Word: clouts
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...heard traders tell me everything from "Biggs thinks this is the end" to "Biggs says get out now because the market's gonna crash today." No matter that Biggs had been wrong before, including a devastating get-out-of-tech call right at the bottom in 1996. Biggs has clout; he could do damage...
...blame on hard-line generals for a serious overreaction. Jiang launched a forceful anticorruption drive, pleasing a populace that bitterly resented the cheating. Perhaps not coincidentally, one of the campaign's first victims was Beijing Party Secretary Chen Xitong, who had amassed a fortune under questionable circumstances--and whose clout Jiang was eager to neutralize...
...could change one thing, it would be to introduce term limits in Congress," he said, complaining of what he said is the disproportionate clout of incumbents...
...Smith, whose family operates seven chicken houses on the Eastern Shore. "They're pointing fingers our way, but it's probably a combination of things." The poultry industry has already reacted angrily to calls for mandatory nutrient-management legislation, and followers of state politics predict it will use its clout in the legislature to fight any new restrictions. "Poultry farmers are a small voting bloc, and many don't make a lot of money, but the poultry industry is very wealthy and has been very active in politics," says Paul Herrnson, professor of government and politics at the University...
When it comes to using the clout of a Harvard president to sway public policy, Rudenstine's critics have often said he is no Derek Bok, who seemed to spend more time in Congressional chambers than Massachusetts halls...