Word: prudently
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Inman did not ask Clinton for a specific dollar commitment on the defense budget. Long convinced that the Pentagon procurement process is bloated and slow, Inman strongly believes more prudent spending could achieve savings, and is likely to make procurement reform a major goal. Aspin never really got control over the budget process. Early this year he sent memos to service chiefs telling them to propose $11 billion in reductions in addition to cuts the Bush Administration had already made in the Defense Department for fiscal 1994. But when he introduced his first Pentagon budget in March, it failed...
...issue a flat ban on the raising of funds. Rather, during the life of the Advisory Committee, the Dean of the Faculty of Arts and Sciences, supported by Stager, required that any approaches for money be cleared through the Dean and the Director of the Museum. This was prudent. If the Museum goals were to be redefined in order to focus them on the museum's central tasks in the University, attempts to raise funds should not be sought primarily or wholly for peripheral projects, binding the Museum to continue its lop-sided program indefinitely into the future. Peretz' claim...
...president does not turn away from the path of increased taxes and towards a more prudent economic policy, the jobs of countless Americans will be lost...
Restic, typically prudent and in love withHarvard, set up a trip to Philadelphia and made nopromises. Meanwhile, the Eagles, so confident thatthe native Pennsylvanian would take the job,scheduled a press conference to announce hisacceptance on the day of his trip. Alarmed by thispresumptuousness and taking his family and thepeople at Harvard into consideration, Resticrespectfully declined the offer...
Spreading risk is prudent investment strategy. But the latest contingent of global explorers is less interested in diversifying risk than in chasing returns. Says David Herro, who runs the Oakmark International Fund: "It's almost scary what's happening today. They're shooting first and asking questions later...