Word: messes
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...forced to swallow the Senate's single bill. House members would then be forced to vote for or against the budget along with the bailout, giving them a measure of political cover. In the end such an approach may be the only viable way out of a fine mess that has left markets reeling, the economy on the brink of collapse and Washington looking once again like the dysfunctional place that both Barack Obama and John McCain have pledged to change...
Ultimately Paulson, Bernanke and Geithner must convince the public that fixing the financial mess requires a dramatic expansion of government power--and in particular, the power of their respective offices. That may be a tough sell, in part because the disaster was as much a failure of the political system as of the financial one. Over the past decade, politicians, scooping up campaign contributions from Wall Street, took down the guardrails that had existed since the Depression. And few were better connected in the corridors of power--or more successful at deflecting proposals for tighter government supervision--than mortgage giants...
...Anna, an unwieldy epic that leapfrogs four decades and two continents while trying to cram the undertold history of black soldiers in World War II into a fable of the friendship between an Italian boy and his "chocolate giant." At more than 2 1/2 hours, it's a mess, but it's got battle scenes that thrill and horrify and a brilliantly choreographed slaughter of Italian innocents; the title could have been Massacre at St. Anna...
...Obama: "It is wholly unreasonable to expect that American taxpayers would or should hand this Administration or any Administration a $700 billion blank check with absolutely no oversight or conditions when a lack of oversight in Washington and on Wall Street is exactly what got us into this mess...
...People like a President who seems to share their passions, tastes and grievances, so McCain probably struck a chord with his obvious loathing of the "Wall Street tycoons" and backroom Washington dealmakers he holds responsible for this mess. It's his nature to see problems in terms of personal culpability; while other leaders were debating the best way to set a price for distressed debt, McCain was calling for the head of Christopher Cox, chairman of the Securities and Exchange Commission. Both Obama and McCain maintained that greed is the root cause of our troubles, but in Obama's mouth...