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...fact that Obama is now calling for even tougher measures may make it even tougher to attract votes from Republicans or finance-friendly Democrats like Tim Johnson of South Dakota, where Citigroup (like most card issuers) has chartered its credit-card division. But Republicans haven't shown much inclination to cast votes to help Obama get anything done. And even if there were still 60 Democrats in the Senate, the health care saga demonstrated the difficulty of keeping them all on board without watering down the legislation, infuriating the party's base and ultimately disgusting the electorate through extended exposure...

Author: /time Magazine | Title: Can Obama Profit from a Wall Street Crackdown? | 1/22/2010 | See Source »

...bill faced a somewhat tougher fight in the Senate, however. In an opposition campaign led primarily by Republican Senators John P. East and Jesse Helms of North Carolina, some attempted to emphasize King's associations with communists and his alleged sexual dalliances as reasons not to honor him with a federal holiday. As part of his efforts, on Oct. 3, 1983, Helms read a paper on the Senate floor, written by an aide to Senator East, called "Martin Luther King Jr.: Political Activities and Associations" and also provided a 300-page supplemental document to the members of the Senate detailing...

Author: /time Magazine | Title: Martin Luther King Jr. Day | 1/18/2010 | See Source »

...they getting TLC in Washington. The House of Representatives has already passed a cap-and-trade bill, but the going will be tougher in the Senate, where supporters will need to get 60 votes to overcome a Republican filibuster. Already, conservative Democrats - especially from the coal-dependent states of the Midwest and South - have made noises about opposing a cap-and-trade bill or perhaps replacing it with a law that would include wider support for clean energy but without the price on carbon. That, however, might not be enough to kick-start scaled-up clean-energy investments. "Without...

Author: /time Magazine | Title: After Copenhagen, Getting Business into Green Tech | 1/15/2010 | See Source »

...really?" an ominous voiceover asks about the Republican candidate vying for Ted Kennedy's former Senate seat. The ad's answer comes in a quick montage of conservative Republicans, past and present - George W. Bush, Dick Cheney, Rush Limbaugh, Mitch McConnell - followed by a populist pitch. "He'll block tougher oversight of Wall Street, give more tax breaks to the wealthiest," the breathy announcer continues...

Author: /time Magazine | Title: Taking on the Banks: Obama's New Populist Pitch | 1/15/2010 | See Source »

...took the unprecedented step of condemning steroids in his State of the Union address, saying the use of the "dangerous" drugs in baseball, among other sports, "sends the wrong message - that there are shortcuts to accomplishments, and that performance is more important than character." That same year, standards grew tougher and major leaguers submitted to their first mandatory steroid tests. Under the penalties first introduced for doping in 2005, 12 players were suspended for 10 days each...

Author: /time Magazine | Title: Steroids | 1/13/2010 | See Source »

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