Abraham Lincoln said, “Allow the president to invade a neighboring nation, whenever he shall deem it necessary to repel an invasion, and you allow him to do so whenever he may choose to say he deems it necessary for such a purpose—and you allow him to make war at pleasure.”
Was Abe thinking about "W" when he said that? Is Iran next?
Paul Litman: "Avoid panic selling & avoid overconfident buying."
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