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President Bush speaking aboard the USS Abraham Lincoln, May 1, 2003Here we are, friends, in the long-awaited May of 2007.

It was a scant four years ago, on May 1, 2003, that our august leader declared our Iraq mission to be accomplished, after landing on the USS Abraham Lincoln, half-way around the world from the Middle East, in a flashy display of Navy air superiority.

But, let's not be critical of our wonderful president. It's a new year, after all! It's 2007.

Some would call today a beautiful day in Pittsburgh. The temperatures are in the low 70s in the shade, it's sunny, and the weather is not unlike that in Buenos Aires right now. Ah, to be back in Buenos Aires.

In completely unrelated news of which many of you are probably aware, the most attractive presidential candidate in France's history, Ségolène Royal, is vying with certainly one of the most pompous presidential candidates France has ever seen, Nicolas Sarkozy, in the second round of elections, to take place May 6. From a global economic perspective, I'm rooting for center-right Messr. Sarkozy, but when it comes to the people of France, I think they would generally be better served by socialist Mme. Royal. Do any of you have any thoughts on the upcoming French run-off election?

Secretly, I had hoped far-right candidate Jean-Marie Le Pen would have won or, at least, come out of the first round of elections still standing. I don't like his policies; I just think it would have been hilarious to watch.

Enjoy your May!