Word: bernardino
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...with affordability being a key driver. The pronounced decline in home prices across the nation, coupled with a downward drift in interest rates, has greatly improved nationwide affordability, the report noted. Indeed, in some famously overpriced regions that have since corrected, such as Los Angeles and the Riverside-San Bernardino areas of California, affordability is as good now as it has been in decades. That's a big reason that many California areas may see prices fall only an additional 10% or so, despite the state's deepening financial crisis. (See "Four Steps to Ending the Foreclosure Crisis...
...announcement last week, the Spanish government has attempted to recover from its bungle. Although the minister originally announced that Spanish troops would be home by August, Zapatero's office has since adjusted that estimate, emphasizing that the withdrawal will be gradual, and may take as long as 18 months. Bernardino León, secretary general of the office of the Prime Minister, who was sent to Washington on Friday in an attempt to smooth things over, recognized that the State Department's reaction "could have been avoided" if Spain had handled the announcement differently...
...surveyed this fall in a separate study, 69% said they had already counted at least half as many homeless students during the first few months of this academic year as they did in all of the last one. By Thanksgiving, 330 districts - including Las Vegas; Albuquerque, N.M.; and San Bernardino, Calif. - had equaled or surpassed the previous year's total. At these rates, 2008-09 could top the 2005-06 academic year, when Hurricane Katrina wrecked the Gulf Coast and 1 in 50 American children experienced homelessness, according to another report released this month. (See pictures of the bridge collapse...
...Italian Bernardino Branca developed a cure-all he called Fernet - an 80-proof concoction containing myrrh (what's with all the myrrh?), rhubarb, chamomile, aloe, cardamom, peppermint oil and a number of other ingredients including a lot of grape-infused spirits and some opiates. Branca used the drink to treat a number of ailments, including hangovers and cholera. Fernet is still available (now opiate-free), although it's usually served as an after dinner drink...
...support transcended class and racial lines. Proposition two received one of its largest margins of victory in Los Angeles county, where less than a third of the population is white and the median Household income is $7,000 lower than the California state average. And in San Bernardino county, heavily hit by home foreclosures, the vote was still strongly in favor...