Word: budgeting
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...Street Journal recently that the studio is "focusing on bigger films that require a bigger commitment." Translation: they're making fewer under-$50 million movies starring men with Oscars and more over-$200 million movies starring men with capes. This summer Warners closed its specialty divisions that handle smaller-budget films, Picturehouse and Warner Independent, and absorbed New Line Cinema into the larger company. Meanwhile Paramount Pictures' prestige label, Vantage, is restructuring. "The studios are very focused on the tentpoles," says McGurk. "And there's a lot of turmoil in the indie marketplace. So there's more product available." That...
LANCE CORCORAN, spokesman for the California Correctional Peace Officers Association, which launched a recall campaign against Governor Arnold Schwarzenegger, saying he mismanaged the state budget...
...owners of the $5.3 trillion in Fannie and Freddie bonds and MBSS. Therein lies a fascinating, and disturbing, story. For years, the governments of countries that have run big trade surpluses with the U.S.--mainly Japan, China and the oil exporters--put their excess dollars into Treasury securities. When budget surpluses from 1998 to 2001 began to shrink the supply of Treasuries, foreign governments looked to Fannie and Freddie debt as an alternative. When the U.S. returned to deficits in 2002, they kept buying Frannie debt because it paid higher rates than Treasuries...
...Palin says so. She claimed in an Aug. 13 press conference that she was disappointed in budget issues, recruitment and Monegan's handling of rural bootlegging. On this last issue, however, there is a contradiction with statements she had made three weeks earlier, when she told local television station KTVA that she thought Monegan would make a great director of the Alcoholic Beverage Control Board: "I recognize that Walt's interest in the area certainly could be put to good use," she said, "as he could concentrate exclusively on a couple of issues that were his interest, that being bootlegging...
...Under the state constitution, the governor of Alaska has unusually strong powers to shape the state budget. At the Republican National Convention, Palin bragged that she had vetoed "nearly $500 million" in state spending during her two years as governor. This amounts to less than 2% of the proposed budget. That's how much this warrior for you (the people) against it (the government) could find in wasteful spending under her control...