Word: heard
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...breaking the bipartisan spirit of the proceedings. "The Speaker had to give a partisan voice [sic] that poisoned our conference, caused a number of members we thought we could get to go south," Boehner ranted to reporters after the vote - as if partisan speeches had never before been heard on the House floor...
...like the financial press has swept the story under the rug, certainly. But what we've generally heard are either dire - but very vague - warnings or the general argument that, if credit dries up, that affects loans to businesses and little guys, and people start to lose jobs...
...impact. That's not a service to the audience, but it's the impression I've gotten at times even from business journalists I normally admire. Last night on PBS's NewsHour, for instance, an anchor put the question to the New York Times' Joe Nocera. I've heard him discuss business news in layman's terms masterfully on NPR for years; if anyone could put this in perspective succinctly, I thought, it would be him. But his answer was yet another of those general explanations - businesses lose access to money, people lose jobs - that avoided that essential question...
...that the straight business press has left a vacuum in explaining the consequences to the public. And that vacuum has been filled by professional gabbers like Glenn Beck and James Cramer, both of whom were predicting a possible Great Depression yesterday. They might well be right, but we've heard them get so excited about so much for so long, who can possibly know? The vacuum has also been filled by political columnists and pundits, some of whom (like Paul Krugman) actually know a lot about the subject. But again, when the most specific predictions about the bailout bill - that...
...crisis draw all eyes to Washington and how it works - and no one much liked what they saw. A government that could not lift a finger to fix health care or highways could suddenly find $700 billion for No Banker Left Behind? And so this time, people made themselves heard: they passed petitions, lit up the phone lines, melted the message boards. In an age of poisonous partisanship, it was like an antitoxin, the country drawn together, red and blue, young and old, in disgust at elected Representatives who had failed to foresee or forestall a man-made, slow-motion...