Word: dollarization
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Dates: during 2000-2009
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...governing body does insane rituals like the Senate--with its handleless gavel, seersucker-suit day every June and Republican candy desk. It's like Pee-wee's Playhouse with more sex scandals. But nothing is crazier than the fact that every two years, the Senate must break from trillion-dollar bailouts and Iraq-war allocations so that everyone who wants to can switch offices. Each office is allotted by seniority, which is calculated according to a formula that involves number of years in the Senate, previous federal jobs, the size of your state and eight other factors. Obviously, Robert Byrd...
Bailey said that while the Governor’s January budget included a $40 million dollar allotment to the Alliance, the hospital network had been uncertain until now about how much of that funding would materialize...
Bailey said he believes CHA will be able to absorb the remaining $30 million dollar deficit in its 2010 fiscal year budget without further employee or service cuts...
...current crisis gives those arguments new urgency. The downturn has demonstrated how unevenly power is distributed, and how bad that is for all of us. At the World Economic Forum in Davos in January, Manuel warned that billion-dollar bailouts were a distraction from a bigger, supranational task: the creation of truly global regulation to oversee global capitalism. Or as he recently put it to Johannesburg weekly the Financial Mail: "If you were a doctor and your patient had major cardiovascular and lung problems, prescribing an aspirin ... might make him feel better, but would it solve the problem...
However, while Mexicans are normally pleased to celebrate any chance to hit back against the imperialist gringos, there was little popular applause for the latest measures. As the world economy is suffering, the Mexican peso has lost about 40% of its value against the dollar in the past four months. That means higher prices for just about any product imaginable in the supermarkets and stores of Mexico, which imported $151 billion worth of goods from its northern neighbor last year. The new tariffs mean the prices will go up even further. "This will hit poor people, whatever the government says...