Word: specter
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Dates: during 2000-2009
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...Moreover, the specter of insolvency might be looming for some institutions. That calls for a plan to treat zombie banks, one that does not involve more taxpayer money again. This is why it is imperative that Congress proceeds to pass new insolvency-regime legislation to allow for orderly receivership of complex financial institutions...
...sure path to oblivion. "Chick-fil-A can get fabulously wealthy with a 20% market share," scoffs Mississippi Governor Haley Barbour, President Ronald Reagan's political director. "In our business, you need 50% plus one." It's probably true that since 200,000 Pennsylvania Republicans have switched parties, Specter followed them to save his own political skin, but it's hard to see how the mass exodus bodes well for the GOP. You can't have a center-right coalition when you've said good riddance to the center...
...what Republicans need to believe. What does their three-legged stool of strong defense, traditional values and economic conservatism mean today? Does strong defense mean unqualified support for torture, outdated weapons systems and pre-emptive wars? Do traditional values mean no room in the tent for pro-choicers like Specter and Snowe? Even Joe the Plumber - who opposes abortion and homosexuality and considers America a "Christian nation" - wants the party to drop its "holier than thou" attitude on divisive social issues...
...Polls show that most Republicans who haven't jumped ship want the party to move even further right; it takes vision to imagine a presidential candidate with national appeal emerging from a GOP primary in 2012. DeMint, the South Carolina Senator, greeted Specter's departure with the astonishing observation that he'd rather have 30 Republican colleagues who believe in conservatism than 60 who don't. "I don't want us to have power until we have principles," DeMint told TIME after firing up that tea-party crowd in Columbia. Voters certainly soured on unprincipled Republicans...
...that in Connecticut, New York and Illinois, Republican challengers are handily ahead of Democratic incumbents, despite the fact that President Barack Obama won those states last year by an average of 25%. If history is any guide, Republicans will also pick up House seats in 2010. (Read "GOP Senator Specter's Party Switch Gives Obama a 100-Day Gift...