Word: debts
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Writing in the Washington Post that the new health care plan will increase U.S. debt and necessitate a national sales tax as high as those found in European nations...
...need to push back against language in the debate that tends to paint undocumented immigrants as guilty of anything but attempting to improve their lot. As [Senator Lindsey] Graham and [Senator Charles] Schumer wrote ... undocumented immigrants 'would be required to admit they broke the law and to pay their debt to society.' There's another case to be made: we owe a debt to them...
...corporate America, but more importantly, to make our country a better place." Countrywide and others made mortgages available to anyone with a pulse, aided and abetted by Wall Street, which created the market for exotic mortgage derivatives. By 2008, "banks and investors had plied the average American with mortgage debt on such speculative and unthinking terms that not just America's economy but the world's economy ultimately capsized...
Meanwhile, Brown's new spin-off will absorb Motorola's $3 billion in debt. But the split also means his charge will be able to keep the strong cash flow. "We will reinvest some of that money in expanded innovation, and we can consider ways to grow the firm organically or potentially through acquisitions," Brown says. "It will also be easier to attract world-class talent to a world-class firm rather than one in transition." Perhaps two heads will prove, after all, to be better than...
History has taught Greeks to be skeptical of promises of rescue by foreign powers, and the trail of failed plans to help Greece deal with its mountain of debt over the past few months has done little to assuage those fears. So despite the news Sunday, April 11, of a European bailout-loan offer worth some $40 billion, with the possibility of $20 billion more from the International Monetary Fund (IMF), Greeks are growing increasingly pessimistic about their future. (See pictures of the global financial crisis...