Word: return
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Dates: during 2010-2019
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...rent tenants and replacing them with wealthier new renters - has been a staple of strong real estate markets for years. What was different over the past few years was how widespread this Dickensian business model had become, largely fueled by Wall Street money seeking high rates of return. Another difference was how much the general investing public - through university endowments and pension funds - became party to such morally dubious schemes. Consider it another footnote to the Gilded Age we just passed through. (See pictures of Americans in their homes...
...under the high debt servicing costs. Finance industry watch lists are already full of private-equity-financed deals in danger of default. That has local officials scrambling to find "preservation buyers" who are willing to take on these properties with the expectation of a more modest 7%-8% annual return...
...profound - something he points out at every campaign appearance, as he pledges to be the "41st Senator." Lacking 60 votes, Senate Democrats will be unable to overcome a GOP filibuster of the health care bill - which has passed both the Senate and the House but will have to return to both chambers for final votes once the two versions are reconciled. The only way to avoid another Senate vote, party strategists say, would be for the House to pass the exact version that the Senate approved in December, thus sending the bill directly to Obama...
...regime, while Sunni hard-liners took up arms against the new government. Luring Sunni parties back into politics was one of the cornerstones of the successful realignment of American policy toward Iraq, one that was reinforced by the surge of American forces in Baghdad. It led to a steady return of relative peace and security...
...which has promised to withdraw all its combat troops from Iraq by Aug. 31 and all remaining soldiers by 2011 - has tied the timing and pace of withdrawal to the successful completion of this election. Though it is unlikely that Sunni parties will again boycott the election or return to violent tactics, the parliament's sleight of hand could be a warning that however much the White House and the American public would like to close the tragic book on Operation Iraqi Freedom, a stable and democratic Iraq is far from mission accomplished...