Last year, we established a new unit to combat fraud and investigate the abusive lending and mortgage packaging that led to the housing crisis.

WHITEHOUSE: The White House

This recognizes that we should always consider our established strengths whenever we are moving into a new realm of knowledge.

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Think about it: We established new fuel economy standards, a historic accomplishment that is going to slash oil consumption by about 12 billion barrels, dramatically reduces pollution that contributes to climate change, and saves consumers thousands of dollars at the pump, which they can then go spend on something else.

WHITEHOUSE: President Obama Speaks to Environmental Protection Agency Staff | The White House

"We're opening up a new paradigm for which there is no established system of collecting data, " de Soto says of the assessment stage of his efforts.

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That difficulty is troubling, but not fatal, not least because we are interpreting the scope of a long-established constitutional power, not recognizing a new constitutional right.

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"If it was that easy to gain share against New York, we said, in a year, two years all the established exchanges in Europe will be facing similar types of issues, " Greifeld recalls.

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The second, infrastructure, was all about providing the emerging world with the tools for plugging into our established, still rising, prosperity, what we take for granted but what was a huge step for billions of new consumers.

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