Word: morals
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Dates: during 2000-2009
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...strikes me as very positive and healthy,” he said. However, Sununu and the panel’s other conservative, Rep. Jeb Hensarling, a Republican from Texas, objected to the paper’s conclusions. In a dissent to the report, they argued that guaranteeing insurance creates moral hazard and reduces innovation. “Instead of creating new regulatory hurdles, a superior approach to better protect consumers and preserve wealth-creating opportunities is to enhance and reinforce [existing] wise regulation,” they wrote. Regardless of partisan opinions, some scholars said they believe that portions...
...Word has leaked out, or has been leaked, that the Administration will propose a very large program to help homeowners who have good intentions and strong moral character make their mortgage payments if they reach the precipice of default. Reuters reports that "under the evolving plan, homes would undergo a standardized reappraisal and homeowners would face a uniform eligibility test...
...Except Portugal. The Portuguese government was the first to suggest that Europe take in Guantanamo prisoners as a practical way to help close the hated symbol of what many Europeans see as America's post-9/11 moral failure. And little Portugal, home to just 10 million people, remains the idea's most vocal backer...
...Even in antiquity, many feared the lurking consequences of unleashing what we now call chemical weapons - indeed, the ancient Greek tale of Pandora's box offers a continuing metaphor for their use. And its moral proved true in the collapsed tunnels of Dura-Europos: among the Roman bodies, James spied one corpse set aside from the rest, which wore differing armor and carried a jade-hilted sword. This was a fallen Persian soldier, James concludes, also asphyxiated by the gas. The warrior who released the poison very likely succumbed...
Blankenhorn isn't opposed to using government stimulus to ease the transition, but he's worried that it could obscure the need for big changes in behavior. "If the moral of today's crisis is 'Let's stimulate this and bail out that, and as soon as things get back to normal, we can go back to a debt culture,' that's just not a sustainable idea," he says...