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Word: defaulters (lookup in dictionary) (lookup stats)
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...factor in the explosion: people with lousy credit represent a massive and largely untapped market for new loans. Most of them are working folks who don't qualify for conventional bank financing, perhaps because of a past lapse or a layoff. On average, they are far more likely to default, but they are willing, even eager, to pay up for credit...

Author: /time Magazine | Title: SUB-PRIME TIME | 11/4/1996 | See Source »

...Even worse than taking a tumble, which resulted in pictures of the candidate helpless on the ground, and referring to the "Brooklyn Dodgers" (who moved to Los Angeles almost 40 years ago), Dole last week let Clinton win the endorsement of the nation's largest police union virtually by default...

Author: /time Magazine | Title: CAMPAIGN '96: THE AD WARS TURN NASTY | 9/30/1996 | See Source »

...could be argued that what they were really doing was hitting the default key. As values guru Bill Bennett puts it, "You've got to go to places where Bill Clinton can't go." For the President to utter the words "middle-class tax cut" would amount to what Dole communications director John Buckley calls "revisiting the scene of the crime...He can chase us down several alleys. He cannot chase us down the tax-cut alley...

Author: /time Magazine | Title: CONVENTION '96: A SPOONFUL OF SUGAR HELPS THE MEDICINE GO DOWN | 8/26/1996 | See Source »

...want to rebuild too extensively for fear of losing it all again. So, for now, I guess that I won't be re-installing the bartending program, or Tetris, or even Excel. I have not even changed my sound back to the familiar "quack" from the default "simple beep." I am just too emotional right now to get too attached again...

Author: By Corinne E. Funk, | Title: Alas, Poor Computer | 4/16/1996 | See Source »

...restoring nearly $4 billion to the spending bill. But the White House is still demanding an additional $1.8 billion for Head Start, veterans medical care and other programs. Meanwhile, Clinton is expected to sign another piece of legislation that will raise the debt ceiling, averting a first-ever federal default. The measure prevents a government shutdown by extending federal borrowing authority through September 1997, but at a cost of raising the national debt ceiling to $5.5 trillion...

Author: /time Magazine | Title: "Another Spending Bill" | 3/29/1996 | See Source »

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