Word: gas
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...that's worth 30% less than the mortgage. Then you're in crisis. Most Americans aren't. The economy still seems to be growing. Job losses have been manageable. Yes, people are very unhappy about the economy. But day to day, they're more worried about the price of gas than the soundness of the financial system...
...Gas-Guzzling...
TIME's suggested adaptations to expensive gas sound good, but with teenagers driving to school instead of taking taxpayer-subsidized buses and with mall parking lots full on weekends, I don't see them happening [July 14]. I think gas will have to reach $6 a gallon before old habits change. Kenneth Lee, RAYTOWN...
...value on which a buyer and seller can agree. IndyMac bank failed because of a perception that it was dangerously overextended. Once the panic began, the reality was irrelevant. McCain himself has argued that eliminating a moratorium on offshore drilling would have a positive "psychological impact" that could reduce gas prices...
...steady decline: $41 million in March, $31 million in April, $22 million in May. That said, $22 million in any other cycle would be record-breaking. McCain posted his best month ever in June: $22 million. And there is a natural cooling-off period after the primaries. With gas prices sky-high, some small donors may feel like Obama doesn't need their $25 as much as they do. "The thing we are a little concerned about is that some people don't realize the urgency," said Karen Finney, DNC communication director. "Senator McCain is a formidable candidate...