Word: late
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Americans are not happy about the huge taxpayer assistance to Wall Street and feel pessimistic about their own economic situation. That's the finding of a new TIME poll (conducted by research firm Abt SRBI) done in late October...
...only green shoots that many non-Wall Street types have seen lately are the weeds sprouting in the parking lots of abandoned malls. Unemployment is marching toward 10%, and house foreclosures are still rising. If you're a day late with your credit-card payment or overdrawn by a few bucks on your ATM card, the bank (which your tax money helped bail out) is still sticking you with obscene fees and charges. Hence the question that so many of us are asking: Where's my bailout? (See 25 people to blame for the financial crisis...
...that are too big to fail so that we can allow them to fail. I don't know exactly how to do this - does anyone? - but that's how we solve the problem of letting the small fry fail while saving the wounded whales. Perhaps, as many have urged lately, we can start by reviving elements of the Glass-Steagall Act that kept old-fashioned banks out of the far riskier investment business. And out of big trouble. As we've seen, most of the giant rescued institutions didn't understand their problems until it was too late...
...Thursday. It was nighttime. We were late for a concert...
...could barely see Girl Talk during his abbreviated time onstage, and the frigid weather made it difficult to hang around the tailgate parties for very long. And on the day of the Game, most of my friends missed the one and only touchdown scored because they came five minutes late. But none of it mattered all that much, because the real excitement of these school events comes from being surrounded by a huge cheering crowd of other Harvard students during one of the few times we aren’t embarrassed to be sporting head-to-toe insignia clothing. Students...