By Khazen.org Press Release:

The Lebanese President General Michel Suleiman has saved Lebanon during this unfortunate event at the Telecommunication Ministry and unified the country by preventing clashes btw the new and old majority through his unique judgment, leadership, and power of the constitution.

khazen.org offers its complete support to the  President as the Commander in Chief of all of Lebanon and more specifically in this particular case of the Armed Forces. Regardless of the unfortunate event of what has happened in the Telecommunication Ministry, and the intention of the Minister Charbel Nahas, we can ask many questions:

·         Why did Minister Nahas decide to find more information at this time?

·         Why not when the government was created and when he took in charge the ministry of Telecommunication?

All of these questions we may never find the answers, but one important factor this is NOT THE ISSUE. The Problem is that you have the head of the internal security forces General Rifi abusing his power by not respecting the oders of the Interior Minister.

The President of the Republic because of his unique leadership as preserving the constitution has saved Lebanon an additional time by preventing any fights btw different camps, and sending the army under his authority to take in charge of the building.

Khazen.org salutes our President as the Commander in Chief of all of the Armed forces and stand by him. Most importantly khazen.org request for General Rifi to be tried in Justice.

The 14 March Camp is pointing fingers at Nahas while the 8 March Group is pointing fingers at the Future Movement and each group is speaking about legality of the issue. The first group is questioning the timing of Nahas, while the other group is questioning the allegiance of Rifi and attacking the victim  (here the Lebanese Constitution). In reality the REAL ISSUE: is Rifi has abused his power.

·          Rifi has shown poor judgement, regardless of why Nahas was there when the Interior Minister Baroud requests his forces to leave the building, his duty is make them leave! The actions of Rifi are action of a person that do not respect Lebanese Laws and constitution.

Because of the action of Rifi and disrespecting the orders of the Interior Minister Baroud until our President stepped in, we request his case to be persecuted within the Lebanese Justice and we demand his direct resignation from Head of the internal security forces. He is not fit anymore to be able to control ISF when he takes political stands; This is not a political position!

We thank our president of bringing the country together at these hard moments.

Please join the Facebook Group

 

By Morgan Housel – In a way, Microsoft (Nasdaq: MSFT  ) and IBM (NYSE: IBM  ) couldn’t be more different. Microsoft has lost a third of its value over the past decade; IBM has gained 50%. IBM recently surpassed Microsoft in market capitalization for the first time since 1996.

In other ways, they’re a lot alike. Microsoft has grown earnings per share by 10.9% annually for the past decade. IBM’s growth over the same period? 10.2%. Analyst estimates for Microsoft’s five-year projected growth rate is 10.3% — IBM’s, 11.2%.                   

These are different companies with different products in different industries, yet both past and projected growth are about equal. Shareholder returns, however, couldn’t be more night and day.

Why?

I think you can break this conundrum down into two parts. Both are huge lessons every investor should be aware of.

1) The most important lesson in investing 
The most important lesson in investing is simple: Starting price determines future returns.

A parade of analysts and investors chide Microsoft for its abysmal shareholder returns over the past decade. In reality, Microsoft the company has done terrific. How many large companies grew earnings at 10% annually during one the worst economic decades on record? (11, if you’re wondering). Nearly all of the misery Microsoft investors experienced over the past 10 years can be explained by starting valuation. Shares traded at 60 times earnings at the start of the last decade. Shareholders’ fate was already sealed at that point. There was no realistic outcome that could have left them with anything other than tears today.

IBM was a different story. While it, too, was caught up in the dot-com bubble, it never got outrageously out of whack. Ten years ago, IBM shares traded at roughly 25 times earnings. That created a high hurdle but not an insurmountable one. The compression in IBM’s earnings multiple over the past 10 years hasn’t been drastic, letting shareholders enjoy at least some of the company’s earnings growth. Microsoft’s earnings multiple compression has been astronomical, causing shares to crumble even while the company grew briskly. The same story of flatlining returns amid strong earnings growth has happened to Wal-Mart (NYSE: WMT  ) , Google (Nasdaq: GOOG  ) , and Johnson & Johnson (NYSE: JNJ  ) . Each case can be explained simply: Starting valuation determines future returns.