Word: putting
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...interviews with descendants of the Big Four make The Big Rich a page-turning tale with well developed characters that seems boxed up and ready for the silver screen. It's impossible to read this book and not think of the 2007 film There Will Be Blood, which put the ruthless business of land rights and oil drilling into sharp focus. Burrough's tome, though, is broader and explores not just the greed, wealth and risk of early twentieth century American oil prospecting, but also what it meant for the rest of the country beyond Texas. Lyndon Johnson, Dwight...
...recession's "patient zero" from and what were his financial circumstances? Based on where the real estate markets began to decline and where the most subprime loans where made, he was a client of Countrywide. He got a $250,000 mortgage five years ago, He did not have to put a nickel down to get the loan. The value of real estate in Stockton, California, where he bought his home had been rising at 10% a year for four years. He was a good credit risk not because of his income but because the value of the asset he bought...
...more likely that GM and Chrysler will not get the funds they want to stay independent. The federal government may force them into Chapter 11 while providing funds to keep them operating indefinitely. Congress and the Administration may decide that supporting Detroit is necessary because closing the firms would put so many people onto the unemployment line. More job losses, of course, would in large part negate the goal of the stimulus plan to add three to four million new jobs to the economy over the next two years. From that standpoint, a $100 million investment is actually cheap...
...would not put it past this President and his team to have calculated that this engorged House bill was precisely what the system would yield; that the Republicans would oppose it out of both principle and politics; that there would come a moment, once all the Old Bulls had had their say, for the new President to ride in to the rescue and actually fulfill his promise of "change we can believe in by turning this into a bill we can actually live with. Maybe he is building to a denouement, when a President who promised to make hard decisions...
...boycotted the 2005 provincial elections, to rejoin the political process in areas where they have strong numbers such as Anbar and Diyala province. Election day was also seen as a key test for the Iraqi security forces, which staged a massive operation to secure the streets. Iraqi authorities put the country in virtual lockdown, sealing the borders, closing the airports and banning all but essential traffic in downtown areas. Thousands of Iraqi army soldiers and police officers stood watch as voters headed to the polls. American military patrols were also on the scene in Baghdad, but U.S. forces largely stayed...