Word: homely
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Dates: during 2000-2009
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...course, another way to make ends meet is to reduce spending. For Teri Austin, the mother of a newborn when her husband lost his advertising-agency job in February, that means eliminating the family's monthly mortgage payments by selling their Richmond, Va., home and moving into her parents' house near Los Angeles. To make matters worse, their Richmond house has lost so much value, the only option appears to be a short-sell to a bank or foreclosure. (See how Americans are spending...
...used less, movies and even cable are cut or reduced, new clothes and haircuts are postponed and family dinners at restaurants are increasingly reserved for special occasions. To be sure, many of these cuts affect both the husband and wife, but women - even those who work outside the home - still take on more household responsibilities, including cooking, cleaning and taking care of children, whatever their ages. Which means that fewer family dinners out - as well as fewer take-out orders and pizza deliveries - plus more people around the house can mean even more work for the wife. "There are more...
...hedge funds," Mats Odell, Sweden's financial markets minister said earlier this month in the context of the E.U.'s proposals. "But in some countries, the political debate portrays [them] as the problem." Paul Myners, a British government minister with responsibility for the U.K.'s financial-services sector - home to 80% of Europe's roughly $400 billion in hedge-fund assets - accused other E.U. governments July 7 of making "political capital out of demanding intrusive regulation of an industry of which they have little or no direct experience." While it acknowledges they didn't trigger the crisis, the European Commission...
California is the poster child for dysfunctional state finance. A week past the legal deadline for passing a budget, the state has yet to close a $26 billion hole. State workers are - yet again - being told to stay home. The National Park Service is threatening to take back parks it gave to California should the state try to save money by closing them. Taxpayers are getting IOUs in the mail instead of refund checks since there's no cash to pay them what they're owed. You can now buy the IOUs on eBay...
Steinberg did not respond to requests for comment left at his home and Hillel office on Monday evening and Tuesday morning...