Word: commissioners
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Perhaps the worst part, however, is that deficits have risen the fastest in the euro-zone group, which requires members to limit their budget shortfalls to 3% of GDP. Many of these countries began exceeding that threshold before the financial crisis began and then went well above it after the...
How ugly? Greece is already scrambling to lower its deficit of nearly 13% to the E.U. ceiling of 3% by the end of 2012 under a European Commission plan to be endorsed on Wednesday. Spain is similarly promising to slash its deficit of 11.4% to just 3% by 2013, although...
Thomas Jefferson, one of America’s most widely read forefathers wrote, “The best government is the government that governs least.” What Jefferson intended was for a system of self-regulating government. The financial crises on Wall Street and Main Street in late...
An election commission barred some 500 candidates from Iraq's parliamentary elections in March, acting on a list compiled by another panel that cited alleged ties to the outlawed Baath Party once led by Saddam Hussein. The move threatened to spark sectarian strife by angering members of the country's...
Ironically, it was one of residency restrictions' fiercest proponents who helped push the softer Miami-Dade law through the county commission. Ron Book, a powerful Florida lobbyist, began his crusade for tougher residency laws after discovering that his daughter was molested by a nanny for years. Now, realizing that homelessness...