Word: cautionings
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...other is a King known for caution bordering on indecision and endless consultations before taking any action. His fiscal prudence is so extreme that he once became tearful on television while confessing that he could not balance his country's budget. He has for years conducted an exquisite balancing act among factions in his royal family, between the West and the Arab world, between the tug toward high-tech modernization and the impulse to preserve the semifeudal culture of his kingdom...
Amid the cries of alarm, some experts caution against equating the banking industry's problems with the thrift disaster. Overall, banks in the U.S. earned $26 billion last year, while S&Ls lost more than $19 billion. "I disagree strongly with the notion that the problem in the banking industry resembles the early stage of the S&L debacle," says Thomas McCandless, who follows the industry for Goldman, Sachs. "The regulatory environment has been much more rigorous than the loosey-goosey kind of overview that occurred in the S&L industry...
...film's largest strength is its fully dimensional re-creation of the man's spirit, about which Eastwood is thoughtfully, often amusingly, ambivalent. Huston's love of risk and contempt for caution, qualities that brought out the best in people who co-ventured with him over dangerous ground, are admiringly stated. In one of the movie's best passages, Wilson deliberately picks a fight he knows he will lose with a white racist in an exclusive African club. Sometimes, he says, bloodily staggering away from the encounter, you have to volunteer for losing causes or "your guts will turn...
...Warsaw Pact is crumbling, and the totalitarian governments set up by the Soviets in Eastern Europe have given way to democratic movements. For Americans to be hostile to the Russians solely because we were taught so in our youths would be foolish now. I do not advocate throwing caution to the winds; the Soviets still possess awesome military might, being the only power that could totally annihilate the United States. However, to maintain our former hard-line stances would be impractical...
What accounts for this sudden sprouting of caution on the right? Partly it is a return to isolationist tendencies that go back to the earliest days of the Republic. In 1796 George Washington warned against the dangers of entangling alliances: "The great rule of conduct for us in regard to foreign nations is, in extending our commercial relations, to have with them as little political connection as possible." Over the centuries, the desire to retreat from a global role has ebbed and flowed, and in the 1930s Congress even passed neutrality laws in the hope of preventing the U.S. from...