Word: marching
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Dates: during 2000-2009
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...This isn't the first time we've heard exceptional numbers on upside-down borrowers. First American CoreLogic figures there were already 11 million homeowners in that position at the end of last year, and Moody's Economy.com estimates we had reached 15 million by the end of March. The Deutsche Bank projection assumes that house prices nationwide will drop an additional 14%. That forecast is starker than most, and if it doesn't come to pass, the problem of underwater borrowers won't be nearly as severe. (See how Americans are spending...
...boom and therefore often correspond to home prices that had nowhere to go but down. However, according to Deutsche Bank's projections, a second wave of upside borrowers is about to hit, and this time prime borrowers will account for the bulk. As of the end of March, the bank estimated that 16% of prime borrowers with conforming loans were underwater. By the end of March 2011, some 41% are projected to be. And about half of those are expected to owe at least 25% more than their house's value...
...quagmire. Recognizing the limits of what could be achieved in Afghanistan, the President has scaled back U.S. ambitions from the Bush Administration's lofty objective of turning the country into a modern democracy. "We have a clear and focused goal," he said in a policy speech in March, "to disrupt, dismantle and defeat al-Qaeda in Pakistan and Afghanistan, and to prevent their return to either country in the future." That goal does not necessarily require the defeat of the Taliban per se - a goal that many analysts have long deemed unrealistic. Many key Taliban leaders have little truck with...
...Iranian-American with a foreign accent" was up to. Don't worry, a friend assured me, they're professional. These guys won't waste their time if there's nothing there. It's how they've stayed in power for 30 years. (Watch TIME's video "An Iranian Protest March in Paris...
Still, the ultra-Orthodox and the gay community have been known to come to physical blows. Gay activists recall the 2005 pride march in Jerusalem, when an ultra-Orthodox man leaped into the crowd and stabbed three marchers before he could be restrained by police. The violence came after the city's ultra-Orthodox mayor had tried to ban the march but was overruled in court. The following year, police ordered 12,000 officers to protect a few hundred marchers from possible ultra-Orthodox violence. Even Tel Aviv has not been exempt from gay-bashing. Gay activist Shlomi Laufer, writing...