It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.
The administration took care of a source of instability in Iraq. Envision a world in which Saddam Hussein was rushing for a nuclear weapon to compete against Iran. My decision to remove Saddam Hussein was the correct decision in my judgment. We didn't find the weapons we thought we would find or the weapons everybody thought he had. But he was a significant source of instability.
This administration is doing everything we can to end the stalemate in an efficient way. We're making the right decisions to bring the solution to an end.
In a time of war, the president must have the power he needs to make the tough decisions, including, if need be, the decision to grant himself even more power.
As Iraqi forces gain experience and the political process advances, we will be able to decrease our troop level in Iraq without losing our capability to defeat the terrorists. These decisions about troop levels will be driven by the conditions on the ground in Iraq and the good judgment of our commanders, not by artificial timetables set by politicians in Washington.
Rhetoric is useful because the true and the just are naturally superior to their opposites, so that, if decisions are improperly made, they must owe their defeat to their own advocates; which is reprehensible. Further, in dealing with certain persons, even if we possessed the most accurate scientific knowledge, we should not find it easy to persuade them by the employment of such knowledge. For scientific discourse is concerned with instruction, but in the case of such persons instruction is impossible.
Health care costs are on the rise because the consumers are not involved in the decision-making process. Most health care costs are covered by third parties. And therefore, the actual user of health care is not the purchaser of health care. And there's no market forces involved with health care.