Word: republicanized
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Even as the rest of Washington debated why the grave robbers of AIG should continue to profit from the carnage they helped cause, Senator Charles Grassley, Republican of Iowa, tended to the mob: He'd feel a little better, he said, if AIG's executives would "follow the Japanese example and come before the American people and take that deep bow and say I'm sorry, and then either do one of two things: resign or go commit suicide." Grassley's spokesman later clarified that he was just "speaking rhetorically" as far as the suicide part went...
...Chesterton argued, and a coerced one already trades at a discount, repentance offered only in exchange for immunity from further prosecution. This winter we got to watch A-Rod explain his doping and Michael Phelps explain that bong and various presidential appointees account for their tax returns and Republican Party chair Michael Steele beg Rush Limbaugh's forgiveness for telling the truth. Even the Pope, who forgives people for a living, has been having trouble: he had to apologize for ever accepting the lame nonapology of an excommunicated bishop who declared that "there was not one Jew killed...
...question poses itself: Do the Democrats take a page from the Republican playbook and threaten to “go nuclear” (as the Republicans threatened in 2005 out of frustration at Democratic cloture holds on conservative judicial nominees...
...banking industry's hopes are more modest: "As long as he comes out with details on the public-private investment fund, then it's not a miss," says Talbott. If he doesn't, he'll have an even bigger mess on his hands. Alabama Senator Richard Shelby - the ranking Republican on the Senate Banking Committee - Senator John McCain and others have called for the government to stop messing around and just let the bad banks fail. If Geithner doesn't deliver, they'll surely deliver the same verdict...
...lite who lined up Monday to share their outrage are rather powerless to act. If AIG failed, almost all experts agree, the damage to the entire financial system would be horrific. So the leadership has little to do but posture. "Unconscionable," said House Speaker Nancy Pelosi. "Outrageous," said her Republican counterpart, John Boehner. Senator Chris Dodd, chair of the banking committee that failed to regulate AIG, called on the executives to "voluntarily" forgo their bonuses. The best the government looks able to do is insist on some tough new pay restrictions going forward before giving AIG its next installment...