Word: benefiter
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...testifying on Thursday in front of an oversight panel reviewing the government's financial rescue efforts, faced a raft of questions about the effectiveness and the use of those funds. Elizabeth Warren, a Harvard professor and chairperson of the panel, said the average American has seen little or no benefit from the TARP spending. Damon Silvers, associate counsel for the AFL-CIO union, questioned whether TARP had really restored some of its biggest recipients, namely Bank of America, Citigroup and Wells Fargo, to health...
...There was always a hold-your-nose-and-do-it aspect to the TARP because the bankers who caused the crisis were going to benefit," says John Irons, the research and policy director at the Economic Policy Institute. "I think that's where all the criticism comes from. But it seems to be the case that the program, while not a raging success, worked well enough to stop the worst from happening...
...have to continually insist that there is a - there is a special benefit to society in the hands-on, face-to-face service of working at a soup kitchen or mentoring a child or visiting seniors in a nursing home that is irreplaceable. It not only is good for the person getting the service; it's good for the person who's giving the service. And there's nothing new about that. That's - that is something elemental about the human spirit is that...
...just big companies that are doing well by doing good. Increasingly, social entrepreneurs are starting companies rather than nonprofits, to capitalize on the power of the market to create public benefit. And some of these entrepreneurs are choosing to form "B Corporations," a new corporate structure that requires enterprises to build into their foundation strong social and environmental standards for their operations. More than 220 companies, whose combined revenue tops $1 billion, have become B Corps since their certification began...
...statement that "the reforms I am proposing would not apply to those who are here illegally" is not hard to check. In the Senate Finance Committee's working framework for a health plan, which Obama's speech seemed most to mimic, there is the line, "No illegal immigrants will benefit from the health care tax credits." Similarly, the major health-care-reform bill to pass out of committee in the House, H.R. 3200, contains Section 246, which is called "NO FEDERAL PAYMENT FOR UNDOCUMENTED ALIENS." Some Republicans have claimed that these protections are too weak, since they do not require...