Word: bankrupts
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Dates: during 2000-2009
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...gradually stop taking in more money than it pays out, and eventually Social Security’s immense reserves will run out. The exact dates depend on the growth numbers one uses, but Bush likes to say that by 2042, Social Security will be “exhausted and bankrupt.” Bush has somehow connected this anthropomorphized Social Security (government programs cannot file for bankruptcy, nor become exhausted) to the idea that when America adjusts Social Security’s cash flow, part of Social Security should also be privatized. The plan’s publicized, if vaguely...
...opened in December to the rhythm of Brazilian samba bands. Banking on the novelty of being Northern Europe's first indoor tropical getaway - and the Germans' reputation as dedicated beach lovers - Malaysian businessman Colin Au paid $18 million in 2002 for the abandoned hangar after zeppelin maker CargoLifter went bankrupt. He spent $91 million creating the resort, a sparkling lagoon surrounded by thatched huts. Visitors can enjoy the tropical climate - 25-28?C and 60% humidity - 24 Loh and Behold Avant-garde murals and imaginative furnishings characterise a new Singapore hotel Identity Parade An iconic style magazine marks its quarter...
...commerce bureau issued a directive titled "Leading Ningxia's Enterprises to Grasp the Opportunity and Go Out Faster." The document takes into account that leaping into the cutthroat international arena entails certain risks, noting that the vast majority of Ningxia's enterprises that have previously ventured overseas have gone bankrupt, while the remainder "lack talented managers" and "have often been taken in by scams." The commerce bureau reaches a sunny conclusion, however: investment abroad "has a promising future...
...crisis" that must be fixed. "First step," Bush told TIME last month, "is to make sure everybody understands we have a problem." The President last week surrounded himself with citizens ranging from children to an 80-year-old and warned that the Social Security system will be "flat bust, bankrupt" by the time workers in their 20s retire. As early as 2018, Bush said, "you're either going to have to raise the taxes of people or reduce the benefits." At another appearance intended to promote federal standards for testing high school students, Bush went off script to warn...
...seasons of The Apprentice and several endorsement deals (even a fragrance!) cemented the Donald's status as primo financier--even after his casino company went bankrupt last month...