On January 8th, 1835, all the big political names in Washington gathered to celebrate what President Andrew Jackson had just accomplished. A senator rose to make the big announcement: "Gentlemen....the national debt.... is PAID."That was the one moment in U.S.
How much would you pay for a burger with lettuce, tomato, pickles, onion rings, cheddar and bacon?At Corner Burger in Brooklyn, Hilda Hampar charges $9.25. At that price, tables in her restaurant often sit empty.So she made a deal with Groupon.
Icelanders go to the polls this weekend to decide whether to pay the debts of a failed bank. Planet Money's David Kestenbaum is in Reykjavik, and he spoke with Renee Montagne.For more: Read our post, "Should I Pay For Bankers' Mistakes?" Copyright 2011 National Public Radio.
Everybody except Portugal knew this was coming: Portugal needs a bailout from the European Union.A few weeks back, Portugal's legislature rejected new austerity measures. The prime minister, who supported the measures said he'd resign.
It's not that there aren't economic disruptions from the earthquake in Japan.Two of Japan's major industries — electronics and auto manufacturing — both had some factories in the region where the earthquake hit.Shinichi Sato works for Hino Motors, which makes trucks and buses in Japan.