Word: either...or
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...consumption is ludicrous on its face. What they should have done is just let everybody go bankrupt, let the bankruptcy courts reorganize everything. The Japanese tried this approach of propping up zombie banks and zombie companies; it did not work. And it's not going to work in America either...
...Pennsylvania border, were for the most part unimpressed. Over the course of two hours on a Friday afternoon, only a handful of customers even wandered over to the "R" Market, which had been open for about two weeks. Granted, the store wasn't exactly packed in the toy aisles either. And up till this point, Toys "R" Us hasn't publicized its new initiative, so some customers might not even have been aware of it. Still, the new department was visibly positioned at the front of this particular store. Any reasonable retailer could expect a few more visitors...
...when a participating servicer changes the terms of a first mortgage, it will also have to reduce the interest rate on the second lien - to either 1% or 2%. The government will pay for half of the loss incurred by the loan owners, from the $50 billion bucket of money it had already pledged to housing-rescue programs. Mortgage servicers will be paid to make the change, and homeowners have their first-mortgage principal reduced as long as they stay current - by up to $250 a year for five years...
...antisnipping crusaders argue that the ancient Greeks rejected this violent tribal custom of the Jews and Muslims; hardly anyone practices it anymore besides those groups and Americans. They argue that the Jews created it as a way either to exclude women from their club or to ritualize the sacrifice of the firstborn male. They say it was brought to the U.S. in Victorian times only as a means of reducing masturbation by limiting sensation, in what has to be the biggest failed medical experiment in history...
...plants in Kings Mountain and hundreds of textile mills across the Carolinas, employing hundreds of thousands of people. You know how that story went. Patrick Yarns is the only family-owned spinning plant still standing in the small mill town, and billion-dollar corporations like Springs and Pillowtex have either moved their manufacturing overseas or vanished. The bigger picture is even worse. According to the U.S. Labor Department, the country lost more than 4 million manufacturing jobs from 2000 to 2008, a number that is likely to rise when the damage from this recession is counted...