Word: smarts
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...measures, the NFL is the most popular sports league in the country. Packed stadiums, glowing television ratings, a cool $7 billion in revenues. So why, in a league with so many smart guys at the executive table, is the NFL so darn stupid about settling games that are tied at the end of regulation? Why, in other words, is football so asinine about overtime...
...finetune a response that's polite yet noncommittal. In this case, however, Slater was inclined to do more. Cave seemed to know everybody and could instantly recognize voices on the other end of the phone. "She was a receptionist par excellence," says Slater. "I thought, She's a pretty smart cookie, so I assumed her brother would be out of the same mold." John should talk directly to him, he told Cave, and he gave her his card...
...quizzed economists on the topic a decade ago, most would have told you that passing legislation to stimulate the economy was pointless. Getting the timing right was too hard. Increasing the deficit could bring higher interest rates that would stifle growth. Besides, the Federal Reserve, with its legions of smart economists and ability to make quick changes in monetary policy, was in a far better position to battle downturns than Congress...
...conservation products like fiberglass insulation. According to Hendricks, there are companies ready to build wind farms in the Midwest and solar farms in the Southwest if they can be guaranteed that there will be a market for their products even if oil prices drop. Construction of a new "smart" electric grid to deliver the power generated by wind, solar and geothermal plants in rural areas to the major population centers. This would be a down payment on the $400 billion over 10 years that Al Gore has estimated the new grid will ultimately cost - although, Gore says, the savings...
...critical to economies, and to financial companies and markets in particular," Miller says. "And if getting together to discuss the situation and making cooperative statements promising to reverse the recent spiral of negativity with stability can help restore confidence, then the effort is probably worth it. But someone as smart as Sarkozy knows the effort to get an American President to submit a pillar of his economy to outside regulators just isn't going to happen...