Word: bailouts
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Tighter regulation of pension plans is sorely needed. The U.S. cannot afford another massive bailout program. In addition, as the population ages, U.S. workers will face a growing burden of responsibility to care for the aged. Those hard-earned pensions represent more than precious protection for elderly Americans: they are also assets that the U.S. cannot afford to squander...
...unfair" trade practices for years, ventilating his views most recently in a letter to President Bush and during an Oval Office meeting. Chrysler ad campaigns have repeatedly challenged the reputation for quality that Japanese products have gained with American consumers. So what about the reports of a Mitsubishi bailout? Chairman Lee has been uncharacteristically silent...
...short answer is that the question is based on the false assumption that squeezing the Pentagon will mean more funds for better prenatal care. In fact, the Administration plans to trim defense spending by $44 billion over the next five years. The savings will trickle into the S&L bailout and other fiscal black holes...
...that, instead of closing the bank, regulators in 1988 agreed to let CenTrust float $200 million in bonds to shore it up. B.C.C.I. contributed $25 million of that amount. Bank regulators thus postponed CenTrust's death by more than a year and raised the cost of the eventual bailout by hundreds of millions. In the grand jury investigation in Miami, Abedi's bank stands accused of parking the $25 million temporarily to dress up CenTrust's books for the regulators...
...only company in the U.S. that's unaffected by inflation? People fly into a paroxysm when their postage goes up, and they see it as a sign of inefficiency. I guess a quarter to 29 cents is a lot easier to understand than a $500 billion savings and loan bailout. I am just amazed. Everything else goes up. Postal rates will go up. But people have every right to expect that they ((the rates)) should go up at less than the rate of inflation and relatively infrequently. Certainly this increase in February doesn't reflect that philosophy...