Word: gamely
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...futures market is a zero-sum game. When you trade oil futures, all you're really doing is exchanging cash with other traders. You're all betting with each other on the price of oil ... except it turns out that your bets, in turn, determine the price. It's a bit of a catch-22, but that's the market...
...America think that there is something to fear in a rising China." Part of the difficulty in predicting the future is that China is not the only Asian power with which the U.S. has to deal. For decades, Washington is going to have to play a demanding diplomatic game in which it maintains good relations with China, with India (Secretary of State Hillary Clinton's recent trip there was evidence of the importance the U.S. now attaches to New Delhi), and with its old ally Japan...
Most of the President's longtime golfing buddies say the First Game is improving. After a brief flirtation with a new Nike driver, Obama has returned to his Titleist and is still struggling to master his new hybrid woods. He putts solidly and is working on his bunker shots, once an Achilles' heel...
...jawing can get especially fierce when the opponent is press secretary Robert Gibbs, with whom Obama shares some golfing characteristics. "His game is severely handicapped, as is mine," Gibbs says. (Estimates of the POTUS handicap, for which there is no official documentation, vary from...
...President keeps the game in perspective. Most days Obama does not win or lose more than a few dollars. The Father's Day outing ended with Biden and Obama each collecting $2, though Biden paid for the hot dogs after the front nine. Wilson, who has been playing with Obama since 1999, keeps all his Obama winnings in an envelope, which he has promised as a college fund for Sasha and Malia. As of early July, the envelope contained...