Word: worthing
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Investing isn't so much buying a stock or a bond or a house, it's about buying into the belief that an asset you purchase for 10 bucks today will be worth more than that sometime in the future. Never mind that the future is generally being promoted by the seller, the way religions pitch their paths to an afterlife. You gotta believe! In investing we fall for it over and over because sometimes it actually works. Stocks do go up. Housing can be an O.K. investment over the long haul...
...this time we've been fed not one, but a series of promises that aren't worth the subprime paper they were printed on. First, there's the one about the price of real estate never going down. It got repeated so often that even banks and mortgage lenders who should have known better started to drink their own Kool-Aid and lowered their lending standards. It was a mantra compounded by the hard sell that real estate agents used all over the country: Get in now, because it's going to be more expensive tomorrow. Hope you weren...
...care for the disaster victims, more attention still needs to be paid to these devastating natural events—not only here in the United States, but amongst our Caribbean neighbors as well. In Haiti, 800,000 people require immediate aid, while infrastructure has suffered an estimated $4 billion worth of damage from Hurricane Ike alone. In light of the magnitude of these numbers, the additional offer of a mere $9.5 million by USAID to hurricane relief in the island nations rings hollow. Americans, so preoccupied by the fear of damage to New Orleans yet again, sadly seem to have...
...issue of who comes from slave ancestry and who comes from free families is rarely discussed, although sometimes these histories dictate modern social niches. While this “culture of silence” is not absolute, it is powerful. For example, a detailed search through almost 50 years worth of undergraduate theses and dissertation titles in the history department at the University of Ghana at Legon yields only a handful of major academic papers that addressed enslavement...
...larger point is that opposing earmarks is not the same thing as shrinking government or balancing budgets or getting the economy going again. President Bush opposes earmarks too, but spending and deficits have soared on his watch. McCain was right to fight the Bridge to Nowhere, but it's worth keeping in mind that when Palin finally gave up on it, the money didn't go back to the Treasury - it stayed in Alaska to be used for a different project. Most pork, even egregious pork, doesn't go Nowhere...