Mexico loan guarantees risk and reform delay analyzed
The piece argues loan guarantees to Mexico for peso support risk taxpayer exposure yet are minor if the government borrows with U.S. supervision. It warns such loans postpone necessary reforms, risking a future crisis and deeper hardship for Mexicans when repayments come due.
MENTIONED IN THIS ARTICLE
Clinton
U.S
Mexico
Bailout of Mexico Critique by Sowell Major View
Syndicated columnist Sowell argues against a 40 billion dollar Mexican bailout, calling it unnecessary risk and a dangerous precedent. He compares guarantees to past bailouts, warns of long term distortions, and promotes private capital markets with strict assurances. He notes international lenders would demand accountability and suggests restraint in U S government guarantees.
MENTIONED IN THIS ARTICLE
Clinton
Mexico
Las Vegas
Washington
Federa Treasury
United States
U.S
Sowell
Hoover Institution
Stanford University
Simpson Case Jury Doubt and Race Tensions Highlighted
Royko argues the O J Simpson trial may hinge on a single juror's doubt rather than evidence. He notes Mark Fuhrman's alleged racism could be used by Cochran to cast doubt and suggests eight jurors are black or minority, shaping potential outcomes in a racially charged, high profile case.
MENTIONED IN THIS ARTICLE
California
Johnnie Cochran
Mark Fuhrman
Eager Beaver
O.J
Nicole
Fuhrman
Cochran
Simpson
L.A
J. Edgar Hoover
FBI
Martin Luther King Jr
Nyes
Royko
The
Chicago Tribune
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