Word: backgrounders
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...Economically speaking, O'Neill is this Bush administration's Colin Powell - unimpeachably qualified and reassuringly pragmatic. He vowed Wednesday to continue Clinton's strong dollar policy, a semi-sacred cow on Wall Street, but his business/manufacturing background makes him sympathetic to trade deficits. He's brave enough to have once backed an energy tax, but quick enough to have disavowed that stance soon after getting the call from the Austin oilmen. In short, he's the kind of guy who can talk about a trillion-dollar tax cut without everyone worrying that George W. Bush has ordered all White House...
...That phase lasted a season or two, but life, school and work soon intervened, and the idea faded into the background for more than a decade. By 1999 I had moved to New York, started a family and was starting to settle down. I was in the idea business, which meant long hours sitting at a computer, and as interesting as it was, it caused the bathroom scale to show mysteriously high numbers when I stepped on it in the morning and left me feeling restless and disturbingly normal. The biathlon idea resurfaced and I couldn...
...background to this story is that Media Most previously reached a deal with the government-controlled gas company, Gazprom, to repay a large loan by giving Gazprom a 49 percent stake in Media Most. They were supposed to turn a further 25 percent plus one share to a third investor, which would be sought through Deutsche Bank. The idea was that neither Gazprom, nor the current owners of Media Most, nor this third investor would have a controlling share...
...secretary of state in the past half century, and while Alexander Haig's tenure at Foggy Bottom may not be remembered as the high point of his career, General George Marshall is regarded as one of the best secretaries of state of the postwar years. So a military background by no means dictates how Powell will perform...
...Powell's military background certainly includes not only extensive experience promoting U.S. interests in such international contexts as NATO and the Gulf War alliance, but also a term as deputy national security adviser that put him at the fulcrum on U.S. diplomatic, military and economic concerns on the world stage...