Word: avoiding
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Dates: during 1980-1989
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Weinberger and Secretary of State George Shultzboth said they fought hard against that policy butfailed to convince the president. Weinberger saidthe way to avoid such damage in the future is "notto embark on a policy of this kind...
...exchange for their testimony, North and Poindexter were promised that only evidence gathered independently of their congressional appearances could be used against them in criminal prosecutions. Independent Counsel Lawrence Walsh, who has been seeking such evidence, ordered key staffers not to watch the hearings, to avoid being tainted by protected testimony...
...mere fact that the tranquil-looking admiral could claim that this was the case illustrates what was so dangerously wrong about the Iran-contra operation. At every step of the way, it was designed to avoid the political accountability that is at the heart of American democracy. The authorizations and findings required for the Iranian arms deals either were never sent to the proper officials or were destroyed and conveniently forgotten. Gunrunning to the contras was handled by a network of ragtag profiteers coordinated by a colonel on the National Security Council staff. And the President...
...public accountability with its need to conduct covert activities in a dangerous world has always been maddeningly difficult. But if the Iran-contra affair proves anything, it may be that policies able to stand up under democratic scrutiny tend to be better, even wiser, than those designed to avoid it. Operating the shadowy network that handled arms deals with Iran and funneled funds to the contras required a prolonged series of lies to Congress and the American people, the deception of U.S. allies, and keeping top Cabinet officials and perhaps even the President in the dark. Any policy that depends...
...variety of their methods, private investors have many common guidelines. For example, many small investors avoid buying individual foreign stocks, since they may have trouble getting timely information about the securities. Small-time investors generally shun stock options, futures and other risky instruments unless they have carefully constructed a way to use them as a hedge against losses in their common-stock portfolio. Finally, they frequently establish predetermined selling points at which they will dump a stock to cut their losses or capture their gains. Says Melissa Lamb, 28, a Manhattan real-estate broker who is learning the hard...