Word: minimum
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...Quite frankly, it’s because we’re doing more things this semester.” UC Representative Sonia S. Dara ’12 suggested that perhaps meetings could be shortened if “people kept clapping to a minimum.” Representatives typically clap to celebrate the passage of legislation or to mark major speeches. This week’s grants package proved contentious, with the debate centering on two separate allocations—one for a $2,000 allocation for movable lights for house theaters, and another for an $1,850 grant...
That's a chilling echo of what happened in the United States over the last decade. But there are important differences in the two markets. For one thing, Chinese by law must have "skin in the game." The absolute minimum down payment on a new house or apartment is 20% of the purchase price, and for most buyers it's usually closer to 30%. And a large percentage of Chinese - upwards of 40% according to some estimates - pay cash for new apartments, because in a high savings economy, housing is widely seen as a safe investment. That means, in China...
...stuck holding it. The good news is that so far, credit-card and auto loans have not had the same high rates of default as home loans. But as the economic downturn worsens, analysts say it will become harder and harder for consumers to make even the minimum payments on credit-card debts that have racked up over years of overspending...
...never tires of pointing out. He included items that President George W. Bush did not to obscure the true operating cost of the government, such as the money for the wars in Iraq and Afghanistan, an annual multibillion-dollar fix of the fees that Medicare pays physicians and Alternative Minimum Tax relief for the middle class. "At least the budget that the Obama Administration presented, even though it's huge and it's a huge deficit - and that enables the other team to beat up on it - the truth is that it's honest and truthful," says Representative John Tanner...
...Crimson kept its own mistakes to a minimum, turning the ball over a mere ten times. Housman and McNally rendered Yale’s full court press mostly ineffective, evading the pressure and setting up the half court offense...