Word: decentering
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Once upon a time, the Mantra was, Get a job, maybe two, and save. Building a cash reserve was required to obtain decent credit. One's work and savings history became one's credit rating. Why should we bail out lenders unless they can perform reasonable risk assessments? Lenders once insisted that consumers demonstrate a responsible financial history before lending. What has happened to this commonsense approach? Susan Staudt, WAUKESHA...
...poll 25 people. I had to interview every third person who passed and space out my polling throughout the entire day. I slightly adjusted these rules by showing up at 11 a.m. and asking every person I saw in order to get out of there early. I got a decent sample anyway: half men, half women, half white; a third were over 50, and I'm pretty sure 12% were gay, even if 4% were probably denying it to themselves...
...have read about him,” she explaining, pointing out that “he’s an Arab.” Though McCain was quick to correct her, his response was curious: “No, ma’am, he’s a decent family man and citizen that I just happen to have disagreements with over fundamental issues.” Somehow, “family man” and “Arab” came across as mutually exclusive concepts. The audience didn’t seem to notice?...
These days, measures of volatility are off the charts, including the one Robert Engle, a Nobel Prize-winning professor of finance at New York University, keeps tabs on. According to his calculations, which are based on past stock movements, the S&P 500 has a pretty decent chance a year from now of being worth either four times what it is today - or a quarter as much. That absurdly broad range, which falls in line with other volatility barometers, is indicative of how haywire stocks have been acting. "You saw that kind of volatility in the Brazilian and Argentinean markets...
...John McCain is as serious as he says about running a "respectful" campaign against an opponent he considers "a decent person," word hasn't yet trickled down to his newly opened storefront field office in Gainesville, Virginia...