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...responded by flooding the economy with liquidity. Under normal circumstances, it's fine to have money sloshing around in the system, since that helps the economy grow. But the economy had already overinvested, and so the extra money wasn't put to productive use. Low interest rates and easy access to funds encouraged reckless lending, the infamous interest-only, no-down-payment, no-documentation ("liar") subprime mortgages. It was clear that if the bubble got deflated even a little, many mortgages would end up under water - with the price less than the value of the mortgage. That has happened...
...Baltimore/Washington International, Dallas Love Field, Phoenix Sky Harbor International, Orange County John Wayne, Denver International, San Francisco International and Los Angeles International should look for the orange and blue Southwest Fly By lane sign in the security area and present your boarding pass or A-List card to gain access to the special screening fast-lane. The program will roll out to other airports starting in November...
...country needs. Nor can businesses expect to simply import employees, which has long been the norm in the Persian Gulf economies: mindful of that youth bulge, Riyadh is imposing a "Saudi-ization" program that requires businesses to hire more locals. It doesn't help that employers don't have access to half the potential workforce: despite some recent gains for women, only small numbers of them have overcome the stiff cultural resistance to females going to work...
...road going forward is like an eight-lane highway with no access and egress signs, no directions, no lane markings, no speed limits, no police and no one knowing if they should drive on the left side or the right side of the road. You make your own rules and do your best to get to your destination. In the world of globality, you can't wait for someone else to set the rules...
...Mayfair whose mission, writes Burleigh, is "proving the Bible true." Past accounts of the James ossuary are fiercely partisan, written by debunkers or true believers. But Burleigh keeps her balance, and her humor, as she sifts - far more diligently than many archaeologists - through the evidence. She also has unprecedented access to all the major players in the James ossuary debate: dogged police detectives, sharp-witted antiquarians, Bible-besotted collectors and suspected forgers of near genius...