Word: beared
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...course, controversy will follow such a suggestion. I can already hear the outrage at Harvard Clubs across the country. (First the Union, and now this!) But before the traditionalists get in a huff, bear in mind the history of our fair institution. As any Crimson Key guide will tell you, Harvard wasn't always Harvard. John Harvard of "Three Lies" fame left part of his estate and his library to the young college in 1638 and we've been sporting the "H" ever since...
...Unlike the Midwestern parents, he does not have a sick child to worry about; indeed, he has never especially cared for children. Lately, however, he has begun to feel different. With a little help from the cloning lab, he now has the opportunity to have a son who would bear not just his name and his nose and the color of his hair but every scrap of genetic coding that makes him what he is. Now that appeals to the local industrialist. In fact, if this first boy works out, he might even make a few more...
...expense was too great, but because the rewards were non-existent. We dismantled welfare (2.8 percent of the federal budget) not because it was too expensive, but because it didn't work. But the '90s have brought in a new and perhaps more pernicious strain of conservatism to bear: an entrepreneurial conservatism of efficiency and market values now threatens even America's successful social programs...
...time to get out of stocks. That's not how they put caviar on the table. Their job is to set a target and, after it's reached, set it higher. For them it pays to snort like a bull even when they feel like a bear. Take Barton Biggs, the well-regarded global strategist for Morgan Stanley. He warns that "stocks almost everywhere are at record valuations, euphoria is epidemic and the bull market cycle has got to be long in the tooth." Yet he says buy more stocks...
...year. But she's raising her target anyway. Ralph Acampora, a veteran at Prudential Securities, two years ago predicted the move to 7000. Now that it's happened, his new target is 8250. And once we get there? On to 10,000, natch. Meanwhile, pundits who do make a bear stand don't last. Elaine Garzarelli, known for her 1987 warning, issued another late last summer but has already recanted. You can be sure that when this bull market finally ends there won't be anyone sounding an alarm. If you expect a savior, you're doomed...