Word: investers
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...moderate Republican, and we don’t survive closed Republican primaries because the conservative base always shows up,” Halcro said, referring to the fact that independents can’t vote in the Republican primary. “If I was going to invest my time and money, I wanted to actually get to the dance.” As for his thoughts on the current race as a whole, Halcro—who is not publicly supporting either the Democratic or Republican ticket—expressed happiness with the emerging strength of the youth vote...
...case of households, debt rose from about 50% of GDP in 1980 to a peak of 100% in 2006. In other words, households now owe as much as the entire U.S. economy can produce in a year. Much of the increase in debt was used to invest in real estate. The result was a bubble; at its peak, average U.S. house prices were rising at 20% a year. Then - as bubbles always do - it burst. The S&P Case-Shiller index of house prices in 20 cities has been falling since February 2007. And the decline is accelerating. In June...
...last throes. We don't torture. Nobody thought the levees would break; FEMA is doing a heckuva job; we'll do what it takes to rebuild. The economy is fundamentally strong, and more tax cuts will make it stronger. And we can save Social Security by letting you invest your benefits in the market...
...easy credit bloomed and usury became another of those vices that had somehow lost its juice. The average American has nine credit cards with a total $17,000 balance. We borrow against our houses and pensions to live in a way that dares us to actually grow old. "Never invest in any idea you can't illustrate with a crayon," Fidelity mastermind Peter Lynch advised, but we embraced all kinds of investments about which we understood nothing except the hollow promise that they would never fail. When the economy began to swoon we kept spending, effectively sending ourselves rebate checks...
...Despite surveys that show a rise of anti-American sentiment in recent years, many Britons still love America, and the British political classes invest great importance in their country's "special relationship" with the U.S. Still, it's safe to say that the sharp sense of disappointment expressed by Cameron isn't uncommon. "The past eight years have been dominated by the troika of Bush, Rumsfeld and Cheney, who have become increasingly unpopular in Europe," says Brooks Newmark, an American-born Conservative MP. He's an enthusiast for John McCain, who has cultivated close links with British Conservatives and addressed...