It feels a lot different this time, ... Traditionally, you get interest rate cuts to stimulate domestic demand that is just foundering. ? But the U.S. economy doesn't need a kick in the pants right now to get it going.

In the quick-serve restaurant industry, our success rests on our ability to motivate our staff, streamline our operations and empower our employees. The applications that run on our Cisco IP phones are helping us maintain our unique sense of culture and improve our communication capabilities. I never imagined a phone would have such an impact on my business.

Every portfolio manager that you talked to is probably beaten up pretty badly right now. It's been a difficult environment but still, in all, it's an environment where we are going through the typical pre-release of earnings numbers.

If you want to build the condos, that's fine, but to get rid of a cultural asset makes no sense. Don't destroy these buildings indirectly by leaving only the facades. It's a hypocrisy to say you want to preserve the history to then gut the buildings.

(The market) is telling you that at these levels, given all the warnings we've had from every Fed governor on the planet about the risk of higher interest rates, that people are nervous in front of tomorrow.

There's certainly a demand for it.

We are going to be facing some major choices as we go through the budget process.

People have discovered the word risk again.

We suspect that right now we are in the midst of what is a normal 10 percent correction. This is normal market volatility that people aren't really used to. A lot will be driven by the releases on the economy at the end of next week, namely the employment number.

We'll see if that's sustained or if it's an anomaly because people choked at the $3 gas.

Students returned still in lock-down mode to give teachers an opportunity to take roll. Then, the school went into an abbreviated instructional schedule. We did what we were supposed to do. We went into lock-down. We promptly evacuated the building. And we took the extra step of making sure that all students were accounted for.

We've all been conditioned to say, 'lower interest rates, higher stock prices, better buying opportunity,'.