Word: worthing
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...Alan Greenspan, former chairman of the U.S. Federal Reserve, writes: "I was aware that the loosening of mortgage credit terms for subprime borrowers increased financial risk, and that subsidized home-ownership initiatives distort market outcomes. But I believed then, as now, that the benefits of broadened home ownership are worth the risk...
...sauce) Student Life Fund. Because the UC no longer distributes party grants, I must buy (Milwaukee’s Best / Bud Light / Malibu—but with PBR chasers, so it’s totally legit) using my own funds, which are (meager / paltry / as of a week ago, worth only 13 percent of their former value) to say the least...
...bailout bill over the weekend would, in five years time, remove the burden of today’s bank woes from the backs of taxpayers and dump them right back from where they came. If the troubled-securities bought by the Treasury Department aren’t worth what the Treasury paid for them, the president must submit a plan to use new taxes to recover the government’s losses from the finance industry. With so many demanding a pound of flesh from the big banks, lawmakers may just be pushing Wall Street’s medicine five...
...Here is what Administration and congressional leaders must do if they want to convince the public to get behind the next iteration of the plan - assuming, of course, that they come up with a plan worth backing...
...according to some it had cost Washington his life. I was not trying to disparage journalists, my brother least of all, by arguing that they make mistakes. Nor was I asserting the superior accuracy of historians. I was arguing for the importance of reading all texts critically, a point worth stressing in this new information age, when readers tend to think that they have access to unmediated factual knowledge by consulting their computers. ROBERT C. DARNTON ‘60 Cambridge, Mass. September 19, 2008 The writer is the Carl H. Pforzheimer University Professor and Director of the University Library...