Word: clearing
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...March that it would start reducing the principal on some home loans. This, after the banking industry successfully fought off attempts by Democratic Illinois Senator Dick Durbin and others in Congress to pass legislation last spring that would have allowed for mortgage modifications. But since then, it has become clear that without loan modification, many borrowers have no recourse but to accept foreclosure and walk away, says Porter. "I think one reason the economic recovery is slow is that it is taking so long to work through these delinquencies," she says...
...protect when taking office. On March 21, red-shirt protestors used gallons of their own blood to inscribe 70 meters of canvas in a gruesome display of protest art. One oft-repeated message: "The land is burning," a reference to the swidden fires up-country but also a clear warning to the urban élite. (Read "Thailand Braces For Anti-Government Protest...
...When we have people here, we can do more to project those people into the Yard,” Purcell said. “We can do more so that government students know who’s down here, so they make it clear who’s available...
...behavior nor a willingness among other countries to increase the pressure on Tehran. The Administration currently claims it is making progress toward tougher sanctions, and the President said this week that he hoped the Security Council would pass a new sanctions resolution this spring. But it is increasingly clear that any new U.N. sanctions, if they come, will contain few new penalties. (See pictures of the world's worst nuclear disasters...
...Gingrich, an outsize personality whose Contract with America manifesto gave congressional Republicans a simple and accessible platform around which to rally voter discontent. This time, there's no clear-cut, dynamic leader to spearhead the charge and challenge Obama the way Gingrich challenged Clinton. On the other hand, in 1994 no one knew who Democratic House Speaker Tom Foley and Democratic Senate majority leader George Mitchell were. These days, the faces of Nancy Pelosi and Harry Reid are plastered all over GOP attack...