Word: nationalizes
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...list after a staggering 133 weeks.) Books by more than a dozen other authors on the Times lists retell the tale of the Obama campaign, evaluate the man or set out his life story. There's no mystery as to why new Obama books keep popping up in the nation's bookstores; at this time of declining book sales, that is one brand that's virtually guaranteed to sell...
...Strata is one of the many so-called toxic assets clogging the nation's financial pathways. What's more, the complicated bond and its ilk are likely to present a significant stumbling block in the government's latest effort to fix our ailing banks. (Read "Why Your Bank is Broke...
...these bonds that the government's aggregator bank will have to deal with first. In a November survey officers at the nation's largest banks said CDOs were among the assets they would most like to sell should the government begin buying troubled bonds...
There are obvious reasons to sustain school districts. Obviously, no one wants to increase class sizes or the number of teachers on the unemployment rolls. But education cuts hurt society in subtler ways as well. They can undermine the long-term prosperity of the nation, denying the America of 10 or 20 years from now the well educated workforce it will need. Harvard economics professors Claudia Godin and Lawrence Katz have estimated that increasing education led to a 0.37-percent rise in productivity among American workers since 1915. Education cuts threaten to stifle this growth and jeopardize American productivity...
...base (although, ironically, he said Saturday he would grant U.S. planes limited use of the base at Quito's discretion). Last year he defaulted on some $3 billion of Ecuador's $10 billion foreign debt, saying the loans had been contracted "immorally and illegitimately" a generation ago when the nation was run by dictators...