Word: bankes
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Dates: during 2000-2009
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...Troubled Assets Relief Program (TARP) lacked transparency, the Senate voted 52-42 to release the remaining bailout funds. The same day, House Democrats unveiled an even larger stimulus plan that would funnel money to local governments, fund infrastructure development and provide middle-class tax cuts. Britain, meanwhile, announced a bank-bailout plan as the European Commission predicted the loss of 3.5 million jobs in the European Union...
...experience of the Gaza pullout convinced even some of the most ardent peace activists that turning over full control of the West Bank to the Palestinians could be dangerous. With land for peace discredited, the Israeli public turned to deterrence, using the strongest army in the region to crush opponents. Once Palestinians realize that they cannot defeat Israel - the thinking goes - Israel's other adversaries will...
...find it in a terrible state. He had to sell off land to make repairs, since eight years away had "despoiled my buildings but also deranged my private affairs." Truman, who had only modest savings and $112.56 a month from his Army pension, had to take out a bank loan in his last couple of weeks in office and could barely afford the stamps to answer all the letters that came in. It wasn't until 1958 that Congress got around to actually voting for a presidential pension and allowance to cover overhead...
Claim Your House as a Home Office Geithner spent the past few years as head of the Federal Reserve Bank of New York and made nearly $398,000 in 2007. Hook estimates that before deductions Geithner could owe as much as $130,000 in federal and state taxes for 2008, assuming his income last year was the same. On top of that, he will owe nearly $19,000 in property taxes on his 3½-bedroom home in Larchmont, N.Y. - an upscale suburb north of Manhattan - where he lives with his wife and two children...
...Geithner certainly has an office at his Fed job, he can't claim his home as a place of business. But if he telecommuted, he could write off a portion of the cost of his computer and other gear needed to run the largest branch of our nation's bank from home. To get the deduction, though, Geithner, on the basis of his salary, would have had to spend at least $8,000 on home office equipment. But that shouldn't be too tough. If you are the head of the New York Fed, a 73-in. high-definition television...