Word: aided
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...After years of poor management or bad luck, GM and Chrysler have reached the point where they are not viable as independent companies. They need U.S. aid whether they remain "solvent" or have to get court protection. Almost every American has seen that news on TV or read about it in the paper. It will be hard to imagine what consumers will think when they find out that a company which was the largest corporation in the U.S. for years is bankrupt. It is like finding out that the telephone company has gone out of business. (Perhaps people actually...
...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...
Socioeconomic diversity: record high percentage of class on financial aid (the economy. period...
...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...