Word: clintonism
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...collapse of Lehman Brothers. But according to a senior aide, Obama overruled them. "The President has a big megaphone, and he intends to use that megaphone," senior adviser David Axelrod told ABC News of the decision to go ahead on Sept. 9, 16 years to the month after Bill Clinton tried to do the same thing. (White House officials downplay any Clinton comparison and point out that they are far closer now to the goal line than Clinton was - or, for that matter, than any Democratic President has ever been. The bill has already passed three committees in the House...
...motives. Potter warns that the industry's cooperation, which has been hailed by Democrats, is hogwash, a "charm offensive" designed to disguise its true motive: profit. "This is just a repeat of what they've done before," says Potter, who was hired by Cigna around the time of President Clinton's push for reform in the early 1990s. Insurers were then, as now, pledging change in order to improve health care for Americans...
...crosshairs of their countries' overweening generals. "I think the armies and the business elites they back in those countries are watching the Obama Administration's moves on Honduras very closely," says Vicki Gass, a senior associate at the independent Washington Office on Latin America. While Gass applauds Clinton's threat to reject Honduras' November election results as a "very positive step that shows the U.S. is serious again about multilateral effort in Latin America," she fears the U.S. has "created risks in other countries" by not designating Honduras' putsch as military...
...Obama Administration has political reasons for eschewing the m-word. The most important is that calling an overthrow a military coup requires certification by Congress - where Obama and Clinton foresee a fight they'd rather avoid. Conservative Republicans are angry at Obama's support of Zelaya, who they insist was trying to remove presidential term limits in Honduras and usher in a socialist government like that of his oil-rich left-wing ally, Venezuelan President Hugo Chavez. As a result, they're blocking a number of the White House's State Department appointees, including Arturo Valenzuela, Obama's pick...
...Zelaya's alleged infractions, they should have been addressed legally, not militarily. "It's time to call this bird what it is," a military coup, and move on with whatever tougher sanctions that might mean in order to get the Micheletti regime to back down, Berman wrote. Obama and Clinton still feel a negotiated settlement in Honduras can be reached. But the Micheletti regime, which human rights groups say has cracked down violently on many Zelaya supporters (a charge it denies), has so far indicated it won't be swayed by the latest U.S. sanctions...