"The slowing economy presents its challenges, but Nortel is still in a solid position to sell to big clients that haven't been hit by the negative financing climate," said Eric Allard, director of research at Smith & Thomas Asset Management.
That would provide little comfort to Mr. Obama or his Democratic allies who may have found themselves buried by an avalanche of negative advertising financed by groups like Crossroads.
Mr. Gingrich also renewed his complaints about what he said was Mr. Romney's barrage of negative attacks, financed by what Mr. Gingrich said were wealthy backers from Wall Street and Goldman Sachs.
During his term, Vázquez was credited with improving an economy that had been beset by years of negative growth; financing social programs; and investigating disappearances, murders, and other crimes committed under the military regime.
Or the Orwellian "Negative External Financing Limit" that saw the Treasury cream off £2.4bn of its profits, or the government-imposed 13-year pension holiday that has landed it with a £6.8bn pension deficit that has become a rod to beat it with.
Mr. Murphy, a traditional Democrat in a deep blue state, has the support of labor and women's groups, but he has struggled to dig out from beneath an avalanche of negative advertising financed by tens of millions of dollars from Ms. McMahon's personal fortune.
Even with the low mortgage rates of recent years, a lot of people bought by using by high-test "negative amortization" financing or its evil twin, the "interest-only" loan.
"It's all pretty negative," says Wharton finance professor Franklin Allen.
General Motors shows $169 billion of debt on its balance sheet and $59 billion of negative equity to finance $110 billion of assets.
In UISAs savings are not taxed and either the government mobilizes resources from other types of taxes to finance negative balances or it defaults on R. The key policy question therefore is not whether to adopt UI or UISAs but how to finance the redistribution within the system.
