Word: foresights
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...feeling their way around a room, each believing himself in mortal peril from the other, whom he assumes to have perfect vision. Each side should know that frequently uncertainty, compromise and incoherence are the essence of policymaking. Yet each tends to ascribe to the other side a consistency, foresight and coherence that its own experience belies...
Ludwig's fortune is based on foresight; after World War II, he built the first supertanker in Japan and devised the means to finance ships through long-term charters. Recalls a former aide: "Often he just sits in his office and thinks three or five years down the road." In the 1950s Ludwig began pondering the world's increasing use, and dwindling supply, of pulp and timber. After surveying sites in Venezuela and elsewhere he settled on Brazil, in part because he found an immense tract for the right price. He bought the land in 1967 for less...
...schools can match the fiscal foresight of the law school of New York University, which bought a New Jersey noodle factory in 1947 for $3.5 million. After receiving millions in profits over the years from the sale of spaghetti and macaroni, the school sold the company for $115 million in 1976. That may be the only use of pasta to finance higher education, but other novel strategies for coping with the fiscal crunch have yeasted up all over. Among them...
Another incident took place in 1960, shortly after John F. Kennedy's election to the presidency, while he was in Boston giving a press conference. Two intrepid WHRB reporters, at the conclusion of Kennedy's remarks, had the foresight to leap into the back of his cab, ignoring the protests of Secret Service men. The reporters fortunately had one of the early portable tape recorders with them. Kennedy was so taken aback by their pluck that he submitted to an interview all the way to the airport...
Hurrah for Carter's 6th veto and the support from the Representatives! They are using foresight. Too much of what goes on in Washington is hindsight: investigating actions that have already been committed. This takes time that should be spent on blocking unnecessary expenditures of taxpayers' money...