Word: serious
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...government directly guaranteeing mortgages sidelined, called the new program "a step in the right direction" but also took it to task for not more directly addressing mortgages held in private securities. As Lockhart pointed out, mortgages owned or guaranteed by Fannie and Freddie represent less than 20% of serious delinquencies. Private label securities - those packages of mortgages that were sliced and sold to investors - represent some 60% of serious delinquencies. Lockhart made an appeal for servicers of such securities to "adopt this program as the industry standard," but the extent to which that will happen is questionable, considering that servicers...
Where's the Beef? As a Barack Obama supporter, I was excited to read that your cover promised "Exclusive: Joe Klein Grills Obama" [Nov. 3]. I felt that such a serious turn in reporting was exactly what the country needed. However, the article itself felt barely reheated, let alone grilled. Indeed, Klein refers almost apologetically to an earlier interview in which Obama "grew a bit testy when I pushed him on the need for universal health insurance and a more aggressive global-warming policy." Instead of continuing to push, Klein came off as merely pulling the Obama wagon toward...
Your cover shouted of an "exclusive" grilling of Obama, yet you sadly missed the opportunity to elicit some answers from the Democratic candidate. There was no grilling to be had. For that, Klein might have had to bring up any one of dozens of serious policy, experience and belief questions that might not serve the campaign's narrative. It is indeed sad that the first time Obama is likely to actually feel any grilling is in the boiler room of the Oval Office. Jeffrey C. Kastelic, CRANBERRY TOWNSHIP...
...leanings, the prospect of spending four years trying to lampoon a President whose response to “Boxers or briefs?” is “I don’t answer those humiliating questions,” is not inviting. Making fun of Obama is a serious challenge. He doesn’t mispronounce his words; he shows no excessive interest in interns; he once gave his wife a fist-bump, but it wasn’t a big deal. He spends most of his time being dignified and looking competent, neither of which are immediately hilarious...
...splitting trickle-down economics. Democrats, by contrast, have been a soberer lot. Wilson? Roosevelt? Gore? As the “Green is the New Crimson” address reinforced, a Gore administration wouldn’t have been funny at all. It would just have been deeply concerned about serious issues all the time...