Word: saying
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...Boise's cottage-filled North End neighborhood in 1994. The Judges, members of that rare breed of Americans who stash a decent slug of income in savings, put down $50,000 and mortgaged the rest. A couple of years ago, they paid off the loan. "Friends used to say, you can cash out your equity and do so much stuff. You could travel," says Michael. "Well, instead of getting the four-wheelers and the boat, we paid off our house...
...easy. A smattering of opportunistic buyers - while a good start - doesn't unlock an entire market. Thanks to falling home prices, some 20% of mortgage holders nationwide owe more than their house is worth. Many of them are trapped, unable to move - to resettle in Boise, say, and buy the Judges' old house...
...last few things - dishes, plants - in her three-bedroom house in Star, a Boise exurb of a few thousand people. When the Lupos' 7-year-old daughter was asked by a neighborhood friend why her family didn't have enough money to pay for its house, she couldn't say. The answer: her father's income from selling cars kept dropping just as her mother's medical-transcription company started losing business to electronic record-keeping. Among the expenses cut from the family budget was health insurance...
...Avant-Garde dance had little to do with symbolism. "You see a chair strapped on my back," Merce Cunningham, the American modernist choreographer who died on July 26 at 90, mused to TIME in 1960. "Can't we just say, 'How strange'?" Nary an envelope went unpushed during his nearly seven decades of creating and performing dance masterpieces...
...figuring out how to compensate victims of the Sept. 11 attacks, is now hard at work - as a "special master" appointed by the Treasury Secretary - figuring out how to compensate employees of corporations bailed out by taxpayers since last fall. The House and Senate are crafting legislation that includes "say on pay" shareholder votes on executive-comp packages and (in the House version) calls for regulators to vet incentive pay at financial firms on an ongoing basis. The Securities and Exchange Commission is for the first time attempting to claw back pay from an executive not because he did something...