Word: begin
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Dates: during 2000-2009
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...Consumers have lost access to credit. The fact that mortgage rates have dropped does not even begin to offset that. Qualifying for a mortgage is harder than ever. Banks have reason to be cautious. One of the large credit bureaus just released a report that says 4.7% of payments for bank-issued credit cards were late sixty days or more in March, an increase of 38% over the same month last year. According to Reuters, "In March, lenders closed 20 million card accounts, sending the total down by 58 million since the peak in July 2008 to 380 million." Banks...
...recession has gone on so long and has been so crippling that the eyes of the wishful begin to play tricks. A small piece of economic information, like one month of very modestly improved housing numbers or one week of a slight decrease in jobless claims, sets off a chain reaction. If one set of numbers is OK, the next set will be better. Real estate prices will stop falling everywhere, if they stop falling in hard hit Nevada. (See pictures of Las Vegas...
...Similarly, speculators play their own self-protection game, which can add to bearish momentum. As markets tumble, the crash becomes exacerbated by traders' stop-loss orders, which automatically initiate more selling as the price falls. In other words, as traders who had bought hog contracts at a higher price begin to lose money on their long positions, they are forced to sell them before their losses escalate. (See the top five swine...
...confirmed 286 cases of H1N1 in nearly every state, health officials noted that the illness remained mild. Still, officials point out the need to maintain strict surveillance for new cases, in the U.S. and especially in countries in the southern hemisphere, where flu season is about to begin. (See the top five swine...
Ethics and Extinction I applaud the tireless efforts to save endangered species and vanishing habitats, which you address in your cover story, but we need to begin to deal with the root problem: the exploding population of human beings [April 13]. How about a sterilization credit, like a carbon credit, to encourage people not to reproduce? We need to export and help finance information about all forms of birth control in all parts of the world, including the U.S. We have no trouble making decisions to limit the numbers of other species we deem overabundant...