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Fred Smith



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Fred Smith 2009 Canadian Motorsports Hall of Fame Inductee

Sachem Photo by Bill Mehlenbacher ( www.nxphoto.com ) At the recent awards presentation for the Can/Am Stock Super Stock Series in Cayuga, the announcement was made by Wally Clark that Canadian Drag Racers and Car Builder Fred Smith would be inducted into the Motorsports Hall of Fame John Waldie, Canadian Motorsports Hall of Fame, Fred Smith 2009 Canadian Motorsports Hall...

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Berlau & Smith on Dealing with the Threat of Global Recession

CEI President Fred Smith and Director of the Center for Entrepreneurship, John Berlau, wrote a piece for the Washington Times addressing the international economic summit to take place at the White House later this month. The piece, published Sunday, pointed that transferring power from millions of American investors to a select few in Washington makes [...]

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Fred Smith, twice

Mr. Smith, "Fred Ex", founder and CEO of Federal Express, and star of a story I tell my classes about how economists are (sometimes) useless, gives an interesting interview (Wall Street Journal, 10/25). And he answers questions (Fortune, 10/7). Both...

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FedEx's Fred Smith on Why We Need Manufacturing

The Weekend Interview - WSJ.com Good interview with the CEO of FedEx, Fred Smith. If you click on the link above, be warned there's some political discussion (which I know many of you might be sick of at this point). Our election cycle is NOT a Lean process, cycle time-wise, and maybe that's good... but boy, this election has been going on forever. But I digress. Smith talks about...

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FedEx Chair Smith on the Economy, Stupid!

Fred Smith has a lot of kids and his youngest son, Cannon [Fred Jr.] is a redshirt freshman third-string QB for the Miami Hurricanes. Last year, he was in a math class with my daughter and they ended up texting each other for a while---however, my daughter's boy-friend is a former linebacker who hates QBs and that relationship with young Cannon is currently moribund, if not room...

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Fred Smith: Washington Is the Problem

... the assets. These people were making these fantastic returns -- at places like Fannie Mae and Freddie Mac -- but in reality they weren't adding a lot of value. I have said time and again that there is a fundamental tendency in good times in the financial sector to over-leverage. Our national policies actively encouraged all this debt."

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A crisis is a terrible thing to waste

After a long day on the conference circuit, I can report that the mood among business people is simultaneously grim (because of the economy) and hopeful (about the Obama administration and his economic team.) Today, I heard from, among others, Hank Paulson, Tom Friedman, Madeline Albright, management guru Jim Collins, Fred Smith (founder and CEO [...]

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The Bush legacy: the end of economic liberty

In a quotation found in the column “Atlas Blinked” by David Weigel of Reason Magazine, Competitive Enterprise Institute president Fred Smith talks about the real Bush legacy in light of the $700 billion bailout and other interventionist responses to the...

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Please Stop Capitalizing "Firm"

You work in a firm, not a Firm. I think the reason accountants and lawyers excessively capitalize has to do with legal documents (contracts and engagement letters) you know, “This contract is between Smith, Evans...

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Historical Artistic Creations From Concrete Park in Wisconsin

"In 1936, Fred Smith and John and Albert Raskie, built the Rock Garden Tavern on Route 13 just outside of Phillips, Wisconsin. During the construction of the Tavern, Fred grew interested in sculpting." Go here for more details and cool pics!

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Trying to Go Green As Gas Prices Fall

... and when oil prices declined again we went back to business as usual,” FedEx Corp. chief executive Fred Smith said this week on the sidelines of the Journal’s CEO Council conference. Part of the reason that happened: “There wasn’t a really good alternative for our transportation system,” Mr Smith said. But he noted that the development of lithium ion batteries for the information-technology...

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Obama announces early budget priorities: infrastructure and cleantech

... cleantech spending, however, might strike a non-partisan chord. For example, FedEx chief executive Fred Smith recently touted more oil drilling, less overall business regulation and an overhaul of the tax structure in order to spur innovation. Yet he also agrees that further developing battery-powered car technology is a generally important priority. Also of note: Obama published...

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MC5 at Sturgis Armory Jun 27, 1968

Rob Tyner - vocalsWayne Kramer - guitarFred "Sonic" Smith- guitar Michael Davis - bassDennis Thompson - drumsDetroit's MC5 are often mentioned as precursors to both Heavy Metal and the Punk movement, but this is merely a superficial observation. They had a raw, thrashy sound to be sure, but this was also a band on a mission. They began like many groups of the era, playing music for listeners...

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Corporate Taxes: Time to Forge a Compromise

... of the corporate tax code. Last year such top executives as Jim Owens, CEO of Caterpillar (), and Fred Smith, head of Federal Express (), threw their support behind a proposal by Treasury Secretary Henry Paulson to cut the overall rate to as low as 28% in return for an end to many tax breaks. Representative Charles B. Rangel (D-N.Y.), the powerful chairman of the tax-writing House...

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Governed out of Business

At the 2006 meeting of the National Conference of State Legislators, Federal Express founder Fred Smith noted, "The cost of government regulation is sometimes not what is, but what could have been." British historian Paul Johnson gives a vivid illustration of what was once possible, but is no longer: Another example is the Empire State Building, which officially opened on May 1, 1931....