Word: huge
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Tester takes off for a confirmation vote, and I head back to the old office to wait for the phone guys to come and transfer the numbers. As I look up at his old giant ceilings, I realize Tester made the right call. Being a Senator is a huge job with a big staff, and to get things done, you need cubicles and meeting rooms, not marble and courtyard views. Besides, the Inouye staffers wear Hawaiian shirts to work a lot. That's never going to stop being funny...
...still have to go ahead with the cuts we’ve already announced,” he said. “But the governor’s announcement is huge, since things could have been much worse—our existence was threatened...
...business to think different and think big. The great dying off of quintessentially 20th century businesses presents vast opportunity for entrepreneurs. People will still need (greener) cars, still want to read quality journalism, still listen to recorded music and all the rest. And so as some of the huge, dominant, old-growth trees of our economic forest fall, the seedlings and saplings - that is, the people burning to produce and sell new kinds of transportation and media in new, economic ways - will have a clearer field in which to grow...
...real question is, Are we going to have a huge deficit with investment or a huge deficit without investment?" said Senator Carl Levin, a Michigan Democrat, emerging from the meeting. "Those are my words, not [Obama's], but I'm kind of summarizing what the argument is here. If you eliminated his investments, you'd find the deficit would still be 80% or 90% of what it would be otherwise with his investment." In other words, since Washington is going to rack up massive deficits, it may as well go all in and get some long-term bang...
...companies and others who play in the financial markets would have to open their books (on a confidential basis) regularly to government overseers. Hand in hand with that requirement would be much tougher limits on how much risk any financial firm could take, so that the days of making huge bets on the markets with relatively little in capital to back them up would be no more. And Geithner's plan would also for the first time subject exotic financial-derivative products, like the credit-default swaps that took down AIG, to federal oversight and market transparency...