Word: resetting
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...Given that Hillary Clinton has been all over him for appearing to agree to bilateral talks with dictators too quickly and for making noises about invading Pakistan to go after al-Qaeda, Obama's pronouncements are an attempt to reset the table on foreign policy...
...REAL ESTATE, NEXT YEAR COULD BE EVEN worse if interest rates don't fall. In 2008, some $680 billion worth of adjustable-rate mortgages are due to reset, according to Bank of America. That's $165 billion more than this year, and of those loans that are likely to carry higher rates, nearly three-quarters are subprime. Since many adjustable mortgages change rates after two or three years, the loans due for reset would have been written in 2005 and 2006, the years underwriting standards were bent the most. "It's clear that the performance of loans will be worse...
...tracks real estate and home loans, a typical subprime first mortgage that was originated in 2004 to 2006 will face a monthly increase of $407, and a typical teaser-rate loan, the type often sold to people based on their ability to pay the introductory rate and not the reset, will see monthly payments jump...
Most cell phone owners think simply removing a phone's SIM card removes personal information, but the phone's internal memory, even communication exchanged between the phone and its server, remain. Phone manuals detail how to perform multiple reset commands to erase personal information and some online recycling phone services offer command sets for specific phones, but most people never bother to go through the tedious process, Mislan says. For example, child predators who stalk "moblogs" - the cell phone equivalent of web blogs that are popular with young phone users - may believe they have deleted text messages and postings...
...global benevolent despot, you'd say this is all to the good," Barbera notes. But if you are stuck with an ARM that's about to reset or have been relying on home-equity loans to make ends meet, you may be in trouble. And if you work for a business like Home Depot that depends on consumer spending, you may be in trouble...