Word: problem
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...billion in home loans it services would qualify for the program. Worse, warns the CBO, nearly one-third of borrowers who qualify for the new plan will end up redefaulting on their mortgages anyway. "The steps we have taken so far don't nearly address the scope of the problem," says Schloemer...
...Another major problem with proposals to buy up bad mortgages is to fix a value for them in a market where the price of houses is falling - buying them at face value could cost more than $1 trillion. And some observers believe that bailouts of individual homeowners will create an incentive for many more Americans to relieve pressure on their household budgets by stopping their own mortgage payments in order to get government help...
...people are just voting emotionally and they're looking for someone to be mad at, that [Abramoff scandal] would be a problem and we felt it was very important to get that out of the way very early in the race," Feeney said in an interview with TIME. "That immediately takes the issue off the table...
...problem for voters today is that crisis comes in triplicate: Would McCain be better suited to the challenge of another terrorist attack? Is Obama's deliberate style more likely to yield progress against a challenge like climate change? And who can navigate a path through an economic crisis hardly anyone understands? Not only can't you know what a President will face, but his reflexes in one crisis may not be typical of how he responds to another. President Kennedy's temperament has been defined by his ingenuity and cool head during the Cuban missile crisis. "That's not necessarily...
...those remedies may be missing the cause of the problem. Most of the booing came not from visiting Tunisians, but from fans born and raised in France. Such booing has come to be used by ethnic-Arab French soccer fans to protest the racial, social and economic discrimination suffered by those not fortunate enough to be among the stars of les Bleus. It's hardly coincidental that previous outbreaks of anthem booing (and resulting expressions of indignation by politicians) occurred before a France-Algeria match in 2001, a France-Morocco game in 2007, and a 2002 French Cup final orchestrated...