Word: bottome
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...tens of thousands of dollars in incentives to buy, and to buy now. At a recent conference of Colorado builders and real estate agents, one speaker counseled salespeople to stop acting so desperate. "It sends the signal that the market is bad," he said, "and to wait for the bottom...
...Denver richly illustrates, there is plenty of bottom left to wait for. It's a far cry from the days of double-digit home-price gains and mass speculation in hot markets like Las Vegas--where 40% of the houses up for sale now sit vacant. What's astonishing about this particular real estate bust, though, is the way the damage has pinballed across the financial universe: mortgage companies in Los Angeles, banks in Seattle, hedge funds in Australia, the European Central Bank, Wall Street investment houses and Main Street stockholders have all had the American real estate market fall...
...emblematic of a larger problem: our education system has little idea how to cultivate its most promising students. Since well before the Bush Administration began using the impossibly sunny term "no child left behind," those who write education policy in the U.S. have worried most about kids at the bottom, stragglers of impoverished means or IQs. But surprisingly, gifted students drop out at the same rates as nongifted kids--about 5% of both populations leave school early. Later in life, according to the scholarly Handbook of Gifted Education, up to one-fifth of dropouts test in the gifted range. Earlier...
...Giving a corporation the license to run a region is very different from giving it the option to run for office,” he said. “In the latter case, they remain accountable to the voters, not just the bottom line...
...Bottom line: Romney's 2-out-of-3 noncallous score means liberals can work with him, though there's room for improvement. But Rudy's strikeout on the HCCAT means one of two things: The man hasn't thought through his own health plan. Or--sad to say--he just doesn't care...