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Big cities like New York are thriving, economically, culturally, in terms of real estate values, and by a slew of other measures. Yet, at the same time, much of the country has been utterly hollowed out. In California, where I live, affluent coastal cities such as San Francisco and the Silicon Valley hubs have lower than national average unemployment, higher wages, higher tax bases. Meanwhile, there are inland counties in California where there's still nearly 20 percent unemployment.
Whenever you get involved with talking about rights, you're talking about being a citizen. You're talking about being a citizen in capitalism; you're talking about what rights are granted to what identities, under what laws, and all that is a big mix. Marriage is, among many other things, a formality to channel capital through a family. And that's why the big DOMA lawsuit was about paying too many taxes! "I wouldn't have had to pay all these taxes if Theodora had been Theo" - that was the big tagline. It's all about protecting assets.
A tobacco industry has been a fairly linear and predictable industry. You know what's going to happen every year. You know from time to time you are going to have a tax increase, you are going to have regulatory restriction, but, as it applies to everybody, I think we are doing very well. But now it's much more technology-driven. Competitors other than our traditional competitors can come in, whether legitimate or fly-by-night ones, and you have to anticipate all those things. The whole organization has to gear up to this new reality and these new competitive rules around it.
