Word: democratizing
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...current climate of fear, there's good reason to think before speaking. Just ask Sen. Charles Schumer. In June the New York Democrat warned that mortgage lender IndyMac Bancorp was on the brink of collapse. His remarks, regulators say, caused a run by depositors that helped bring down IndyMac. Schumer rejected that assertion, saying blaming him is like blaming the fire on the guy who calls...
...Finding a balance between secrecy and disclosure is a tricky business, as Senate Majority Leader Harry Reid discovered on Oct. 1. After the Democrat from Nevada emerged from a luncheon on Capitol Hill, he spoke briefly to reporters about the financial crisis, mentioning that another insurance company was in danger of following AIG into failure. "One of the individuals in the caucus today talked about a major insurance company - a major insurance company, one with a name that everyone knows - that's on the verge of going bankrupt," Reid said. The senator stopped short of identifying the company, which might...
...that McCain has made it any easier for himself. Over the weekend, the Republican nominee convened an economic strategy session after last week's attempt to paint Democrat Barack Obama as a pal of terrorists largely fizzled. But nothing new came out of the event. And so what was billed as the candidate's big relaunching was, in terms of substance, a collection of things McCain has been saying already - but this time said in a really gloomy, harrowing...
According to Senator Ron Wyden, the Alaskan gas slated for Asia between 2009 and 2011 could meet the annual consumption of 1.4 million American families. The Oregon Democrat has accused Palin of a "major contradiction" between her support for gas exports and campaign emphasis on more drilling to slake US energy needs. "It's pretty outrageous to scare Americans about energy shortages while she has been approving export of billions of cubic feet of natural gas that could be providing energy to homes in Alaska and the lower 48 states," he said...
...Moore distributed ramen noodles and clean underwear to consistent nonvoters in the hopes that their support would sway the election against incumbent George W. Bush. The narrative of the film begins straightforwardly. The opening scenes recount the effects of the “Swift Boat” attacks on Democrat John Kerry’s campaign. Ominous music plays as the words, “This is the story of one filmmaker’s failed attempt to turn things around” appear onscreen. Yet the documentary loses direction with startling celerity. Gone is the Michael Moore who sharply...