Word: keeping
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...People are also less likely to want to take advantage of programs that allow them to keep properties that are still falling in value because of a deteriorating housing market. Having a mortgage that is deeply underwater is not attractive to many people, even if their payments on that properties are brought down...
...news about foreclosure rates is also a challenge to bank earnings and balance sheets. If the government could have kept hundreds of thousand of mortgage holders in their houses, banks would keep at least some of the income for the properties. Those same banks now face large write-offs on their home loan portfolios which may make the recovery of the financial services industry even more difficult than it already...
...relatives, and neighbors who are out of work are being told that the only way that the recession will end is if the government buys its way out of economic trouble. With unemployment rising, the math that taxpayers face is that fewer people will have to pay more to keep the nation from a depression and worsening unemployment. In addition, they are being told that the future of American social services is also in their hands...
...Competition Commissioner Neelie Kroes said Intel's predatory pricing practices were specifically designed to muscle out AMD, whose current market share is a relatively meager 12%. "Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years," she said. "Such a serious and sustained violation of the E.U.'s antitrust rules cannot be tolerated." (See pictures of Obama's trip to Europe...
...years that the percentage had to come down. It has thus far stubbornly refused, with consumer spending hitting 70.7% of GDP - close to a record - in the first quarter of this year. American households have lost too much wealth and the job market is too miserable for that to keep up much longer...