Word: jimming
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...Whether those campaign promises can survive the economic meltdown looks uncertain. In the presidential debate on Sept. 26, Jim Lehrer pushed Obama and McCain to name which programs they would need to drop during the recession. Pressed into answering, Obama said he would not abandon his program to make the U.S. independent of foreign oil but admitted that "there may be individual components that we cannot...
...warning about for several years; their gripe is that the supposed solution now includes the same out-of-control pork barrel spending that they have been decrying. "The way I see it, the bailout forced us to go into the flooded basement and pump out the water," says Rep. Jim Cooper, a Tennessee Blue Dog, "and while we're down there we see there's termites everywhere...
...Senate's maneuver, will likely sign on reluctantly as well. But even with Barack Obama calling some of the Blue Dogs to get their support, not all of them have been convinced. "I don't believe this bill is the right medicine to cure the disease," says Rep. Jim Matheson, a Utah Democrat who co-chairs the Blue Dogs. "The Senate version is even worse. It's larded up with more debt and doesn't include long-term reform language that would prevent this kind of crisis from happening again." Matheson, who voted against the first bill, remains a solid...
...issue for the foreseeable future as Congress investigates what led to the mess and looks into tightening regulations to prevent a similar collapse. "Whatever we do today will start a process that will hopefully get us where we need to be in the not too distant future," says Representative Jim Clyburn of South Carolina, the No. 3 House Democrat. Members and candidates are now free to get back to the campaign trail for the final month before Election Day, but they are all mindful of the cost, both political and economic, of the crisis...
...needed any further evidence of a jaw-dropping double standard, we have to contemplate the sheer impossibility that someone who wrote a positive biography of McCain being chosen to moderate a debate." - the National Review's Jim Geraghty...