Word: restful
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...Mortgages and car loans will become harder to get. That in turn will stifle consumer spending and crimp investment in companies, leading to production cuts and job losses. Judging by previous crises, it can take about 18 months to two years for a financial squeeze to spread to the rest of the economy, which means that 2009 is shaping up to be a bleak year everywhere...
...advantage in having the rest of the world use your currency is that you can borrow easily: that's why the U.S. government and U.S. companies have long been able to borrow cheaply and why mortgage rates in the U.S. have historically been low. If the dollar has to share top billing with other currencies, it will be harder for the U.S. to finance a profligate lifestyle and run big deficits, as the nation currently does. Expect mortgage rates to shoot up and your overseas vacation to get a lot more expensive. In the past, Snower says, "the U.S. could...
...basement of a four-story Greenwich Village townhouse, preparing for an upcoming dynamite attack on an officer's dance at Fort Dix, New Jersey. Due to an improperly attached wire, the townhouse exploded. Three Weathermen were killed, including Ayers' then-girlfriend Diana Oughton. Over the next few months the rest of the organization went into hiding...
...campus of Belmont University facing a grim reality. He is behind in the polls nationally and in almost every state whose electoral votes will determine the outcome of his contest with Democratic nominee Barack Obama. The roller-coaster ride that has been McCain's presidential campaign has come to rest in a very bad place, with a candidate who has been angry and sarcastic on the trail, a running mate who is best known for being late-night comedy fodder, a dearth of momentum and, worst of all, an economic crisis that has pulverized Republican prospects across the board...
...freedom and democracy." All plans remain conditional until the United States Congress and local planning authorities approve the move. Unlike most of its embassies around the world, the United States does not own outright the land surrounding its British facility; it is currently leased (like much of the rest of the borough) from the Duke of Westminster, one of Britain's richest...