Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.
Matt TaibbiRelated topics
affect almost assets big budget debt federal major manage manipulation market massive meaning pile scale size sovereign times tool trillion use 100 statesRelated quotes
Chomsky proceeds on the almost unthinkably subversive assumption that the United States should be judged by the same standards that it preaches (often at gunpoint) to other nations he is nearly the only person now writing who assumes a single standard of international morality not for rhetorical effect, but as a matter of habitual, practically instinctual conviction.
Christopher Hitchens
I ask particularly that those of you who are now in school will prepare yourselves to bear the burden of leadership over the next 40 years here in the United States, and make sure that the United States - which I believe almost alone has maintained watch and ward for freedom - that the United States meet its responsibility. That is a wonderful challenge for us as a people.
John F. Kennedy
What our family has done is participate in the farm programs. And so the farm programs I think essentially almost every farmer in South Dakota has participated in those, and they haven't been bailouts, they have been programs that the United States has put forward for farmers to participate in.
Kristi Noem
The aggressor too should know that the preemptive use of nuclear weapons would not insure victory. With modern detection systems and the combat readiness of the Soviet Union's strategic nuclear forces, the United States would not be able to deal a crippling blow to the socialist countries. The aggressor will not be able to evade an all-crushing retaliatory strike.
Dmitriy Ustinov
The only place Al Gore conserves energy these days is on the treadmill. I don't want to suggest that Al's getting big, but the last time I saw him on TV I thought, "That reminds me - we have to do something about saving the polar bears." Never mind his carbon footprint - have you seen the size of Al Gore's regular footprint lately? It's almost as deep as Janet Reno's.
Ann Coulter
