Word: debts
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Margaret Atwood has worn many literary hats - novelist, poet, essayist, critic, historian - but now she has added another one: orator. Her latest book, Payback: Debt as Metaphor and the Shadow Side of Wealth, isn't just her first nonfiction book not about literature; it's also a series of speeches. Atwood has turned Payback into a Canadian Broadcast Corporation Massey Lecture Series, in which she explores debt as a cultural construct, from favor-trading in chimpanzee societies to, well, favor-trading among the Corleone clan in Francis Ford Coppola's The Godfather. This is not a book about...
...Fernández has defended the move, saying retirement savings are safer in state hands, while private economists see it as a clumsy attempt to salvage the country's finances in the face of large foreign debt payments that fall...
...someone like Barack Obama who champions the common-sense values we try so hard to instill in our youth, a politician who is yet to be jaded or corrupted by the political process. He needs someone who won’t allow him to inherit a nation burdened by debt or a world depleted by global warming. Yousef needs someone like Barack Obama to convince him that the promise of “liberty and justice for all”—that promise his class recites every morning—is one America intends to keep...
...woman of extraordinary accomplishment, strength and humility. She was the person who encouraged and allowed us to take chances. She was proud of her grandchildren and great-grandchildren and left this world with the knowledge that her impact on all of us was meaningful and enduring. Our debt to her is beyond measure...
Retailers could well be fighting over less. Almost 60% of consumers expect to reduce their spending this Christmas according to Deloitte's annual holiday survey, with 11% reporting that they're still paying off holiday debt from last year. Shoppers indicated they would purchase a lot fewer gifts this year - 21.5 presents on average compared with 23.1 last year. Almost seven in 10 said they intend to change their shopping behavior because of the economy; 81% say they plan to buy more sale items. "Over the last few holiday seasons consumers would buy for themselves too as they shopped...