Word: streets
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Dates: during 2010-2019
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...modification must pass). A recent Bank of America Merrill Lynch study of loan modifications at IndyMac, which provided the template for broader modification efforts, found that about 20% of subprime loans had been rewritten, while fewer than 8% of option ARMs got reloaded. (See pictures of TIME's Wall Street covers...
...October, the process had dragged on for the better part of a year, and the public mood had grown bitter. According to an NBC/Wall Street Journal poll, the percentage of Americans who said Obama had done a "very good" job of "achieving his goals" was less than half the level of January 2009, and significantly fewer people believed he was successfully "changing business as usual in Washington." (See the top 10 political defections...
...Republicans have used this rising disgust with government not just to cripple health care reform but also to derail other Obama initiatives. In a memo to clients on how to defeat new regulation of Wall Street, Republican pollster Frank Luntz urged them to attack "lobbyist loopholes" - items that were put into the financial-reform bill, as in the health care bill, largely to attract enough Democratic votes to break the GOP filibuster. Needing 60 votes has made the debate over every bill on Obama's agenda longer and uglier, which is exactly how the Republicans want...
...That's why no Wall Street moneyman in his right mind would finance a new reactor. But President Obama has located an alternative financier: you. On Tuesday he announced an $8.33 billion loan guarantee for the new Vogtle reactors, the first step in the Administration's push to jump-start the nuclear construction industry. Obama also urged Congress to set aside political differences and triple the budget for nuclear loan guarantees. "On an issue that affects our economy, our security, and the future of our planet, we can't keep on being mired in the same old stale debates between...
...designed the Constitution to maximize individual liberty and free enterprise. Speaker after speaker commended the volume, a favorite of Glenn Beck's, and though it is far from Skousen's most extreme statement, with Skousen, even the mild stuff is controversial. A proponent of the idea that Wall Street bankers are plotting to replace the Constitution with a new world order, Skousen roamed so far beyond the fringe that his own Mormon church distanced itself from his work and the thoroughly conservative magazine National Review described him as an "all-around nutjob...