Word: cards
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Dates: during 2000-2009
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...people selling one home to buy another and letting homeowners use cheap mortgages to refinance won't get rid of excess housing inventory. These policies are meant to do something else: stimulate the economy by delivering money to homeowners. "We could tell everyone you can get a credit card at a rate of 6%, and that would put money in people's pockets too," says Dean Baker, a co-director of the Center for Economic and Policy Research. Call this a housing-mediated stimulus--but don't call it a housing-market...
...Life in Vilnius is a giant poker game, played by madmen.” “Vilnius Poker,” a novel by late Lithuanian author Ricardas Gavelis, and recently translated into English by Elizabeth Novickas, sets up a metaphorical card game to puzzle even the most seasoned players. With four narrators at the table, each of whom bluffs, bets, and folds accordingly, Gavelis conducts a profound autopsy of Lithuanian identity garroted by Soviet rule. This ambitious endeavor is admirably achieved. Gavelis’ writing is a paragon of surrealist creativity and an intensely interesting read, filled with...
...employees, researchers at the University of California, Berkeley, devised a pair of tests. Cameron Anderson, an associate professor of organizational behavior and industrial relations, along with doctoral candidate Gavin Kilduff, recruited a group of 68 graduate students and divided them into four-person teams. To eliminate the wild card of gender, the teams were either all-male or all-female. Each group was given the task of organizing an imaginary nonprofit environmental organization; the group that did best - as determined by the researchers - would win a $400 prize. While the prize was real, the purported goal wasn't. What Anderson...
...other market watchers believe China Mobile may have a card up its sleeve: the powerful Ministry of Industry and Information Technology. The ministry, which is not exactly known for its reluctance to intervene where it sees the need, won't allow its efforts to nurture a domestic 3G standard to be derailed so easily, the industry executive in Beijing says. "They have spent many years and a lot of money on this. There's no way they'll let their baby get frozen out by foreign competition." China's 3G bonanza might seem like an industry windfall, but those...
...less exclusive in restricting Wednesday diners. “I think everybody should be allowed to bring one guest to community night,” Binder said. Unfortunately for Binder, the Adams dining hall staff will enforce the inter-house restrictions strictly, according to Adams dining hall worker and card swiper Lucy F. Medeiros. “No inter-house, no guests. Just Adams House people,” she said. As part of the effort to foster a sense of community, the first Adams-only dinner tonight will include a reintroduction of the House tutors, Corriel said. The Adams...