Word: sharping
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...current financial crisis is the result of house owners who defaulted on their bond repayments. The obvious reason for this is flatly ignored. The sharp increase in crude-oil prices shortly before the financial crises sucked cash directly from the pockets of the consumers, which then forced them to default on their bond payments. Strong action is taken against cartels in business worldwide, but not against OPEC. It seems to be untouchable. The OPEC members are probably using all the cash sucked from the consumers to buy up stocks of companies in the industrialized world at half price. Unless...
...measure of how volatile investors reckon markets will be in the short term, the sharp sell-offs seen in recent months have sent the VIX to its eye-popping highs. The index is calculated from the price of options - a deal to buy or sell an asset at a fixed price and time - linked to the S&P 500. As the value of that index plummets - the leading benchmark of U.S. stocks has lost about a third of its value this year - investors are scrambling to pick up options in order to hedge against those losses. That, in turn, drives...
Forget the jokes about sagging workbelts, dirty t-shirts and plungers - the day of the savvy, politically inquisitive plumber is now at hand. Much has already been said of Joe the Plumber's sharp ascent into the public eye over the past two days. Since the airing of the final presidential debate between Senators John McCain and Barack Obama on Oct. 15, reporters have discovered the following about Joe Wurzelbacher, 34, of Holland, Ohio: He owes some taxes, apparently is working toward his plumbing license - though he has worked in the industry for more than a decade - and he voted...
...standards. As a result, states with relatively easy proficiency tests, such as Wisconsin or Mississippi, had few schools that failed to meet testing standards. States that were hardest hit were those with difficult proficiency tests, like South Carolina, where 83 percent of schools failed to meet their targets. The sharp disparity provides further proof that a nationwide benchmark of total proficiency by 2014 is an unworkable deadline. Beyond the inconsistencies and idiocies of the testing regime, schools are also having a hard time reaching mandated proficiency standards because No Child Left Behind still suffers from severe underfunding. While it?...
...James ossuary are fiercely partisan, written by debunkers or true believers. But Burleigh keeps her balance, and her humor, as she sifts - far more diligently than many archaeologists - through the evidence. She also has unprecedented access to all the major players in the James ossuary debate: dogged police detectives, sharp-witted antiquarians, Bible-besotted collectors and suspected forgers of near genius...