Word: big
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Dates: during 2000-2009
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...monetary incentives for loan modifications - that economic self-interest would make firms eager to modify loans - may be wrong. Economists at MIT and the Federal Reserve banks of Boston and Atlanta have found that about 30% of borrowers who become seriously delinquent on their payments later catch up. A big deal has been made of the redefault rate - the high number of borrowers who wind up missing even modified payments - but the new finding about the large percentage of loans that "self-cure" indicates that servicers might actually be smart to delay rewriting many loans, since chances are they...
...Major Charles Nanney says informants played a crucial role in the success of a statewide crackdown in June that resulted in the seizure of 6,828 marijuana plants and 120 residential marijuana labs over the course of a few days. Among the best tipsters, they say, are electricians paid big money by growers to wire the sophisticated network of lights and air conditioners used to cool plants and subject them to round-the-clock illumination. The energy-chugging networks require an expert's touch to bypass the electric meter and tap straight into the grid. A sharp increase in electricity...
...extreme caution lest one of your votes be used to decapitate you in a 20-second ad. It was before the Democrats and Republicans transformed themselves into more strictly ideological parties. Put all these factors in the cauldron and you create a poisonous atmosphere that makes legislative action on big issues almost impossible. It is also a prescription for conservative governance of the sort that has thrived since Ronald Reagan. Doing nothing is the easiest thing. (Read TIME's exclusive health-care interview with Obama...
...made in trying to reform health care was pulling a pen out of his pocket during the 1994 State of the Union address and threatening to veto any health-care legislation that didn't achieve universal coverage. He had come to believe that the only way to get something big like health-care reform was to do it incrementally. Obama has been wise not to make any take-it-or-leave-it offers. He is still fighting for a comprehensive bill - and he still may get one. But he may have to settle for less. (Watch TIME's video "Uninsured...
...Perry, it's always ladies first. In June he suggested that instead of him giving up his hopes for another term, Hutchison might abandon her bid for the governorship. A battle between Perry and Hutchison would be epic - both have deep support in the state, have raised big bucks and have served for years. Recent polls, however, have given an edge to Perry, whose Washington-bashing appears to be resonating with Texas primary voters. For her part, Hutchison is scooping up some of Perry's longtime major contributors...