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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: PROLIFE who wrote (485265)11/2/2003 1:34:15 PM
From: Orcastraiter  Respond to of 769670
 
You have to stop spending so much time in the pit reading hate sites.

Orca



To: PROLIFE who wrote (485265)11/2/2003 4:20:11 PM
From: calgal  Read Replies (2) | Respond to of 769670
 
BOUNCING BACK

The 'But' Economy
Not every silver lining has a dark cloud.

BY JACK WELCH

URL:http://www.opinionjournal.com/extra/?id=110004247
Saturday, November 1, 2003 12:01 a.m. EST

Guess what? There is an economic recovery under way, but you never would have known it last week when earnings reports came out. Even though many companies from battered sectors--including some companies left for dead just two or three years ago--recorded positive results, their successes were almost universally reported with the word but prominently featured. The stories in the papers and on TV went something like this:

• Sales were up--but analysts warned that cost cutting explained most of the gains.

• Earnings were up--but the mood of optimism was tempered by concerns about global competitiveness.

• Cash flow was up--but the company still faces harsh tests in coming months.

Now, I am not claiming that the economy is fixed. It's not. And there are, obviously, challenges ahead if a full recovery is going to occur. It's undeniable, however, that most companies are posting significantly improved results. Not only can millions of hardworking people celebrate--they should. They've earned the right. That's why we can't rain all over their efforts--their motivation and innovative spirit and can-do attitudes. Those good feelings, as any economist will tell you, are key drivers of company productivity and consumer confidence. The fact is a recovery will be a lot harder if we keep saying "but" about damn good news.

Two particularly glaring "but" stories from last week come to mind--Xerox and Lucent.

Xerox has been through the wringer. It's had accounting difficulties. It's paid millions of dollars in fines. It has experienced market-share erosion from product misses and noncompetitive costs, and its employees and shareholders have suffered. Two grueling years later, however, Anne Mulcahy and her team appear to be turning the ship around. The company reported that its earnings grew 18% in the third quarter. From the reporting on it, though, you would have thought the company was still taking on water. The good results, it was reported, mainly came from cost cutting. Of course they did! While innovation is the lifeblood of business, cost competitiveness is a given if you want to win in the global economy.

Lucent is an even more dramatic case. For the first time since March 2000--that's 10 quarters--the company actually posted a profit, thanks to the persistence and creativity of Pat Russo, her top team, and tens of thousands of employees. It was time for a party. But Lucent's turnaround was spray-painted with "but" this and "but" that. The company's good results were subjected to the usual harangue about telecom industry spending and attributed mainly to cost-cutting. Oh no--not that again.

The good news out of other sectors got much the same treatment. Time Warner, which has angered its shareholders for a couple of years now, reported increased revenues and operating income in the third quarter. That news was pretty much lost in commentaries about the continuing saga of the company's Internet activities. Meanwhile, Citicorp and a slew of other banking industry giants were showing sensational results. What did you hear? Reserve provisions for bad loans were down. This "but" could have actually been cast as "because." For instance, "Earnings were sensational because, among other factors, reserve provisions are down as a result of improved risk management and a stronger economy."

Of course, you have to wonder--why all the grumpiness? Why has every cloud got a dingy gray lining? There are probably many reasons but two come right to my mind.Go back to 1999, the last year that positive results were routinely reported. There was no "but" economy grousing then. And that's exactly the problem. The media (and pretty much everyone else) believed that trees did indeed grow to the sky. Very few asked, "How solid are these results? How long can they last? Will these markets grow forever?"

When the bubble burst, a lot of people got burned--and not just shareholders. Many people in the media had hyped companies that flamed out because they were based on unrealistic business models or turned out to be rotten to the core. They felt burned too. Today, when the media reports good news, it feels safer to stick "but" in every sentence.

The other reason is political. Back in the days of Clinton-bashing, the ideological divide in the country seemed like it couldn't get wider. Well, it has. Bush-hating has pushed it to new levels. Never before have Democrats and Republicans been more vitriolic in their disdain for each other; it feels like war. And frankly, what would be worse for the Democrats right now than an economic recovery? That's an awful big battle to lose as the election approaches.

Now, I'm not suggesting "irrational exuberance" again. First of all, it's not warranted (yet), and giddiness about the economy didn't really help last time. And I'm also not asking that people forget what happened during the boom. Some companies and executives absolutely earned the right to get nothing but disrespect and doubt.

If we are ever to get competitive again, though, we can't indiscriminately put a negative spin on what is legitimately good news. We live in a global economy; India and China get stronger and better every single day. To have a fighting chance, companies need to get every employee, with every idea in their heads and every morsel of energy in their bodies, into the game.

The facts are, companies are not bricks and mortar, but people, with blood and sweat and tears. People are the reason for the recent recovery, and people are the reason it will continue--if it does. That's why we need to tell the people who have earned it not "but," but "Bravo."

Mr. Welch is former chairman and CEO of General Electric.



To: PROLIFE who wrote (485265)11/2/2003 5:50:08 PM
From: calgal  Respond to of 769670
 
The long, hard slog
By Oliver North

MEMORANDUM FOR: Donald Rumsfeld, Secretary of Defense
RE: Your 16 October 2003 Memo, "Global War on Terrorism"

Mr. Secretary: Though your memo was widely misunderstood and misconstrued by my colleagues in the media, it asks all the right questions. Hopefully you've already received responses from intended recipients, Messrs. Meyers, Wolfowitz, Pace and Feith. Since a copy found its way to my "in" box" as I prepare to return to Iraq, herewith, responses to some of the questions you posed.
You first asked, "Are we winning or losing the Global War on Terror?"
Short answer: Yes. The first standard for gauging success in the war on terrorism is the defense and security of Americans here at home. Since September 11, 2001, when nearly 3,000 people died in the U.S. at the hands of Islamic Jihadists, we have not had a similar event on our shores.
Sun Tzu the great Chinese strategist once counseled, "Those skilled in war bring the enemy to the field of battle and are not brought there by him." The president's political opponents may decry the approach, but you have succeeded in shifting the battleground from U.S. territory to Afghanistan and Iraq. While that makes Afghanistan and Iraq more dangerous in the short term, it can make the U.S. and the world safer in the long term, if we stay the course. Critics who complain that Iraq is now "the central front in the war on terror," miss the gruesome point that it that much easier to kill and capture terrorists if there is a central front. In short, though you can't say it publicly, it's better to battle terrorists in Baghdad than in Boston.
You asked: Does the CIA need a new finding?
Short answer: No. We need a CIA. Since the late 1970s we haven't had an intelligence service worthy of the name. That's not to say we don't have some very smart, dedicated and courageous people working at collecting, analyzing and disseminating intelligence. We do. But for more than two decades the CIA has been a political football in Washington. As a consequence, our ability to collect human intelligence — the only kind that matters in this war — has been drastically curtailed. CIA Director Stan Turner gutted the Clandestine Service, apparently believing we didn't need spies because "satellites can read a license plate from a hundred miles in the sky." Great idea if we're being attacked by license plates — but a lousy concept when small cells of Islamic Jihadists are plotting murder and mayhem.
All my media colleagues keep asking, "Why didn't we know about September 11?" and "What happened to the Iraqi weapons of mass destruction?" and "Why can't we find Osama or Saddam?" You and I both know the answer: We don't know these things because we had — and have — lousy human intelligence (HUMINT). Admitting this to the American people won't give away any secrets to our adversaries — they already know it.
If we're to win this war, somebody well up in the hierarchy of this administration must confront this issue head on — and soon. Start by thanking George Tenant, the current CIA director, give him a gold watch and get him a professorship at Georgetown. Then hire a CIA director who can attract, train and field more Clandestine Service officers who will serve without diplomatic passports to recruit locals in Iraq to spy for us in the souks, madrassas and Islamic centers of the Middle East. Then, go to the Congress and tell them they will have to promise never again to threaten prosecution for CIA officers who collect information from bad people. We're not going to penetrate al Qaeda or Ansar Al-Islam with graduates of Mother Theresa's Home for Unwed Mothers.
You also ask, "Are we capturing, killing or deterring and dissuading more terrorists every day than the madrassas and the radical clerics are recruiting, training and deploying against us?"
Short answer: No. Herein lies the heart of the long-term problem — and the key to the solution for the war in which we are now engaged. It's great that more people in Iraq have electricity today than before hostilities commenced on March 19. It's good that more shops, sewage treatment plants and water purification facilities are opening. But in the long term, it's even more important that schools are reopening. Schools that teach math and science and the abilities needed for modern life — as alternatives to the madrassas — are the long-term solution to the problems of Iraq — and the answer to terrorism.
Many, if not most, of the madrassas currently serving as recruiting stations and training centers for radical Islam are funded by the Saudis with our petrodollars. Instead of teaching physics, math, biology, computer science or petrochemical engineering, students in these "schools" are being taught little more than how to hate, kill themselves, and kill infidels — i.e., Americans, Christians or Jews.
Many of the "graduates" of these institutions have been thoroughly indoctrinated in the teachings of Sheik Hasan al-Bana, founder of the Muslim Brotherhood. They then go on to join organizations like Hamas, Hezbollah, al Qaeda, Ansar Al-Islam, Islamic Jihad and a host of other like organizations because they have been taught that they must die the right way — wrapped in a bomb jacket, sitting in an explosive-laden car, or flying an airplane into a building full of Americans. As long as they die killing an infidel — or those who support the infidels — they will reap spiritual rewards in the next life — and their families will derive financial benefits from "charity" for being related to a "martyr."
Stopping the Saudi money that finances these schools of hatred and the blood money paid to "martyrs'" families is important. But even more so are real schools with real teachers who will instruct the next generation — not in how to die the right way — but in the skills needed to live the right way.

Oliver North is a nationally syndicated columnist and the founder and honorary chairman of Freedom Alliance.