Word: borrow
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Well, yes, at some point it does have to start mattering. But one of the great mysteries of modern politics and economics is where exactly that point might be. When the Federal Government runs a deficit, it has to borrow money. It does so by selling Treasury securities, ranging from short-term bills to 30-year bonds, on which it pays interest. This is like you or me borrowing to cover a shortfall or buy a house, with a crucial difference: countries are, in theory at least, immortal. They can keep rolling over their debts indefinitely. The U.S., with...
...Instead, the approach to preventing accidents due to cellphone use should borrow from strategies used to combat drunk driving. Years of propaganda from government agencies and well-meaning non-profits like Mothers Against Drunk Driving have helped dramatically change cultural attitudes about drinking and driving. A National Highway Traffic Safety Administration survey found that only 2.2 percent of nighttime weekend drivers were drunk in 2007, down from 7.5 percent in the 1970s...
After Democratic financier Hassan Nemazee was accused of forging loan documents in order to borrow $74 million from Citibank, he wired the money back. A nice try, but not one that would stave off his arrest. Authorities arrested Nemazee on Aug. 25, shortly before he left on a European vacation. He was charged with bank fraud, released on a $25 million bond and placed under house arrest in his New York City apartment. Nemazee, who raised money for both Hillary Clinton and Barack Obama in the 2008 election, faces a prison sentence of up to 30 years...
...further their cause, gay activists in Asia have had to adapt, as Cui did. They can't just borrow strategies honed during the U.S. civil rights movement as others have done - in countries where democracy is still a work in progress, they have to invent new ones. Instead of confrontational tactics, they work hand in hand with other activists. Pradeep Khadka, human-rights coordinator for the Blue Diamond Society, says that rather than challenging Nepalese society, his group has built alliances within the democracy movement and tried to change attitudes and policies through political persuasion. Even the language...
...behind all that confidence, I figure, must be some hard lessons learned. This is the man who has been taught the main moral of this recession better than anyone else: you can't borrow more than you can afford to repay. His debt is going to be hard to dig out of even if things get better soon. So when I ask how long it will be before he'd even consider getting a loan for more expansion, I expect him to apologize for his recklessness and pledge to become a saver. Instead, he sits up, widens his eyes...