Word: plan
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...might have noticed a particular word missing from the speech President Obama gave on Wednesday in rolling out the Administration's massive housing-rescue plan. That word is "subprime." That might ring a little odd, considering how religiously we've been talking about the "subprime mortgage crisis" - all the loans made to borrowers with bad credit who couldn't really handle them. The thing is, subprime isn't the entire story. In fact, looking forward, it's not even the biggest problem. While the raw percentage of subprime loans in delinquency and foreclosure still far outstrips any other sort...
...overdue budget. The state had to send out $3.3 billion in IOU notices to taxpayers and vendors; thousands of construction projects were stalled; and state offices were furloughed. Finally, after a record-breaking 45-hour Senate session, the elusive two-thirds majority vote was reached to pass a budget plan that includes $15 billion in service cuts and spending reductions, $12.8 billion in temporary tax hikes and $11.4 billion in borrowing...
...sure seems that way. [SEE CORRECTION BELOW] The Boston Globe called the NEA support “a lightning rod” for criticism. Eric Cantor, a Republican from Virginia and the third-ranking GOP member of the house, has been (as one could expect) virulently opposed to the plan. His office released a statement condemning the plan, as it “uses taxpayer dollars on NEA programs instead of common-sense tax relief targeted to revitalize small businesses and create jobs for middle-class families facing economic challenges.” And those words ring true with more...
...devoted New York Yankees fan. Helped orchestrate the deal that led to the building of a new stadium for the team. After a local community board voted against the plan, Carrion removed some of the board members - an act his critics called retaliatory...
...called revenge. This shows total disregard for the community." - Mary L. Blassingame, head of a Bronx community board who lost her position after opposing Carrion on a Yankee stadium development plan, New York Times, June...