Word: turgidity
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...talked in his campaign about the need for America to act "humbly" in the world produce a strategy that looks and sounds so imperial? Normally, government officials work in secret on these strategy papers for months, producing documents so turgid that no one needs to read them. That's what might have happened here had Bush not intervened and asked his aides to kick it up a notch. And because Bush wants everyone to see the final document--"The boys in Lubbock ought to be able to read it," he advised an aide, the New York Times reported...
...great thing about Friday is it's the last day of August, and the last day before the three-day Labor Day weekends puts the kibosh on this turgid trading summer and brings the real money back from the Hamptons and into play. July factory orders and the Chicago Purchasing Managers' manufacturing report for August are expected to show that sector in continuing decline, though there's some hope that the trend is headed back up to zero after last week's durable goods number. Dare we look for another Friday pop? Well, on a day likely to be peppered...
...surprise that the international community is having a little trouble agreeing on an agenda for a U.N. conference on racism in South Africa later this month.The event's spectacularly turgid title - the World Conference Against Racism, Racial Discrimination, Xenophobia and Related Intolerance - captures some of the difficulty in achieving a consensus even over what to discuss, and, inevitably, to disagree...
...that Big Tobacco needed the generosity. Consider the fortunes of global leader Philip Morris. The firm was the Dow's best performer last year, rising 91% in a turgid market. Tobacco profits, buoyed by strong domestic growth, reached a record $10.6 billion. No. 2 R.J. Reynolds Tobacco and No. 3 British American Tobacco also saw their sales and profits reach new heights...
...scramjet?as different from a jet engine as a rocket was from the steam engine?and this will be its first flight. If all goes to plan, it should smash every world airplane record. It will make the fastest aircraft, the rocket-powered X-15 (Mach 6.7), look turgid, and leave the fastest jet, the SR-71 Blackbird (Mach 3.2), in its stratospheric dust. Says Vince Rausch, director of the Hyper-X project: "It's the future. We're convinced of that. What we've not done yet is demonstrate to the people it's real. And that's what...