Second, we also applaud Secretary Mosbacher's statement that the United States will not engage in a subsidized credit war with our allies favoring Moscow.
Sri Lanka's Sinhalese majority, to which both candidates belong, mostly voted for the president, whom they credit with ending the war.
That's exactly how the U.S. did it in 1991 and 1992 when it faced a credit crunch so severe that Gulf War hero George Bush lost the 1992 election to an unknown Bill Clinton.
To their great credit, the American Revolutionaries went to war and defeated the powerful British government over a much lower tax burden than this.
The financier George Soros calls today's credit crunch the worst global financial crisis since World War II.
To their credit, the Whigs were harshly critical of the war even after it was begun, and many Whigs opposed annexing the land that became the American Southwest.
Back in the Sun , its leader column is devoted to a plea for Tony Blair and the Chancellor, Gordon Brown, to end what the paper perceives as a "war" over who should take the credit for the booming economy.
Citigroup, a financial-services giant, said earlier this month it would reopen its credit lines to Brazil, but if a long war caused a renewed economic downturn in America, rising bad debt might prompt its big banks to draw in their horns further.
There's the doomsday scenario, says Merrill Lynch analyst John Casesa: If the price war persists, the Big Three's credit ratings could fall to junk levels, increasing their cost of borrowing.
Sri Lanka's government denies the accusations of rights groups, saying on Thursday that fewer than 8, 000 people were killed in the final months of the 26-year war, and arguing that it deserves more credit for putting thousands of former Tamil Tigers through a rehabilitation process.
But some Democrats gave the president credit last night for sounding more conciliatory toward the critics of the war.
"The budget is reasonably honest, and in fact, I give them credit for having brought on line and made clear the costs of the war, " Gregg told NPR's Melissa Block.
In America overall credit growth will slow to below 1%, down from a post-war annual average of 9%.
He says his father has never been given the credit he deserved for the victories he achieved in 1918, which ended the war.
David Cameron is likely to paint a rather different picture of Labour's stewardship of the economy, blaming them for presiding over the biggest post-war budget deficit and potentially putting at risk Britain's international credit rating.
Unlike previous recessions since the second world war, which were mostly demand-led, this one reflects a credit and investment bust that will take longer to work through the system.
It is to the great credit of the staff that they carried on teaching in those appalling conditions all through the war and that they were able to enter us for public examinations with good results.
Alexander Hamilton, our first secretary of the Treasury, and a very good one, redeemed all of the Revolutionary War debt at par value, and he said the 'full faith and credit' of the United States must be inviolate, among other reasons because it will be necessary in a crisis to be able to borrow.
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Whoever was the GOP nominee was going to have to fight against the legacy of the previous eight years of a Republican president who became highly unpopular because of the Iraq war, administration gaffes such as the handling of Hurricane Katrina, and what turned from a credit crunch into a global economic crisis.
Clinton and Gore take credit for downsizing the federal government, but critics say much of the reduction was due to post-Cold War cuts in the military, not meaningful cuts in the bureaucracy.
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