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...government can no longer afford to pay for the buttressing or the electorate turns against the deficit that the spending programs build. The Administration's plan, which has been so heatedly debated, to save 3 million to 3.5 million jobs, will only be an elaborate trestle with its base set on limestone...
...recession has gone on so long and has been so crippling that the eyes of the wishful begin to play tricks. A small piece of economic information, like one month of very modestly improved housing numbers or one week of a slight decrease in jobless claims, sets off a chain reaction. If one set of numbers is OK, the next set will be better. Real estate prices will stop falling everywhere, if they stop falling in hard hit Nevada. (See pictures of Las Vegas...
...producers have already suffered tight margins for the past two years, according to Ward and Iverson. The price of feed skyrocketed amid a rally in the prices of agricultural products, up until the recent slump in demand for pork. For example, soybeans recently set their seven-month high in futures trading on the Chicago Board of Trade...
...Luong Xuan Doan, deputy director of the Culture and Art Department at the Communist Party's Commission for Education and Communications, says it is time to set up a panel of experts and once and for all identify which works are copies and which are originals. "Displaying reproductions was acceptable during wartime," says Doan. "But the war has been over for 30 years...
...replace Katawal with the more pliable Lieut. Gen. Kul Bahadur Khadka. However, the Maoists' leftist allies in the legislature disagreed with the decision and, on Sunday, the Communist Party of Nepal and the Sadbhavana Party withdrew support from the government. Prachanda had two choices then: to attempt to set up an autocracy or to follow democratic principles. Prachanda announced his decision the next day: "I have resigned from the post of prime minister from today for the protection of democracy and peace...