Word: baile
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...institutions the government is bailing out are failing because of their greed and corruption. I and millions like me face the possibility of losing our homes because of this greed and corruption. Is the government going to bail us out? No. Many of us have tried making a living by starting our own businesses. Many of us failed. Will the government bail us out? No. This is not a question of liberal vs. conservative but of right vs. wrong. The failing institutions should be allowed to go down, just as any small business would have to do. Nicholas Gamba, Neptune...
...larger amounts of U.S. debt. If their economy hits the brakes, Chinese will buy fewer GM cars, Chinese steelmakers will use less U.S. iron ore, and Beijing may want to use its cash reserves for other purposes, including investment at home to stimulate its own economy rather than to bail out the U.S. Treasury...
...catastrophe co-opts people's fear? That's the predicament greens find themselves in now, with what is potentially the worst financial crisis since the Great Depression scaring Americans out of their wits. With the tanking economy dominating the news, and the government willing to virtually bankrupt itself to bail out the financial sector, it could be hard to push the climate change agenda - and possibly hard to find any money left to support it. "If this crisis consumes all of our attention, it might definitely impact the speed at which [global warming] legislation could be passed," says Wiley Barbour...
...Germany's refusal to sign on to a Continent-wide bailout plan was no less necessary, says Schmidt. Such a plan would have triggered a backlash in Germany against the E.U., egged on by the ready arguments of the anti-Europe German press that Germans were paying to bail out other Europeans, he says. "It would have destroyed the idea of European integration," he says...
...Sunday, the national governments in the 27-member E.U., including the 15 that use the euro currency, all seemed concerned first and foremost with the conditions of their own imperiled banks. Nowhere more than in Germany, where the Finance Ministry enjoined German banks to double their commitments to bail out troubled mortgage giant Hypo Real Estate AG. A rescue deal that was hailed last week at a total cost of $48 billion had crumbled; now it is pegged at a minimum $69 billion, $21 billion of that from state coffers. Some analysts voiced concerns that even that might...