Word: borrowings
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EVERYONE WAS EXPECTING him to sit and watch from the sidelines. But moments after the Green Bay Packers' first-string receiver separated a shoulder, Max McGee was forced to borrow a teammate's helmet before racing onto the field. The former Air Force pilot made history that day, catching the first touchdown pass in Super Bowl history--leading the Packers to a 35-10 victory over the Kansas City Chiefs in 1967. After 12 seasons, McGee retired, refocusing his energy on Chi-Chi's, the Mexican-restaurant chain he co-founded, which operated throughout the U.S. until 2004. He died...
...trying to demonstrate that it was rampant hypocrisy for Bush to say: 'Ooh that $20 billion in education, health care and sciences is going to unbalance the budget,'" Obey said in a ghoulish tone, shaking his hands for effect. "'But, ooh it's a national necessity to borrow $200 billion for this misbegotten war in Iraq.' Ten times as much money...
...Iowa, and taken on an aura of invincibility that has brought the Democratic power structure into line behind her. One hundred and thirty-six thousand people may have signed Draft Gore petitions, but most Dems seem pleased with their current candidates - and especially with the front-runner. To borrow a phrase from Barack Obama, the Clinton machine is fired up and ready to go, and Gore doesn't relish the idea of being caught beneath its wheels...
...banks in the U.S. and euro zone have pumped cheap cash into money markets to boost liquidity in recent weeks, the Bank of England announced plans to inject almost $30 billion into the U.K. system after the credit squeeze nudged up the rates banks were charging each other to borrow. The longer those rates remain high, the more mortgage providers will be forced to pass on the costs to homeowners, increasing the chances of a consumer spending slowdown and a weakening economy. That prospect - and the dramatic half percentage point cut to 4.75% by the U.S. Federal Reserve...
...This is not the first time a Harvard president has made graduate school financial aid a priority. Under former president Lawrence H. Summers, Harvard organized a University-wide lending program through Citibank, allowing all graduate students to borrow money at discounted interest rates, Summers said yesterday in a phone interview...