Word: repayments
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...Treasury gave the trust fund U.S. bonds--a wad of IOUs--and it's unfair to imply, as the commission does, that they have the value of, say, Confederate dollars. What the commissioners left out is that no one believes Uncle Sam will have trouble raising money to repay the bonds. Though the system will inevitably run aground without reform, most experts believe the Treasury will have ample surplus cash to fund retirees at least until 2025 and perhaps as late as 2038. "If someone implies that in 2016 we have to raise taxes, cut spending or borrow more, they...
...driving while black," but there are myriad permutations. Actor Danny Glover held a press conference in 1999 because cabdrivers weren't stopping for him in New York City; some called this "hailing while black." In May the American Civil Liberties Union got the U.S. Drug Enforcement Administration to repay $7,000 it had seized from a black businessman in the Omaha, Neb., airport on the (quite false) theory that it was drug money. The A.C.L.U. called it "flying while black." Dr. Lauren Shaiova, a pain specialist who treats sickle-cell-disease patients at Manhattan's Beth Israel Medical Center, says...
...reluctant to let bad companies fail. In Thailand, Prime Minster Thaksin Shinawatra has been playing the victim card with claims that globalization and international banking standards are the causes of his country's woes. He has cut back on incentives for foreign investors and balked at forcing companies to repay their debts. Late last year, Taiwan's President Chen ordered banks to keep lines of credit open to delinquent debtors, a move that has put a straitjacket on liquidity and dampened investment. Malaysian Prime Minister Mahathir Mohamad clings to a peg that has hugely overvalued the ringgit. "It's going...
...proselytizing critics. Crosby, Giddins says, isn't like all those people you don't like (like Al Jolson); he's like those people you like (Armstrong, Sinatra, Elvis). And, oddly, the argument is just about convincing. Crosby did indeed learn from Louis - a debt he would gleefully repay with dozens of recorded duets, frequent invitations to Armstrong to appear on "Kraft Music Hall" and the securing of star billing for Armstrong in Crosby's 1936 film "Pennies from Heaven" (at the time a rare plum for a black performer...
...exploration in protected areas of Alaska and allowing carcinogenic levels of arsenic to remain in drinking water, the past 100 days have brought a litany of environmental disasters. Bush’s transparent reliance upon big business has forced him to jeopardize the U.S. environment in order to repay their support for his campaign...