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2000s energy crisis Top 8 Facts
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The Auto Industry Bailouts: Obama, Financial Crisis and Car Sales in the United States (2009-2010)
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, each of the "Big Three" U.S. automakers -
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The American Auto Industry and Taking Control of Our Energy Future (2012)
http://thefilmarchive.org/
March 3, 2012
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008
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Was the Auto Industry Bailout a Good Idea? Federal Aid - The Emergency Financial Bailout (2008)
The automotive industry crisis of 2008--2010 was a part of a global financial downturn. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry. The downturn also affected Canada by virtue of the Automotive Products Trade Agreement.[1]
The automotive industry was weakened by a substantial increase in the prices of
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2009 Auto Bailout: Financial State of the Industry - Cost, Payback (2012)
Beginning in the later half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in the years of 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, two of the "Big Three" U.S. a
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Development of Hybrid System for Mid-Size Sedan
The energy crisis and rising gas price in the 2000s led to a growing popularity of hybrid vehicles.
For more details access: http://video.sae.org/event/
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Codename: ICEMAN (1989)
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead designer was Jim Walls, who also created several Police Quest games.[1] Mention of a "Codename: PHOENIX" in Sierra promotional material suggests that ICEMAN was meant to be the first part of a Codename series, but disappointing sales ended the
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Energy crisis
An energy crisis is any great bottleneck (or price rise) in the supply of energy resources to an economy. In popular literature though, it often refers to one of the energy sources used at a certain time and place, particularly those that supply national electricity grids or serve as fuel for vehicles. There has been an enormous increase in the global demand for energy in recent years as a result
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Codename: ICEMAN - Love Theme/Morning [MUSIC]
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead designer was Jim Walls, who also created several Police Quest games.[1] Mention of a "Codename: PHOENIX" in Sierra promotional material suggests that ICEMAN was meant to be the first part of a Codename series, but disappointing sales ended the
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Codename: ICEMAN (1989) Ending
Oh boy, I finally managed to finish this game, and I have realized that everything that has been said is true, it has so many flaws, the submarine simulation is awful, not fun at all, the decoding copy protection thing was fun to do, but one time was enough, as it kept getting repetitive. And there's little adventure gaming in it, just the introduction and the finale, which are OK and fun but too
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Former Governor Gray Davis on education, the economy & the skills gap
http://www.caeconomy.org
California's economy, in the late 1990's and early 2000's, was riding on a wave of success, thanks in part to the dot com boom. In 2000 the unemployment rate was 4.9 percent. Although it spiked to 6.8 percent in 2003, jobs were still available and folks were filling them mainly because people entering the workforce had the skillsets to match the jobs.
Gray Davis was gov
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Does Greek's Debt Crisis Compare To Anything In History?
Greece is up a debt creek without a monetary paddle, and it's got the rest of Europe sweating. What can we learn from other sovereign defaults?
Follow Kate Grumke: http://www.twitter.com/kgrumke
See more at http://www.newsy.com
Transcript:
As Greece wanders closer to a default on its debt and a potential exit from the Eurozone, the economic future for the country and the continent seems uncerta
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Spain, a country rich in renewable resources
Knowing the country’s potential in different technologies, such as wind and photovoltaic, the Spanish government promoted their installation through several incentives and subsidies since the beginning of the 2000s. When the economic crisis hit the EU all these incentives gradually disappeared due to the decrease on energy consumption, which also denoted the system overcapacity due to the lack of
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1950s vs. 2000s - A Comparison of Gender Roles, Family Life, and Social Life
Transcript:
The 1950's. Known for its greaser styles, doo-wop music, and breakthrough advertising techniques, the 50's have remained memorable decades after its passing. Its styles and morals have continued to be an inspiration and find admiration even in today's life.
The 2000's. Technicolor, Technological, Techno-you-name-it. The 2000s completely re-mastered modern living. iPhones, emails, Jason
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Chris Brown - Say Goodbye
Chris Brown's official music video for 'Say Goodbye'. Click to listen to Chris Brown on Spotify: http://smarturl.it/ChrisBSpot?IQid=CBSG
As featured on Chris Brown. Click to buy the track or album via iTunes: http://smarturl.it/CBCBiTunes?IQid=CBSG
Google Play: http://smarturl.it/CBSGplay?IQid=CBSG
Amazon: http://smarturl.it/CBCBamz?IQid=CBSG
More from Chris Brown
Turn Up The Music: https://yout
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Financial Markets and the Economy: Energy Prices, Consumer Confidence - Alan Greenspan (2001)
In March 2008, Greenspan wrote an article for the Financial Times' Economists' Forum in which he said that the 2008-financial crisis in the United States is likely to be judged as the most wrenching since the end of World War II. In it he argued: "We will never be able to anticipate all discontinuities in financial markets." He concluded: "It is important, indeed crucial, that any reforms in, and
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First 2008 Presidential Debate Summary And Highlights You Decide Who Have The Edge And Who Will You Vote For ?
http://www.Uvote08.com Win $500 Tell us Who will you vote for
John Sidney McCain III (born August 29, 1936) is the senior United States Senator from Arizona and presidential nominee of the Republican Party in the 2008 presidential election.
McCain graduated from the U.S. Naval Academy in 1958. He became a naval aviator, flying ground-attack aircraft from aircraft carriers. During the Vietna
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Ethanol Report / Stone Phillips MSNBC Dateline Anchor
This report aired Dateline Sunday, May 7, 2006 of an interview with Vinod Khosla,
-------------------------
born 28 January 1955) is an Indian-born American venture capitalist and an influential personality in Silicon Valley.
Khosla was one of the co-founders of Sun Microsystems, where he would serve as its first CEO & Chairman in the early 1980s. In 1986, he became a general partner of the
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Jordin Sparks, Chris Brown - No Air (Official Video) ft. Chris Brown
Jordin Sparks' official music video for 'No Air' ft. Chris Brown. Click to listen to Jordin Sparks on Spotify: http://smarturl.it/JordinSSpotify?IQid=JordinSNA
As featured on Jordin Sparks. Click to buy the track or album via
iTunes: http://smarturl.it/JSAlbum?IQid=JordinSNA
Google Play: http://smarturl.it/NAGPlay?IQid=JordinSNA
Amazon: http://smarturl.it/JordinSAmazon?IQid=JordinSNA
More From J
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Nice Christmas Decorations in Europe
Free video about Christmas decoration. This free video was created for you by http://epsos.de and can be used for free under the creative commons license with the attribution of epSos.de as the original author of this Christmas decoration video.
Thank you for supporting the creative commons movement !!
Christmas decoration or Christmas decorations is the optical design inside and outside of clos
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Laissez-Faire Capitalism Is Over: Nicolas Sarkozy on the Global Financial Crisis (2008)
Nicolas Sarkozy, born Nicolas Paul Stéphane Sarközy de Nagy-Bocsa; 28 January 1955) is a French politician who served as the President of France and Co-prince of Andorra from 16 May 2007 until 15 May 2012.
Before his presidency, he was the leader of the Union for a Popular Movement (UMP) party. During Jacques Chirac's second presidential term he served as Minister of the Interior in Jean-Pierre R
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Women in Finance and the Economic Recovery: Elizabeth Warren (2010)
United States policy responses to the late-2000s recession explores legislation, banking industry and market volatility within retirement plans.
The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19 to intervene in the crisis caused by the late-2000s recession. To stop the potential run on money market mutual funds, the Treasury also announced on
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Powerthirst
You can watch the Picnicface TV show online now! (in Canada) http://www.cravetv.ca/show/34911
The Auto Industry Bailouts: Obama, Financial Crisis and Car Sales in the United States (2009-2010)
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining ...
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, each of the "Big Three" U.S. automakers -- General Motors (GM), Ford Motor Company, and Chrysler -- requested emergency loans in order to address impending cash shortages. By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
General Motors emerged from bankruptcy as a new company majority owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.. Both companies terminated agreements with hundreds of their dealerships and GM discontinued several of its brands as part of bankruptcy proceedings. Ford Motor Company was able to survive without entering bankruptcy partly due to a large line of credit which it obtained in 2007.
The U.S. automakers were more heavily affected by the crisis than their foreign counterparts, such as Toyota. Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit.
As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota. According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.
By 2012, polls from Pew Research Center and Quinnipiac University Polling Institute show that the American public now believes that the bailouts have been helpful for the American economy.
http://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%932010_automotive_industry_crisis_on_the_United_States
wn.com/The Auto Industry Bailouts Obama, Financial Crisis And Car Sales In The United States (2009 2010)
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, each of the "Big Three" U.S. automakers -- General Motors (GM), Ford Motor Company, and Chrysler -- requested emergency loans in order to address impending cash shortages. By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
General Motors emerged from bankruptcy as a new company majority owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.. Both companies terminated agreements with hundreds of their dealerships and GM discontinued several of its brands as part of bankruptcy proceedings. Ford Motor Company was able to survive without entering bankruptcy partly due to a large line of credit which it obtained in 2007.
The U.S. automakers were more heavily affected by the crisis than their foreign counterparts, such as Toyota. Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit.
As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota. According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.
By 2012, polls from Pew Research Center and Quinnipiac University Polling Institute show that the American public now believes that the bailouts have been helpful for the American economy.
http://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%932010_automotive_industry_crisis_on_the_United_States
- published: 23 May 2014
- views: 582
The American Auto Industry and Taking Control of Our Energy Future (2012)
http://thefilmarchive.org/
March 3, 2012
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A...
http://thefilmarchive.org/
March 3, 2012
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, each of the "Big Three" U.S. automakers: General Motors (GM), Ford Motor Company, and Chrysler, requested emergency loans in order to address impending cash shortages. By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 Billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
General Motors emerged from bankruptcy as a new company majority owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.. Both companies terminated agreements with hundreds of their dealerships and GM discontinued several of its brands as part of bankruptcy proceedings. Ford Motor Company was able to survive without entering bankruptcy partly due to a large line of credit which it obtained in 2007.
The U.S. automakers were more heavily affected by the crisis than their foreign counterparts, such as Toyota. Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit.
As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota. However the US government may have to write off about $14 billion of its $80 billion loan.
http://en.wikipedia.org/wiki/United_states_auto_industry_crisis
wn.com/The American Auto Industry And Taking Control Of Our Energy Future (2012)
http://thefilmarchive.org/
March 3, 2012
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, each of the "Big Three" U.S. automakers: General Motors (GM), Ford Motor Company, and Chrysler, requested emergency loans in order to address impending cash shortages. By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 Billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
General Motors emerged from bankruptcy as a new company majority owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.. Both companies terminated agreements with hundreds of their dealerships and GM discontinued several of its brands as part of bankruptcy proceedings. Ford Motor Company was able to survive without entering bankruptcy partly due to a large line of credit which it obtained in 2007.
The U.S. automakers were more heavily affected by the crisis than their foreign counterparts, such as Toyota. Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit.
As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota. However the US government may have to write off about $14 billion of its $80 billion loan.
http://en.wikipedia.org/wiki/United_states_auto_industry_crisis
- published: 08 Apr 2012
- views: 470
Was the Auto Industry Bailout a Good Idea? Federal Aid - The Emergency Financial Bailout (2008)
The automotive industry crisis of 2008--2010 was a part of a global financial downturn. The crisis affected European and Asian automobile manufacturers, but it ...
The automotive industry crisis of 2008--2010 was a part of a global financial downturn. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry. The downturn also affected Canada by virtue of the Automotive Products Trade Agreement.[1]
The automotive industry was weakened by a substantial increase in the prices of automotive fuels[2] linked to the 2003-2008 energy crisis which discouraged purchases of sport utility vehicles (SUVs) and pickup trucks which have low fuel economy.[3] The popularity and relatively high profit margins of these vehicles had encouraged the American "Big Three" automakers, General Motors, Ford, and Chrysler to make them their primary focus. With fewer fuel-efficient models to offer to consumers, sales began to slide. By 2008, the situation had turned critical as the credit crunch [4] placed pressure on the prices of raw materials.
Car companies from Asia, Europe, North America, and elsewhere have implemented creative marketing strategies to entice reluctant consumers as most experienced double-digit percentage declines in sales. Major manufacturers, including the Big Three and Toyota offered substantial discounts across their lineups. The Big Three faced criticism for their lineups, which were seen to be irresponsible in light of rising fuel prices. North American consumers turned to smaller, cheaper, more fuel-efficient imports from Japan and Europe. However, many of the vehicles perceived to be foreign were actually "transplants," foreign cars manufactured or assembled in the United States, at lower cost than true imports.[5]
http://en.wikipedia.org/wiki/Auto_bailout
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in the years of 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, each of the "Big Three" U.S. automakers -- General Motors (GM), Ford Motor Company, and Chrysler -- requested emergency loans in order to address impending cash shortages. By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
General Motors emerged from bankruptcy as a new company majority owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.. Both companies terminated agreements with hundreds of their dealerships and GM discontinued several of its brands as part of bankruptcy proceedings. Ford Motor Company was able to survive without entering bankruptcy partly due to a large line of credit which it obtained in 2007.
The U.S. automakers were more heavily affected by the crisis than their foreign counterparts, such as Toyota. Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit.
As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota. According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.
By 2012, polls from Pew Research Center and Quinnipiac University Polling Institute show that the American public now believes that the bailouts have been helpful for the American economy.
http://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%932010_automotive_industry_crisis_on_the_United_States
wn.com/Was The Auto Industry Bailout A Good Idea Federal Aid The Emergency Financial Bailout (2008)
The automotive industry crisis of 2008--2010 was a part of a global financial downturn. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry. The downturn also affected Canada by virtue of the Automotive Products Trade Agreement.[1]
The automotive industry was weakened by a substantial increase in the prices of automotive fuels[2] linked to the 2003-2008 energy crisis which discouraged purchases of sport utility vehicles (SUVs) and pickup trucks which have low fuel economy.[3] The popularity and relatively high profit margins of these vehicles had encouraged the American "Big Three" automakers, General Motors, Ford, and Chrysler to make them their primary focus. With fewer fuel-efficient models to offer to consumers, sales began to slide. By 2008, the situation had turned critical as the credit crunch [4] placed pressure on the prices of raw materials.
Car companies from Asia, Europe, North America, and elsewhere have implemented creative marketing strategies to entice reluctant consumers as most experienced double-digit percentage declines in sales. Major manufacturers, including the Big Three and Toyota offered substantial discounts across their lineups. The Big Three faced criticism for their lineups, which were seen to be irresponsible in light of rising fuel prices. North American consumers turned to smaller, cheaper, more fuel-efficient imports from Japan and Europe. However, many of the vehicles perceived to be foreign were actually "transplants," foreign cars manufactured or assembled in the United States, at lower cost than true imports.[5]
http://en.wikipedia.org/wiki/Auto_bailout
Beginning in the latter half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in the years of 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, each of the "Big Three" U.S. automakers -- General Motors (GM), Ford Motor Company, and Chrysler -- requested emergency loans in order to address impending cash shortages. By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
General Motors emerged from bankruptcy as a new company majority owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.. Both companies terminated agreements with hundreds of their dealerships and GM discontinued several of its brands as part of bankruptcy proceedings. Ford Motor Company was able to survive without entering bankruptcy partly due to a large line of credit which it obtained in 2007.
The U.S. automakers were more heavily affected by the crisis than their foreign counterparts, such as Toyota. Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit.
As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota. According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.
By 2012, polls from Pew Research Center and Quinnipiac University Polling Institute show that the American public now believes that the bailouts have been helpful for the American economy.
http://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%932010_automotive_industry_crisis_on_the_United_States
- published: 25 Sep 2013
- views: 1096
2009 Auto Bailout: Financial State of the Industry - Cost, Payback (2012)
Beginning in the later half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining a...
Beginning in the later half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in the years of 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, two of the "Big Three" U.S. automakers – General Motors (GM), and Chrysler – requested emergency loans in order to address impending cash shortages. By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
General Motors emerged from bankruptcy as a new company majority owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.. Both companies terminated agreements with hundreds of their dealerships and GM discontinued several of its brands as part of bankruptcy proceedings. Ford Motor Company was able to survive without entering bankruptcy partly due to a large line of credit which it obtained in 2007.
The U.S. automakers were more heavily affected by the crisis than their foreign counterparts, such as Toyota. Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit.
As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota.[2] According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.[3]
By 2012, polls from Pew Research Center[4] and Quinnipiac University Polling Institute[5] show that the American public now believes that the bailouts have been helpful for the American economy.
http://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%9310_automotive_industry_crisis_on_the_United_States
wn.com/2009 Auto Bailout Financial State Of The Industry Cost, Payback (2012)
Beginning in the later half of 2008, a global-scale recession adversely affected the economy of the United States. A combination of several years of declining automobile sales and scarce availability of credit led to a more widespread crisis in the United States auto industry in the years of 2008 and 2009.
Following dramatic drops in automobile sales throughout 2008, two of the "Big Three" U.S. automakers – General Motors (GM), and Chrysler – requested emergency loans in order to address impending cash shortages. By April 2009, the situation had worsened such that both GM and Chrysler were faced with imminent bankruptcy and liquidation. With the intent to prevent massive job losses and destabilizing damage to the entire manufacturing sector, the U.S. and Canadian governments provided unprecedented financial bailout ($85 billion) support to allow the companies to restructure and jettison legacy debt via Chapter 11 bankruptcy. Both companies separately filed for this protection by June 1.
General Motors emerged from bankruptcy as a new company majority owned by the United States Treasury, and Chrysler emerged owned primarily by the United Auto Workers union and by Italian automaker Fiat S.p.A.. Both companies terminated agreements with hundreds of their dealerships and GM discontinued several of its brands as part of bankruptcy proceedings. Ford Motor Company was able to survive without entering bankruptcy partly due to a large line of credit which it obtained in 2007.
The U.S. automakers were more heavily affected by the crisis than their foreign counterparts, such as Toyota. Following the 2000s energy crisis, the U.S. automakers failed to produce more fuel-efficient vehicles as opposed to the high-profit sport utility vehicles that were popular in the late 1990s and early 2000s which led to excess inventory and undesirable product. Since the automotive crisis abated, all three American automakers have increased sales of vehicles and have posted a profit.
As of 2012, the industry has recovered to some extent. GM had 2011 sales of more than 9 million vehicles, more than Toyota.[2] According to a May 2011 report by the White House National Economic Council, however, the US government may have to write off about $14 billion of its $80 billion loan.[3]
By 2012, polls from Pew Research Center[4] and Quinnipiac University Polling Institute[5] show that the American public now believes that the bailouts have been helpful for the American economy.
http://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%9310_automotive_industry_crisis_on_the_United_States
- published: 16 May 2015
- views: 50
Development of Hybrid System for Mid-Size Sedan
The energy crisis and rising gas price in the 2000s led to a growing popularity of hybrid vehicles.
For more details access: http://video.sae.org/event/...
The energy crisis and rising gas price in the 2000s led to a growing popularity of hybrid vehicles.
For more details access: http://video.sae.org/event/
wn.com/Development Of Hybrid System For Mid Size Sedan
The energy crisis and rising gas price in the 2000s led to a growing popularity of hybrid vehicles.
For more details access: http://video.sae.org/event/
- published: 07 Nov 2011
- views: 17
Codename: ICEMAN (1989)
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead des...
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead designer was Jim Walls, who also created several Police Quest games.[1] Mention of a "Codename: PHOENIX" in Sierra promotional material suggests that ICEMAN was meant to be the first part of a Codename series, but disappointing sales ended the would-be franchise after one game.
One of ICEMAN's most notable features is that a large portion of it takes place in a submarine; a portion of the game also requires the player to navigate the sub using an extremely scaled-down model.
Designed in 1989, the game's setting is 2004[dubious -- discuss]. While much of the story (which features Cold War and Soviet villains) is outdated in hindsight, the scenario is partially prophetic of the 2000s energy crisis which began in 2003.
In the year 2004[dubious -- discuss], during a global oil shortage Tunisia is suddenly discovered to possess a surplus of high-grade oil. While the Soviet and American governments try to acquire as much of the oil as they can, Soviet-backed terrorists kidnap a US ambassador in hopes of provoking an international incident.
Naval Officer Johnny Westland is informed about the situation during his leave in Tahiti and is called back for the rescue mission. The night before returning to duty, he has a one-night stand with Stacy, a mysterious beautiful woman.
In the Pentagon, Westland is briefed and learns that Stacy is also an agent whom he must meet as soon as he reaches his goal. To reach his target, Westland travels in a nuclear-powered submarine, the USS Blackhawk. After fighting with Soviet vessels, navigating his way through an iceberg field and repairing some malfunctioning devices, he must penetrate the electronic harbor surveillance of Tunisia. A diving vehicle must be maneuvered through sensitive magnetic fields without being detected.
Finally Westland meets Stacy on the shores of Tunisia. Working together, the agents free the ambassador; Westland is promoted and proposes to Stacy.
wn.com/Codename Iceman (1989)
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead designer was Jim Walls, who also created several Police Quest games.[1] Mention of a "Codename: PHOENIX" in Sierra promotional material suggests that ICEMAN was meant to be the first part of a Codename series, but disappointing sales ended the would-be franchise after one game.
One of ICEMAN's most notable features is that a large portion of it takes place in a submarine; a portion of the game also requires the player to navigate the sub using an extremely scaled-down model.
Designed in 1989, the game's setting is 2004[dubious -- discuss]. While much of the story (which features Cold War and Soviet villains) is outdated in hindsight, the scenario is partially prophetic of the 2000s energy crisis which began in 2003.
In the year 2004[dubious -- discuss], during a global oil shortage Tunisia is suddenly discovered to possess a surplus of high-grade oil. While the Soviet and American governments try to acquire as much of the oil as they can, Soviet-backed terrorists kidnap a US ambassador in hopes of provoking an international incident.
Naval Officer Johnny Westland is informed about the situation during his leave in Tahiti and is called back for the rescue mission. The night before returning to duty, he has a one-night stand with Stacy, a mysterious beautiful woman.
In the Pentagon, Westland is briefed and learns that Stacy is also an agent whom he must meet as soon as he reaches his goal. To reach his target, Westland travels in a nuclear-powered submarine, the USS Blackhawk. After fighting with Soviet vessels, navigating his way through an iceberg field and repairing some malfunctioning devices, he must penetrate the electronic harbor surveillance of Tunisia. A diving vehicle must be maneuvered through sensitive magnetic fields without being detected.
Finally Westland meets Stacy on the shores of Tunisia. Working together, the agents free the ambassador; Westland is promoted and proposes to Stacy.
- published: 30 May 2012
- views: 389
Energy crisis
An energy crisis is any great bottleneck (or price rise) in the supply of energy resources to an economy. In popular literature though, it often refers to one o...
An energy crisis is any great bottleneck (or price rise) in the supply of energy resources to an economy. In popular literature though, it often refers to one of the energy sources used at a certain time and place, particularly those that supply national electricity grids or serve as fuel for vehicles. There has been an enormous increase in the global demand for energy in recent years as a result of industrial development and population growth. Since the early 2000s the demand for energy, especially from liquid fuels, and limits on the rate of fuel production has created such a bottleneck leading to the current energy crisis.
This video is targeted to blind users.
Attribution:
Article text available under CC-BY-SA
Creative Commons image source in video
wn.com/Energy Crisis
An energy crisis is any great bottleneck (or price rise) in the supply of energy resources to an economy. In popular literature though, it often refers to one of the energy sources used at a certain time and place, particularly those that supply national electricity grids or serve as fuel for vehicles. There has been an enormous increase in the global demand for energy in recent years as a result of industrial development and population growth. Since the early 2000s the demand for energy, especially from liquid fuels, and limits on the rate of fuel production has created such a bottleneck leading to the current energy crisis.
This video is targeted to blind users.
Attribution:
Article text available under CC-BY-SA
Creative Commons image source in video
- published: 01 Oct 2014
- views: 25
Codename: ICEMAN - Love Theme/Morning [MUSIC]
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead des...
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead designer was Jim Walls, who also created several Police Quest games.[1] Mention of a "Codename: PHOENIX" in Sierra promotional material suggests that ICEMAN was meant to be the first part of a Codename series, but disappointing sales ended the would-be franchise after one game.
One of ICEMAN's most notable features is that a large portion of it takes place in a submarine; a portion of the game also requires the player to navigate the sub using an extremely scaled-down model.
Designed in 1989, the game's setting is 2004[dubious -- discuss]. While much of the story (which features Cold War and Soviet villains) is outdated in hindsight, the scenario is partially prophetic of the 2000s energy crisis which began in 2003.
In the year 2004[dubious -- discuss], during a global oil shortage Tunisia is suddenly discovered to possess a surplus of high-grade oil. While the Soviet and American governments try to acquire as much of the oil as they can, Soviet-backed terrorists kidnap a US ambassador in hopes of provoking an international incident.
Naval Officer Johnny Westland is informed about the situation during his leave in Tahiti and is called back for the rescue mission. The night before returning to duty, he has a one-night stand with Stacy, a mysterious beautiful woman.
In the Pentagon, Westland is briefed and learns that Stacy is also an agent whom he must meet as soon as he reaches his goal. To reach his target, Westland travels in a nuclear-powered submarine, the USS Blackhawk. After fighting with Soviet vessels, navigating his way through an iceberg field and repairing some malfunctioning devices, he must penetrate the electronic harbor surveillance of Tunisia. A diving vehicle must be maneuvered through sensitive magnetic fields without being detected.
Finally Westland meets Stacy on the shores of Tunisia. Working together, the agents free the ambassador; Westland is promoted and proposes to Stacy.
wn.com/Codename Iceman Love Theme Morning Music
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead designer was Jim Walls, who also created several Police Quest games.[1] Mention of a "Codename: PHOENIX" in Sierra promotional material suggests that ICEMAN was meant to be the first part of a Codename series, but disappointing sales ended the would-be franchise after one game.
One of ICEMAN's most notable features is that a large portion of it takes place in a submarine; a portion of the game also requires the player to navigate the sub using an extremely scaled-down model.
Designed in 1989, the game's setting is 2004[dubious -- discuss]. While much of the story (which features Cold War and Soviet villains) is outdated in hindsight, the scenario is partially prophetic of the 2000s energy crisis which began in 2003.
In the year 2004[dubious -- discuss], during a global oil shortage Tunisia is suddenly discovered to possess a surplus of high-grade oil. While the Soviet and American governments try to acquire as much of the oil as they can, Soviet-backed terrorists kidnap a US ambassador in hopes of provoking an international incident.
Naval Officer Johnny Westland is informed about the situation during his leave in Tahiti and is called back for the rescue mission. The night before returning to duty, he has a one-night stand with Stacy, a mysterious beautiful woman.
In the Pentagon, Westland is briefed and learns that Stacy is also an agent whom he must meet as soon as he reaches his goal. To reach his target, Westland travels in a nuclear-powered submarine, the USS Blackhawk. After fighting with Soviet vessels, navigating his way through an iceberg field and repairing some malfunctioning devices, he must penetrate the electronic harbor surveillance of Tunisia. A diving vehicle must be maneuvered through sensitive magnetic fields without being detected.
Finally Westland meets Stacy on the shores of Tunisia. Working together, the agents free the ambassador; Westland is promoted and proposes to Stacy.
- published: 17 Jun 2012
- views: 160
Codename: ICEMAN (1989) Ending
Oh boy, I finally managed to finish this game, and I have realized that everything that has been said is true, it has so many flaws, the submarine simulation is...
Oh boy, I finally managed to finish this game, and I have realized that everything that has been said is true, it has so many flaws, the submarine simulation is awful, not fun at all, the decoding copy protection thing was fun to do, but one time was enough, as it kept getting repetitive. And there's little adventure gaming in it, just the introduction and the finale, which are OK and fun but too short. This game had a lot of potential, a pity... Not sure if I will ever replay this!
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead designer was Jim Walls, who also created several Police Quest games.[1] Mention of a "Codename: PHOENIX" in Sierra promotional material suggests that ICEMAN was meant to be the first part of a Codename series, but disappointing sales ended the would-be franchise after one game.
One of ICEMAN's most notable features is that a large portion of it takes place in a submarine; a portion of the game also requires the player to navigate the sub using an extremely scaled-down model.
Designed in 1989, the game's setting is 2004[dubious -- discuss]. While much of the story (which features Cold War and Soviet villains) is outdated in hindsight, the scenario is partially prophetic of the 2000s energy crisis which began in 2003.
In the year 2004[dubious -- discuss], during a global oil shortage Tunisia is suddenly discovered to possess a surplus of high-grade oil. While the Soviet and American governments try to acquire as much of the oil as they can, Soviet-backed terrorists kidnap a US ambassador in hopes of provoking an international incident.
Naval Officer Johnny Westland is informed about the situation during his leave in Tahiti and is called back for the rescue mission. The night before returning to duty, he has a one-night stand with Stacy, a mysterious beautiful woman.
In the Pentagon, Westland is briefed and learns that Stacy is also an agent whom he must meet as soon as he reaches his goal. To reach his target, Westland travels in a nuclear-powered submarine, the USS Blackhawk. After fighting with Soviet vessels, navigating his way through an iceberg field and repairing some malfunctioning devices, he must penetrate the electronic harbor surveillance of Tunisia. A diving vehicle must be maneuvered through sensitive magnetic fields without being detected.
Finally Westland meets Stacy on the shores of Tunisia. Working together, the agents free the ambassador; Westland is promoted and proposes to Stacy.
wn.com/Codename Iceman (1989) Ending
Oh boy, I finally managed to finish this game, and I have realized that everything that has been said is true, it has so many flaws, the submarine simulation is awful, not fun at all, the decoding copy protection thing was fun to do, but one time was enough, as it kept getting repetitive. And there's little adventure gaming in it, just the introduction and the finale, which are OK and fun but too short. This game had a lot of potential, a pity... Not sure if I will ever replay this!
Codename: ICEMAN is a graphical adventure game made with the SCI engine and published by the American computer game company Sierra On-Line in 1989. The lead designer was Jim Walls, who also created several Police Quest games.[1] Mention of a "Codename: PHOENIX" in Sierra promotional material suggests that ICEMAN was meant to be the first part of a Codename series, but disappointing sales ended the would-be franchise after one game.
One of ICEMAN's most notable features is that a large portion of it takes place in a submarine; a portion of the game also requires the player to navigate the sub using an extremely scaled-down model.
Designed in 1989, the game's setting is 2004[dubious -- discuss]. While much of the story (which features Cold War and Soviet villains) is outdated in hindsight, the scenario is partially prophetic of the 2000s energy crisis which began in 2003.
In the year 2004[dubious -- discuss], during a global oil shortage Tunisia is suddenly discovered to possess a surplus of high-grade oil. While the Soviet and American governments try to acquire as much of the oil as they can, Soviet-backed terrorists kidnap a US ambassador in hopes of provoking an international incident.
Naval Officer Johnny Westland is informed about the situation during his leave in Tahiti and is called back for the rescue mission. The night before returning to duty, he has a one-night stand with Stacy, a mysterious beautiful woman.
In the Pentagon, Westland is briefed and learns that Stacy is also an agent whom he must meet as soon as he reaches his goal. To reach his target, Westland travels in a nuclear-powered submarine, the USS Blackhawk. After fighting with Soviet vessels, navigating his way through an iceberg field and repairing some malfunctioning devices, he must penetrate the electronic harbor surveillance of Tunisia. A diving vehicle must be maneuvered through sensitive magnetic fields without being detected.
Finally Westland meets Stacy on the shores of Tunisia. Working together, the agents free the ambassador; Westland is promoted and proposes to Stacy.
- published: 02 Jun 2012
- views: 150
Former Governor Gray Davis on education, the economy & the skills gap
http://www.caeconomy.org
California's economy, in the late 1990's and early 2000's, was riding on a wave of success, thanks in part to the dot com boom. In 20...
http://www.caeconomy.org
California's economy, in the late 1990's and early 2000's, was riding on a wave of success, thanks in part to the dot com boom. In 2000 the unemployment rate was 4.9 percent. Although it spiked to 6.8 percent in 2003, jobs were still available and folks were filling them mainly because people entering the workforce had the skillsets to match the jobs.
Gray Davis was governor during that time. He made education his top priority. California spent eight billion dollars more than required under Proposition 98. Under Davis, state standardized test scores increased for five years in a row.
He was recalled by voters in 2003 due in part to California's energy market crisis.
The former California Governor shared his thoughts on getting the Golden State's economy back on track during the recent Milken Institute's California Summit.
wn.com/Former Governor Gray Davis On Education, The Economy The Skills Gap
http://www.caeconomy.org
California's economy, in the late 1990's and early 2000's, was riding on a wave of success, thanks in part to the dot com boom. In 2000 the unemployment rate was 4.9 percent. Although it spiked to 6.8 percent in 2003, jobs were still available and folks were filling them mainly because people entering the workforce had the skillsets to match the jobs.
Gray Davis was governor during that time. He made education his top priority. California spent eight billion dollars more than required under Proposition 98. Under Davis, state standardized test scores increased for five years in a row.
He was recalled by voters in 2003 due in part to California's energy market crisis.
The former California Governor shared his thoughts on getting the Golden State's economy back on track during the recent Milken Institute's California Summit.
- published: 30 Nov 2012
- views: 316
Does Greek's Debt Crisis Compare To Anything In History?
Greece is up a debt creek without a monetary paddle, and it's got the rest of Europe sweating. What can we learn from other sovereign defaults?
Follow Kate Gru...
Greece is up a debt creek without a monetary paddle, and it's got the rest of Europe sweating. What can we learn from other sovereign defaults?
Follow Kate Grumke: http://www.twitter.com/kgrumke
See more at http://www.newsy.com
Transcript:
As Greece wanders closer to a default on its debt and a potential exit from the Eurozone, the economic future for the country and the continent seems uncertain.
For clues about what might happen to Greece, we turn to other countries that have defaulted in recent memory. (Video via The Telegraph)
First: Argentina. That country's debt crisis in the early 2000s has been trotted out as a comparison to Greece's troubles over the past five years.
And the two crises do share some roots: Both were born out of an increase in government borrowing and a decrease in tax revenues — brought on by rampant tax evasion and corruption. Unemployment in both countries soared, and the debt piled on. (Video via RT)
But in Argentina, after civil unrest caused its president to flee the country by helicopter, the country actually emerged fairly gracefully from that crisis and had more or less recovered by 2005. (Video via International Labour Organization)
A number of other Latin American countries defaulted throughout the decade: Ecuador, Paraguay, Venezuela — the list goes on. Argentina even defaulted again in 2014, marking the region's chronic debt instability.
But before Greece revealed the leaks in European finance, the continent had stayed much cleaner than Latin America; the region's most significant default before Greece was Russia's in 1998.
That crisis was brought on by declining production, hyperinflation and plummeting oil prices. But like Argentina, Russia recovered quickly. A rebound in the energy market, which drives most of Russia's exports, pulled the country through the crisis. (Video via The Financial Times)
A Greek default will likely be a bit more messy. Because the rest of Europe has a stake in Greece's finance, the debt restructuring has higher stakes, especially for the other countries teetering on bankruptcy themselves.
Anyone can offer advice or predictions for Greece's future — but the guessing game is complicated. Greece's entrenchment in a shared currency makes its default unprecedented, so anything could happen.
A default would likely trigger a run on Greek banks, which would either mean withdrawal restrictions or sweep the legs out from under the whole fragile system, leaving the country with no money for anyone to pay anyone. (Video via RT)
And because a default would likely mean an exit from the Eurozone, Greece would pretty much be starting from scratch with its former currency, the drachma, which would be immediately prone to hyperinflation.
Negotiations between Greece and creditors broke down Sunday. The country is demanding more bailout funds and fewer austerity restrictions, which have kept the country's budget in a chokehold since 2010. (Video via The Financial Times)
The rest of Europe is in a sticky spot: If they let Greece default, it could shake confidence in the entire European bond market and trigger a panic that could hurt every country involved.
But if Greece gets away with a bailout and fewer austerity measures, it could send the wrong message to other unstable countries — like Portugal and Spain — that they can do whatever they want and still get bailed out. (Video via Sky News)
This complex web of consequences is what makes Greece's situation so difficult to compare to other defaults, like those in Latin America. To some extent, the Eurozone is one body, and Greece is an infected finger. (Video via Bloomberg)
So the rest of the Eurozone now faces a choice: Cut the finger off or spend billions of dollars on antibiotics.
Sources:
Getty Images
http://www.gettyimages.com/detail/news-photo/man-holds-up-a-banner-and-greek-flag-while-in-background-a-news-photo/476667380
The Telegraph
https://www.youtube.com/watch?v=cK-4G4VWUz4
Federal Reserve Bank of San Francisco
http://www.frbsf.org/economic-research/publications/economic-letter/2010/november/greece-argentina-crisis/
RT
https://www.youtube.com/watch?v=AuJZdWTiaJM&oref;=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DAuJZdWTiaJM&has;_verified=1
Daily Mail
http://www.dailymail.co.uk/news/article-91169/President-resigns-riots-leave-22-dead-Argentina.html
EconomicsHelp.org
http://www.economicshelp.org/blog/5422/economics/argentina-crisis-and-recovery/
International Labour Organization
https://www.youtube.com/watch?v=gL9y369g1OQ
The Economist
http://www.economist.com/blogs/graphicdetail/2014/07/daily-chart-23
Image via: Getty Images/ Milos Bicanski
http://www.gettyimages.com/detail/news-photo/man-holds-up-a-banner-and-greek-flag-while-in-background-a-news-photo/476667380
wn.com/Does Greek's Debt Crisis Compare To Anything In History
Greece is up a debt creek without a monetary paddle, and it's got the rest of Europe sweating. What can we learn from other sovereign defaults?
Follow Kate Grumke: http://www.twitter.com/kgrumke
See more at http://www.newsy.com
Transcript:
As Greece wanders closer to a default on its debt and a potential exit from the Eurozone, the economic future for the country and the continent seems uncertain.
For clues about what might happen to Greece, we turn to other countries that have defaulted in recent memory. (Video via The Telegraph)
First: Argentina. That country's debt crisis in the early 2000s has been trotted out as a comparison to Greece's troubles over the past five years.
And the two crises do share some roots: Both were born out of an increase in government borrowing and a decrease in tax revenues — brought on by rampant tax evasion and corruption. Unemployment in both countries soared, and the debt piled on. (Video via RT)
But in Argentina, after civil unrest caused its president to flee the country by helicopter, the country actually emerged fairly gracefully from that crisis and had more or less recovered by 2005. (Video via International Labour Organization)
A number of other Latin American countries defaulted throughout the decade: Ecuador, Paraguay, Venezuela — the list goes on. Argentina even defaulted again in 2014, marking the region's chronic debt instability.
But before Greece revealed the leaks in European finance, the continent had stayed much cleaner than Latin America; the region's most significant default before Greece was Russia's in 1998.
That crisis was brought on by declining production, hyperinflation and plummeting oil prices. But like Argentina, Russia recovered quickly. A rebound in the energy market, which drives most of Russia's exports, pulled the country through the crisis. (Video via The Financial Times)
A Greek default will likely be a bit more messy. Because the rest of Europe has a stake in Greece's finance, the debt restructuring has higher stakes, especially for the other countries teetering on bankruptcy themselves.
Anyone can offer advice or predictions for Greece's future — but the guessing game is complicated. Greece's entrenchment in a shared currency makes its default unprecedented, so anything could happen.
A default would likely trigger a run on Greek banks, which would either mean withdrawal restrictions or sweep the legs out from under the whole fragile system, leaving the country with no money for anyone to pay anyone. (Video via RT)
And because a default would likely mean an exit from the Eurozone, Greece would pretty much be starting from scratch with its former currency, the drachma, which would be immediately prone to hyperinflation.
Negotiations between Greece and creditors broke down Sunday. The country is demanding more bailout funds and fewer austerity restrictions, which have kept the country's budget in a chokehold since 2010. (Video via The Financial Times)
The rest of Europe is in a sticky spot: If they let Greece default, it could shake confidence in the entire European bond market and trigger a panic that could hurt every country involved.
But if Greece gets away with a bailout and fewer austerity measures, it could send the wrong message to other unstable countries — like Portugal and Spain — that they can do whatever they want and still get bailed out. (Video via Sky News)
This complex web of consequences is what makes Greece's situation so difficult to compare to other defaults, like those in Latin America. To some extent, the Eurozone is one body, and Greece is an infected finger. (Video via Bloomberg)
So the rest of the Eurozone now faces a choice: Cut the finger off or spend billions of dollars on antibiotics.
Sources:
Getty Images
http://www.gettyimages.com/detail/news-photo/man-holds-up-a-banner-and-greek-flag-while-in-background-a-news-photo/476667380
The Telegraph
https://www.youtube.com/watch?v=cK-4G4VWUz4
Federal Reserve Bank of San Francisco
http://www.frbsf.org/economic-research/publications/economic-letter/2010/november/greece-argentina-crisis/
RT
https://www.youtube.com/watch?v=AuJZdWTiaJM&oref;=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DAuJZdWTiaJM&has;_verified=1
Daily Mail
http://www.dailymail.co.uk/news/article-91169/President-resigns-riots-leave-22-dead-Argentina.html
EconomicsHelp.org
http://www.economicshelp.org/blog/5422/economics/argentina-crisis-and-recovery/
International Labour Organization
https://www.youtube.com/watch?v=gL9y369g1OQ
The Economist
http://www.economist.com/blogs/graphicdetail/2014/07/daily-chart-23
Image via: Getty Images/ Milos Bicanski
http://www.gettyimages.com/detail/news-photo/man-holds-up-a-banner-and-greek-flag-while-in-background-a-news-photo/476667380
- published: 16 Jun 2015
- views: 1616
Spain, a country rich in renewable resources
Knowing the country’s potential in different technologies, such as wind and photovoltaic, the Spanish government promoted their installation through several inc...
Knowing the country’s potential in different technologies, such as wind and photovoltaic, the Spanish government promoted their installation through several incentives and subsidies since the beginning of the 2000s. When the economic crisis hit the EU all these incentives gradually disappeared due to the decrease on energy consumption, which also denoted the system overcapacity due to the lack of interconnections. Now as the country escapes from the economic recession, energy efficiency and renewables are starting to be part of the country’s future once again. This Webinar reviews the past, present and future of the country from the energetic point of view.
wn.com/Spain, A Country Rich In Renewable Resources
Knowing the country’s potential in different technologies, such as wind and photovoltaic, the Spanish government promoted their installation through several incentives and subsidies since the beginning of the 2000s. When the economic crisis hit the EU all these incentives gradually disappeared due to the decrease on energy consumption, which also denoted the system overcapacity due to the lack of interconnections. Now as the country escapes from the economic recession, energy efficiency and renewables are starting to be part of the country’s future once again. This Webinar reviews the past, present and future of the country from the energetic point of view.
- published: 17 Nov 2015
- views: 39
1950s vs. 2000s - A Comparison of Gender Roles, Family Life, and Social Life
Transcript:
The 1950's. Known for its greaser styles, doo-wop music, and breakthrough advertising techniques, the 50's have remained memorable decades after its...
Transcript:
The 1950's. Known for its greaser styles, doo-wop music, and breakthrough advertising techniques, the 50's have remained memorable decades after its passing. Its styles and morals have continued to be an inspiration and find admiration even in today's life.
The 2000's. Technicolor, Technological, Techno-you-name-it. The 2000s completely re-mastered modern living. iPhones, emails, Jason Derulo -
With such drastic differences, how could the 1950s and the 2000s be even remotely the same? Taking a closer look into gender roles, familial structures, and social norms, we discover the similarities and differences between these two eras.
We like to call the 50's "The Simpler Times." Romanticizing the past is fun and all, but if you look at some ideas of the time, the 50s may be better of referred to as the simple-minded times.
Gender roles, for example, were extremely limiting. Men were claimed as the alphas - they made the decisions, they went to college, they ran the businesses, they brought home the bacon. Meanwhile, women were handed the submissive end of the stick, being expected to stay home, cook, clean, and watch the children. Their highest option for education was attending finishing school, and even then, marriage was still pushed onto them to be their one true aspiration. Women who wanted more for themselves were claimed to be crazy. Perhaps not the wisest thing to say to those who handle the household knives.
Jumping to today's time, women have more options than ever. College is not only available for everyone now, it's insisted upon. Women can hold jobs of high power, and can have further aspirations than motherhood or wifely duties. In fact, many households are now dual-income as women branch out into the workforce.
However, as much progress as the 2000's have made, the 50's sexism has still found a way to stick around. Though women have more options for jobs, their pay is still 23% less than that of men's, even when they perform the same amount of work for the same amount of hours. Furthermore, women only are 15% of the fortune 500 CEOS. So while many accomplishments have been made for women in the workforce, we still have ways to go.
The 1950's family life was white picket fence perfection. It consisted of a daily routine of dad leaving for work while mom got the kids ready for school, cleaned the house, and began dinner. By the time dad came home, dinner was on the table and the family would sit down and enjoy conversation with each other. Men, again, were the alphas, and were seen as the head of the household. They ran the family checkbook, and made decisions for the family. Though women basically kept the house afloat, they were seen as substandard to their husbands. Sons were expected to follow in their father's footsteps of one day being successful businessmen with a lovely doting wife, while daughters were brought up learning how to one day be the perfect wife and mother.
Today, families can be incredibly diverse. Instead of just finding heterosexual couples, you can find single parents, step-parents, and gay couples all living their lives as families. More interracial couples are prevalent now, something that was once taboo in the 50's. Income provider role isn't set on one person, with many different variations available, and children of either sex are taught to want success in life, not just a marriage. Family lives overall these days lead to more open-minded, ambitious generations.
The 50's are probably most idealized for how they ran their social lives. The 50's are known for their time of drive-in-movie-dates, and their swell way of speaking. Physical affection during this time is always portrayed as very conservative - most couples even slept in separate beds. For high schoolers then, with communication means not quite so vast yet, speaking to friends meant meeting down at soda parlors or dancing while the jukebox played. These dances have become a trademark style of the era.
Insert the selfie generation. With iPhones and the Internet kicking off in the new millennium, new ways to communicate were invented faster than you could post a selfie. No longer limited to just phone calls, new forms of communication included, texting, instant messaging, social media sites, and web calls. Now, reaching your friends was just a send button away. New slang was developed among these times as well, including with a variety of -cough cough- interesting new acronyms and phrases.
We've come a long way since the 50's, and many things have improved for the better. Gender roles have opened up, familial settings have become more diverse, and social norms are adapting to this crazy, technology-driven life. Hmm. Just think what'll have changed in the next 60 years.
wn.com/1950S Vs. 2000S A Comparison Of Gender Roles, Family Life, And Social Life
Transcript:
The 1950's. Known for its greaser styles, doo-wop music, and breakthrough advertising techniques, the 50's have remained memorable decades after its passing. Its styles and morals have continued to be an inspiration and find admiration even in today's life.
The 2000's. Technicolor, Technological, Techno-you-name-it. The 2000s completely re-mastered modern living. iPhones, emails, Jason Derulo -
With such drastic differences, how could the 1950s and the 2000s be even remotely the same? Taking a closer look into gender roles, familial structures, and social norms, we discover the similarities and differences between these two eras.
We like to call the 50's "The Simpler Times." Romanticizing the past is fun and all, but if you look at some ideas of the time, the 50s may be better of referred to as the simple-minded times.
Gender roles, for example, were extremely limiting. Men were claimed as the alphas - they made the decisions, they went to college, they ran the businesses, they brought home the bacon. Meanwhile, women were handed the submissive end of the stick, being expected to stay home, cook, clean, and watch the children. Their highest option for education was attending finishing school, and even then, marriage was still pushed onto them to be their one true aspiration. Women who wanted more for themselves were claimed to be crazy. Perhaps not the wisest thing to say to those who handle the household knives.
Jumping to today's time, women have more options than ever. College is not only available for everyone now, it's insisted upon. Women can hold jobs of high power, and can have further aspirations than motherhood or wifely duties. In fact, many households are now dual-income as women branch out into the workforce.
However, as much progress as the 2000's have made, the 50's sexism has still found a way to stick around. Though women have more options for jobs, their pay is still 23% less than that of men's, even when they perform the same amount of work for the same amount of hours. Furthermore, women only are 15% of the fortune 500 CEOS. So while many accomplishments have been made for women in the workforce, we still have ways to go.
The 1950's family life was white picket fence perfection. It consisted of a daily routine of dad leaving for work while mom got the kids ready for school, cleaned the house, and began dinner. By the time dad came home, dinner was on the table and the family would sit down and enjoy conversation with each other. Men, again, were the alphas, and were seen as the head of the household. They ran the family checkbook, and made decisions for the family. Though women basically kept the house afloat, they were seen as substandard to their husbands. Sons were expected to follow in their father's footsteps of one day being successful businessmen with a lovely doting wife, while daughters were brought up learning how to one day be the perfect wife and mother.
Today, families can be incredibly diverse. Instead of just finding heterosexual couples, you can find single parents, step-parents, and gay couples all living their lives as families. More interracial couples are prevalent now, something that was once taboo in the 50's. Income provider role isn't set on one person, with many different variations available, and children of either sex are taught to want success in life, not just a marriage. Family lives overall these days lead to more open-minded, ambitious generations.
The 50's are probably most idealized for how they ran their social lives. The 50's are known for their time of drive-in-movie-dates, and their swell way of speaking. Physical affection during this time is always portrayed as very conservative - most couples even slept in separate beds. For high schoolers then, with communication means not quite so vast yet, speaking to friends meant meeting down at soda parlors or dancing while the jukebox played. These dances have become a trademark style of the era.
Insert the selfie generation. With iPhones and the Internet kicking off in the new millennium, new ways to communicate were invented faster than you could post a selfie. No longer limited to just phone calls, new forms of communication included, texting, instant messaging, social media sites, and web calls. Now, reaching your friends was just a send button away. New slang was developed among these times as well, including with a variety of -cough cough- interesting new acronyms and phrases.
We've come a long way since the 50's, and many things have improved for the better. Gender roles have opened up, familial settings have become more diverse, and social norms are adapting to this crazy, technology-driven life. Hmm. Just think what'll have changed in the next 60 years.
- published: 26 Sep 2014
- views: 56617
Chris Brown - Say Goodbye
Chris Brown's official music video for 'Say Goodbye'. Click to listen to Chris Brown on Spotify: http://smarturl.it/ChrisBSpot?IQid=CBSG
As featured on Chris B...
Chris Brown's official music video for 'Say Goodbye'. Click to listen to Chris Brown on Spotify: http://smarturl.it/ChrisBSpot?IQid=CBSG
As featured on Chris Brown. Click to buy the track or album via iTunes: http://smarturl.it/CBCBiTunes?IQid=CBSG
Google Play: http://smarturl.it/CBSGplay?IQid=CBSG
Amazon: http://smarturl.it/CBCBamz?IQid=CBSG
More from Chris Brown
Turn Up The Music: https://youtu.be/eQWG8BVeryU
Forever: https://youtu.be/5sMKX22BHeE
Yeah 3x: https://youtu.be/3mC2ixOAivA
Follow Chris Brown
Website: http://www.chrisbrownworld.com/
Facebook: https://www.facebook.com/chrisbrown
Twitter: https://twitter.com/chrisbrown
Instagram: https://instagram.com/chrisbrownofficial/
Subscribe to Chris Brown on YouTube: http://smarturl.it/ChrisBsub?IQid=CBSG
More great Hip Hop videos here: http://smarturl.it/HipHopUrban?IQid=CBSG
---------
Lyrics:
Look
We gotta talk
Dang, I know, I know
But it's, it's just some things I gotta get off my chest, alright?
Yeah, whoa
Listen
Baby, come here and sit down
Let's talk, I got a lot to say
So I guess I'll start by sayin' that I love you
But you know this thing ain't been a walk in the park (for us)
I swear it'll only take a minute
You'll understand when I finish, yeah
AndI don't want to see you cry
But I don't want to be the one to tell you a lie, so
How do you let go when you
You just don't know what's on
The other side of the door?
When you're walking out, talk about it, and
Everything I tried to remember to say
Just went out my head
So I'm a do the best I can to get you to understand
Cause I know
There's never a right time to say goodbye
But I gotta make the first move
Cause if I don't, you gonna start hating me
Cause I really don't feel the way I once felt about you
wn.com/Chris Brown Say Goodbye
Chris Brown's official music video for 'Say Goodbye'. Click to listen to Chris Brown on Spotify: http://smarturl.it/ChrisBSpot?IQid=CBSG
As featured on Chris Brown. Click to buy the track or album via iTunes: http://smarturl.it/CBCBiTunes?IQid=CBSG
Google Play: http://smarturl.it/CBSGplay?IQid=CBSG
Amazon: http://smarturl.it/CBCBamz?IQid=CBSG
More from Chris Brown
Turn Up The Music: https://youtu.be/eQWG8BVeryU
Forever: https://youtu.be/5sMKX22BHeE
Yeah 3x: https://youtu.be/3mC2ixOAivA
Follow Chris Brown
Website: http://www.chrisbrownworld.com/
Facebook: https://www.facebook.com/chrisbrown
Twitter: https://twitter.com/chrisbrown
Instagram: https://instagram.com/chrisbrownofficial/
Subscribe to Chris Brown on YouTube: http://smarturl.it/ChrisBsub?IQid=CBSG
More great Hip Hop videos here: http://smarturl.it/HipHopUrban?IQid=CBSG
---------
Lyrics:
Look
We gotta talk
Dang, I know, I know
But it's, it's just some things I gotta get off my chest, alright?
Yeah, whoa
Listen
Baby, come here and sit down
Let's talk, I got a lot to say
So I guess I'll start by sayin' that I love you
But you know this thing ain't been a walk in the park (for us)
I swear it'll only take a minute
You'll understand when I finish, yeah
AndI don't want to see you cry
But I don't want to be the one to tell you a lie, so
How do you let go when you
You just don't know what's on
The other side of the door?
When you're walking out, talk about it, and
Everything I tried to remember to say
Just went out my head
So I'm a do the best I can to get you to understand
Cause I know
There's never a right time to say goodbye
But I gotta make the first move
Cause if I don't, you gonna start hating me
Cause I really don't feel the way I once felt about you
- published: 25 Oct 2009
- views: 81557849
Financial Markets and the Economy: Energy Prices, Consumer Confidence - Alan Greenspan (2001)
In March 2008, Greenspan wrote an article for the Financial Times' Economists' Forum in which he said that the 2008-financial crisis in the United States is lik...
In March 2008, Greenspan wrote an article for the Financial Times' Economists' Forum in which he said that the 2008-financial crisis in the United States is likely to be judged as the most wrenching since the end of World War II. In it he argued: "We will never be able to anticipate all discontinuities in financial markets." He concluded: "It is important, indeed crucial, that any reforms in, and adjustments to, the structure of markets and regulation not inhibit our most reliable and effective safeguards against cumulative economic failure: market flexibility and open competition." The article attracted a number of critical responses from forum contributors, who, finding causation between Greenspan's policies and the discontinuities in financial markets that followed, criticized Greenspan mainly for what many believed to be his unbalanced and immovable ideological suppositions about global capitalism and free competitive markets. Notable critics included J. Bradford DeLong, Paul Krugman, Alice Rivlin, Michael Hudson, and Willem Buiter.[79]
Greenspan responded to his critics in a follow-up article in which he defended his ideology as applied to his conceptual and policy framework, which, among other things, prohibited him from exerting real pressure against the burgeoning housing bubble or, in his words, "leaning against the wind". Greenspan argued, "My view of the range of dispersion of outcomes has been shaken, but not my judgment that free competitive markets are by far the unrivaled way to organize economies." He concluded: "We have tried regulation ranging from heavy to central planning. None meaningfully worked. Do we wish to retest the evidence?"[80] The Financial Times associate editor and chief economics commentator, Martin Wolf, responded to the discussion with an article defending Greenspan primarily as a scapegoat for the market turmoil. Several notable contributors in defense of Greenspan included Stephen Roach, Allan Meltzer, and Robert Brusca.[81]
An October 15, 2008, article in the Washington Post analyzing the origins of the economic crisis claims that Greenspan vehemently opposed any regulation of derivatives, and actively sought to undermine the office of the Commodity Futures Trading Commission when the Commission sought to initiate regulation of derivatives. Meanwhile, Greenspan recommended improving mark-to-market regulations to avoid having derivatives or other complex assets marked to a distressed or illiquid market during times of material adverse conditions as seen during the late 2000s credit crisis.[82]
Greenspan was not alone in his opposition to derivatives regulation. In a 1999 government report that was a key driver in the passage of the Commodity Futures Modernization Act of 2000—legislation that clarified that most over-the-counter derivatives were outside the regulatory authority of any government agency—Greenspan was joined by Treasury Secretary Lawrence Summers, Securities and Exchange Commission Chairman Arthur Levitt, and Commodity Futures Trading Commission Chairman William Ranier in concluding that "under many circumstances, the trading of financial derivatives by eligible swap participants should be excluded from the CEA" (Commodity Exchange Act). Other government agencies also supported that view.[83]
In Congressional testimony on October 23, 2008, Greenspan acknowledged that he was "partially" wrong in opposing regulation and stated "Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity – myself especially – are in a state of shocked disbelief."[56] Referring to his free-market ideology, Greenspan said: "I have found a flaw. I don't know how significant or permanent it is. But I have been very distressed by that fact." Representative Henry Waxman (D-CA) then pressed him to clarify his words. "In other words, you found that your view of the world, your ideology, was not right, it was not working," Waxman said. "Absolutely, precisely," Greenspan replied. "You know, that's precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well."[84] Greenspan admitted fault[85] in opposing regulation of derivatives and acknowledged that financial institutions didn't protect shareholders and investments as well as he expected.
http://en.wikipedia.org/wiki/Alan_Greenspan
wn.com/Financial Markets And The Economy Energy Prices, Consumer Confidence Alan Greenspan (2001)
In March 2008, Greenspan wrote an article for the Financial Times' Economists' Forum in which he said that the 2008-financial crisis in the United States is likely to be judged as the most wrenching since the end of World War II. In it he argued: "We will never be able to anticipate all discontinuities in financial markets." He concluded: "It is important, indeed crucial, that any reforms in, and adjustments to, the structure of markets and regulation not inhibit our most reliable and effective safeguards against cumulative economic failure: market flexibility and open competition." The article attracted a number of critical responses from forum contributors, who, finding causation between Greenspan's policies and the discontinuities in financial markets that followed, criticized Greenspan mainly for what many believed to be his unbalanced and immovable ideological suppositions about global capitalism and free competitive markets. Notable critics included J. Bradford DeLong, Paul Krugman, Alice Rivlin, Michael Hudson, and Willem Buiter.[79]
Greenspan responded to his critics in a follow-up article in which he defended his ideology as applied to his conceptual and policy framework, which, among other things, prohibited him from exerting real pressure against the burgeoning housing bubble or, in his words, "leaning against the wind". Greenspan argued, "My view of the range of dispersion of outcomes has been shaken, but not my judgment that free competitive markets are by far the unrivaled way to organize economies." He concluded: "We have tried regulation ranging from heavy to central planning. None meaningfully worked. Do we wish to retest the evidence?"[80] The Financial Times associate editor and chief economics commentator, Martin Wolf, responded to the discussion with an article defending Greenspan primarily as a scapegoat for the market turmoil. Several notable contributors in defense of Greenspan included Stephen Roach, Allan Meltzer, and Robert Brusca.[81]
An October 15, 2008, article in the Washington Post analyzing the origins of the economic crisis claims that Greenspan vehemently opposed any regulation of derivatives, and actively sought to undermine the office of the Commodity Futures Trading Commission when the Commission sought to initiate regulation of derivatives. Meanwhile, Greenspan recommended improving mark-to-market regulations to avoid having derivatives or other complex assets marked to a distressed or illiquid market during times of material adverse conditions as seen during the late 2000s credit crisis.[82]
Greenspan was not alone in his opposition to derivatives regulation. In a 1999 government report that was a key driver in the passage of the Commodity Futures Modernization Act of 2000—legislation that clarified that most over-the-counter derivatives were outside the regulatory authority of any government agency—Greenspan was joined by Treasury Secretary Lawrence Summers, Securities and Exchange Commission Chairman Arthur Levitt, and Commodity Futures Trading Commission Chairman William Ranier in concluding that "under many circumstances, the trading of financial derivatives by eligible swap participants should be excluded from the CEA" (Commodity Exchange Act). Other government agencies also supported that view.[83]
In Congressional testimony on October 23, 2008, Greenspan acknowledged that he was "partially" wrong in opposing regulation and stated "Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity – myself especially – are in a state of shocked disbelief."[56] Referring to his free-market ideology, Greenspan said: "I have found a flaw. I don't know how significant or permanent it is. But I have been very distressed by that fact." Representative Henry Waxman (D-CA) then pressed him to clarify his words. "In other words, you found that your view of the world, your ideology, was not right, it was not working," Waxman said. "Absolutely, precisely," Greenspan replied. "You know, that's precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well."[84] Greenspan admitted fault[85] in opposing regulation of derivatives and acknowledged that financial institutions didn't protect shareholders and investments as well as he expected.
http://en.wikipedia.org/wiki/Alan_Greenspan
- published: 09 Feb 2015
- views: 133
First 2008 Presidential Debate Summary And Highlights You Decide Who Have The Edge And Who Will You Vote For ?
http://www.Uvote08.com Win $500 Tell us Who will you vote for
John Sidney McCain III (born August 29, 1936) is the senior United States Senator from Arizona...
http://www.Uvote08.com Win $500 Tell us Who will you vote for
John Sidney McCain III (born August 29, 1936) is the senior United States Senator from Arizona and presidential nominee of the Republican Party in the 2008 presidential election.
McCain graduated from the U.S. Naval Academy in 1958. He became a naval aviator, flying ground-attack aircraft from aircraft carriers. During the Vietnam War, he nearly lost his life in the 1967 USS Forrestal fire. Later that year while on a bombing mission over North Vietnam, he was shot down, badly injured, and captured as a prisoner of war by the North Vietnamese. He was held from 1967 to 1973, experiencing episodes of torture and refusing an out-of-sequence early repatriation offer; his war wounds left him with lifelong physical limitations.
He retired from the Navy as a captain in 1981, moved to Arizona, and entered politics. Elected to the U.S. House of Representatives in 1982, he served two terms, and was then elected to the U.S. Senate in 1986, winning re-election easily in 1992, 1998, and 2004. While generally adhering to conservative principles, McCain at times has had a media reputation as a "maverick" for disagreeing with his party on several key issues. After being investigated and largely exonerated in a political influence scandal of the 1980s as a member of the "Keating Five," he made campaign finance reform one of his signature concerns, which eventually led to the passage of the McCain-Feingold Act in 2002. He is also known for his work towards restoring diplomatic relations with Vietnam in the 1990s, and for his belief that the war in Iraq should be fought to a successful conclusion in the 2000s. McCain has chaired the Senate Commerce Committee, has opposed pork barrel spending, and played a key role in alleviating a crisis over judicial nominations.
McCain lost his bid for the Republican nomination in the 2000 presidential election to George W. Bush. He ran again for the Republican presidential nomination in 2008, and gained enough delegates to become the party's presumptive nominee in March 2008. McCain was formally nominated at the 2008 Republican National Convention in September 2008, together with his chosen running mate from Alaska, Governor Sarah Palin.
Barack Hussein Obama II (pronounced /bəˈrɑːk hʊˈseɪn oʊˈbɑːmə/; born August 4, 1961) is the junior United States Senator from Illinois and presidential nominee of the Democratic Party in the 2008 general election.
Obama is the first African American to be nominated by a major political party for president.[1] A graduate of Columbia University and Harvard Law School, where he served as president of the Harvard Law Review, Obama worked as a community organizer and practiced as a civil rights attorney before serving in the Illinois Senate from 1997 to 2004. He taught constitutional law at the University of Chicago Law School from 1992 to 2004. Following an unsuccessful bid for a seat in the U.S. House of Representatives in 2000, he announced his campaign for the U.S. Senate in January 2003. After a primary victory in March 2004, Obama delivered the keynote address at the Democratic National Convention in July 2004. He was elected to the Senate in November 2004 with 70% of the vote.
As a member of the Democratic minority in the 109th Congress, he helped create legislation to control conventional weapons and to promote greater public accountability in the use of federal funds. He also made official trips to Eastern Europe, the Middle East, and Africa. During the 110th Congress, he helped create legislation regarding lobbying and electoral fraud, climate change, nuclear terrorism, and care for returned U.S. military personnel. After announcing his presidential campaign in February 2007, Obama emphasized withdrawing American troops from Iraq, energy independence, decreasing the influence of lobbyists, and promoting universal health care as top national priorities.
wn.com/First 2008 Presidential Debate Summary And Highlights You Decide Who Have The Edge And Who Will You Vote For
http://www.Uvote08.com Win $500 Tell us Who will you vote for
John Sidney McCain III (born August 29, 1936) is the senior United States Senator from Arizona and presidential nominee of the Republican Party in the 2008 presidential election.
McCain graduated from the U.S. Naval Academy in 1958. He became a naval aviator, flying ground-attack aircraft from aircraft carriers. During the Vietnam War, he nearly lost his life in the 1967 USS Forrestal fire. Later that year while on a bombing mission over North Vietnam, he was shot down, badly injured, and captured as a prisoner of war by the North Vietnamese. He was held from 1967 to 1973, experiencing episodes of torture and refusing an out-of-sequence early repatriation offer; his war wounds left him with lifelong physical limitations.
He retired from the Navy as a captain in 1981, moved to Arizona, and entered politics. Elected to the U.S. House of Representatives in 1982, he served two terms, and was then elected to the U.S. Senate in 1986, winning re-election easily in 1992, 1998, and 2004. While generally adhering to conservative principles, McCain at times has had a media reputation as a "maverick" for disagreeing with his party on several key issues. After being investigated and largely exonerated in a political influence scandal of the 1980s as a member of the "Keating Five," he made campaign finance reform one of his signature concerns, which eventually led to the passage of the McCain-Feingold Act in 2002. He is also known for his work towards restoring diplomatic relations with Vietnam in the 1990s, and for his belief that the war in Iraq should be fought to a successful conclusion in the 2000s. McCain has chaired the Senate Commerce Committee, has opposed pork barrel spending, and played a key role in alleviating a crisis over judicial nominations.
McCain lost his bid for the Republican nomination in the 2000 presidential election to George W. Bush. He ran again for the Republican presidential nomination in 2008, and gained enough delegates to become the party's presumptive nominee in March 2008. McCain was formally nominated at the 2008 Republican National Convention in September 2008, together with his chosen running mate from Alaska, Governor Sarah Palin.
Barack Hussein Obama II (pronounced /bəˈrɑːk hʊˈseɪn oʊˈbɑːmə/; born August 4, 1961) is the junior United States Senator from Illinois and presidential nominee of the Democratic Party in the 2008 general election.
Obama is the first African American to be nominated by a major political party for president.[1] A graduate of Columbia University and Harvard Law School, where he served as president of the Harvard Law Review, Obama worked as a community organizer and practiced as a civil rights attorney before serving in the Illinois Senate from 1997 to 2004. He taught constitutional law at the University of Chicago Law School from 1992 to 2004. Following an unsuccessful bid for a seat in the U.S. House of Representatives in 2000, he announced his campaign for the U.S. Senate in January 2003. After a primary victory in March 2004, Obama delivered the keynote address at the Democratic National Convention in July 2004. He was elected to the Senate in November 2004 with 70% of the vote.
As a member of the Democratic minority in the 109th Congress, he helped create legislation to control conventional weapons and to promote greater public accountability in the use of federal funds. He also made official trips to Eastern Europe, the Middle East, and Africa. During the 110th Congress, he helped create legislation regarding lobbying and electoral fraud, climate change, nuclear terrorism, and care for returned U.S. military personnel. After announcing his presidential campaign in February 2007, Obama emphasized withdrawing American troops from Iraq, energy independence, decreasing the influence of lobbyists, and promoting universal health care as top national priorities.
- published: 04 Oct 2008
- views: 10180
Ethanol Report / Stone Phillips MSNBC Dateline Anchor
This report aired Dateline Sunday, May 7, 2006 of an interview with Vinod Khosla,
-------------------------
born 28 January 1955) is an Indian-born American ...
This report aired Dateline Sunday, May 7, 2006 of an interview with Vinod Khosla,
-------------------------
born 28 January 1955) is an Indian-born American venture capitalist and an influential personality in Silicon Valley.
Khosla was one of the co-founders of Sun Microsystems, where he would serve as its first CEO & Chairman in the early 1980s. In 1986, he became a general partner of the venture capital firm Kleiner Perkins Caufield & Byers, where he would remain through the early 2000s. (From Wikipedia, the free encyclopedia).
In 2004 Khosla formed his own firm, Khosla Ventures, which focused on venture investments in various technology sectors, most notably clean technology.
-------------------------
(Quote from written report, by Stone Phillips Dateline anchor:), "Pain at the pump is the price of this country's addiction to oil. Americans are feeling it intensely—outraged over oil company profits, fearful that another hurricane in the gulf, or a terror attack in the Middle East is all it would take to send prices even higher."
But what if there was one solution to all of this? Something that could solve America's energy crisis, strengthen our national security, and help save the planet at the same time? © 2011 MSNBC
------------------------
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use
wn.com/Ethanol Report Stone Phillips Msnbc Dateline Anchor
This report aired Dateline Sunday, May 7, 2006 of an interview with Vinod Khosla,
-------------------------
born 28 January 1955) is an Indian-born American venture capitalist and an influential personality in Silicon Valley.
Khosla was one of the co-founders of Sun Microsystems, where he would serve as its first CEO & Chairman in the early 1980s. In 1986, he became a general partner of the venture capital firm Kleiner Perkins Caufield & Byers, where he would remain through the early 2000s. (From Wikipedia, the free encyclopedia).
In 2004 Khosla formed his own firm, Khosla Ventures, which focused on venture investments in various technology sectors, most notably clean technology.
-------------------------
(Quote from written report, by Stone Phillips Dateline anchor:), "Pain at the pump is the price of this country's addiction to oil. Americans are feeling it intensely—outraged over oil company profits, fearful that another hurricane in the gulf, or a terror attack in the Middle East is all it would take to send prices even higher."
But what if there was one solution to all of this? Something that could solve America's energy crisis, strengthen our national security, and help save the planet at the same time? © 2011 MSNBC
------------------------
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use
- published: 22 Jul 2011
- views: 1244
Jordin Sparks, Chris Brown - No Air (Official Video) ft. Chris Brown
Jordin Sparks' official music video for 'No Air' ft. Chris Brown. Click to listen to Jordin Sparks on Spotify: http://smarturl.it/JordinSSpotify?IQid=JordinSNA
...
Jordin Sparks' official music video for 'No Air' ft. Chris Brown. Click to listen to Jordin Sparks on Spotify: http://smarturl.it/JordinSSpotify?IQid=JordinSNA
As featured on Jordin Sparks. Click to buy the track or album via
iTunes: http://smarturl.it/JSAlbum?IQid=JordinSNA
Google Play: http://smarturl.it/NAGPlay?IQid=JordinSNA
Amazon: http://smarturl.it/JordinSAmazon?IQid=JordinSNA
More From Jordin Sparks
No Air: https://youtu.be/WBKnpyoFEBo
Battlefield: https://youtu.be/suPlYwJ3YvM
One Step At A Time: https://youtu.be/PIE5QtkxzvM
More great Classic RnB videos here: http://smarturl.it/ClassicRNB?IQid=JordinSNA
Follow Jordin Sparks
Website: https://www.jordinsparks.com/
Facebook: https://www.facebook.com/jordinsparks
Twitter: https://twitter.com/jordinsparks
Instagram: https://instagram.com/jordinsparks/
Subscribe to Jordin Sparks on YouTube: http://smarturl.it/JordinSSub?IQid=JordinSNA
---------
Lyrics:
Tell me how I'm supposed to breathe with no air
If I should die before I wake
It's 'cause you took my breath away
Losing you is like living in a world with no air
Oh
I'm here alone, didn't wanna leave
My heart won't move, it's incomplete
Wish there was a way that I can make you understand
But how do you expect me
to live alone with just me
'Cause my world revolves around you
It's so hard for me to breathe
Tell me how I'm supposed to breathe with no air
Can't live, can't breathe with no air
It's how I feel whenever you ain't there
It's no air, no air
Got me out here in the water so deep
Tell me how you gonna be without me
If you ain't here, I just can't breathe
It's no air, no air
wn.com/Jordin Sparks, Chris Brown No Air (Official Video) Ft. Chris Brown
Jordin Sparks' official music video for 'No Air' ft. Chris Brown. Click to listen to Jordin Sparks on Spotify: http://smarturl.it/JordinSSpotify?IQid=JordinSNA
As featured on Jordin Sparks. Click to buy the track or album via
iTunes: http://smarturl.it/JSAlbum?IQid=JordinSNA
Google Play: http://smarturl.it/NAGPlay?IQid=JordinSNA
Amazon: http://smarturl.it/JordinSAmazon?IQid=JordinSNA
More From Jordin Sparks
No Air: https://youtu.be/WBKnpyoFEBo
Battlefield: https://youtu.be/suPlYwJ3YvM
One Step At A Time: https://youtu.be/PIE5QtkxzvM
More great Classic RnB videos here: http://smarturl.it/ClassicRNB?IQid=JordinSNA
Follow Jordin Sparks
Website: https://www.jordinsparks.com/
Facebook: https://www.facebook.com/jordinsparks
Twitter: https://twitter.com/jordinsparks
Instagram: https://instagram.com/jordinsparks/
Subscribe to Jordin Sparks on YouTube: http://smarturl.it/JordinSSub?IQid=JordinSNA
---------
Lyrics:
Tell me how I'm supposed to breathe with no air
If I should die before I wake
It's 'cause you took my breath away
Losing you is like living in a world with no air
Oh
I'm here alone, didn't wanna leave
My heart won't move, it's incomplete
Wish there was a way that I can make you understand
But how do you expect me
to live alone with just me
'Cause my world revolves around you
It's so hard for me to breathe
Tell me how I'm supposed to breathe with no air
Can't live, can't breathe with no air
It's how I feel whenever you ain't there
It's no air, no air
Got me out here in the water so deep
Tell me how you gonna be without me
If you ain't here, I just can't breathe
It's no air, no air
- published: 03 Oct 2009
- views: 113989863
Nice Christmas Decorations in Europe
Free video about Christmas decoration. This free video was created for you by http://epsos.de and can be used for free under the creative commons license with t...
Free video about Christmas decoration. This free video was created for you by http://epsos.de and can be used for free under the creative commons license with the attribution of epSos.de as the original author of this Christmas decoration video.
Thank you for supporting the creative commons movement !!
Christmas decoration or Christmas decorations is the optical design inside and outside of closed rooms with (pre-) christmas typical objects. Shops and department stores usually begin before the end of September beginning of October with the advertising of Christmas and sale of relevant products. Traditionally, most Christmas decoration but will "only" for Advent constructed Advent Calendar December. Christmas decorations confined largely to earlier decoration within enclosed spaces: So were about Christmas pyramid, Christmas stockings or Christmas wreath already built during the Advent season. On Christmas Eve itself was and still is the festively decorated Christmas tree the central Christmas decoration ( Christmas tree ornament ), many households also known as a Nativity scene.
In recent years, the scope of the Christmas decoration has significantly increased outside of enclosed areas. On the one hand, there are now very many inner cities and in other shopping areas Christmas decoration in the form of illuminated Christmas trees or light objects frequently Christmas motifs represent (so-called Christmas lights ). Among the oldest lights look include the " Essen Light Weeks ", the present light motifs in December 1950 in the run up to Christmas.
Following the US model is also available in Europe called "Christmas Houses", where, where and in whose vicinity decorations of all kinds are attached. The "Christmas House" in Calle is probably with 420,000 electric lights, the light intense object of this type in Germany. The first Christmas decorations are already up in the second half of November, they are often degraded until early to mid-January.
The Christmas decoration is the decoration is done in the home and in the cities during the time of Christmas and Advent. The most characteristic feature in homes is the nativity scene and Christmas tree. In cities usually lights bulbs that resemble various Christmas themes. Under the Christmas decorations at home find a variety of items, one of the most classic is the crib which has a great tradition in countries Christians.
There are other legends that seek to explain the origin of the tree, like a priest who lived 400 years ago in Alsace and every Christmas Eve distributed food, clothing and money to the poor. One day, the priest admired the beautiful night and came gifts hanging on the branches of a fir tree that was close to the church and the poor could enjoy the evening as they gathered under the tree to interpret sacred songs. It was so nice meeting you since the tree was the center of the Christmas celebration.
Another legend is set in England in the eighteenth century, under the reign of George III. It is said that Charlotte, the wife of the king, was known for his kindness to his subjects, and in 1765 decided to put in one of the largest halls of the palace, a Easter tree decorated with garlands, lights, toys and plenty gift.
There is also a legend of a child during a cold winter night sought refuge in the house of a woodcutter and his wife. The elderly couple received him kindly and gave him food. At dusk, the child became an angel dressed in gold: it was the baby Jesus. To reward the generosity of the elderly, the boy took a pine branch and told them that planted, indicating that each year would give them fruit. And every Christmas, the tree gave them golden apples and nuts of silver.
Since the early twentieth century has begun to use the furniture in the big cities to recreate the atmosphere of the interior of homes, all these decorations are often based on the lights produced by multiple bulbs colors, all reveling in feral forms: trees christmas, christmas stars, etc. Many of these lights are sponsored by the malls and Christmas markets. The first urban holiday decorations were made in the city of Essen.
Thanks to technological changes and the popularization of light sources based on LEDs or Light Emitting Diodes, since the early 2000s the trend has been to replace the traditional incandescent bulb type Edison bulbs for LEDs that reduce to less than one third the power consumption. Inside the tendency to fight the energy crisis we are facing, there are some initiatives that are beginning to look for alternative sources of energy to reduce electricity consumption, rising to create fully autonomous products in some cases.
Thank you for supporting the creative commons movement !!
wn.com/Nice Christmas Decorations In Europe
Free video about Christmas decoration. This free video was created for you by http://epsos.de and can be used for free under the creative commons license with the attribution of epSos.de as the original author of this Christmas decoration video.
Thank you for supporting the creative commons movement !!
Christmas decoration or Christmas decorations is the optical design inside and outside of closed rooms with (pre-) christmas typical objects. Shops and department stores usually begin before the end of September beginning of October with the advertising of Christmas and sale of relevant products. Traditionally, most Christmas decoration but will "only" for Advent constructed Advent Calendar December. Christmas decorations confined largely to earlier decoration within enclosed spaces: So were about Christmas pyramid, Christmas stockings or Christmas wreath already built during the Advent season. On Christmas Eve itself was and still is the festively decorated Christmas tree the central Christmas decoration ( Christmas tree ornament ), many households also known as a Nativity scene.
In recent years, the scope of the Christmas decoration has significantly increased outside of enclosed areas. On the one hand, there are now very many inner cities and in other shopping areas Christmas decoration in the form of illuminated Christmas trees or light objects frequently Christmas motifs represent (so-called Christmas lights ). Among the oldest lights look include the " Essen Light Weeks ", the present light motifs in December 1950 in the run up to Christmas.
Following the US model is also available in Europe called "Christmas Houses", where, where and in whose vicinity decorations of all kinds are attached. The "Christmas House" in Calle is probably with 420,000 electric lights, the light intense object of this type in Germany. The first Christmas decorations are already up in the second half of November, they are often degraded until early to mid-January.
The Christmas decoration is the decoration is done in the home and in the cities during the time of Christmas and Advent. The most characteristic feature in homes is the nativity scene and Christmas tree. In cities usually lights bulbs that resemble various Christmas themes. Under the Christmas decorations at home find a variety of items, one of the most classic is the crib which has a great tradition in countries Christians.
There are other legends that seek to explain the origin of the tree, like a priest who lived 400 years ago in Alsace and every Christmas Eve distributed food, clothing and money to the poor. One day, the priest admired the beautiful night and came gifts hanging on the branches of a fir tree that was close to the church and the poor could enjoy the evening as they gathered under the tree to interpret sacred songs. It was so nice meeting you since the tree was the center of the Christmas celebration.
Another legend is set in England in the eighteenth century, under the reign of George III. It is said that Charlotte, the wife of the king, was known for his kindness to his subjects, and in 1765 decided to put in one of the largest halls of the palace, a Easter tree decorated with garlands, lights, toys and plenty gift.
There is also a legend of a child during a cold winter night sought refuge in the house of a woodcutter and his wife. The elderly couple received him kindly and gave him food. At dusk, the child became an angel dressed in gold: it was the baby Jesus. To reward the generosity of the elderly, the boy took a pine branch and told them that planted, indicating that each year would give them fruit. And every Christmas, the tree gave them golden apples and nuts of silver.
Since the early twentieth century has begun to use the furniture in the big cities to recreate the atmosphere of the interior of homes, all these decorations are often based on the lights produced by multiple bulbs colors, all reveling in feral forms: trees christmas, christmas stars, etc. Many of these lights are sponsored by the malls and Christmas markets. The first urban holiday decorations were made in the city of Essen.
Thanks to technological changes and the popularization of light sources based on LEDs or Light Emitting Diodes, since the early 2000s the trend has been to replace the traditional incandescent bulb type Edison bulbs for LEDs that reduce to less than one third the power consumption. Inside the tendency to fight the energy crisis we are facing, there are some initiatives that are beginning to look for alternative sources of energy to reduce electricity consumption, rising to create fully autonomous products in some cases.
Thank you for supporting the creative commons movement !!
- published: 08 Nov 2014
- views: 642
Laissez-Faire Capitalism Is Over: Nicolas Sarkozy on the Global Financial Crisis (2008)
Nicolas Sarkozy, born Nicolas Paul Stéphane Sarközy de Nagy-Bocsa; 28 January 1955) is a French politician who served as the President of France and Co-prince o...
Nicolas Sarkozy, born Nicolas Paul Stéphane Sarközy de Nagy-Bocsa; 28 January 1955) is a French politician who served as the President of France and Co-prince of Andorra from 16 May 2007 until 15 May 2012.
Before his presidency, he was the leader of the Union for a Popular Movement (UMP) party. During Jacques Chirac's second presidential term he served as Minister of the Interior in Jean-Pierre Raffarin's (UMP) first two governments (from May 2002 to March 2004), then was appointed Minister of Finances in Raffarin's last government (March 2004 to May 2005) and again Minister of the Interior in Dominique de Villepin's government (2005–2007).
Sarkozy was also president of the General council of the Hauts-de-Seine department from 2004 to 2007 and mayor of Neuilly-sur-Seine, one of the wealthiest communes of France, from 1983 to 2002. He was Minister of the Budget in the government of Édouard Balladur (RPR, predecessor of the UMP) during François Mitterrand's last term.
In foreign affairs, he promised a strengthening of the entente cordiale with the United Kingdom[1] and closer cooperation with the United States.[2] During his term, he faced the late-2000s financial crisis (followed by the recession and the debt crisis caused by it) and the Arab Spring (especially in Tunisia, Libya, and Syria). He married Italian-French singer-songwriter Carla Bruni on 2 February 2008 at the Élysée Palace in Paris.
On 6 May 2012, Sarkozy was defeated in the 2012 election by Socialist François Hollande by a margin of 3.2 percentage points, or 1,139,983 votes.[3] After leaving the office, Sarkozy retired from political life.[4] As a former president, Sarkozy is entitled to ex officio membership in the Constitutional Council.
On 2 July 2014, Sarkozy was criminally charged with corruption by French prosecutors.
On 23 July 2008, parliament voted the "loi de modernisation de l'économie" (Modernization of the Economy Law) which loosened restrictions on retail prices and reduced limitations on the creation of businesses. The Government has also made changes to long-standing French work-hour regulations, allowing employers to negotiate overtime with employees and making all hours worked past the traditional French 35-hour week tax-free.[75]
However, as a result of the global financial crisis that came to a head in September 2008, Sarkozy has returned to the state interventionism of his predecessors, declaring that "laissez-faire capitalism is over" and denouncing the "dictatorship of the market". Confronted with the suggestion that he had become a socialist, he responded: "Have I become socialist? Perhaps." He has also pledged to create 100,000 state-subsidised jobs.[76] This reversion to dirigisme is seen as an attempt to stem the growing popularity of revolutionary socialist leader Olivier Besancenot.
Sarkozy wielded special international power when France held the rotating EU Council Presidency from July 2008 through December 2008. Sarkozy has publicly stated his intention to attain EU approval of a progressive energy package before the end of his EU Presidency. This energy package would clearly define climate change objectives for the EU and hold members to specific reductions in emissions. In further support of his collaborative outlook on climate change, Sarkozy has led the EU into a partnership with China.[78] On 6 December 2008, Nicolas Sarkozy, as part of France's then presidency of the Council of the EU, met the Dalai Lama in Poland and outraged China, which has announced that it would postpone the China-EU summit indefinitely.[79] On 3 April 2009, at the NATO Summit in Strasbourg, Sarkozy announced that France would offer asylum to a former Guantanamo captive.[80][81] "We are on the path to failure if we continue to act as we have", French President Nicolas Sarkozy cautioned at the U.N. Climate Summit on 22 September 2009.
https://en.wikipedia.org/wiki/Nicolas_Sarkozy
wn.com/Laissez Faire Capitalism Is Over Nicolas Sarkozy On The Global Financial Crisis (2008)
Nicolas Sarkozy, born Nicolas Paul Stéphane Sarközy de Nagy-Bocsa; 28 January 1955) is a French politician who served as the President of France and Co-prince of Andorra from 16 May 2007 until 15 May 2012.
Before his presidency, he was the leader of the Union for a Popular Movement (UMP) party. During Jacques Chirac's second presidential term he served as Minister of the Interior in Jean-Pierre Raffarin's (UMP) first two governments (from May 2002 to March 2004), then was appointed Minister of Finances in Raffarin's last government (March 2004 to May 2005) and again Minister of the Interior in Dominique de Villepin's government (2005–2007).
Sarkozy was also president of the General council of the Hauts-de-Seine department from 2004 to 2007 and mayor of Neuilly-sur-Seine, one of the wealthiest communes of France, from 1983 to 2002. He was Minister of the Budget in the government of Édouard Balladur (RPR, predecessor of the UMP) during François Mitterrand's last term.
In foreign affairs, he promised a strengthening of the entente cordiale with the United Kingdom[1] and closer cooperation with the United States.[2] During his term, he faced the late-2000s financial crisis (followed by the recession and the debt crisis caused by it) and the Arab Spring (especially in Tunisia, Libya, and Syria). He married Italian-French singer-songwriter Carla Bruni on 2 February 2008 at the Élysée Palace in Paris.
On 6 May 2012, Sarkozy was defeated in the 2012 election by Socialist François Hollande by a margin of 3.2 percentage points, or 1,139,983 votes.[3] After leaving the office, Sarkozy retired from political life.[4] As a former president, Sarkozy is entitled to ex officio membership in the Constitutional Council.
On 2 July 2014, Sarkozy was criminally charged with corruption by French prosecutors.
On 23 July 2008, parliament voted the "loi de modernisation de l'économie" (Modernization of the Economy Law) which loosened restrictions on retail prices and reduced limitations on the creation of businesses. The Government has also made changes to long-standing French work-hour regulations, allowing employers to negotiate overtime with employees and making all hours worked past the traditional French 35-hour week tax-free.[75]
However, as a result of the global financial crisis that came to a head in September 2008, Sarkozy has returned to the state interventionism of his predecessors, declaring that "laissez-faire capitalism is over" and denouncing the "dictatorship of the market". Confronted with the suggestion that he had become a socialist, he responded: "Have I become socialist? Perhaps." He has also pledged to create 100,000 state-subsidised jobs.[76] This reversion to dirigisme is seen as an attempt to stem the growing popularity of revolutionary socialist leader Olivier Besancenot.
Sarkozy wielded special international power when France held the rotating EU Council Presidency from July 2008 through December 2008. Sarkozy has publicly stated his intention to attain EU approval of a progressive energy package before the end of his EU Presidency. This energy package would clearly define climate change objectives for the EU and hold members to specific reductions in emissions. In further support of his collaborative outlook on climate change, Sarkozy has led the EU into a partnership with China.[78] On 6 December 2008, Nicolas Sarkozy, as part of France's then presidency of the Council of the EU, met the Dalai Lama in Poland and outraged China, which has announced that it would postpone the China-EU summit indefinitely.[79] On 3 April 2009, at the NATO Summit in Strasbourg, Sarkozy announced that France would offer asylum to a former Guantanamo captive.[80][81] "We are on the path to failure if we continue to act as we have", French President Nicolas Sarkozy cautioned at the U.N. Climate Summit on 22 September 2009.
https://en.wikipedia.org/wiki/Nicolas_Sarkozy
- published: 07 Jul 2015
- views: 165
Women in Finance and the Economic Recovery: Elizabeth Warren (2010)
United States policy responses to the late-2000s recession explores legislation, banking industry and market volatility within retirement plans.
The Federal Re...
United States policy responses to the late-2000s recession explores legislation, banking industry and market volatility within retirement plans.
The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19 to intervene in the crisis caused by the late-2000s recession. To stop the potential run on money market mutual funds, the Treasury also announced on September 19 a new $50 billion program to insure the investments, similar to the Federal Deposit Insurance Corporation (FDIC) program.[1] Part of the announcements included temporary exceptions to section 23A and 23B (Regulation W), allowing financial groups to more easily share funds within their group. The exceptions would expire on January 30, 2009, unless extended by the Federal Reserve Board.[2] The Securities and Exchange Commission announced termination of short-selling of 799 financial stocks, as well as action against naked short selling, as part of its reaction to the mortgage crisis.[3]
The Secretary of the United States Treasury, Henry Paulson and President George W. Bush proposed legislation for the government to purchase up to US$700 billion of "troubled mortgage-related assets" from financial firms in hopes of improving confidence in the mortgage-backed securities markets and the financial firms participating in it.[10] Discussion, hearings and meetings among legislative leaders and the administration later made clear that the proposal would undergo significant change before it could be approved by Congress.[11] On October 1, a revised compromise version was approved by the Senate with a 74--25 vote. The bill, HR1424 was passed by the House on October 3, 2008 and signed into law. The first half of the bailout money was primarily used to buy preferred stock in banks instead of troubled mortgage assets.[12]
In January 2009, the Obama administration announced a stimulus plan to revive the economy with the intention to create or save more than 3.6 million jobs in two years. The cost of this initial recovery plan was estimated at 825 billion dollars (5.8% of GDP). The plan included 365.5 billion dollars to be spent on major policy and reform of the health system, 275 billion (through tax rebates) to be redistributed to households and firms, notably those investing in renewable energy, 94 billion to be dedicated to social assistance for the unemployed and families, 87 billion of direct assistance to states to help them finance health expenditures of Medicaid, and finally 13 billion spent to improve access to digital technologies. The administration also attributed of 13.4 billion dollars aid to automobile manufacturers General Motors and Chrysler, but this plan is not included in the stimulus plan.
These plans are meant to abate further economic contraction, however, with the present economic conditions differing from past recessions, in, that, many tenets of the American economy such as manufacturing, textiles, and technological development have been outsourced to other countries. Public works projects associated with the economic recovery plan outlined by the Obama Administration have been degraded by the lack of road and bridge development projects that were highly abundant in the Great Depression but are now mostly constructed and are mostly in need of maintenance. Regulations to establish market stability and confidence have been neglected in the Obama plan and have yet to be incorporated.
In an effort to increase available funds for commercial banks and lower the fed funds rate, on September 29, 2008 the U.S. Federal Reserve announced plans to double its Term Auction Facility to $300 billion. Because there appeared to be a shortage of U.S. dollars in Europe at that time, the Federal Reserve also announced it would increase its swap facilities with foreign central banks from $290 billion to $620 billion.
http://en.wikipedia.org/wiki/United_States_policy_responses_to_the_Great_Recession
wn.com/Women In Finance And The Economic Recovery Elizabeth Warren (2010)
United States policy responses to the late-2000s recession explores legislation, banking industry and market volatility within retirement plans.
The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19 to intervene in the crisis caused by the late-2000s recession. To stop the potential run on money market mutual funds, the Treasury also announced on September 19 a new $50 billion program to insure the investments, similar to the Federal Deposit Insurance Corporation (FDIC) program.[1] Part of the announcements included temporary exceptions to section 23A and 23B (Regulation W), allowing financial groups to more easily share funds within their group. The exceptions would expire on January 30, 2009, unless extended by the Federal Reserve Board.[2] The Securities and Exchange Commission announced termination of short-selling of 799 financial stocks, as well as action against naked short selling, as part of its reaction to the mortgage crisis.[3]
The Secretary of the United States Treasury, Henry Paulson and President George W. Bush proposed legislation for the government to purchase up to US$700 billion of "troubled mortgage-related assets" from financial firms in hopes of improving confidence in the mortgage-backed securities markets and the financial firms participating in it.[10] Discussion, hearings and meetings among legislative leaders and the administration later made clear that the proposal would undergo significant change before it could be approved by Congress.[11] On October 1, a revised compromise version was approved by the Senate with a 74--25 vote. The bill, HR1424 was passed by the House on October 3, 2008 and signed into law. The first half of the bailout money was primarily used to buy preferred stock in banks instead of troubled mortgage assets.[12]
In January 2009, the Obama administration announced a stimulus plan to revive the economy with the intention to create or save more than 3.6 million jobs in two years. The cost of this initial recovery plan was estimated at 825 billion dollars (5.8% of GDP). The plan included 365.5 billion dollars to be spent on major policy and reform of the health system, 275 billion (through tax rebates) to be redistributed to households and firms, notably those investing in renewable energy, 94 billion to be dedicated to social assistance for the unemployed and families, 87 billion of direct assistance to states to help them finance health expenditures of Medicaid, and finally 13 billion spent to improve access to digital technologies. The administration also attributed of 13.4 billion dollars aid to automobile manufacturers General Motors and Chrysler, but this plan is not included in the stimulus plan.
These plans are meant to abate further economic contraction, however, with the present economic conditions differing from past recessions, in, that, many tenets of the American economy such as manufacturing, textiles, and technological development have been outsourced to other countries. Public works projects associated with the economic recovery plan outlined by the Obama Administration have been degraded by the lack of road and bridge development projects that were highly abundant in the Great Depression but are now mostly constructed and are mostly in need of maintenance. Regulations to establish market stability and confidence have been neglected in the Obama plan and have yet to be incorporated.
In an effort to increase available funds for commercial banks and lower the fed funds rate, on September 29, 2008 the U.S. Federal Reserve announced plans to double its Term Auction Facility to $300 billion. Because there appeared to be a shortage of U.S. dollars in Europe at that time, the Federal Reserve also announced it would increase its swap facilities with foreign central banks from $290 billion to $620 billion.
http://en.wikipedia.org/wiki/United_States_policy_responses_to_the_Great_Recession
- published: 12 Sep 2013
- views: 260
Powerthirst
You can watch the Picnicface TV show online now! (in Canada) http://www.cravetv.ca/show/34911...
You can watch the Picnicface TV show online now! (in Canada) http://www.cravetv.ca/show/34911
wn.com/Powerthirst
You can watch the Picnicface TV show online now! (in Canada) http://www.cravetv.ca/show/34911
- published: 29 May 2007
- views: 29828260