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...like Bush's military deployment position, which included the statement "I think the mission has somewhat become fuzzy." The Truster's assessment was "The Subject was uncertain about many things he said." Far too long-winded, methinks. Maybe when they come up with Truster 3.0, it will just borrow a word from Bush and declare the subject "Fuzzy...

Author: /time Magazine | Title: Al and Dubya Take a Shot of Cyber Truth Serum! | 10/18/2000 | See Source »

...making their decision to borrow a bit of Adam's tissue, the Nashes realize that they are exposing themselves to scrutiny--and to criticism. "We're not trying to force our decision on everyone, but we wanted others to know that genetic testing is available," says Lisa Nash, the children's mother. Welcome to the Brave New World, Molly and Adam...

Author: /time Magazine | Title: Designer Baby | 10/16/2000 | See Source »

Paying off the debt now enhances the Treasury's ability to borrow later, when Social Security benefit payments will exceed incoming payroll-tax revenues. A smaller national debt also reduces overall demand for credit, pushing down interest rates. This in turn should stimulate economic growth and create jobs, producing more payroll-tax revenue to keep Social Security healthy. Devoting the savings in interest payments to Social Security should extend the program's solvency from...

Author: /time Magazine | Title: Issues 2000: TIME Issues Briefing: Social Security | 10/9/2000 | See Source »

...additional spending. Furthermore, administrative costs are likely to be far higher than supporters have predicted, resulting in lower returns. Even Feldstein's plan calls for a period of Trust Fund bankruptcy from 2031 to 2052--bankrupting the system six years early. During that period, the government would have to borrow immense sums to fund the benefits without raising the real interest rate above three percent. The plan relies on further increases in returns and additional infusions of corporate tax revenue, but our generation should not have to rely on the aid of the bond market...

Author: By The CRIMSON Staff, | Title: A Secure Social Security Plan | 10/5/2000 | See Source »

Making matters worse, a lot of companies borrow funds to buy back shares, limiting their ability to invest in other opportunities and, increasingly, leveraging up to the point where their debt becomes riskier to the institutions that buy it. More risk requires more reward. So borrowing costs rise. This year Moody's has lowered the debt rating of 29 companies at least partly because of costly new buyback programs. All last year, there were just eight buyback-related downgrades...

Author: /time Magazine | Title: Buyback Baloney | 10/2/2000 | See Source »

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