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Showing 1 - 4 of 4 results for "American Recovery"

Good news day

BENJAMIN ONG  |  THURSDAY, 18 FEB 2010
... make it quite fitting that on this day -- the first anniversary of the disbursement of the stimulus from the American Recovery and Reinvestment Act (ARRA) - the Obama administration is congratulating itself for a job well done. The fiscal and monetary ...

Black or white - just beat it

BENJAMIN ONG  |  MONDAY, 29 JUN 2009
... the previous month. Yes, it's true that growth in personal incomes was boosted by one-time payments under the American Recovery and Reinvestment Act of 2009. But isn't this what the fiscal stimulus is designed to do? Personal spending rose by only 0.3 ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... financial crisis is nigh. US President Barack Obama declared these words right after he signed the US$787 billion American Recovery and Reinvestment Act (ARRA) last week. His signature on the Act has barely dried when he again inked the presidential ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
... Asset-Backed Securities Loan Facility), and the recently signed FSP (Financial Stability Plan) - renamed ARRA (American Recovery and Reinvestment Act )were designed to prevent the obese lending institutions and greedy investment banks from dying due ...
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