Free Republic

When PR Campaigns Go Bad When hope and change leave you with no hope and even less change

What about Greece?California passed a gas tax last week to help make up for its nearly $20 billion budget gap, the latest in a series of measures to right the state's teetering economy. The country of Greece is in even worse shape, with accumulated debt higher than 110 percent of GDP, set to reach 125 percent this year. Can a state declare bankruptcy? Can a country?

SIX months after her husband was killed fighting in Afghanistan, Breeanna Till is broke - let down by the government that promised solemnly to look after her. Heavily pregnant with the child Sergeant Brett Till will never know, the Sydney widow fears becoming like "a single mum on the dole" when she gives birth in a few weeks. The $905 weekly pay her husband brought home lasted just a fortnight after he died in a roadside bomb explosion. In its place, the military gave Mrs Till a compensation payment of just $305 a week. Sgt Till, 31, was a much-respected...

Most anybody in the mortgage business will tell you that August was a month that will live in infamy: The market was in turmoil, as doubts about the stability of subprime loans spread to other sectors of the mortgage world. How bad was it? A survey of mortgage brokers suggests that one in three consumers who recently signed purchase contracts canceled in August -- up from just 4 percent three years ago, according to the research firm that conducted the survey for Inside Mortgage Finance, a trade journal. The cancellation rate undoubtedly was fed by two scenarios playing out: Many...