Word: models
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...resort to protectionism as competition for export markets becomes cutthroat. There will be "much more introspection, especially in emerging markets, about joining the party with as much gusto as in the past," Walker says. "There is going to be a lot of questioning about capital market opening. The old model is broken and they don't know what to replace it with...
...Someone who took out a subprime loan in 2003 is the "patient zero" who began the great recession. In financial models, he was supposed to pay his mortgage for ten years and then sell his home. When his mortgage reset in 2006, he defaulted. The flow of his payments into the mortgage pool stopped. The differential between the real world and the Wall St derivative model moved off center by a fraction of a millimeter. Another person within the same pool defaulted the next day, and quickly the mortgage pool lost the financial yield characteristics that it was supposed...
...hurt efforts to establish schools with balanced populations. “You can imagine that if there were a new charter school with 80 percent of students in need, not that many students of privilege would apply to that school,” he said, adding that the best model would be to have schools reflect the overall population of their communities. But Cambridge Public Schools committee member Marc C. McGovern objects to the funding formula for charter schools in general. For every student that goes to a charter school, money that would otherwise go to the school district would...
...criticism of Slumdog, that would be it. It leans too heavily on this time-honored protest model, one summed up by Crash’s director, Paul Haggis, when he said in his 2005 Oscar acceptance speech that, “Art is not a mirror to hold up to society, but a hammer with which to shape...
...Maybe that should be the model now. Within a nearly trillion-dollar stimulus bill there is probably enough that lawmakers agree on to get the kind of bipartisan vote Obama once aimed for: shoring up collapsing infrastructure, extending unemployment benefits, targeted tax cuts and relief - with strings attached - to state and local governments and embattled homeowners. Then take a deep breath, and let's have the debate he promised, the rigorous test of "Do we need this?" and "Can we afford it?", for all the other programs currently marinating in the bill, whether the honeybee subsidy or the Pell grants...