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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (45134)10/25/2011 8:31:57 PM
From: J Mako1 Recommendation   of 78740
 
Paul,

re: HRS

Probably you've read this already:

online.barrons.com

The three drivers of defense spending are the agenda, the threat environment—real and perceived—and the availability of funds. Our agenda has been and will be that we are the world's remaining superpower and we have every intention of remaining that. Availability of funds, well, one could debate that. But the important part is the threat environment, real and perceived. We have the terrorist threat. We have the nuclearization of the Middle East. And we have China, which states in its military doctrine that it intends to be the No. 1 military, economic and political superpower by 2020. Then you have to ask, What is Putin's agenda? He would like to restore Russia to its former greatness.

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I'm still sitting on the fence....
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