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Word: spent (lookup in dictionary) (lookup stats)
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...fury. It seems that the mighty have been hit with some virulent strain of arrogance common to those told that they were Too Big to Fail. First the auto executives swooped into town in their Gulfstream IVs to ask for $25 billion; then Merrill Lynch superman John Thain spent $1,405 on a trash can and suggested he deserved a $40 million bonus for losing $15 billion in the fourth quarter. Even Tom Daschle, whose loyal Senate brethren were set to confirm him to the Cabinet, discovered the radioactivity of the phrase "unpaid taxes on his chauffeured limousine...

Author: /time Magazine | Title: In Defense of the Recession Blame Game | 2/12/2009 | See Source »

...work between the beginning of this year and the end of June. The stimulus package will probably not have even kicked in by then. So, with the job losses from January 2009 through the end of June at 600,000 a month, the entire $789 billion will be spent filling this unemployment crater. What will it cost to add another 3.5 million jobs after the job losses from the first half of the year have been reversed? Perhaps another $789 billion...

Author: /time Magazine | Title: The Math for 3.5 Million Jobs | 2/12/2009 | See Source »

...sports. For example Formula One, the world's most popular auto-racing circuit, is facing its biggest crisis in 40 years, according to Max Mosley, president of the sport's governing body. He compares F1's status to the global housing and credit bubbles. And since Honda, which had spent about $300 million annually on Formula One, decided to pull out of the sport altogether, F1 has blown a tire. (See pictures of car art by Warhol, Calder and more...

Author: /time Magazine | Title: Daytona Drag: NASCAR Tries to Outrace the Recession | 2/12/2009 | See Source »

...remember e-mail addresses. You have to understand: we have spent decades drinking diet soda out of aluminum cans. That stuff catches up with you. We can't remember friends' e-mail addresses. We can barely remember their names...

Author: /time Magazine | Title: Why Facebook Is for Old Fogies | 2/12/2009 | See Source »

...moderate. For their part, some fundamentalist politicians think negotiating with the U.S. is pointless because, in their view, all American politicians are beholden to the Israeli lobby. "The difference between Republicans and Democrats is like the difference between Pepsi and Coke," says Member of Parliament Bijan Nobaveh, who spent five years in New York City as a reporter for Iranian state television...

Author: /time Magazine | Title: Talking and Listening to Iran | 2/12/2009 | See Source »

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