"John Leo" is a writer and a senior fellow at the Manhattan Institute for Policy Research/Manhattan Institute. He edits [http://www.mindingthecampus.com/ Minding the Campus], the Institute's web site on America's universities, and is a contributing editor of City Journal (New York)/City Journal. He is also a Visitor of Ralston College, a start-up liberal arts college in Savannah, Georgia/Savannah.

From 1988 to 2006 his weekly column for U.S. News & World Report was syndicated to 140 newspapers by Universal Press Syndicate. The column focused mainly on social and cultural issues, most commonly political correctness, but also advertising, movies, language, the news media, education, pop psychology and the self-esteem movement. His 1995 column on Time-Warner, terming it America's "leading cultural polluter", sparked the campaign that led to Time-Warner's decision to sell off its 50 percent share in Interscope Records, a heavy producer of gangsta rap.

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It will continue to be a core holding for us, no doubt, based upon its dominant franchise and its long-term ability to consolidate and drive the way the Internet is moving.

I think it will be hard for us to ignore it completely, but we look at possibly the clouds blowing away and things becoming a little more sanguine for Microsoft later in the year.

But that was a raw number, not adjusted for comparable jobs and responsibility.

Though evidence shows that the terrorists are interested in acquiring nuclear weapons to use against our cities, a learned writer for the New York Review of Books insists that the real weapons of mass destruction are world poverty and environmental abuse. Of course, world poverty is rarely mentioned by terrorists, and those known to be involved have almost all been well fed and are well to do.

It's not why I'm in the business. ... It's not something I relish. ... I do it because it obviously is part of the whole process. It has to be done at some level to support the business.

We want to have at least some predictable performers.