Word: sales
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Dates: during 2000-2009
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Three states - Georgia, Connecticut and Indiana - ban the sale of beer, wine and spirits, while 15 ban only liquor sales. Connecticut is considering repealing its ban because it has been losing revenue to New York, Massachusetts and Rhode Island, three neighboring states that repealed Sunday sales bans in 2003. Texas is also reconsidering Sunday sales bans of liquor, with three bills in the state's Senate, two of them specific to sales along the Texas-Mexico border. "States are seeing Sunday sales as a positive way to raise revenue without raising taxes or cutting valuable programs," says Ben Jenkins, spokesman...
...Indulgences (no relation here to bubble baths or truffles) have been part of Catholic doctrine since the Crusades. When the Church offered them for sale in the 1500s - call it mercy for money - religious reformer Martin Luther protested. These days, they can't be bought. "How does that MasterCard ad go?" muses Sister Mary Ann Walsh, spokeswoman for the U.S. Conference of Catholic Bishops. "Some things are priceless." (See pictures of Pope Benedict XVI visiting...
Finally, the plan bolsters the amount of money allocated to Fannie Mae and Freddie Mac in an effort to keep mortgage rates low and entice new home buyers into the market, since new buyers are what's needed to drive down the number of extra houses for sale. The two agencies, which financed or guaranteed nearly three-quarters of new home loans last year as private players retreated, will be allowed to hold more mortgages on their books and could eventually see additional infusions of cash from selling preferred stock to the Treasury Department - an authority granted in legislation last...
Suddenly everything's on sale--even silver linings. The upside to the downturn is the immense incentive it gives retailers to treat you like a queen for a day. During the flush times, salespeople were surly, waiters snobby, as though their kanpachi tartare with wasabi tobiko might be too good for the likes of you. But now the customer rules, just for showing up. There's more room to stretch out on the flight, even in coach. The malls have that serene aura of undisturbed wilderness, with scarcely a shopper in sight. Every conversation with anyone selling anything...
...revenue, Iraq will have to raise cash elsewhere to maintain roughly the existing level of government spending, which U.S. and Iraqi officials feel is necessary to keep the economy steady. Despite surpluses and positive economic signs, Iraq cannot currently generate cash on capital markets like other countries by the sale of bonds because of hundreds of unsettled claims worth billions of dollars related to Iraq's 1991 invasion of Kuwait. Scores of possible lawsuits by Kuwaitis and Westerners lurk in countries where Iraq might sell bonds, which could be seized by courts deciding cases put forward by plaintiffs allegedly wronged...