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It bothers me to read the comments of leaders of the Hamas and others who hate America that their goal is to have more weaponry capable of delivering all types of weapons of mass destruction.
But the federal government, our collective government, has responsibilities that none of these other levels of government can fulfill; and chief among these is national defense.
But if you look at WorldCom, which is the biggest failure to date, they grew dramatically, they were buying companies that were bigger than they were and they were doing it off inflated stock.