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Karako on 25th Anniversary of SDI

This week marks the 25th anniversary of Ronald Reagan's speech announcing the Strategic Defense Initiative, a research and development program designed to render obsolete ballistic missiles on which nuclear weapons can be carried.  The Bush administration has taken important first steps toward national missile defense, and current programs deserve much praise, but they also fall short of the strategic defense envisioned by Reagan, writes Tom Karako in Investor's Business Daily.

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