Word: democratic
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Dates: during 2000-2009
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They are different in so many ways: one Republican, one Democrat; one in his 70s, one in his 40s; one white, one black. But John McCain and Barack Obama share the genome of the alpha pol. Timing and instinct are among the dominant traits. How else to explain the fact that both men chose precisely the same day - nearly the same hour - to field press questions for the first time about the collapsing financial sector and the government's proposed $700 billion bailout? Like the cicada crawling up from the earth precisely 17 years after its mom lays her eggs...
...also makes for quick and easy implementation. "When you go to a financial institution and say, 'We'd like to buy your bad assets,' they're going to say, 'Let's sit down and talk right this minute.' " Some on Capitol Hill, including Representative Barney Frank, the Massachusetts Democrat who heads the House Financial Services Committee, think the deal is too sweet for Wall Street and are pushing to give taxpayers a piece of equity in the companies they would bail...
...Paulson argued that the Bush Administration's plan is "the single most effective thing we can do to help homeowners, the American people, and stimulate our economy." And he stressed that despite fears on Capitol Hill, he does believe there should be some oversight of the unprecedented bailout. But Democrat Chris Dodd of Connecticut declared, "It is not just our economy at risk but our Constitution as well," while ranking minority member Richard Shelby of Alabama, a vocal critic of the plan, said, "I have long opposed government bailouts for individuals and corporate America alike ... We have been given...
...bitter custody battle with Palin's sister Molly McCann and was accused of threatening members of the governor's family. The investigation has since been painted by John McCain and Palin backers as a purely partisan exercise, particularly because the committee chair, state senator Hollis French, is an Anchorage Democrat who made several seemingly prejudicial statements to the media early on, including that the probe could yield an "October surprise" right before the election. Palin spokeswoman Meg Stapleton says French has already made up his mind about the governor's guilt and at this point is "just leading people into...
Instead, Palin plans to cooperate with an investigator from the state personnel board. That investigator is a Democrat, but the board's three members are political appointees who ultimately answer to the governor herself. (One was appointed by Palin, the other two by her predecessor.) They got involved only after Palin took the unusual step of filing an ethics complaint against herself in early September to spark an investigation that her lawyers hoped would overshadow - and effectively kill - the legislature's inquiry...