Word: unioneering
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...financial reform between the House and the Senate, and the Democratic caucus within the Senate is again divided. And as the House bill got watered down a bit, some reformers saw Treasury's fingerprints. For example, Michael Greenberger, a policy adviser to Americans for Financial Reform, a coalition of union, consumer and environmental groups, says Treasury lobbied "vigorously" for loopholes exempting certain over-the-counter derivatives from new regulations, a key objective of centrist New Democrats who took their concerns to Geithner - and one shared by the Chamber of Commerce, the National Association of Manufacturers and big banks...
...their business. It's a whole other matter to be met with cold stares when you are the President of the United States, talking in prime time before a joint session of Congress, when your party controls both chambers by historic margins. (Read "Obama's State of the Union Address: Five Ways to Judge Its Success...
...President Obama spoke the first 676 words of his State of the Union address on Wednesday night before the first hand clap. His tone was so somber, and the room's mood so grave, that no one moved when Obama said, "We must answer history's call." There were no ovations when he called for "Democrats and Republicans to work through our differences, to overcome the numbing weight of our problems." He got no love for saying, "The worst of the storm has passed." (See "Judging Obama's First Year, Issue by Issue...
...strategy for passage. He gave glancing mentions to both repealing the ban on gays in the military and confronting immigration reform but offered no clear hope for resolving those issues. He was fiercely critical of the Supreme Court's recent ruling to allow corporate and union contributions to political campaigns, earning himself a disapproving head shake from Justice Samuel Alito, who sat in his robe in the second row. Obama also spoke at length about the deficit, saying he would freeze government spending, but not until next year. When some Republicans snickered at the delay, suggesting through their derision that...
...Although it was his first official State of the Union address, it was the third time that Obama had addressed a joint session of Congress in prime time. The first, in February 2009, was an introduction, a statement of goals and principles. The second, in September, was a defensive play, an attempt to reclaim the high ground on health care, which had begun to slip away. This third time was a declaration of his having survived his first serious setback and of his determination to keep trying...