Word: costly
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Dates: during 2000-2009
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...safer - and better for property prices - when blocks aren't full of foreclosure-related vacancies. And lenders? Turning properties into rentals until the market rebounds may sound like an appealing alternative to selling assets at cut-rate prices. "This is another tool to use, and it doesn't cost the government anything," says Representative Gary Miller of California, who has sponsored a bill to make it easier for banks to enter into long-term leases with tenants. (See high-end homes that won't sell...
Even in the House, the amendment garnered only an additional six to ten votes, hardly proportional to their cost. Nonetheless, without those six to ten votes, the bill would not have passed, and, as President Obama put it, “this is a health care bill, not an abortion bill,” and in that vein, it must be recognized that reforming America’s health care delivery system is worth whatever reversible price must be paid to enact the required legislation...
...leader Harry Reid's invitation, as the ghost of 1994 - a reminder of what happened the last time lawmakers took up the cause of health care reform and didn't finish the job. That failure not only dealt a near crippling blow to a young Democratic presidency but also cost the party its majorities in the House and Senate. And most important, it left the country with a dysfunctional health care system that 15 years later costs more and covers millions fewer. "It's not important to be perfect here," Clinton told reporters after his private lunch with the Democratic...
...hard to overestimate the complexity of Reid's task. His first challenge, which is expected to come as soon as he can obtain cost estimates for his bill from the Congressional Budget Office (CBO), will be to get the legislation onto the floor, with a normally routine procedural vote known as a "motion to proceed." While Reid doesn't have his 60 votes locked down for it, the betting is that he will. More uncertain is whether he will find that many to get the bill out of the Senate, which will require a second, more contentious vote...
...when the prey involved is a faceless business - or better yet, an international retail chain. In reality, however, shoplifting comes back to bite all consumers in the billfold in the same way that higher plane tickets do when airlines face increasing gas prices. Anytime businesses have to absorb a cost, they pass it along to their clients in some form or another. Retailers make up the money lost to shoplifting by marking up the prices of their goods. According to the Center for Retail Research, this ended up costing each U.S. household $436 in the past year and each European...