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...dollar's decline is dangerous. "It is extremely negative from the perspective of U.S. stock and bond markets because we rely heavily on foreign investors," says money manager Mark Lay of MDL Capital Management, based in Pittsburgh, Pa. "The weak dollar discourages foreigners from investing in our markets. And that could have a catastrophic effect." Foreigners hold about 12% of the U.S. stock market, 23% of corporate bonds, and 44% of the Treasury market. That's more than $7.3 trillion of U.S. assets, equal to 73% of America's gross domestic product, according to researchers at Bridgewater Associates, a global...
...Netherlands and Portugal (and a puff or two wouldn't hurt either) and decriminalize marijuana. Our local, state and federal authorities need to focus more time and money on the real criminals, not on busting a guy for possessing a tiny amount of "happy smoke." TODD SHIKORA Pittsburgh, Pa...
...with their children about drug use and abuse. Marijuana is a gateway drug that leads to the abuse of other drugs. I should know, since all four of my children started using marijuana and have progressed over the years to more powerful drugs. NAME WITHHELD ON REQUEST Volant, Pa...
...realized from crime reduction. Revenues gleaned from taxing legal profits can be used for antidrug research, and standardized products will reduce drug deaths. Governments formerly beneath the heel of drug cartels can once again begin to function for their own constituents. DONALD H. RUDICK, M.D. St. Marys, Pa...
...have already been signs that Syria is attempting to send rockets and other heavy weapons by sea to Gaza, and that Saddam Hussein has active cells on the West Bank. Moreover, unlike in Lebanon, the Israelis have no local proxy forces to undertake garrison duties - it was Arafat's PA that was to have policed the territories, and had indeed been certified by the CIA to have been reining in the Islamists before the current intifada, which has buried many of the differences between the rival Palestinian factions. The network of settlements and army positions may make a fine Maginot...