air standards and therefore there is pressure to lower pollution from these facilities. Gov. Bush has taken a position that they should do so through a voluntary program.

This year was an amazing effort by the uphill group. Road Conditions were slower with washboard sections, loose chunky rocks in the construction areas, as if 3,000 feet of elevation gain and 12 km of climbing wasn't enough.

The problem with inflation targeting is that it carries with it a risk of less flexibility at times, and that could be problematical. But it also makes policy less of a black box, so policy is likely to be more transparent.

I will say that this has been our project mascot for a long time, this little ground-down pencil. And it represents perseverance to get this project under way, to get it built, to get it launched and now to get it to Pluto.

(Grilli) did an outstanding job. I couldn't be happier. I'm sure he's very happy. He did a great job tonight. He had a good curveball tonight. Normally when he's pitching well, it's working for him. He threw it for strikes.

Alan Trammell (1958-)

It is disappointing for Daniel and we certainly have nothing against him but it has been unfortunate that he has had injuries that have restricted him to virtually being a passenger. We wish him all the best for the future.

The reason we have poverty is that we have no imagination. There are a great many people accumulating what they think is vast wealth, but it's only money... they don't know how to enjoy it, because they have no imagination.

Alan Watts (1915-1973)

Alan Watts

If only nature is real and if, in nature, only desire and destruction are legitimate, then, in that all humanity does not suffice to assuage the thirst for blood, the path of destruction must lead to universal annihilation.

Albert Camus (1913-1960)

Albert Camus

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