Word: loosening
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...require commercial property to be assessed at market value. To relieve the logjam in California politics, momentum is growing for an open primary system, in which the two top vote getters in the primary, regardless of party, would face each other in the general election. Proponents believe it would loosen the grip of partisan ideologies and make it easier of moderates to win elections. In addition, a redistricting reform won narrow approval last November and proponents of good government keep trying to lengthen the state's term limits on legislators...
...that reason, Zardari's biggest takeaway from his trip may be the realization that he can't rely exclusively on a sympathetic White House to loosen the purse strings. Pakistan was once a country that most in the U.S. knew little about. But the more Americans learn about it, the less likely they are to think that all there is rosy. It will take more than TV footage for Zardari to convince Congress--and public opinion--that his country deserves the assistance he seeks...
...that point, pressure mounted from regulators, the Federal Reserve and Congress on the Financial Accounting Standards Board to loosen accounting rules so that the toxic assets' book value could be marked up to buttress the banks' balance sheets - conveniently raising the assets' potential sales price at the same time. And in late March, days before the meeting with the bank CEOs, Geithner and Obama unveiled the government subsidies for buyers, drawing big names like Blackstone and Pimco into the market to purchase the assets from the banks and resell them...
...putting off buying cars for nearly two years as unemployment has climbed and credit has been choked off. (Showroom traffic is increasing, notes Summit Auto's Buscher; it's financing that continues to lag.) But that also means that we'll be readier to buy when credit starts to loosen. Even if this recession lingers longer than expected, results will pick up substantially in 2011. Analyst Luedeman predicts that sales in North America will bottom out at 8.4 million units this year (others say slightly higher), then jump to 10.2 million in 2010, a 21% improvement...
...from the housing bill, a bill that had to be overhauled by the Obama Administration this week," the Senator says, referring to the Administration's changes to the housing program created by Dodd's bill last summer. The changes, which did not require congressional approval, were badly needed to loosen up the $300 billion fund that had been choked by conditions Congress placed on the money. "We created a bill that did a lot of good things but made it cumbersome to deal with foreclosures," Dodd concedes, adding that his committee held 82 hearings "on the foreclosure issue...