Word: republicanism
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...just break up the biggest firms? I'm a Republican and a former Wall Streeter and don't favor government intervention in markets. But I can see where breaking up the banks would be a positive for the free markets. We want a system where firms are able to take risks, but we have to protect ourselves from the risks eating us alive, which can happen when the risks are concentrated in just a few banks. Breakups would distribute risk over a greater number of players and would probably be good for the banks as well. Most financial firms...
Such a transformation seems, on the surface, improbable. The dispositions of these two executives could not be more dissimilar. Whereas TR was known for his vigor and zeal, Obama’s presidency is remarkable for its cool. But perhaps this is changing. In his recent meeting with House Republicans, Obama took fire from the opposition on a national broadcast and appeared, for the first time in a long time, to be the proverbial man in the arena, brow marred with sweat. The president systematically dismissed many Republican counterarguments as mere political posturing—something fresh, something promising...
Theoretically, Florida's 1995 legislation should have pre-empted more-severe local ordinances. Yet most state politicians didn't want to be seen as coming to the rescue of sex offenders. Governor Charlie Crist, now a Republican candidate for the U.S. Senate who is facing a more conservative opponent for the GOP nomination, has largely ignored the municipal laws as well as the Julia Tuttle eyesore, even as it has become a cautionary symbol of how restrictions can backfire. (See pictures of crime in Middle America...
...Republicans still chafe at being labeled as the party of no; House Republican Conference chairman Mike Pence claimed last Friday that Obama's visit to talk to the GOP caucus had validated their contention that they have legitimate policy ideas of their own. But there is no doubt that the obstructionist strategy helped bolster the beleaguered fiscal-conservative arm of the Republican Party. After eight years of growing the government under the Bush Administration, creating new entitlements and funding bridges to nowhere, their reputation was in shreds. "It was a very dangerous strategy because, if the stimulus worked, the Republicans...
...that time, House Republican leaders were facing a newly elected Democratic President with approval ratings in the 70s and an economy in the tank. After two bruising election cycles in which the GOP lost the White House and both the House and Senate, pundits were predicting they might be at the dawn of another 40-year stint in the minority. President Obama was publicly reaching out to Republicans on the massive stimulus bill, but something made House minority leader John Boehner and No. 2 House Republican Eric Cantor pause at the idea of working hand in hand with Obama...