Word: bipartisanship
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...frivolous, small-ball distractions, a disposition that served McCain poorly when he pivoted and tried to portray himself as a sober statesman willing to halt his campaign to deal with the nation's financial meltdown. Most recently, McCain rolled out an ad calling on a new spirit of bipartisanship and cooperation in the nation's capital only a day after blaming the House of Representatives' defeat of the Administration's bailout bill on Democrats and Obama...
...House Democrats have two choices: move the bill further to the right to try and get more GOP votes (but risk alienating more Democrats) or forsake bipartisanship altogether and write a bill they like (with such provisions as more aid to ailing homeowners) that can garner enough Republican votes in the Senate and pass without input, or support, from House Republicans. Pelosi, however, has all along stressed the need to have bipartisan support for such a controversial bill only five weeks before Election Day. And some political observers argue that the Dems have very little incentive to take such...
...bill states, “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.” In a refreshing act of bipartisanship, both presidential hopefuls have strong reservations about this part of Paulson’s plan. Senator Barack Obama said, “Given the breach of trust we have seen and the magnitude of the taxpayer money involved, there can be no blank check.” In a surprising divergence from President...
Indeed, McCain’s involvement has only worsened the situation—which doesn’t exactly need the extra obstacles. In this case, presidential politics has proven a poison in an environment that has so far featured some miraculous bipartisanship. America has seen partisan bickering get in the way of real issues before. The current debate has no place in Washington; instead, bring it to Mississippi...
...sense beyond historical precedent. The US is a republic where most citizens have most of their money invested in home equity, also known as the bricks that house them, and every one of them can vote. Hence, amidst the heat of an election year, Congress suddenly seems blessed with bipartisanship and eager to approve the RTC-inspired bailout...