Word: aid
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Dates: during 2000-2009
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...Administration is already suggesting that its stimulus package, aid to banks, and budget will stretch the Treasury to raise hundreds of billions of dollars to cover a deficit that will be well over one trillion dollars in the next federal fiscal year. Bringing in that money is already projected to raise interest rates on Treasuries. That will ripple out to business and consumer loans including mortgages. The idea the rates will fall further is bogus...
...success of Citi's dealmakers comes as a surprise because the sprawling bank has generated nothing but frightening headlines in recent months. Like the other big banks, Citi received billions in aid from the government, and has been back to the government's well more often than most. Last month, the Treasury, along with private investors, agreed to convert some of their Citigroup preferred shares into common stock, which will strengthen the company's capital position. All told, the government has injected $45 billion into Citi by buying preferred shares; it has also insured the bank against losses...
...rushing to judgment. Robert Grenier, a former CIA station chief in Pakistan, says "this is a very complicated, very nuanced situation." Grenier, now with the security firm Kroll Associates, explains that the ISI operatives who have links to "people we regard as enemies are not so much trying to aid them against America as preparing for a future when Americans and NATO are no longer in Afghanistan." In such a future, "the Pakistanis would be reluctant to concede the field to people whom they regard as enemies, like elements of the Northern Alliance and the Indians." (See pictures of Pakistan...
More remarkable than the report itself was its timing: the Obama Administration is about to announce the conclusion of a comprehensive review of Afghanistan policy, and Congress is discussing massive new aid - worth $1.5 billion a year for five years - for Pakistan. For U.S. officials - a group that provided a substantial part of the Times's sourcing for its story - to drop their long reticence on the subject of the ISI's duplicity at this particular juncture suggests, to some observers, an effort to put some pressure on Islamabad. "It seems like a prelude to a new strategy, which...
...Obama's budget resolution, which is more of a blueprint for future spending than any kind of binding legislation. But the Administration put its best spin on the differences, arguing that Congress's offerings retained the commitment to the President's four "core principles" - universal health care, expanded education aid, renewable-energy investments and regulation of greenhouse gases, and provisions to halve the deficit in five years...