Word: short-term
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...buyout firms are back, and there are more of them. The new boom is being fed by low interest rates, a no-go stock market and banks eager to lend. CEOs are more willing to listen since stepped-up regulation and a focus on short-term performance has taken some of the allure out of running a publicly traded company...
Schwarzenegger reaped short-term political rewards by making the $150 million bridge loan. Defying an unpopular Republican President, the re-election-minded Governor is burnishing his moderate image. But if the state's stem-cell law is ultimately struck down, the loan can't be repaid, and the Governor will have to answer for gambling with $150 million when the state has a $4.1 billion operating deficit. It's all enough to make Washington look civilized...
...Today, that message took on a notably different focus, one of concern for the future of Lebanon. Short-term, the Bush Administration is worried about a growing humanitarian crisis. Long-term, it fears that unchecked damage done to Lebanon could create a failed state that would pose even more of a threat to Israel...
...passage today of a bill that would expand federal funding for human embryonic stem cell research will be a short-lived victory for supporters. Bush plans to veto the bill later this week, and the Republican-led House, according to House Majority leader John Boehner, will uphold the veto. The doomed bill is more than just another round of conservative vs. moderate battling in the GOP. It is the latest bet in a high-stakes gamble pitting the Republicans' short-term electoral tactics against their long-term strategy of building a permanent majority...
...Indeed, ramping up U.S. support for a major counterinsurgency program in Baghdad is a short-term strategy that all Democrats-from supporters of the war like Clinton to immediate-withdrawal advocates like Congressman John Murtha-might be able to agree on, a positive program to support between now and the congressional elections in November. "I'd be open to that," Murtha told me, "especially if it's a way to help the Iraqis stand up for themselves that enables us to start bringing our troops out of there." If Forward Together works, it surely will...