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POPSBailout Price Tags Since 1971 A nice breakdown from the National Journal. Since 2001, the federal government's private sector bailouts add up to $1,032.4 billion. In the prior thirty years: $248.1 billion.
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POPS Oil Outlook Clouds Russia’s Economic Future That could trigger a vicious circle of falling income and investment, as production gets more expensive in Russia's aging fields. The era of record profits from oil and gas is over - that's according to Russia's Finance Minister Alexey Kudrin. 2008 is likely to be the year of peak oil and gas production in the country. The big oil companies are cutting investment in new projects. Russia has received up to $1 Billion a day in oil revenues in recent years, and the country's budget and economy remain highly dependent on hydrocarbon earnings. The world financial crisis and recession has triggered big falls in the world's oil price. That will significantly affect the Russian budget, according to Mikhail Kroutikhin, partner at Rusenergy.
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POPSThe more you pay, the better you feel If the numbers confuse you, it basically means that the power of suggestion (which is what a placebo is; believing that taking the pill will help you) has created consumers that believe generic or lower-priced medicines are inferior to the more expensive or name-brand medicines. AKA More profits for private companies and higher barriers for those who live in poverty.
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