Word: lending
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...Iraq. The news couldn't have been better timed for the Bush Administration, arriving just as it launched a campaign to convince Americans that Iraq isn't quite the mess it seems. The Turkish troops would be the third largest force (Britain is second) in Iraq and, as Muslims, lend sorely needed credibility to the occupation...
...Thaksin's team is worried about the heat in the property market, they're not admitting to it. Buoyed by recent upgrades from international credit-ratings agencies, the government has no plans to slow down the lending by state-owned financial institutions, which now account for almost half the loans in the system, up from about 15% before the crisis. "Commercial banks were hit so hard by the storm of '97 that they have become too cautious about lending money," says finance chief Suchart. That, he explains, is why the government has pushed state-owned banks to lend liberally...
...banks are in no shape to be leading the charge. Many of them had their dud loans from the crash either wiped out by the government or transferred to asset-management companies. "Because the government cleared the [state-owned] banks' bad debts... they think they can now afford to lend madly," says Somchai. He fears that the banks may be taking on increasing credit risks. "If the economy has a hiccup," he says, "the state-owned banks are going to be in real trouble...
...course, blatantly and pointedly clear what the actual purpose of this proclamation is. The Bush administration, in characteristically underhanded fashion, seeks to lend support to the Federal Marriage Amendment, a proposed constitutional amendment which would prevent states from offering civil marriage to same-sex couples. The administration may feel that it cannot openly rubber-stamp such a controversial proposal, but it continues to encourage the religious right with pointless proclamations. Bush vacantly declares that “We must continue our work to create a compassionate, welcoming society, where all people are treated with dignity and respect...
...World As We Know It (And I Feel Fine).” While much has been made of André’s exhortation to “Shake it like a Polaroid picture,” the neglected “Lend me some sugar, I am your neighbor!” passage displays much more subtlety (and less product placement...