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Old 09-10-2008, 02:55 AM   #101
tinmenace
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"These mortgage companies only see pieces of paper, not people, and don't care who's in the building," Dart said. "They simply want their money and don't care who gets hurt along the way.

"On top of it all, they want taxpayers to fund their investigative work for them. We're not going to do their jobs for them anymore. We're just not going to evict innocent tenants. It stops today."

CNN

I freaking LOVE it when there's a good guy in the position of power! I love you sheriff Thomas J. Dart of Chicago Illinios! You rock!
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Old 09-10-2008, 01:42 PM   #102
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NEW YORK (AP) -- The National Debt Clock in New York City has run out of digits to record the growing figure.

As a short-term fix, the digital dollar sign on the billboard-style clock near Times Square has been switched to a figure -- the "1" in $10 trillion.

It's marking the federal government's current debt at about $10.2 trillion.

The Durst Organization says it plans to update the sign next year by adding two digits.

That will make it capable of tracking debt up to a quadrillion dollars.

The late Manhattan real estate developer Seymour Durst put the sign up in 1989 to call attention to what was then a $2.7 trillion debt.

cnn
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Old 09-10-2008, 04:23 PM   #103
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lol thats awesome lets see how high we can get it, we can call it a debt-a-thon
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Old 13-10-2008, 01:37 AM   #104
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World Bank pledges aid
The bank agreed to protect countries that are vulnerable in the current financial turmoil.

WASHINGTON (AP) -- The World Bank agreed Sunday to help developing countries strengthen their economies, bolster their financial systems, maintain growth and protect the poor against the financial turmoil roiling international markets.

The head of the bank's policy-setting committee, Mexican Finance Minister Agustin Carstens, and World Bank President Robert Zoellick announced the commitment at the end of a daylong meeting.

Zoellick said the financial crisis "has been a manmade catastrophe. The actions and responses to overcome it lie in our hands."

He said that as the current crisis has unfolded, people in the United States and Europe reacted first with confusion, then anger, then fear. "Those natural reactions will spread around the world as the impact spreads," Zoellick said. "We need to take them seriously."

He said any prolonged tightening of credit or a sustained global slowdown could cause serious setbacks to developing countries' efforts to improve the lives of their populations.

Such countries are already struggling with high prices for energy and food. "The poorest and must vulnerable groups risk the most serious -- and in some cases, permanent -- damage," Zoellick said. "One hundred million people have already been driven into poverty this year and that number will grow."

Zoellick said the financial crisis underscored the need to modernize markets for a new global economy.

He said the bank and its sister institution, the International Monetary Fund, must ensure that as developed governments turn their attention to domestic matters they do not step back from their commitment to provide billions in aid to poor countries.

"Aid flows must be maintained," Zoellick said. "Today's meeting of ministers was unanimous in that regard."

Carstens said ministers were unanimous in their view "that the World Bank had to protect the poor and vulnerable in the context of the global financial crisis." He said the Bank needs to be flexible to address the differing problems faced by poor countries and those with rapidly growing economies.

CNNMONEY
Here we go...World Bank to the rescue.




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Old 15-11-2008, 06:10 PM   #105
steevo
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Default "Little Dorrit" by Charles Dickens

On BBC TV there is a new adaption of "Little Dorrit" by Charles Dickens. There will be 15 episodes of it. It is set in a Debtor Prison! They are getting us used to the idea.

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Little Dorrit is a serial novel by Charles Dickens published originally between 1855 and 1857. It is a work of satire on the shortcomings of the government and society of the period.

Much of Dickens's ire is focused upon the institutions of debtors' prisons—in which people who owed money were imprisoned, unable to work, until they repaid their debts. The representative prison in this case is the Marshalsea where the author's own father had been imprisoned.

Most of Dickens's other critiques in this particular novel concern the social safety net: industry, and the treatment and safety of workers; the bureaucracy of the British Treasury (as figured in the fictional "Circumlocution Office" [Bk. 1, Ch. 10]); and the separation of people based on the lack of intercourse between the classes.
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Old 16-11-2008, 12:49 PM   #106
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Originally Posted by steevo View Post
On BBC TV there is a new adaption of "Little Dorrit" by Charles Dickens. There will be 15 episodes of it. It is set in a Debtor Prison! They are getting us used to the idea.



Source
Yes, this is completely logical, if the banks are all centralised, and everyone's personal details are on one giant database, weaseling your way out of it and fucking it off will be a thing of the past.
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