Word: problem
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...payday loaners raked in an estimated $11 billion in fees from this $1 trillion economy. Cleveland-based KeyBank, for example, has attracted just 5,500 new customers in the past two years with its own check-cashing business, but has yet to make a profit from it. One problem is that people who have never had a bank account are distrustful of banks as a whole and feel unwelcome in institutions where they could not qualify for a checking account in the first place, because of lack of proper ID or employment history. Even when banks do try to reach...
...real problem, though, is how little insight Carter gives us into his ostensible specialty, the world of privileged black society, a realm of clubs and connections and incestuous politics with its own nasty prejudices: "As her grandmother used to say, there are our black people and there are other black people--and all her life Julia had secretly believed it." The shock value of this revelation wears off early, leaving little to sustain the reader through the 500 or so pages that remain. The only takeaway seems to be--to paraphrase that famous exchange between Fitzgerald and Hemingway--that rich...
There's just one problem with that strategy: it won't work. The world clamped a boycott on the Palestinians after Hamas' victory over Fatah in the January 2006 elections; but as Zbigniew Brzezinski, National Security Adviser under President Jimmy Carter, says, that U.S.-Israeli policy "put a lot of pressure on the Palestinians in Gaza, which helped to radicalize them without any compensatory relaxation for the Palestinians on the West Bank." The U.S.'s new "West Bank first" strategy aims to correct that shortcoming, but given the Palestinians' defiant mood, the tardy gift could turn into a nasty surprise...
...Finally, with basement-dwelling poll numbers for President Bush, along with real doubts about the leading Presidential candidates of the two major parties, Bloomberg's call for independent, non-partisan problem solving free of the typical Beltway bickering seems to be a perfect part of an emerging storyline...
...police may actually be overcompensating for their problems in keeping up with the city's problems. Several weeks ago, the city's independent Metropolitan Crime Commission released a report that chided the NOPD for its "high number of arrests for minor offenses to address New Orleans' crime problem." And, as MCC Senior Analyst John Humphries put it, "right now, we're on track to make one arrest for every four citizens in the city." One can interpret that number as one will, but it's one that will definitely have to drop if New Orleans, and its police force...