Word: harmful
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...BofA, Citigroup and the rest of our now troubled system, theoretically putting an end to the escalating losses eating away at the banks' capital. But if the government buys those assets at current market rates, banks would be forced to take immediate losses on the sales, doing more harm than if the government just left the troubled loans where they are. Sources say the Federal Reserve would prefer to let the banks keep the loans and troubled bonds for now and instead provide the banks with insurance policies guaranteeing that the government will swallow a good deal of future credit...
...brought significant attention to the Utah auction-CBS News, among others, profiled him-the sale was doomed for other reasons. On Jan. 17 a federal judge issued a temporary restraining order against the BLM, siding with the green groups that argued that oil and gas exploration would inflict irreparable harm on the local environment. The BLM has yet to respond, but the Obama Administration has indicated in the past that it is opposed to the lease. DeChristopher's actions may or may not have been noticed by the White House, but greens insist they certainly didn't hurt. "Tim brought...
...Israeli Defense Forces (IDF) says it chose its targets carefully, to minimize destruction to surrounding property and human lives. And the IDF accuses Hamas of putting ordinary Gazans in harm's way by firing rockets at Israel from within crowded neighborhoods. But several businessmen interviewed by TIME insist that no militants were taking refugee inside the factories bombed by Israel. "They're targeting factories to make us dependent on the Israeli economy," claims Hamad...
...Washington that almost qualifies as business as usual, except for a small detail: on the campaign trail, Obama vowed to stop the revolving door that lets onetime lobbyists go to work for the Federal Government and oversee contracts that could harm - or help - their former employer. And one of the first things the new President did in office was seemingly make good on that promise, signing an Executive Order barring former lobbyists from joining his Administration to work at agencies they recently lobbied. (See pictures of Obama's Inauguration...
Obama stressed support for countries in need and retribution for terrorist foes who intend to harm Americans...