Word: congressed
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...Once Congress does go along with letting Obama's Treasury Secretary have access to the $350 billion still left from the money that was allocated for the TARP, a great deal of it may be going right back out to banks. The forecast now is that Citigroup (C) could lose $10 billion this quarter. A look at what is happening to consumer credit, LBOs, and the alarming increase in corporate bankruptcies means that Citi may need more than one injection of capital this year. The same holds true for Bank of America and a number of other financial firms which...
...life, the same portraits that hung in the sitting room where the Marshall Plan and Truman Doctrine were hammered out. Today it also contains furnishings and various bric-a-brac donated by House and Garden, General Electric, and Elizabeth Arden among others. During the Blair House's last facelift, Congress agreed only to pay for its structural improvements. For decorations and other such amenities, they refused to foot the bill...
...Congratulations - if you watched this far, you've just been Rickrolled by the most powerful woman in Congress. The Rickroll, an internet meme that started a few years ago, is basically a prank in which unsuspecting viewers are tricked into listening to Rick Astley's 1987 hit "Never Gonna Give You Up". The classic Rickroll is when someone is tricked into clicking on link that takes them to a video of the song. Some examples are here, here, and here. An Obama-themed Barack Roll got more than 5 million hits on YouTube. And some kid even Rickrolled his English...
...Which raises the question: What is Nancy Pelosi doing pranking America? In a nutshell, her handlers know a Rickroll video has a far better chance of going viral (and being written about here, for instance) than a generic "Welcome to Congress on YouTube" video like this one. In that respect, it reflects relatively sophisticated understanding of how the modern Internet works for an elected public official. The Rickroll "video was aimed at attracting more attention to the YouTube channel for Congress," admits Pelosi's press secretary Drew Hammill. (The new YouTube channels launched Jan. 12 pull together all the various...
...House Minority Leader John Boehner, who tussled with Democrats over the rules governing Congress's use of sites like YouTube and Twitter, saw the Rickroll video as an opportunity to offer some tongue-in-cheek criticism. "This is the same sort of bait-and-switch we see from House Democrats on important policy matters," wrote Boehner spokesman Michael Steel in an E-mail. "They promise something new and different, and then the same old tired, annoying stuff pops up. The American people (and the Speaker's cats) deserve better...