Word: greeds
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...that in our worsening deficit crisis we are still hearing only of proposals for revenue-neutral tax reforms. Worse yet, proponents of the current House Ways and Means tax-reform bill are selling it primarily on the basis of how much it will cut taxes. The appeal is to greed rather than to our nobler instincts of common sacrifice for the common good. Robert D. King Kennebunk, Me. Gander Crash...
There is one area of general agreement about what has caused the insurance crisis: plain old-fashioned greed. Ah, but whose greed...
Plaintiffs' attorneys are every bit as willing to point the finger. Insurance companies, they charge, are using deceptive tales of excessive damage awards to justify the exorbitant premiums that they charge the public. Says Browne Greene, president-elect of the California Trial Lawyers Association: "Their greed takes us back to the robber barons of the 19th century." Many consumer organizations add that insurers are seeking unjustified premium hikes to cover up their own bad management and poor judgment of risks...
...passionate arguments by people on both sides of the insurance crisis. Recalls Chicago Correspondent Barbara Dolan: "There were emotional interviews with people who claimed to suffer horrible damages from negligence and equally emotional sessions with insurers who thought that they were being driven out of business by Americans' greed." In the course of her reporting, Washington Correspondent Anne Constable was similarly struck by the human and legal dimensions of the liability-insurance problem. Says she: "Amid all the tangled issues that lawmakers are sorting through, there are some real flesh-and-blood stories...
Among the first of history's judges were the Filipinos who filed through the palace last week, many of whom earn less in a year than Imelda spent on a single pair of shoes. "I am appalled by the greed," said one nun after her glimpse into the life-style of the rich and famous. "In the palace, I saw all the seven capital sins." Even visitors accustomed to more affluent surroundings were stunned. "Next to Imelda," said Democratic Congressman Stephen Solarz of New York after visiting Malacaņang, "Marie Antoinette was a bag lady...