Word: feds
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...recent years, but a rash of recent defaults has sent the mortgage industry into turmoil. Amidst worries that the mortgage crisis could be causing a general economic slowdown, many argue that an interest rate cut is in order to push the economy back on track. But others say the Fed should not bail out a small segment of investors for their “greed and stupidity.” Harvard instructors including Warburg Professor of Economics Robert J. Barro and Baker Professor of Economics Martin S. Feldstein ’61 said they support a lower interest rate, even...
Later this month, the Fed could cut interest rates, which would lower payments for those struggling to pay their adjustable-rate mortgages. The Fed has issued guidance urging loan-service companies to work with borrowers who are in danger of default...
...arrogant and corrupt ruling class just to keep their heads above water. While the Italian population is getting progressively poorer, the local and central misruling class is getting richer and more arrogant and behaving as though it is above the law, while demanding more money from taxpayers. Italians are fed up, but it seems impossible to get rid of this crooked ruling class. Thank you, Time, for verbalizing what millions of us feel and would like to see reported by Italian newspapers and television. Arturo Abbiati, MILAN
...arrogant and corrupt ruling class just to keep their heads above water. While the Italian population is getting progressively poorer, the local and central misruling class is getting richer and more arrogant and behaving as though it is above the law, while demanding more money from taxpayers. Italians are fed up, but it seems impossible to get rid of this crooked ruling class. Thank you, TIME, for verbalizing what millions of us feel and would like to see reported by Italian newspapers and television. Arturo Abbiati, Milan...
Dick Parrott, 65, is one of Kastel's informants. Parrott raises grass-fed organic beef on a 500-acre farm near the Nevada-Idaho border, about 40 miles from the Horizon Organic dairy farm. After reading one of Cornucopia's newsletters, he e-mailed Kastel with concerns that Horizon wasn't meeting federal organic regulations - in part because its operations were so big. He began driving his pick-up truck to the Horizon farm, camera in hand. "You can drive around and see the cows aren't in pasture," says Parrott...