Word: reformations
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...Great Deregulator has thus become a believer in regulation, at least in the messed up mortgage market. That's because the alternative to concluding that the mortgage market is in need of serious reform, Gramm said, is to conclude that financial capitalism doesn't work. And he's nowhere near ready to conclude that...
...Senate seat, one close associate says of Ted Kennedy's relationship with his niece. "But using him as an excuse, as though things were on the downward spiral, is not going to be O.K. with him ... This will get in the way of health reform" - by suggesting that a key legislator involved in putting the bill together may be incapacitated...
...best described as a big potential headache. Opponents are already appealing to him to halt construction and re-evaluate the project. But so far, the new Administration has given no indication that it is seriously considering doing so. While it has said it will make comprehensive immigration reform a priority, a spokesperson told TIME that Obama supports the fence "as long as it is one part of a larger strategy on border security that includes more boots on the ground and increased use of technology...
...conservationists who fear their 30-year effort to string parcels of land into a necklace of treasured preserves for native fauna and flora will be destroyed as the acreage ends up in a riverside no-man's-land. On Wednesday, Obama's first day in office, advocates of immigration reform are holding a rally in Washington in which a multisectarian group of religious leaders will give the Immigration and Customs Enforcement Building a ritualistic cleansing to highlight the call to end workplace immigration raids and the construction of the border fence. (See pictures of the fence between...
...made clear that his domestic liberalism would be enacted conservatively. Where government programs can help, he said, "we intend to move forward." If they are useless or outdated, "programs will end. And those of us who manage the public's dollars will be held to account - to spend wisely, reform bad habits and do our business in the light of day." Overseas, he warned, "those who seek to advance their aims by inducing terror and slaughtering innocents ... You cannot outlast us, and we will defeat...