This morning, a day after Spitzer, the New York state attorney general, unveiled a 55-page lawsuit against the former chief of the New York Stock Exchange, charging him with deception, conflict of interest and the receipt of excessive pay, Grasso went public with his defense.

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In a year where governments have come under heavy fire for excessive spending, Lockheed has had to deal with retracting defense budgets.

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And their conclusion is that the only way to tackle our deficit is to cut excessive spending wherever we find it, in domestic spending, defense spending, health care spending, and spending through tax breaks and loopholes.

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Second, to accomplish a growing array of missions without increasing budget outlays, the Department of Defense decided to load up next-generation satellites with an excessive number of performance requirements, making them exceedingly complex.

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The Express Tribune newspaper said in an editorial that it was reasonable for Western diplomats to travel armed, but noted that in America shooting in self-defense can result in a conviction, especially if it can be proved that the accused used excessive force.

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