Word: dealing
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Money-back guarantees hardly seem to go with higher education. And offering them to prospective applicants during a recession sounds downright insane. But that's the sweetheart deal a community college in Michigan has started dangling to try to increase its enrollment. Beginning in May, people who take six-week courses in certain subjects will be guaranteed a job within a year - or else they'll be refunded their tuition money...
...course, a deal could happen before August if everyone really wanted one. But that is not the case. See YouTube's 50 Best Videos...
...money around Washington to block reform. It's at least plausible, as I've written, that if President Obama succeeds at framing reform as a stark banks-vs.-people choice, and enough Republicans get nervous about the political price they might pay for siding with Wall Street, a deal could be cut to get the issue out of the news before November. And the most recent behavior of Republicans - their hopeful rhetoric about reform, their sudden openness to concessions on the consumer financial-protection agency they've been bashing for months - is consistent with a desire to cave rather than...
...other hand, watering down reform to cut a deal with the GOP could alienate a liberal base that already felt neglected after the public option was stripped out of health reform. And the health care experience showed Democrats that the horse-trading necessary to corral 60 Senators can end up producing cornhusker kickbacks that make reform unpopular...
...could happen. But don't be surprised if in a few months you see Gregg shaking his head sadly: If only the Democrats weren't so intransigent about proprietary trading, or 15-1 leverage restrictions or something else you've never thought about, we could've had a deal. And don't be surprised if the Beltway consensus then concludes that failure was inevitable...