Word: systemic
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...seems especially cruel to push foreclosures because no one wants people to lose their homes. But, at some point, the system must take into account the fact that many of these people cannot afford their houses. The irony of allowing current owners to stay where they are is that they will never really "own" a home. They will remain in houses where they are very unlikely to be able to pay off the principle. These residences will not be released into a market where prices continue to drop very rapidly because there are no government programs to keep the housing...
Magliozzi has since focused on expanding FinalsClub.org’s popularity and versatility by developing projects such as a messaging system, a Facebook application and an equation editor for math and science courses...
...incredibly stupid on Burris' part not to be completely forthcoming. This doesn't fly," said Kent Redfield, a political science professor at the University of Illinois at Springfield. "They may not have asked him the right questions, but he had an obligation to restore people's faith in the system. If there's bad news, you can contain it, deal with it. Now he's created a situation where people are wondering: when are you telling the truth...
...penny, adding 12 cents to the gasoline tax and raising the car-license fee (something Schwarzenegger had campaigned against in 2003). Cuts include $8.6 billion from K-12 classrooms, which probably would force schools to pink-slip teachers and increase classroom sizes; a 10% cut to the university system; a continuation of the two-days-a-month furlough of state workers that recently closed state offices, including the Department of Motor Vehicles; and several billion in cuts to social welfare and programs for the elderly, sick and poor. Republican leaders insisted on a $1 billion tax break for large corporations...
...budget process dependent on political suicide is not a good system. The other alternative is for the Republican Party to stand firm on its no-tax pledge and solve the crisis by only cuts and shutdowns. George Skelton of the Los Angeles Times recently pointed out that the no-tax solution offers two dire options: fire all the state workers and shut down the University of California and the state colleges, or eliminate all state money for health care and social services - all the monies that help the blind and disabled, aged, homebound, poor, mentally ill, those on welfare, those...