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Filmmaker focuses on danger of huge national debt.
COLUMN: IN OUR OPINION; EDITORIAL FOOTNOTE The award for the most improbable film fare at the nation's cineplexes this summer most certainly should go to "I.O.U.S.A." in which documentarian Patrick Creadon focuses his camera on, of all things, the national debt. Improbable as it may...
Buy gold now; how a real estate bust, our bulging national debt, and the languishing dollar will push gold to record highs.
9780470185889 Buy gold now; how a real estate bust, our bulging national debt, and the languishing dollar will push gold to record highs. McGuire, Shayne. John Wiley & Sons 2008 224 pages $34.95 Hardcover ...
Obama: the change that's not.
President Bush has left office amid the greatest economic calamity in several generations, perhaps ever. The federal budget deficit is poised to triple last year's record $400 billion, rising to a projected $1.2 trillion. Trillions too have been added to the national debt by a desperate Bush administration and...
NG outstanding debt rises 10% to P4.18 trillion as of October.
The National Government debt totaled P4.184 trillion in the first 10 months of 2008, 10.16 percent higher than the same period previously of P3.798 trillion. The Bureau of the Treasury (BTr) said month-on-month, NG outstanding debt increased by two percent or by P84 billion from the September...
Huge US deficit spending is tough medicine.
WASHINGTON - It is a painful dilemma. The expected growth of the US government budget deficit to $ 1.2 trillion this year could swamp future generations with a tidal wave of debt. But failure to spend huge piles of money on stimuli could capsize an already foundering economy. ...
Stimulus is too vital to delay.
Byline: GUEST VIEWPOINT By Jack Roberts For The Register-Guard When Bill Clinton took office as president in 1993, his first order of business was a stimulus package offered to boost the economy. Republican senators, led by Bob Dole, circled the wagons and killed the bill, handing Clinton...
Bad economics & medicine.
ITEM: In an article entitled "5 Myths About Our Ailing Health-Care System" in the Washington Post for November 23, 2008, Shannon Brownlee and Ezekiel Emanuel write that the United States lags behind "many developed countries on virtually every health statistic you can name. Life expectancy, at birth? We rank...
SSS, GFIs want sovereign guarantee on 'stimulus' share.
Government social security and financial institutions are asking for sovereign guarantees first before committing to contribute P12.5 billion each to the P300-billion stimulus fund. The four institutions that were asked to commit the amount are the Social Security System (SSS), Government Service Insurance System (GSIS), Land Bank...
The stimulus gap; Rhetoric ignores reality and recent lessons.
COLUMN: IN OUR OPINION As a possible vote nears on the congressional stimulus package, the gap between political rhetoric and economic reality is getting harder to bridge. Sens. Kerry and Kennedy, for example, continue to call for job creation and wise investments - and yet, the $820...
Trillion-dollar deficits.
Byline: The Register-Guard Trillion-dollar deficits are the new normal in Washington, D.C., and neither party seems to mind. The Congressional Budget Office projects a deficit of $1.2 trillion for the current fiscal year, which ends in September and thereby bridges the administrations of Republican George...
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