Word: extention
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Given this environment, it seems unsurprising that, more and more, those polemics are succeeding. To a limited but significant extent, religion is becoming obsolete. Months ago, President-elect Obama was criticized for claiming that people from small towns, “get bitter, they cling to guns or religion or antipathy to people who aren’t like them.” Many understood Obama’s suggestion as embracing the secularist proposition that religion is a trend of past centuries, comparable to racism in that it is something to be outgrown. This belief’s increasing...
...Fannie and Freddie represent less than 20% of serious delinquencies. Private label securities - those packages of mortgages that were sliced and sold to investors - represent some 60% of serious delinquencies. Lockhart made an appeal for servicers of such securities to "adopt this program as the industry standard," but the extent to which that will happen is questionable, considering that servicers have an obligation to investors not to take unnecessary losses...
...Admittedly, the above stories were little more than superficial miscues overblown to some extent by the media. But Palin also showed a shocking lack of fundamental awareness on a number of important national and international issues. From her much-derided Katie Couric interview to her unfamiliarity with the Bush Doctrine that has governed our foreign policy for eight years, over just a few weeks she accumulated gaffe after gaffe...
...torn Europe to the jungles of Southeast Asia, from the deserts of Iraq to the mountains of Afghanistan, brave patriots have protected our nation’s ideals, rescued millions from tyranny, and helped spread freedom around the globe.” This sentimental patriotism, while to some extent valuable, must be accompanied by an insightful, even-handed interrogation of our history...
...don’t know what the full extent of the cuts will be, and there’s been a lot of talk about the state making additional cuts in February,” said McGovern...