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Keyword: spend

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  • German government plans to spend 93.6 billion euros on refugees by end 2020: Spiegel

    05/14/2016 3:42:25 PM PDT · by StCloudMoose · 21 replies
    reuters ^ | 5/14/16
    Germany's government expects to spend around 93.6 billion euros by the end of 2020 on costs related to the refugee crisis, a magazine said on Saturday, citing a draft from the federal finance ministry for negotiations with the country's 16 states. The figure is likely to stoke concerns, particularly among growing anti-immigration movements, on the impact of new arrivals on Europe's largest economy which took in more than a million people last year, many from Syria and other war zones. The numbers arriving have fallen this year, helped by a deal between the European Union and Turkey that was designed...
  • Why Warren Buffett Is a World-Class Con Man

    12/01/2015 10:28:57 AM PST · by Vigilanteman · 13 replies
    InvestmentU.Com ^ | 1 December 2015 | George Everett
    Polls regularly show that investor Warren Buffett is one of the most trusted men in America. What a crock. The man is an imposter, a four-flusher and a humbug. And I can prove it. If you’re skeptical, maybe that’s because - like mushrooms - you’ve been kept in the dark and fed a lot of horse manure. Too many people believe what they hear in the mainstream media. They listen to the lying politicians - that’s 98% of them - in both parties. And they swallow a lot of nonsense from self-styled investment “experts.” (I’ll have a lot more to...
  • 90 Days: Treasury Says Debt Has Been Frozen at $18,112,975,000,000

    06/15/2015 10:19:03 AM PDT · by SaveFerris · 39 replies ^ | June 15, 2015 | 12:48 PM EDT | Terence P. Jeffrey
    ( - The portion of the federal debt that is subject to a legal limit set by Congress closed Thursday, June 11, at $18,112,975,000,000, according to the latest Daily Treasury Statement, which was published at 4:00 p.m. on Friday. That, according to the Treasury's statements, makes 90 straight days the debt subject to the limit has been frozen at $18,112,975,000,000. $18,112,975,000,000 is about $25 million below the current legal debt limit of $18,113,000,080,959.35.
  • Welcome To The Recovery: US Box Office Spend Plunges To Lowest Since 2000

    12/22/2014 7:26:22 PM PST · by Nachum · 80 replies
    zero headge ^ | 12/22/14 | tyler durden
    While the cancellation of 'The Interview' wiped billions off the US Box Office take in 2014 (), ticket sales in North America will total roughly $10.5 billion, according to The NY Times, the lowest since 2000 (after inflation). Regal Cinemas and AMX Theatres have seen profits collapse and Carmike Cinemas has plunged to a loss as major movie delays (from Pixar and Universal), "pirating" of several movies (The Expendables 3 and Annie) before their release, and studios suffering one dud after another (Warner Bros.) the 4% YoY decline - for what is ultimately an affordable luxury - suggests the gas-price-savings...
  • New building shows what legislators truly value: Themselves

    04/09/2014 4:44:45 AM PDT · by TurboZamboni · 8 replies
    Pioneer Press ^ | 4-9-14 | Joe Soucheray
    DFLers, who generally frown on grandeur as part of their ideology, are going to build themselves a marvelous new office building. They have been deaf to the idea that it is wasteful and that there are countless ways to accommodate the few of them who are going to be displaced by renovation work on the Capitol. To save a few bucks -- cutting it from $94 million to $77 million -- they claim they are going to eliminate an adjoining parking ramp. But that was to have been principally for the public anyway, and the public has been ignored in...
  • Tea Party Rally at Joe Biden Event in S.W. Ohio

    09/09/2012 7:28:01 PM PDT · by timestax · 87 replies
    September 9, 2012 | timestax
    Vice President Biden rolled into Milford, Ohio, Sunday,September 9, to speak at public Milford High School to a crowd of about 200 Democrats in the school cafeteria. The TEA PARTY was there to meet him, and his followers.
  • Let's Spend Together, Obama (Lyrics)

    08/17/2012 8:13:48 PM PDT · by ExxonPatrolUs
    Boredom | Now | Me
    I, I'm so in debt with you, Whatever you want to do, Is all taxed by me, 'Cause you make me feel so amused. I want to treat my wife on you. It seems the First, um, Lady, Since we've been together, We've been in debt forever, On a spending spreeeeeeeee. Y'all are the ones I keep running toooooo. You'll never be unscrewwwwwed. First Lady, let's, let's spend together, Taxing them whenever, whenever, Markets are good or bad, In the black, in the red. Ooooooooooooooooooooooh, Yaaaaaaaaah. Whenever markets are good or bad, In the black, in the red. Why, Mitt...
  • Budgetary shell games in Sacramento

    06/13/2012 2:12:21 PM PDT · by Mark Landsbaum · 3 replies
    Democrats say they can replace more than $1 billion in Gov. Jerry Browns cuts to programs for the poor. All they have to do is spend some of the states reserve and make a few accounting changes. Doesnt this sound eerily familiar? California state government has taxed and spent itself into successive budget deficits and then covered over the mess by snatching money from one pot to spill into another. This latest fix sounds like more of the same. And what could go wrong? ...
  • No way to fix a fiscal disconnect'

    05/14/2012 3:05:52 PM PDT · by Mark Landsbaum · 2 replies
    The Orange County Register ^ | 5-14-2012 | The Orange County Register Editorial Boarad
    Gov. Jerry Brown on Monday unveiled his revised budget for the coming fiscal year with twin pleas. He pleaded poverty and pleaded with voters to approve more taxes on the November ballot. Both pleas are curious. . .
  • Obamas "Responsible" Reno Homeowners - Are They?

    05/11/2012 2:19:19 PM PDT · by zeestephen · 8 replies
    CNBC ^ | 11 May 2012 | Diana Olick
    President Barack Obama visited Val and Paul Keller on Friday. They owe $168,000 on their mortgage. Their home is currently valued at $100,000. Obama forgot to mention something. At the peak of the market in 2007, the Keller's did a $250,000 cash-out refinance! Now they want Obama's help.
  • Dems say French, Greek votes good for them (Spend! Spend! Spend!)

    05/08/2012 2:54:03 PM PDT · by Signalman · 8 replies
    Washington Examiner ^ | 5/8/2012 | Paul Bedard
    Democrats say that the angry, anti-austerity elections this week that saw voters throw out reform-minded French and Greek leaders could be good news for them, a signal that their plan to spend billions more than the Republicans is a vote winner. Those elections confirm the position that many of us have taken, which is the most important thing right now is to sustain and nurture the very fragile economy, said Rep. Chris Van Hollen, D-Md., the ranking member of the House Budget Committee. While we have to develop and implement a long-term deficit reduction plan, we should be very careful...
  • Treasury dips into pension funds to avoid debt

    01/17/2012 6:54:19 PM PST · by John W · 110 replies · 1+ views
    Reuters ^ | January 17, 2012 | Reuters
    The Treasury on Tuesday started dipping into federal pension funds in order to give the Obama administration more credit to pay government bills. "I will be unable to invest fully" the federal employees retirement system fund beginning Tuesday, Treasury Secretary Timothy Geithner said in a letter to Democratic and Republican leaders in Congress. The House of Representatives is expected to vote on Wednesday on the Obama administration's request to raise the country's legal debt limit to $16.394 trillion.
  • Spend, Spend, Spend. Its the American Way (Americans spend while the world saves)

    01/16/2012 3:45:41 PM PST · by SeekAndFind · 4 replies
    New York Times ^ | 01/16/2012 | Robert J. Schiller
    GRIDLOCK in Congress implies that there wont be any collective decision to spend more as a nation to get out of our slump. Increases in deficit spending seem unlikely, and so does the balanced-budget stimulus Ive been advocating in this column. For now, we must pin our hopes for a robust recovery on the willingness of millions of consumers to spend substantially more. But what really drives consumer spending? Economists are reasonably good at divining how consumers tend to react to changes in government policy, but in the absence of such policy, and when the economy is in the doldrums,...
  • Obama: Pass jobs bill without 'division or delay'

    09/17/2011 1:10:18 PM PDT · by Eleutheria5 · 55 replies
    Aol News/AP ^ | 17/9/11 | Jim Kuhnhenn
    WASHINGTON -Doubling down on his economic agenda, President Barack Obama on Saturday kept up his appeal for public support of his $447 billion proposal to boost jobs and consumer spending, calling on Americans to press Congress to pass the legislation. In his weekly radio and Internet address, Obama reiterated a message that has become a central focus of his presidency amid stubbornly high unemployment numbers and dipping approval over his handling of the economy. The president announced his jobs legislation to a joint session of Congress last week and has since gone outside Washington to build a case for its...
  • Outsiders spend millions on Wisconsin recall elections

    08/09/2011 9:11:34 AM PDT · by Nachum · 22 replies
    Daily Caller ^ | 8/9/11 | Alexis Levinson
    In Wisconsin, six Republican state senators face recalls on Tuesday. And outside groups have sent enormous sums of money into the state in preparation. Local races rarely receive this much attention or this much out-of-state funding, but both liberal and conservative advocacy groups have decided theres enough at stake to prompt a tidal wave of outside support. ABC News reports that non-Wisconsin organizations have poured $25 million into the races so far. That figure came from the nonpartisan Wisconsin Democracy Campaign, which estimates that candidates
  • Federal Borrowing on Pace to Hit Debt Limit in Less Than Week

    04/20/2011 4:39:15 PM PDT · by Sub-Driver · 45 replies · 1+ views
    Federal Borrowing on Pace to Hit Debt Limit in Less Than Week Wednesday, April 20, 2011 By Terence P. Jeffrey ( - Federal borrowing is on pace to hit the legal limit on the national debt in less than a week. As set in a law passed by Congress and signed by President Barack Obama on Feb. 12, 2010, the legal limit on the national debt is $14.2940 trillion. As of the close of business Tuesday, according to the Daily Treasury Statement released at 4:00 pm today, the portion of the national debt subject to this legal limit was $...
  • Editorial: Time for real cutting, not more 'investing'

    01/28/2011 9:06:46 AM PST · by Mark Landsbaum · 6 replies
    Orange County Register ^ | 1-27-2011 | Mark Landsbaum
    In his State of the Union address, President Barack Obama suggested freezing spending on a small fraction of the federal budget and making a few cuts. But, as the National Taxpayers' Union calculated, the plan actually would add a net $21 billion in spending. And that's before the unknown costs of seven other major State of the Union proposals whose price tags aren't immediately obvious. The president can't disguise spending by calling it "investing." Americans recognize that when government "invests" what really happens is that taxpayers' money is spent. . . .
  • FACT CHECK: Obama and his imbalanced ledger

    01/25/2011 8:45:40 PM PST · by RobinMasters · 16 replies
    Associated Press ^ | January 25, 2011 | CALVIN WOODWARD
    WASHINGTON The ledger did not appear to be adding up Tuesday night when President Barack Obama urged more spending on one hand and a spending freeze on the other. Obama spoke ambitiously of putting money into roads, research, education, efficient cars, high-speed rail and other initiatives in his State of the Union speech. He pointed to the transportation and construction projects of the last two years and proposed "we redouble these efforts." He coupled this with a call to "freeze annual domestic spending for the next five years." But Obama offered far more examples of where he would spend...
  • For the Sake of the Deficit Let's Invest in Not "Investing"

    01/25/2011 8:01:12 PM PST · by The Looking Spoon · 4 replies
    The Looking Spoon ^ | 1-25-11 | Jared H. McAndersen
    From the Washington Post's baby blogger Ezra Klein... The conversation has changed. We've stopped just talking about deficits and begun talking about investments. House Majority Leader Eric Cantor was on "Meet the Press" on Sunday fretting that the word "invest" is mere code for "more spending." Senate Minority Leader Mitch McConnell echoed him on "Fox News Sunday." “With all due respect to our Democratic friends, any time they want to spend, they call it investment," he said....More here I don't want to carp on his age, but the naiveté this guy oozes makes me wonder if he is part...
  • Obama, the centrist? Look for signs he doesnt mean it

    01/25/2011 4:59:23 PM PST · by Mark Landsbaum · 3 replies
    President Obama this evening likely will seem to nudge toward the center, in light of the fact Democrats have been trimmed from the ranks of Congress and his first two years havent exactly drawn a standing ovation by the rest of the nation. Since he hasnt advanced any further far-left schemes lately, the presidents favorable ratings have improved. Thats another result of public perception that hes not quite as frighteningly radical now as he was earlier. The fact is, this all is window dressing. Has this leopard changed its spots? Listen closely tonight. When he calls for. . .