At $1.95 trillion, China’s international reserves are more than enough to fund America’s entire budget deficit next year, which the U.S. Treasury estimates will reach $1.3 trillion because of the government’s massive stimulus spending. There is no direct correlation between these two numbers, but they highlight a reversal of fortune.
Tag Archives: california
A Cross-Country Tour to Rewrite the Bible
Mississippi reconciliation: 2 men unite 4 generations later
London’s Daily Mail newspaper paid for the interview, according to a source close to the Jackson family and another source familiar with the interview arrangements. The amount of money paid was not disclosed. LaToya Jackson was “very candid” throughout the four-hour interview, which took place in Los Angeles, California, last Thursday, said Caroline Graham, the Daily Mail reporter who conducted the interview.
LaToya Jackson makes stark allegations in brother’s death
Michael Jackson’s sister, LaToya Jackson, told a London newspaper she suspects her brother was "murdered" in a conspiracy by "a shadowy entourage." London’s Daily Mail newspaper paid for the interview, according to a source close to the Jackson family and another source familiar with the interview arrangements.
The State of Homelessness in the U.S.
The 2009 Annual Homeless Assessment Report to Congress U.S. Department of Housing and Urban Development’s Office of Community Planning and Development 168 pages The Gist: There are few economic indicators as grim as homelessness. In its fourth annual report on the state of homelessness in the U.S., the Department of Housing and Urban Development found that some 1.6 million people stayed at homeless shelters from October 2007 to September 2008
How Health-Care Reform Could Hurt Doctor-Owned Hospitals
Even as Congress struggles with how to pay for health-care reform, the White House keeps doing it its best to accentuate the positive. Last week, Vice President Joe Biden hosted the country’s three largest hospital trade groups as they announced they will accept $155 billion in Medicare and Medicaid cuts over the next 10 years
Storm Fallout: A Florida Exodus?
After the 2000 presidential election debacle, a friend of mine in New York voiced a snide but widely shared sentiment: “The best thing about Florida,” he told me, “is that it’s a place to keep Floridians.” I’ve often said the same thing about Manhattan. But I’m recalling my friend’s remark now as I look east and see hurricanes lining up in the Atlantic like bombers on an aircraft carrier, threatening to blow mango trees into my Miami living room from now until Halloween.
9 Deals to Get You Face-to-Face with Nature
Travolta’s wife to address grief over son’s death
Actress Kelly Preston, whose son Jett Travolta died earlier this year, will talk publicly in October about how she and her husband, actor John Travolta, have dealt with their grief. Preston, 46, will appear on a panel titled “Grief and Resilience” at a conference hosted by California first lady Maria Shriver, according to a conference spokeswoman. Jett, 16, was found unconscious on January 2, while on vacation with his family in the Bahamas’ West End