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Word: modestic (lookup in dictionary) (lookup stats)
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...that sense, the notion of bringing down the monthly payments for homeowners who cannot meet the obligations of their mortgage payments makes them simply placeholders in the housing market. The government is encouraging people to put their modest wages into money pits, by helping them to remain in their homes through new mortgage modification programs. They are being herded into an economic trap that will require them to spend money on something which may never have any value to them just so that they can keep their current roofs over their heads...

Author: /time Magazine | Title: Americans Become A Nation of Renters | 2/17/2009 | See Source »

...According to The Wall Street Journal, "The most stringent pay restriction bars any company receiving funds from paying top earners bonuses equal to more than one-third of their total annual compensation." That means that a trader making a modest salary of $400,000 who brings in $50 million in profits for his firm would probably be paid less than $600,000 under the new rules. Most traders get bonuses at year end. Successful traders can make $10 million or $20 million a year in exchange for pumping up their employer's bottom line...

Author: /time Magazine | Title: Can Wall St. Dodge Government Pay Limits? | 2/16/2009 | See Source »

...follow the steady rise of the young lawyer and family man. When Lincoln bought the place at Eighth and Jackson in 1844 - the first and only home he ever owned - he was a 35-year-old politician with a wife and a baby, and the house was a modest story-and-a-half. As he grew wealthier, Lincoln literally blew the roof off the place, extending it to a full two stories. Now there was space for big parties, a spacious guest room, and room for a live-in maid...

Author: /time Magazine | Title: Reporter's Notebook: Visiting Lincoln's Springfield | 2/14/2009 | See Source »

Gates, tempered by his decades of seeing what U.S. intelligence could--and could not--do, is leery of the buzzwords and silver bullets that ricochet around the Pentagon. "Be modest about what military force can accomplish and what technology can accomplish," he told an audience of midcareer military and intelligence officials last fall. War is "inevitably tragic, inefficient and uncertain," he said. So is taking on the Pentagon...

Author: /time Magazine | Title: Can Robert Gates Tame the Pentagon? | 2/12/2009 | See Source »

...symphony,” he says. “But all of us have songs on our iTunes playlists. We all listen to music but know almost nothing about how it’s made.”This “modest little series,” as Coriel calls it, is designed for anyone—with or without a musical background—who wants to better understand the function of the various elements of a song. Although the first class included a fair number of aspiring student lyricists, the focus of the course will...

Author: By Charleton A. Lamb, CRIMSON STAFF WRITER | Title: 'Songs' Find Home in Adams | 2/12/2009 | See Source »

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