Word: loaned
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...help individuals make their payments, Bank of America announced in March that it would start reducing the principal on some home loans. This, after the banking industry successfully fought off attempts by Democratic Illinois Senator Dick Durbin and others in Congress to pass legislation last spring that would have allowed for mortgage modifications. But since then, it has become clear that without loan modification, many borrowers have no recourse but to accept foreclosure and walk away, says Porter. "I think one reason the economic recovery is slow is that it is taking so long to work through these delinquencies...
...category too.) But Thaksin knew how to tap into a voter base long underexploited by traditional Thai politicians. His populist policies, which included heavily subsidized health care and microfinancing schemes, delighted the lower classes and helped Thaksin win the largest electoral mandate in Thai history. Economists have critiqued the loan projects, pointing out that much of the money was spent on satisfying consumption cravings, as opposed to building businesses, thereby creating unsustainable debt loads. Long-term reality mattered less, however, than short-term perception. At last, Thailand's downtrodden felt like they mattered - until the 2006 coup ousted their chosen...
...main event, Republicans seem to have all but ignored another part of the legislation that more precisely fits their rhetoric. In addition to securing the President a victory on health care, the House bill took him one step closer to delivering on a promise to reform the college-student-loan system. If a final piece of legislation before the Senate is approved, millions of students will get their federal loans directly from the Department of Education. In other words, the federal government would sweep aside private competitors in the biggest change to the federal student-loan program since its creation...
...where's all that outrage now? The thing is, the government already runs much of the student-loan industry. For decades under the Federal Family Education Loan (FFEL) program, the government has handed out subsidies to large banks and companies like Sallie Mae that lend money to student borrowers and collect it from them. In addition, the federal government has been obligated to cover up to 97% of any defaulted loan, effectively eliminating risk for lenders. Figuring that money could be saved by cutting out the middleman, Congress created the Direct Loan program - in which money goes from the Education...
...ancestor in the antique-Greek action genre - so the hacked-off-arm opportunities are also limited.) But at least this transfer to 3-D doesn't substantially darken the original image, as Tim Burton's Alice in Wonderland did. More important, you don't need glasses or a bank loan to enjoy Clash. It's very watchable in 2-D. I realized that when I removed my goggles during some scenes and found nothing changed: no double vision, no change in brightness. A Cyclops could see the movie and miss nothing. (See the top 10 movies...