Word: borrowing
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Maybe for a while yet. It's tempting to wag a finger at spendthrifts living beyond their means, or at the new breed of middle-class speculators taking out buy-to-let mortgages to become landlords. Yet most British borrowers look quite clear-eyed and rational once you've seen their household balance sheets. With base interest rates at a 38-year low of 4%, many feel they literally can't afford not to borrow...
...upfront presentation Monday, at Radio City Music Hall, it was a Christmas where the network did a bit of - to borrow a term from Seinfeld - "regifting." The network announced one drama, set in the early 1960s, that will make liberal use of old footage from "American Bandstand" and NBC News reports. It announced "The Rerun Show," to air perhaps later this summer, in which a troupe of actors will perform scripts from old sitcoms. It announced a few new sitcoms and dramas, several of which bore considerable resemblence to old NBC sitcoms and dramas...
...McGraw-Hill). He tells me he sees stocks returning just 5% to 7% annually, after subtracting inflation, over the next 20 to 30 years. And an average return of only 4% over the next five to 10 years "wouldn't surprise" him. Siegel used to urge young people to borrow up to 135% of their net worth to invest in stocks. Now he thinks that 75% to 80% in stocks, with the rest in high-yield bonds and tips, is enough. A hedge against the chance of low stock returns is now imperative. No matter what history suggests, remember...
...Both parties, of course, are notorious for plagiarizing each other. Bill Clinton drove Republicans nuts when he'd borrow many of their conservative themes, like welfare reform. And Democrats fume when George Bush poaches from their issues, like education. But what's wrong with it? Why shouldn't a Republican borrow a Democrat's idea? Didn't they teach us in grade school civics class that compromise is key to productive government? Why can't the two parties use the same slogan? Heaven help us, it might even get them to agree of a few things...
...Pacific Sunwear was sketchy. But it wasn’t even the sketchiest part of the weekend for well-known sleaze Dennis H. Shenkman ’04. That moment came when he posted a graphic description of the act to his house open list. He also asked to borrow a copy of the Rome of Augustus sourcebook...