Word: america
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...raise tens of billions of extra dollars on the one side and Congressmen who say that they will not provide more TARP money on the other. With insurance companies now begging for dollars as well, there is not going to be enough bailout money to go around. Bank of America (BAC), which one analyst said would have to raise $36.6 billion, has dropped from $7.77 to $6.91 in five trading days. No one could figure out where that money would come from...
...first few companies that have announced earnings have done no better than their gloomy forecasts said that they would. Berkshire Hathaway (BRK) lost its Triple-A rating as GE (GE) did just a few weeks ago. The period of the Fort Knox balance sheet is over in America. As of the Berkshire news, all corporate debt officially carries risk...
...know, but mostly I feel like I'm pretty much myself all the time, I think.") She talks evenly in her husky voice about how, like Job, she's set up for trying to be good, then does a spot-on impression of a contestant on America's Next Top Model...
...truly appreciate the nonpartisan tone Kurt Andersen took in his essay "The End of Excess" [April 6]. I say this not because I think America should become nonpartisan but because being a partisan nation has and will continue to make us the greatest nation on the planet. At the end of the day, we need to realize that the only thing we are entitled to is a chance. Ryan Hanson, RHINELANDER...
There have been many words said recently about the state of America, but I have not read anything as concise and as truthful as "The End of Excess." Andersen's analogy--likening the U.S. to a substance abuser who must acknowledge his problem and enter rehabilitation--perfectly captured our situation. Anna Riley-Pate, LEXINGTON...