Word: borrowing
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...write: "Since 2001, as worker productivity went up, 96% of the income growth in this country went to the wealthiest 10% of society. While they were benefiting from record high worker productivity, the remaining 90% of Americans were struggling to sustain their standard of living. They sustained it by borrowing ... and borrowing ... and borrowing, and when they couldn't borrow anymore, the bottom fell...
...Consumer advocates have long complained that credit scores inaccurately measure borrowers' ability to pay back a loan and therefore make it more expensive or even impossible for people who have a low score, or none at all, to borrow. But the complaints about credit scores have fallen mostly on deaf ears in the lending industry. That seems to be changing...
Poll says SARAH PALIN most desirable celebrity neighbor. Can we borrow a cup of moose...
...having a snowball effect over the course of 30 years. Add these to California's extremely high home-foreclosure rate and a global recession (approximately 1 in 4 jobs in the state has international-trade ties), and the deficit quickly adds up. In the past, the state would borrow or sell bonds to bridge the gap, but with the current credit crunch, few investors are willing to offer assistance...
Marriott Rewards. Oahu's Waikiki Beach Marriott Resort & Spa is offering a special surf package. Along with your room, you'll get to borrow a board and a surf jersey for a two-and-a-half-hour group lesson with the Faith Surf School. Rates start at $309 per night, through November. 2552 Kalakaua Avenue, Honolulu...