Word: chunk
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...borrowing is bad, of course. When a recession hits or a war breaks out, it makes sense for governments to borrow--as long as they pledge to run surpluses in better times. And a big chunk of the current deficit can be blamed on the recession that followed the burst bubble of the late 1990s and on the vital expenditures for a war that shows no sign of abating. But what's remarkable about the Bush record is that this does not explain the full extent of our fiscal crisis. Set aside the tax cuts. What's really worrying...
...buzzing oddly and my entire floor lost power. I had finished off the last jug of water and intended to make the custodians’ job easier by removing the old one before they replaced it. It was not until several minutes later that I discovered that a huge chunk of North America was without power—that I had not, in fact, shorted the fuse that forced “World News Tonight” from its usual New York studio. In a strange way, I was relieved to learn that the rest of Manhattan was also without...
Though officials were quick to say what hadn't happened, they were at a loss to explain what had. How can the power demands of a not unusually hot day somehow bring a huge chunk of the northeastern electrical grid crashing down? The blame cascaded as fast as the blackout. On the ground some Americans blamed Canada for its origin; Canadians returned the favor. Ottawa officials first suggested that it was a lightning strike at a plant in upstate New York, except that it was a lovely sunny day in Niagara Falls, and there were no reports of lightning anywhere...
...Chart, who later projected how fantastically my retirement savings would grow. Unfortunately, his math was as fantastic as his chart. Mr. Financial Planner was recommended by a colleague. All I needed to hear of his financial plan was that it was a plan to relieve me of a large chunk of my finances each year in return for his services. Then, through a family friend, I met a good-looking, reassuring, take-charge kind of guy who appeared to be Mr. Just Right. His recommendations seemed sound, and the interest rates he mentioned were attractive. I signed...
...while U.S. agencies are singled out for criticism, some foreign governments get a day pass. A hefty 28-page chunk critical of the Saudi Arabian government will be blacked out, say U.S. officials who have seen advance copies. The officials tell TIME that congressional investigators have compiled what they consider compelling evidence of Saudi indifference to the violent jihad movement, which includes many Saudi nationals. White House national-security officials and the CIA argued against releasing the findings on the ground that they would damage relations with a key ally in the Middle East. --By Michael Duffy and Michael Weisskopf