Word: interest
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Dates: during 2000-2009
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Then there is the financing issue. The federal government has done a lot to try to keep interest rates low - like buying up mortgaged-backed securities from Fannie Mae and Freddie Mac - but loans over a certain size are often exempt. The rates on "jumbo" loans (generally those that run about $417,000) have historically been about .25 percentage points higher than on regular mortgages. That spread jumped all the way up to 180 basis points last fall, according to data-tracker HSH Associates - but has since settled down to about 100. Still, that's a big added expense. Plus...
...taxes or pass a budget in California than in other states. For more than 30 years California has been living with a system of minority rule in which 34% of the legislature or a local community can stonewall the majority. Facing this post-Proposition 13 system, California's various interest groups have increasingly used the ballot box to protect themselves - but by so doing have mandated budgetary havoc...
...Sotomayor and her colleagues. "I found the Kennedy opinion really consciously restrained," says Tom Goldstein, co-chair of the Supreme Court practice at Akin Gump. "He pulled back in order to minimize the way this case focuses on her." Chief Justice John Roberts, who Goldstein says "has a real interest in depoliticizing the court," joined with Kennedy. (Watch TIME's video "Sonia Sotomayor: Bronx (and Baseball) Role Model...
...Speed and While You Were Sleeping, she knew how to get laughs and produce tears with equal, unforced agility. And with Julia Roberts' four-year break from starring roles (until this spring's Duplicity), Bullock is the one enduring star actress of her age. All this stokes a rooting interest in film folk and audiences alike. They just wish she were in better movies...
...healthy, but it slashed needed as well as unneeded care in a frenzy of willy-nilly cost-cutting and short-term profit-taking, triggering a national backlash. And if Congress gets into the details of what would be reimbursed under a new fee-for-quality structure, the same interest-group politics that have distorted and ultimately paralyzed the current system could dominate the new system; that's why Obama has proposed to depoliticize those decisions through an independent agency similar to the military-base-closing commission. Still, changing the dysfunctional payment system while safeguarding patient rights (and perhaps protecting doctors...