Word: warners
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Dates: during 2000-2009
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...Obama will keep at least one eye on the Electoral College map right through November. That means Obama will be considering choices like Ohio governor Ted Strickland (though Strickland says he would turn down the offer) or one of three possibilities from Virginia - Governor Tim Kaine, former governor Mark Warner or Senator Jim Webb. Or perhaps a Westerner like Montana governor Brian Schweitzer. McCain might get an Electoral College boost by picking Minnesota governor Tim Pawlenty, Pennsylvania's ex-governor Tom Ridge or former rival Mitt Romney, who has family roots in pivotal Michigan...
...leading McCain's vice presidential search, Arthur B. Culvahouse, was - you guessed it - a former lobbyist. To make matters even more complicated - and absurd - Culvahouse used to lobby for Fannie Mae, the rich and well-connected mortgage company where Johnson previously served as chairman and CEO. (Full disclosure: Time Warner, the parent company of TIME, is another of Culvahouse's former clients...
...fair, no one ever called Lieberman-Warner itself inevitable. Sponsored by Independent Democrat Joe Lieberman of Connecticut and Republican John Warner of Virginia, and taken to the floor by Democrat Barbara Boxer of California, the liberal chairman of the Senate Environment and Public Works Committee, the bill was never given much chance of passage. Its carbon-reduction targets were tougher than the business community wanted, but not as tough as many greens demanded. And it was complicated, even bloated - it would have raised $6.7 trillion over 40 years by auctioning global warming pollution permits, using great gobs of that money...
...deal-breakers (how to contain costs, what to do about China) that need to be figured out before any such bill can pass. But not much of that table setting took place last week, because the debate never made it past the partisan bickering and economic fear mongering. Lieberman-Warner was strangled in its crib, because moderate Democrats weren't ready to go this far, because Boxer and the enviros weren't willing to compromise on their core issues, and because the opponents of global warming legislation remain strong, even though their favorite old tactic, denying the science of global...
Lieberman-Warner, like any cap-and-trade bill, would increase the cost of energy derived from fossil fuels while giving clean, alternative energies an enormous boost. In other words, it would drive up gasoline prices and coal-powered electricity rates in the short term (though by smaller amounts than the doomsayers were claiming last week) while delivering far greater energy savings over the long term - by unleashing a clean energy economy that creates jobs and helps free the U.S from dependence on foreign...