Word: controller
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...entirely) from private hands. Banks and policymakers will essentially have a few different options: banks can issue more common stock; policymakers can push more conversions of preferred shares (or liabilities) into tangible common stock of the troubled banks; or more capital can be injected using taxpayers money, effectively taking control and (partially) nationalizing the banks...
...Maybe one of the new GOP chin-stroking groups will come up with some killer new ideas to help the party reconnect with ordinary Americans. But Republicans know their best hope for recovery, whether they say it like Limbaugh or merely think it, is Democratic failure. Now that Democrats control both Congress and the White House, hubris is a real possibility; it's hard to imagine Obama floating his pitiful plan to cut $100 million in waste - a mere 0.0025% of federal spending - if he had to worry about a formidable opposition...
...simple majority vote in the Senate. But the process could run into the same two roadblocks that caused universal health insurance to fail in the past: the specter of "socialized medicine" and the fear that the cost of the program will, like that of other entitlements, spiral out of control...
...most devastating thing our state has ever seen." To Sanford, Leatherman is a fraudulent Republican franchisee, but to most Republicans in the legislature, the governor is the one tarnishing the brand. "Most of us are Ronald Reagan Republicans, Strom Thurmond Republicans," grumbles Senate majority leader Harvey Peeler. "Republicans control everything around here. It would be nice if we could accomplish something...
...With oil refineries targeted as the point of control for vehicular sources of warming gases, Texans are fighting for the same concessions as other energy-intensive industries. A proposal that renewable resources account for 25% of electricity by 2025 has upset Southerners, who lack the solar and geothermal energy of other regions. They are seeking credit for nuclear and hydroelectric power more plentiful in their part of the country...