Word: californiaisms
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...Greed" is great reporting [Sept. 29]. Andy Serwer and Allan Sloan compressed a staggering amount of information into five pages and still made this trajectory of avarice remarkably clear. Now that I think I understand it, I wish I didn't feel so angry. Edward Claymore, Laguna Woods, California...
...White House who would apologize to the American people or even to the global community for the horrible financial mess we are now facing - someone who would have the guts to stand up and say, "I am sorry for my mishandling, my misjudgment, my negligence." Wang Zhixue, Monterey Park, California...
...investors and others would soon begin snapping up short sales, foreclosures and any other bargains they could find. Unsold housing inventories and mortgage foreclosures would decline, and the housing market would be on its way to recovery. Good old-fashioned capitalism would again save the day. Charles Lingenfelter, Carlsbad, California...
...past, fishing quotas - or the government allotments of set amounts of fish to private parties - have not always won over the hearts of seafarers. But looking at more than 11,000 fisheries worldwide, researchers led by scientists from the University of California, Santa Barbara, found that countries that had effectively privatized their fish stock by doling out quotas to individual fishermen were half as likely to experience a collapse as those that did not. "The idea is that by securing access for individuals or select groups for a long period of time, they have an incentive to steward the resources...
...California "If I ask, Should we bail out Wall Street?, you won't get 1 in 50 of my constituents to say yes," says Pete Stark, the Democratic Congressman from the Fremont area. "They don't want their tax money to pay for this." And so he voted against the measure. "Fremont has one of the highest foreclosure rates in California, and unemployment is high. I think their feeling is, Why should you be bailing out Wall Street when we know people who can't afford junior college tuition? They see the Wall Street giants as extremely rich people very...