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Credit cards are being paid down, and some are cut up.
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Battered consumers play new card: Paying down debt
By Tony Pugh | McClatchy Newspapers
For the first time in 10 years, the national credit card delinquency rate fell from the second to the third quarter, more evidence that Americans are trying to pay down their debt as the recession continues to claim jobs. » read more
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Olivier Douliery /Abaca Press/MCT
Indian Prime Minister Manmohan Singh
Spotlight
U.S. goals on menu as Obama dines with India's leader
By Steven Thomma | McClatchy Newspapers
President Barack Obama rolls out the red carpet Tuesday for India in the first official state visit of his presidency, but the stresses of a key relationship in a tinderbox part of the world will lie just beneath the glitz and glamour of a state dinner. » read more
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Ethics panel charges Sanford with 37 counts of breaking law
The South Carolina Ethics Commission has charged Gov. Mark Sanford with 37 counts of breaking state ethics laws. The commission filed its charges last week but only released them Monday. The charges largely surround Sanford's personal travels and involve either using state aircraft or booking business-class fare on commercial airlines at state expense. » read more
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Iraq's pivotal national elections, originally scheduled for January, faced a likely delay of weeks or even longer after wrangling over a law setting terms for the polls broke down Monday. » read more
No speeches as Sarah Palin makes her Fort Bragg stop
An estimated 1,500 people lined up at a PX at Fort Bragg this morning to see former Alaska Gov. Sarah Palin and have her sign copies of her new memoir. Palin's tour bus, with large photos of her plastered on the sides, pulled up to the store around 11:15 a.m., and she walked in, sat down and started signing books, without any opening remarks. » read more
Winning hearts and minds with raisins and prayer rugs
More than 200 Afghans waited in line to turn in their vouchers for 50-pound bags of supplies that included about five pounds each of rice and sugar, raisins, tea, two prayer rugs and a prayer scarf. » read more
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Goldman Sachs' secret bets
A five-month McClatchy investigation reveals how Wall Street colossus Goldman Sachs peddled billions of dollars in shaky securities tied to subprime mortgages on unsuspecting pension funds, insurance companies and other investors when it concluded that the housing bubble would burst.
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