Word: recklessness
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...have merited intervention, but the overall crackdown carried out by HUPD was excessive. It seems incredible that a few flimsy craft, doomed to sail a few feet and then crumple in flames, posed a real safety threat. Obviously, students cannot be allowed to endanger themselves and others with reckless behavior, but a degree of trust must be maintained between authorities and those whom they protect. We fail to see the pressing danger of the popular boat release commensurate with the enthusiasm of the police response. HUPD plays a key role in the lives of all Harvard students, maintaining their safety...
...this is a symptom of a larger problem, a bubble-and-bust economy that valued reckless speculation over responsibility and hard work," Obama said in a statement released by the White House. "That is what we must ultimately repair to build a lasting and widespread prosperity...
...Treasury Secretary Geithner has been asleep at the wheel; and the Obama Administration tried to refocus attention on the consensus point that Wall Street greed is the opposite of good. "In the end, this is a symptom of a larger problem - a bubble and bust economy that valued reckless speculation over responsibility and hard work," President Obama said in a statement. "That is what we must ultimately repair to build a lasting and widespread prosperity." (See pictures of TIME's Wall Street covers...
...event wore on, even Obama did not seem that into it, a surprising misfire for a politician who has long excelled at striking the right tone at public appearances. He was almost grinning as he described the "recklessness and greed" of the traders in AIG's financial-products division, a reckless band of wealthy incompetents who made bets they could not pay for, leaving the American taxpayer on the hook for as much as $173 billion in emergency funds - an enormous sum that works out to about $600 for every man, woman and child in America. "How do they justify...
...rehabilitate the stock market, restore bank balance sheets, and return to the status quo of increasing income inequality once credit begins to flow again. But Obama is smarter than to think that the problems in the economy begin and end with a housing bubble or reckless banking practices. If the economy is not restructured, health care—even in a bull market—will remain unaffordable for most American businesses and families; paying for college—even in a bull market—will remain a formidable challenge for most young adults; and business practices that contribute...