Word: reformers
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Divinity School Professor David Lamberth, Chair of the Library Implementation Work Group, said that yesterday’s initiative is a small step toward’s the University’s greater library reform goals. Later this month, the work group will establish a subgroup focusing on external collaborations...
...funny how fast the Beltway consensus can change. A few months ago, health care reform was dead. Then it got undead. Financial regulatory reform was supposedly dead too, but now that Republicans have supposedly learned that pure obstructionism is a losing play, it's being treated as a done deal. Democrats like Obama's economic adviser Larry Summers and Senate Banking Committee chairman Christopher Dodd are saying it's going to pass, perhaps as early as next month. So are key Republicans like Senator Judd Gregg of New Hampshire, who recently put the odds of passage...
...conceivable that a new wave of bipartisan cooperation will sweep financial reform into law - even though the House version passed last year with zero Republican votes; even though Dodd's version passed through committee last month with, yes, zero Republican votes; even though Big Finance is blasting boatloads of 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...
...apart. We saw this movie during health care. And if you focus on the fundamentals - political and substantive - instead of the latest Washington kabuki, the path to passage is a lot harder to envision than the path to oh-well-maybe-next-year. (See the top 10 health care reform...
Start with the calendar. Financial reform still needs to get through the full Senate. Then the House and Senate would have to work out a compromise bill, which would have to get through the House and Senate again, which would mean ample opportunities for filibusters and other delays. And the window for bipartisan cooperation - never a particularly large window - gets smaller every day. "Time is not the friend of reform," an Administration official told me in January. "This won't get done after everyone goes home to campaign in August...