Word: creditably
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...this happen? Part of the credit, to be sure, lies with the efforts of “Team Coco,” a zealous faction of fans who protested in support of the late-night host throughout the country. But even more, Conan’s show underwent a substantive change. Simply put, he stopped being nice. It was only when he injected his jokes with venom and directed them at a relevant target that his ratings soared...
...bill the House passed in December closely tracks the Treasury proposals; Geithner's aides say they got at least 80% of what they wanted, including the stand-alone consumer agency, an easy-to-understand innovation for Americans who think mortgages and credit cards should be as safe as toasters. Many of the differences were technical or turf-based: how to structure the resolution authority and regulate systemic risks, a loophole exempting "industrial loan companies" from various regulations, more loopholes shielding community banks and auto dealers (known for their pull with local Congressmen) from the new consumer agency's direct oversight...
...Jared Bernstein in Vice President Joe Biden's office. Volcker was never really persona non grata; he's friendly with Biden, and Goolsbee says Volcker spoke "extensively and repeatedly" with all the key players - including Obama. Still, White House officials were increasingly frustrated that they weren't getting credit for going after Wall Street. "It came up in every meeting: This bank stuff is killing us and killing us," a Treasury official told TIME...
...Obama spoke about creating jobs for small business, Boehner spread his hands and cocked his head as if to say, "So now you're getting it." When Obama congratulated himself for not raising income taxes by "a single dime," Boehner looked incredulous - as if to say, "Really, he wants credit for that?" When Obama asked "if anyone from either party has a better approach" to health care reform, Boehner shot out of his seat and raised his hand. He was not called...
...edge is due to the different stimulus programs adopted by the two countries to support growth during the downturn. China implemented what Walker calls "the biggest stimulus program in global history." On top of government outlays for new infrastructure and tax breaks, Beijing most significantly counted on massive credit growth to spur the economy. The amount of new loans made in 2009 nearly doubled from the year before to $1.4 trillion - representing almost 30% of GDP. The stimulus plan worked wonders, holding up growth even as China's exports dropped...