Word: idea
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...forearms compared to their size when they were first signed, it's pretty obvious that they've got a problem. For some reason everyone else has been under the microscope - wrestling, football, the Olympics - and now all of a sudden the baseball industry is going, "We had no idea," which is just insulting...
...stock-loan department, AIG's other disaster, took the cash it got for lending out stock owned by AIG and invested the money in esoteric securities rather than in risk-free Treasuries, the standard practice. The idea was - I'm not kidding - to make an extra one-fifth of 1% in interest. When the esoterica, which the stock-loan folks thought was riskless, crumbled, so did the firm. (See the worst business deals...
...does this matter now? Because we are in the midst of a debate over how to fund a health-care-reform plan - and the idea of raising taxes, even just a little bit, to pay for it is causing heart failure among our legislators. They are looking for somewhere between $30 billion and $35 billion per year. If the bill isn't properly funded - if working-class families don't receive large enough tax credits to help pay for their newly mandated health insurance, if they're forced to pay thousands of dollars in new out-of-pocket expenses - Republicans...
...fairly, spent giving people tax credits to pay for health care, according to their income. This would have the additional benefit of controlling insurance costs, since people are more likely to shop for the best deal if they're spending their own money rather than their employer's. The idea is a nonstarter, however, because organized labor has negotiated excellent health benefits for its members over the years and doesn't want to see them curbed. The unions are opposed to the next-best idea - a tax on gold-plated health-care plans, which would raise an estimated $28.7 billion...
...saving a national practice, but one that states could decide whether or not to observe. The first year, only 19 states participated in daylight saving. As the years passed, more states acquiesced to the Federal Government's daylight saving schedule - which was created for energy-saving purposes, with the idea that an extra hour of daylight in the winter would cause people to use less oil. Arizona never adopted the new time plan on the grounds that it was too hot out to "spring forward" an hour in the summer. Daylight hours don't vary much in Hawaii...