Word: creditably
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...California to be wed. Most of them will return to states that won't recognize those marriages. When they begin to sue in federal court, they'll likely claim the denials violate the privileges and immunities clause of the U.S. Constitution and its promise of full faith and credit...
...Some might say Scott Cook, co-founder of Intuit, took a huge risk when he left a successful career at Bain & Co. to help start the company. But Cook figured otherwise. "The worst thing that could happen to me is that I would spend a few years paying off credit-card debt. To me, it looked like a risk-free decision," he said...
...they don't have a lot to risk when they're getting started. Consider the history of the U.S.'s fastest-growing firms: 73% of them were started with less than $100,000 in capital. That's clearly in Cook's "go back to work, and pay off the credit card" range. And contrary to what most people imagine, most new businesses are not started with risky, new-to-the-world ideas like those of eBay and Google, which promise to transform the way we buy things. Cook reported that when his company launched its Quicken software program, there were...
...happier. Sullivan calls the pursuit of happiness “the birthright of every American.” While this allusion to the Declaration of Independence’s preamble is sweetly sentimental, there is no guaranteed right to happiness in the Constitution (and for good reason). By giving credit to this argument, Sullivan opens up the door to all sorts of claims of happiness and unhappiness that are completely relative. An opponent of gay marriage, for instance, could claim that the existence of the practice would make him personally miserable. Sullivan would do better to stay true...
...also put an end to cheap credit. Mortgage lenders were happy to coddle British homeowners with easy money during the boom years, helping to push the rate at which U.K. house prices rose over the past decade far higher than economic drivers like income growth and low interest rates could justify. Now banks are throttling back. They have slashed the range of available mortgages and cut the amount they'll lend relative to the value of a property; no more can U.K. customers borrow more than a home is worth, as many had done...