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...coming downturn is already shaping up as different - and tougher - than some previous ones. That's because the financial crisis is taking place at the same time as a real estate downturn, a conjunction that is unusual; in the past, one has often followed the other, but it's rare for them to happen simultaneously. And the problems are being exacerbated by an explosion of household debt in Britain over the past decade, which now leaves people especially vulnerable. Buoyed by rising property prices, households ratcheted up their borrowing to a massive 173% of disposable income...
...because the city's corps of middle managers was wiped out in previous downturns, companies are now looking for younger workers. Westinghouse hired 800 people last year, bringing its total new hires to 3,000 in the past three years. Most are engineers, half of them replacing engineers who first joined the company in nuclear energy's early boom years, in the '60s and '70s. The rest are enjoying nuclear's newfound popularity. The jobs range from about $55,000 for college grads to more than $100,000 for experienced engineers. Even tech workers with associate degrees can crack...
...rated as one of the top 100 receivers in the country by Scout.com and had four offers from major Division 1 schools—Nevada, Kansas State, California, and Colorado. Instead, he settled on Harvard after pulling out of his commitment from Colorado with the departure of its previous coach. As a true freshman, Clarke played in eight games as a kickoff and punt return specialist. During his sophomore year, Clarke completely disappeared from the football scene, serving a one-year undisclosed suspension. This year, however, Clarke’s services will be called upon, and Clarke remains intent...
...September 9 column asked, “Does she really think Adams, Eve, Satan, and the dinosaurs mingled on the earth 5,000 years ago?” Matt Damon added to the debate, and an Internet rumor was off and running.However, this rumor is much different than some previous rumors such as Barack Obama being a Muslim or Palin banning books, which the USA Today determined to be false. Unlike book banning or religion which you can verify with library and church records, there is no way to find out what Palin’s beliefs on dinosaurs...
...agreement in 2005, the Indian-American community has organized heavily in order to guarantee its passage. As The New York Times reported in 2006, “Indian-Americans, as well as the Indian government in some cases, have invested heavily in proven political tools that have helped previous immigrant groups break into American politics—hiring lobbyists, organizing fund-raisers and blanketing Capitol Hill with briefings, phone calls and petitions.” Powerful Washington insiders, including a former U.S. ambassador to India, Robert D. Blackwill, and former Indiana Senator Birch Bayh, were retained by the Indian government...