Word: congressed
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...really rude." But Obama plays the game too: his online fundraising pitches read like populist fairy tales, with the big insurance industry playing the wicked witch of K Street. And at a fundraiser in Miami on Oct. 26, the President called Grayson an "outstanding member of Congress...
...theater," says South Carolina's James Clyburn, the House Democratic whip. "People have learned to speak in sound bites and look to generate headlines." That insight is key. The headlines are what matter most, not the substance. And in Congress today, the loudest carnival barker gets the crowds...
...plenty more rivals--who determined, often by the seat of their pants, how events would unfold. In Too Big to Fail, Sorkin, a New York Times reporter, takes us inside the cozy world of Wall Street chieftains and their Washington alter egos. Why did the U.S. Treasury Department ask Congress for $700 billion in bank-bailout funds? Because $500 billion felt too small and $1 trillion politically impossible; one staffer, charged with justifying the figure, laughed "at the absurdity of it all." Sorkin's meeting-by-meeting account reveals just how close we came to any number of alternate realities...
...special interests that set aside enormous amounts of money every year for the purpose of feeding the political system, I’m talking about a serious defamation of American Democracy,” Gore said. “When the special interests want to stop reform movements in Congress, they have an enormous and unhealthy amount of power...
What reform could dramatically remake America and become law by Christmas? Not health care. While a health care bill crawls through the Senate, bills of equal significance are speeding through the Banking and Finance committees of both chambers of Congress and will share the spotlight this week on Capitol Hill. And because of the odd politics of finance, and an aggressive behind-the-scenes push by the Obama Administration, real financial reforms have a better chance of becoming law by the end of the year than an overhaul of health care...