'Subprime' named Word of the Year (AP/CNN)

[eppur_se_muova]

CHICAGO, Illinois (AP) -- Even the American Dialect Society knows how risky home mortgages are these days.

The group of wordsmiths chose "subprime" as 2007's Word of the Year at its annual convention Friday.

"'Subprime' has been around with bankers for awhile, but now everyone is talking about 'subprime,"' said Wayne Glowka, a spokesman for the group and a dean at Reinhardt College in Waleska, Georgia. "It's affecting all kinds of people in all kinds of places."

About 80 members of the organization spent two days debating the merits of runners-up "Facebook," "green," "Googleganger" and "waterboarding" before voting for an adjective that means "a risky or less than ideal loan, mortgage or investment."

The choice signifies the public's concern for a "deepening mortgage crisis," the society said in a statement.
***
more: http://www.cnn.com/2008/LIVING/wayoflife/01/05/word.of.the.year.ap/index.html

So ... why isn't the Word of the Year IMPEACHMENT??

[Coexist]

1. I just found that out - here, read this:

http://blog.aflcio.org/2008/01/07/ponder-this-nations-economy-doesnt-need-another-tax-cut-for-the-wealthy/

Ponder This: Nation’s Economy Doesn’t Need Another Tax Cut for the Wealthy

When the Labor Department’s jobs report revealed on Friday that U.S. unemployment had worsened to 5 percent, two major newspapers ran telling headlines the same day.

The Wall Street Journal:

Bush is mulling a potential economic stimulus package amid worries about a possible recession, the housing slump and rising oil prices.

Bush Exploring Economic Stimulus Package

The Washington Post

<snip>
On his way to the Mideast this week, Bush told Yonit Levi of Israel’s Channel 2 News he has high hopes for his legacy. The American Dialect Society might be able to help define his terms in office. Last week, the organization selected the 2007 “word of the year,” pinpointing an adjective we’ve all become too familiar with in the past months:

Subprime.

[murielm99]

2. And they didn't even consider

ISLAMOFASCIST!

[HCE SuiGeneris]

3. I submit "occupation",

as in the occupation of Iraq and White House