Word: rulings
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...with the creators of the mortgage-based derivatives? Until 10 years ago, getting approved for a mortgage was a pretty good indication that you could afford to make the payments. So for the most part I really don't blame buyers--they were relying on a time-honored financial rule of thumb that mortgage lenders and their Wall Street backers had suddenly decided to throw out the window. I'd blame the lenders, the securitizers, the regulators and Congress first, and buyers probably last. Although I'd still blame 'em a little...
...that MRI studies have cracked open a window on the developing brain, researchers are looking at how the newly detected physiological changes might account for the adolescent behaviors so familiar to parents: emotional outbursts, reckless risk taking and rule breaking, and the impassioned pursuit of sex, drugs and rock 'n' roll. Some experts believe the structural changes seen at adolescence may explain the timing of such major mental illnesses as schizophrenia and bipolar disorder. These diseases typically begin in adolescence and contribute to the high rate of teen suicide. Increasingly, the wild conduct once blamed on "raging hormones" is being...
...election "could be the destruction of America," says Greene, who states categorically that he would not vote for a black candidate. Says the Emperor of the Mississippi White Knights (the group's ritual leader), who asked not to be identified: "Locally, every place that has come under black rule has declined, and has declined sharply." He cited Jackson, Miss., and Washington, D.C., as examples. "Not all black people are particularly bad people," the emperor adds. But leadership, he asserts, "is just not in their character ... it's just not in their ability." The Obama campaign did not return requests...
...rise and fall of Clintonian politics.In 1992, a newly aggressive stance in Democratic campaigning made the party’s future seem rosy. Bill Clinton’s electoral victory had begun to transcend the political map of the post-Civil Rights South. After 12 years of Republican rule and alongside a solidly Democratic Congress, the new administration promised something resembling a new consensus, one that would finally recapture the ideal of an active and charitable government, delivering on healthcare, union rights, and equal pay.Then came Don’t Ask, Don’t Tell and Hillarycare. Then...
...debate prep is given over to mastering another basic rule: never make the rookie's mistake of actually trying to answer the question you are asked. Candidates are told instead to quickly "pivot" into their central campaign message whenever possible...