Word: bipartisanism
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...asking Congress for $700 billion overnight when lawmakers have been unable for years to find funds for all sorts of other national priorities provoked a bitter and bipartisan backlash. "Paulson confused venture-capital behavior with leading a free society," says former House Speaker Newt Gingrich. "I don't know why Bernanke thinks a problem largely created by the Fed and the Treasury is something that only the Fed and the Treasury are smart enough to fix." Others went further: "It's financial socialism," Senator Jim Bunning of Kentucky told Paulson and Bernanke at a stormy Senate Banking Committee hearing...
...face of political necessity. His poll ratings have sunk noticeably in recent days, as voters leaned toward the Democrats in a time of economic worry. The suspension was designed in part to commandeer an issue that has belonged to Obama and to try and show above-the-fray bipartisan leadership of the kind independent voters appreciate...
...government tried several stop-gap measures to no effect and in late 1992 opted for a complete re-booting of Sweden's financial system. Conservative Prime Minister Carl Bildt's administration sat down with the center-left opposition and came up with a bipartisan, multi-tiered approach. The government issued blanket insurance for a period of four years to creditors in all the country's 114 banks. It established an agency to oversee all banks that needed recapitalization and told them to immediately write down their losses...
...Columbia University, which I co-moderated with PBS's Judy Woodruff. Time was a co-sponsor of the forum and the summit the following day, which included First Lady Laura Bush, Caroline Kennedy and Senators Hillary Clinton and Orrin Hatch. It was there that Senator Hatch announced his bipartisan national-service bill, co-sponsored by Ted Kennedy. I'm proud of TIME's continued leadership on this front, and I'm already looking forward to our third annual service issue next year...
...committed to poverty reduction and urban issues.” Reverend Hamilton followed Bush’s speech with a discussion about his experiences as a pastor at the Roxbury Presbyterian Church and, like Bush, emphasized the importance of engaging the poor and building community relationships. Hamilton praised the bipartisan nature of last night’s event and highlighted the need to work together across political and racial lines against poverty. “The call of the poor is potentially a contemporary common good that if seen correctly, could move us beyond our narrow interests into uncommon unity...