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- Schwarzenegger: $4.4B in tax hikes to end deficit (AP via Yahoo! Finance)
Gov. Arnold Schwarzenegger on Thursday proposed a temporary 1.5 percent sales tax increase to deal with California's worsening fiscal crisis, which has created an $11.2 billion deficit in this year's budget. - Worse Than the Great Depression? (Baltimore Chronicle & Sentinel)
It's a minority but growing view, including from 86-year old former Goldman Sachs chairman, John Whitehead, at the November 12 Reuters Global Finance Summit in New York. As disturbing evidence mounts, he said: "I think it would be worse than the depression. - Legislation proposed to regulate debt negotiators - Connecticut Post
Legislation proposed to regulate debt negotiators Connecticut Post, CT - Nov 15, 2008 He noted that there already are free programs within the Connecticut Housing Finance Authority to help homeowners avoid foreclosure. "These ' debt ... - End of cheap home loans - Evening Standard
HUNDREDS of thousands of homeowners have been warned they will not benefit from any future cuts in interest rates. The slashing of the Bank of England base rate yesterday to three per cent means that lenders can use small-print clauses to stop ...