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...financial legend. His success lay in patiently waiting for prices to reach "points of maximum pessimism." In addition to leading me into global emerging markets by asking me to manage the first Templeton emerging-markets fund, he taught me and others how to become investors by pursuing long-term goals and undervalued securities. He taught us that in order to find the best investment opportunities, you must open your mind to all possibilities around the world. More important, he showed us that if you want to be successful in any endeavor, particularly investing, you need to keep an open mind...
...Huntington was coordinator of security planning for the National Security Council under President Jimmy Carter. The following decade, Huntington served on the Presidential Commission on Long-Term Integrated Strategy...
...further weaken Abbas. In the weeks preceding the strikes, Israeli security officials warned that there is no end game, because a limited campaign would be unlikely to eliminate Hamas in Gaza, and a full-blown ground invasion would find Israel forced to reoccupy the territory on a long-term basis...
...According to the CSBA study, the Administration has fudged the war's true costs in two ways. Borrowing money to fund the wars is one way of conducting them on the cheap, at least in the short term. But just as pernicious has been the Administration's novel way of budgeting for them. Previous wars were funded through the annual appropriations process, with emergency spending - which gets far less congressional scrutiny - used only for the initial stages of a conflict. But the Bush Administration relied on such supplemental appropriations to fund the wars until 2008, seven years after invading Afghanistan...
...that would have put in place a special election for Obama's vacant Senate seat rather than leave it open to appointment. Their defense was that it would be prohibitively expensive to hold a vote, especially since candidates would have to run again in 2010, when Obama's current term expires. (As it stands, no one knows how and when the seat will be filled, since Blagojevich has made it clear he is not going to make the appointment under the current cloud...