Word: republicanisms
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...billion worth of business. The first time the companies came calling, on Nov. 19 and 20, Congress blew a radiator. "Even though all Americans want this industry to succeed, I cannot support a plan to spend taxpayer money to bail them out" is the way Spencer Bachus, the ranking Republican on the Committee on Financial Services, got the House hearings going. The incoming Administration is not holding out much hope that Congress can find a solution in the coming weeks. Instead, it is looking at what options - and pots of money - will be available once Barack Obama takes office...
...fund and has made no secret that it's shopping for a merger partner, will spend the money. "It troubles me a little bit knowing that basically all we're really doing is providing a little capital for y'all to hang around long enough to get married," said Republican Bob Corker of Tennessee...
...since their last disastrous appearance on Capitol Hill was the need to present a better face to their plight. They all drove hybrid or fuel-cell vehicles from Detroit, in stark contrast to the corporate jets all three arrived in last month. Senator Richard Shelby of Alabama, the top Republican on the panel and a fierce opponent of giving them any aid, grilled them on their road trips. "Did you drive? Did you have a driver?" he pressed. "Do you plan on driving back...
...Most informed people acknowledge that the financial mess began not with Republican deregulation but with liberal social engineering - exploited by Wall Street, to be sure, and unchecked by either party. If liberals rule unconstrained, we won't recognize our country in 30 years. Lori Zimmerman, Red Bank...
...Beinart's brilliant essay ought to be sealed in a TIME capsule to be opened at the end of this generation. Barack Obama and the Democrats have broken the reign of the Republican "corporatocracy" and throttled the neocon New American Century in favor of the ancient Oriental wisdom of peaceful coexistence of freedom and order. The recent Republican ineptness in matters foreign and domestic has jolted us into the revelation that conservative dogma has been largely naive and misguided, and the wise course into the future is progressive. Roger Steed, Dayton, Ohio...