Word: plan
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Obama outlined his plan for $117 billion worth of bank taxes to recoup the costs of bailouts even before Scott Brown's Massachusetts victory gave Republicans the 41st vote they need to filibuster the Senate. The newest proposals - further limits on the size and risk profiles of financial firms, plus bans on commercial banks playing the markets with their own cash or owning hedge funds or private-equity funds - had also been debated internally for months. But no matter what the White House spinners say, the heightened emphasis on taming Wall Street is a direct response to Obama's political...
Really, though, this shift is more about politics than substantive differences in policy. Geithner strongly supports a stand-alone consumer agency, and he devised the plan to impose taxes on liabilities of the biggest banks, not only to recoup the bailout money but to discourage excessive risk-taking and excessive size. He just happens to be allergic to populism, and Obama political adviser David Axelrod wants to strike a much more populist are-you-with-us-or-the-banks tone in 2010. Axelrod and Obama aide Valerie Jarrett met at the White House on Wednesday with Harvard law professor...
...what may set the service apart is independent films. Alongside the rental program, YouTube is launching a program called "Filmmakers Wanted" that provides a platform for independent filmmakers to handle their own marketing and distribution via YouTube without relying on studios. According to the blog post that announced the plan, "They can decide the price of their videos and the rental duration; they can decide when and where their content is available; and they can keep 100% of their rights...
Depending on the interests of its members, the Harvard Democrats plan to focus on issues such as healthcare, education reform, and climate change, according to Berkenfeld...
With the books now in possession, a more daunting problem confronted the project volunteers: moving over a thousand books 2,000 miles southward. In fact, the volunteers’ initial plan of hauling the books to El Salvador in fat suitcases seemed like an absurd idea, according to Carlson...