Word: nationalizations
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...arrive at their forecasts, the Deutsche Bank analysts, led by Karen Weaver, assessed several leading variables, with affordability being a key driver. The pronounced decline in home prices across the nation, coupled with a downward drift in interest rates, has greatly improved nationwide affordability, the report noted. Indeed, in some famously overpriced regions that have since corrected, such as Los Angeles and the Riverside-San Bernardino areas of California, affordability is as good now as it has been in decades. That's a big reason that many California areas may see prices fall only an additional 10% or so, despite...
...Bible has the logic backward. In ancient times, when a man of royal blood married a foreign woman of royal blood, it wasn't on a romantic whim. It was part of foreign policy, a way to cement relations with another nation. And that cement was strengthened by paying respect to the nation's gods. Solomon's many wives didn't lead to his many gods; his politics led to both the wives and the gods...
...century B.C.E. Rejecting a Solomonic view - that immersion in the larger world could make Israel richer - Hosea insists the game is zero-sum: when Israel "mixes himself with the peoples ... foreigners devour his strength." Hosea's suspicion of the foreign isn't surprising. Israel, a small nation in a tough neighborhood, often did get pushed around...
This peace would also have been foretold. Isaiah (first Isaiah, not the Isaiah of the exile) envisioned a day when God "shall arbitrate for many peoples" and "nation shall not lift up sword against nation, neither shall they learn war any more." And in a Koranic verse dated by scholars to the final years of Muhammad's life, God tells humankind that he has "made you into nations and tribes, so that you might come to know one another...
...news that Iran's Supreme Leader Ali Khamenei has ordered an investigation into charges of voter fraud in his country's presidential elections has been greeted with skepticism by many in the West. After all, it was Ayatullah Khamenei, who holds the ultimate authority in the theocratic nation, who rushed to embrace incumbent President Mahmoud Ahmadinejad as the victor long before the ballots were counted. But his order to the Guardian Council, the powerful watchdog of the Iranian constitution, to start an investigation may not be as cynical as it appears. (Read a story about how Khamenei is the power...