In an era when conservatives and liberals often lambast bureaucrats as the prime example of inefficient and useless workers, it would be worth looking back at an era when a steady and predictable flow of funding allowed government leaders to do their job well, focusing on the long-term problems, not each short term political crisis.

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Foster recommends focusing on firms with net debt of less than two times cash flow as measured by Ebitda.

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Have you ever considered that because cash flow has not been a problem for Notre Dame, they have had the luxury of focusing on other things, like the academic performance of their student athletes?

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