Word: bille
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...With stock markets collapsing around the world, nobody needs an illustration of where that kind of hubris can lead. Ordinary folks with bills to pay may smell something funny in fiscal instruments with names like "credit-default swaps," but when you work on Wall Street and people call you a "master of the universe," you think you can make the things pay off. Even nonpartisans would agree that George W. Bush waded into the Iraq mess with more certainty than strategy. And Bill and Hillary Clinton might actually have achieved health-care reform if they had tried negotiating with...
...clauses that were separated from bill generated considerable controversy at the meeting. They allocate $200 towards publicity efforts to promote the Web site and to entitle the UC to 15 percent of the profits earned during the remainder of the term of the current administration...
...that light, the staffing woes look particularly bad. Treasury isn't empty - Ted Truman, a former assistant secretary for international affairs, started last week, and Lee Sachs and Gene Sperling, top officials under Bill Clinton, have been on the job for weeks. But in the midst of an economic crisis, the demands on staff are so great - work frequently goes all night and during weekends - that a lack of bodies and minds more than looks awful: it's irresponsible...
...Banking] Committee work," says one Republican Senator who has served with Dodd on the committee. "Legislation to regulate the insurance industry and to crack down on Fannie Mae and Freddie Mac languished before the committee while he was on the campaign trail. Then Countrywide distracted him from the housing bill, a bill that had to be overhauled by the Obama Administration this week," the Senator says, referring to the Administration's changes to the housing program created by Dodd's bill last summer. The changes, which did not require congressional approval, were badly needed to loosen up the $300 billion...
...done of late is tack hard to populism. He has held hearings on credit-card abuses and introduced stringent legislation to prevent companies from luring consumers into dangerous amounts of debt. Last October, Senate majority leader Harry Reid took the unusual move of overriding a Democratic hold on a bill after Dodd tried to block an extension of President George W. Bush's warrantless wiretapping powers over concerns from the left about granting telecom giants retroactive immunity for working with the Administration. Most notably, Dodd, against the wishes of the White House, slipped into the stimulus bill tough limits...