Word: jumbo
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...best thing about flying corporate isn't the comfy seats or the jumbo shrimp, or even the ego massage. The best thing about a corporate jet is that it's not a commercial-airline jet. The best thing is avoiding long airport-security lines and having to simultaneously untie your shoes, take off your coat, get a laptop out of a carefully packed bag and walk at the same time; it's avoiding the crummy, overpriced airport food, the packed planes, the overstuffed overhead bins and the frazzled, overworked crews. And being No. 175 for takeoff. When you fly corporate...
Polluters such as coal power plants and automobiles have shouldered the brunt of the attention on climate change. It helps that you can actually see them spewing black exhaust. But people often forget that when they plug in their home electronics - whether it's a jumbo flat-screen TV or an iPod - the electricity that juices those devices has a carbon footprint too. As the amount of electronics in our homes continues to increase - half of American households now own three TVs, up from 11% in 1975 - it becomes more and more important that they are energy efficient. Ditto...
...loan for a house isn't that bad. The trick is getting approved for one. A borrower with a 680 credit score who a year ago could have gotten by with a 5% down payment might now have to pony up 15%. And good luck if you want a jumbo loan (above $417,000 in many areas), which now carries an average rate 1.3 percentage points higher than other mortgages, according to Bankrate.com That's more than a smidge above the historical quarter-point spread, since the government doesn't buy jumbos...
...seeping. There are cracks on Main Street, but whether or not you see them largely depends on where you stand. Just ask anyone who wants to buy a house with a subprime mortgage - they're not all evil, but these days they are exceedingly rare - or with a jumbo loan, which now carries an average rate 1.2 percentage points above a regular mortgage. (In normal times, the spread is closer to a quarter of a percentage point.) "Some people are saying, 'Credit crunch, what credit crunch?' and others are ready to cry uncle," says Greg McBride, a senior financial analyst...
...Beliefs I enjoyed Aravind Adiga's letter "Mystical Mischief" but I cannot decide whether he gets it or not [July 28]! I do not believe in the mumbo jumbo of psychic readings and palmistry, but does he not see that the West now realizes science does not have all the answers? I hope that as India embraces science and all its benefits it does not develop a "consciousness that their old beliefs are antiquated and will pass." That, I am sure, would be a terrible mistake. Thomas G. Lamont, GLASGOW, SCOTLAND...