Word: rising
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Edward Gramlich, a former Federal Reserve Board member now at the Urban Institute, says Congress should sic bank examiners on subprime lenders and ban certain kinds of loans--especially those involving balloon payments. But Gramlich, author of the forthcoming The Rise and Fall of the Subprime Mortgage Market, also sees benefits in the subprime boom. "There seem to be more gainers than losers, and unless the losers lose a lot more per household, the net gains would seem to outpace the losses," he wrote in February. So, yes, things may have gotten out of hand. But neither should we clamor...
...Rise of the Religious Left": Why was there no mention of John Edwards? Edwards has made eliminating poverty and helping working families his top priorities. He was director of the Center on Poverty, Work and Opportunity at the University of North Carolina and has established One Corps to organize grass-roots efforts to help the needy. While Hillary Clinton and Barack Obama frequently mention their faith, Edwards is quietly living...
...somebody is going to carry on a sophisticated conversation with me, I would rather know what they're talking about than look like a moron or fight my way through it," she says. The class has "gotten a lot of positive feedback," she adds. "It's going to really rise in popularity...
First Amendment sentinels like Wendy Kaminer, a lawyer and the author of Sleeping with Extra-Terrestrials: The Rise of Irrationalism and the Perils of Piety, fear that given America's overwhelmingly Christian cast, even neutral Bible instruction would amount to preferencing. "If you teach the Bible outside of close conjunction with other religions," she says, "then it becomes a kind of promotion of the majority faith. It becomes too hard for most folks to draw the line between teaching and preaching." Yet the American Jewish Congress's Stern, who has participated in Supreme Court establishment-clause-violation cases, sees Bible...
...cost of living at and attending Harvard College will rise by 4.5 percent this year, but an increase in financial aid is expected to outpace the hike, University officials said yesterday...