Word: investments
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Dates: during 2000-2009
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...Paso, Texas and make six times as much money on the north side of the border. That’s six times as much food in a baby’s mouth, six times as often that a family can run hot water, and possibly the opportunity to invest. Some say immigrants, especially guest workers, become fourth class citizens. But they are often sub-castes in their own countries, invisible to the oh-so-keen eye of the developed world. Some say it robs developing countries of their skills and talent. But more people bring home skills and know...
...victory alone did not immediately resolve these challenges, he will have the chance to tackle them during his presidency. And if his platform is any indication, he hopes to attack poverty, ignorance, and lack of economic opportunity head-on. Among other measures, he has promised to increase education funding, invest in job-creation programs in disadvantaged neighborhoods, and raise the minimum wage and the Earned Income Tax Credit. While these campaign pledges may be transformed or scaled back in the face of wider recession, they reflect Obama’s understanding of the problems that disproportionately affect minorities...
...After the mess that followed Lehman Brothers, regulators have no interest in seeing another big financial player go belly up. And now the government has a vested interested in not letting that happen. In October the government, as part of the TARP program, invested $25 billion in Citigroup. Treasury Secretary Henry Paulson has said he will do everything to protect that and other taxpayer investments. Paulson agreed to invest more money in AIG to keep that insurance company alive. So there is reason to believe he would do it again with Citi...
...initial $350 in TARP funds that he can spent without having to face a review from Congress. More importantly, the government does not want to end up owning Citigroup. Then taxpayers would be on the hook for all of the bank's debt. So the most the government could invest in Citigroup would be $20 billion, which is the amount equal to what is held by current shareholders. If Citigroup were to issue shares to the government greater than its current value, taxpayers would be left with a more than 50% stake in the company...
...energy production credit to provide green investors with a cash rebate, rather than a tax reduction. With the economy tanking, simple tax credits - which Congress renewed in October and without which the renewable-energy industry would not survive - aren't the lure they once were for companies looking to invest in new energy projects...