Not exact matches
«Ontario is the largest subnational
debtor in the world,» Oliver proclaimed from the comment pages of the Financial Post at the end of December,
as if that (unsupported) fact carried profound meaning.
One
debtor included
as property not only cabinets, desks and computers, but also spines, heads and other body parts.
(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent
debtors (
as well
as their employers).
Remington's plan calls for it to receive $ 145 million in bankruptcy «
debtor - in - possession» financing
as it winds its way through the Chapter 11 process.
The week's developments have also revealed the IMF
as an institution wracked by internal conflict over how best to handle its largest ever
debtor.
High - flyers receive perks such
as discounts on heating bills and favorable bank loans, while bad
debtors can not buy high - speed train or plane tickets.
The New Banks have written off claims on major corporate
debtors, whose continued operations have ensured their role
as cash cows for the banks» new vulture owners.
The burden of proof is on you
as a
debtor to prove undue hardship.
Interest: the cash paid to the creditor by the
debtor until loan maturity calculated
as (interest rate ÷ payment frequency) * outstanding principal balance
Toward
debtor countries American diplomats work through the World Bank and IMF to demand that
debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so
as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.
This monetarist theory has guided Russian economic reform (and its quick bankruptcy) under Yeltsin and his oligarchy,
as well
as Chile's privatization (and early bankruptcy) under Gen. Pinochet, and the austerity programs (and subsequent bankruptcies and national resource sell offs) imposed by the IMF on third world
debtor countries.
BF: Even on American television, commentators were complaining that he's not being specific and isn't going far enough, that is, far enough to help
debtors as well
as Wall Street.
Bernanke believes that the macroeconomic effect will be nil
as long
as creditors are willing to consume
as much income
as debtors (consumers and workers) would have done.
Economic polarization between creditors and
debtors is aggravated by tax cuts for the wealthy and a reclassification of financial and real estate returns
as capital gains or various forms of untaxed «reserve» funds.
Using the conventional total debt - to - income ratio, where debt is measured
as a share of income, college - educated student
debtors are by far the most indebted.2 The median college - educated student
debtor has total debt equal to about two years» worth of household income (205 %).
OJK at that time had only allowed fintech companies to act
as brokers, to match
debtors and lenders.
The greatest risk was that large
debtors such
as Italy and Greece would take the political step of leaving the Euro to adopt new currencies, so they could devalue and have their central banks print the money to «fix» their problems.
The United States thus is a
debtor to Russia, but it has learned well how to play the
debtor game in such a way
as to come out ahead.
She has structured private and institutional debt offerings, venture capital transactions and
debtor - in - possession financings,
as well
as recapitalizations and restructurings.
Despite the palace's role
as the major creditor, it protected
debtors by debt amnesties that undid the polarizing effect of interest - bearing debt.
As Gunnar Tomasson has observed: «The Creditary View of Money holds that what ultimately gives money value is the
Debtor's ability to honor the terms of his Loan Contract.»
(2) Unlike U.S. municipalities such
as Detroit, Puerto Rico entities aren't considered
debtors for purposes of Chapter 9 of the U.S. Bankruptcy Code.
I have referred to them
as the currency cartel, the four currencies, the big
debtor nations, the USD, Euro, Pound and the Yen.
As John Maynard Keynes explained, unless
debtor countries can export more, they must pay either by borrowing (German states and municipalities borrowed dollars in New York and cashed them in for domestic currency with the Reichsbank, which paid the dollars to the Allies) or by selling off domestic assets.
The Althing's proposal spells this out in clear legal terms
as an alternative to the neoliberal idea that economies must pay willy - nilly (
as Keynes would say), sacrificing their future and driving their population to emigrate in what turns out to be a vain attempt to pay debts that, in the end, can't be paid but merely leave
debtor economies hopelessly dependent on their creditors.
On Friday a bankruptcy court approved an additional $ 3 million boost to Suniva's financing,
as an amendment to SQN Capital's
debtor - in - possession agreement.
And then the
debtor (the L.L.C.) seeks to enforce that debt,
as it is the only asset in the
debtor's bankruptcy estate.
Since Proverbs 22:7 says, «The
debtor is servant to the lender,» we always viewed debt
as slavery.
No doubt banks lobby to keep their
debtors paying them
as much
as possible.
The structural adjustment imposed by the IMF and the World Bank on
debtor countries
as a condition of aiding them to renegotiate their debts has transformed the relative power of governments and economic actors.
However, Matthew 6 does not speak of sin or trespasses but of debts: «Forgive us our debts
as we also have forgiven our
debtors.»
And how to live
as a
debtor, and to consider the borrowing of money against possible future earnings
as normal.
The Lord's Prayer is more real to me than ever: «Forgive us our debts,
as we forgive our
debtors.»
You know, «Forgive us our debts,
as we forgive our
debtors.»
One of the first prayers I learned
as a child was the
debtor's version of the Lord's Prayer.
«Forgive us our debts»: reminds us that we are sinners in need of forgiveness, «
as we also have forgiven our
debtors.»
Nebuchadnezzar's sins, conceived of
as debts, have risen to such a level that his creditor, God, is about to demand repayment in the form of punishment: He is calling in the bond he holds over this unfortunate
debtor.
forgive us our debts,
as we also have forgiven our
debtors.
Mathew 6, does state, «And forgive us our debts,
as we forgive our
debtors.»
To grab and control,
as debtor and cursed, for richer and in poor grammar, in homesickness and ill gotten wealth, until Dems us do part.
Matthew writes «
as we also have forgiven our
debtors»; Luke makes this more clear by «for we ourselves forgive everyone is indebted to us.»
The World Bank and the IMF required
debtor nations to open up their economies to transnational corporations
as a condition of assisting them to avoid bankruptcy.
12 Forgive us our debts,
as we also have forgiven our
debtors.
We remember other biblical texts written in the same vein: «Forgive us our debts,
as we also have forgiven our
debtors» (Matt.
Jesus calls on us to pray, «Forgive us our debts,
as we forgive our
debtors.»
Proving once again that there is no theological claim too dumb to be advanced in the Washington Post's «On Faith» section, Thistlethwaite claims that when Jesus says «forgive us our debts,
as we also have forgiven our
debtors» he intended this to include student loan debt:
Forgive us our debts,
As we also have forgiven our
debtors.
And forgive us our debts,
as we forgive our
debtors.
Forgive us our debts,
as we forgive our
debtors.
And then the prayer would consist of three petitions: for the Kingdom, for daily bread, and for the forgiveness of sins past and for preservation from future ones («forgive us our debts
as we forgive our
debtors, and lead us not into temptation «-RRB-.