Word: democratator
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Dates: during 2000-2009
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Greenberg is not likely to escape tough questions. It was Greenberg, after all, who supervised Joseph Cassano, chief of AIG's Financial Products (FP) unit, whose sales of uncollateralized credit-default swaps brought down the company. Representative Peter Welch, a Vermont Democrat and committee member, blamed Greenberg for "allowing a culture to develop that completely contradicted the insurance-company ethic of limiting risk." Greenberg, Welch said, is trying to redeem his reputation on the grounds that "he was out the door before the roof fell...
...surprise that staunch religious conservatives are less than keen on the idea of having a Democrat as the speaker and honorary degree recipient at one of the best-known and highly regarded Catholic universities in the United States. That news became old news faster than the average Boston College freshman gets drunk on his first St. Patrick’s Day sans parents. The defenses given for the choice were equally predictable: It was not intended to reflect the majority opinion held by members of the Notre Dame community on the issue of abortion, but rather to honor a president...
...ignores the role that faith plays in the lives of many Americans—including intellectuals at institutions such as Notre Dame. While many agnostics might be loath to admit it, intense religiosity is not entirely antithetical to intellectualism. It might be hard for the card-carrying pro-choice Democrat at Harvard to comprehend that a young, bright college student or university scholar would object to Obama as Notre Dame’s commencement speaker. It is nearly impossible for many Ivy League intellects to associate him with anything but progressivism, hope, change, and various other inspiring motifs that...
...Recognizing that their bill was just an opening gambit, the two House Democrats notably left open one of the most controversial questions: whether, under a carbon cap-and-trade system, to auction off pollution credits to companies, as Obama's plan would do with 100% of them, or to give away some or all at no cost. If even a portion of the credits are auctioned off, the scheme could produce hundreds of billions of dollars in revenues, since almost every big company in America would need to buy the credits to initially comply with the more stringent standards...
...think the process here will be informed to some extent by what happens in the House, and we'll learn from what they're trying to get done," said Senator Tom Carper, a Delaware Democrat and longtime sponsor of climate-change legislation in the Senate. "My hope and belief is, by the time we break for August recess, we'll have had the opportunity to bring the bill to the [Senate] floor and hopefully start debating...