Word: welles
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...fact, Dodd said Thursday that he's still optimistic about a consensus bill. He hinted that when he unveils his draft on Monday, it will reflect the compromises he's already made with Corker. But common sense, as well as leaks from their talks, suggest that those compromises - stripping the consumer agency of enforcement power, exempting payday lenders from new regulations, blocking any state regulations that are stricter than federal ones - would remove teeth from the bill. And perversely, that would make consensus - which is pretty unlikely anyway - just about impossible...
...cobbling together 59 Democrats and a Republican; it's probably hopeless, and certainly hopeless without cutting unsavory deals like the toxic Cornhusker Kickback on health care. But weakening the bill won't get him to 60 either; it will just alienate Democrats committed to reform in the House as well as the Senate, while most Republicans will still find some reason to oppose...
...truly independent, with its own budget, its own presidentially-appointed director, and preferably its own address; it can't be subservient to the larger mission of the Treasury or the Federal Reserve, and it shouldn't be tucked in their basements. It would have to enforce rules as well as write them; otherwise, we'd remain dependent on the same regulators who failed us last time. And those rules would have to apply to all bank and non-bank institutions, including the payday lenders who contributed so generously to Corker's campaigns; otherwise, the loan business would simply move...
...thinks the most important relationship between Indonesia and Australia is people smuggling has vastly overestimated how important people smuggling is, and vastly underestimated how important Indonesia is," says White. Instead, White believes that Australia should demonstrate more engagement with Indonesia's economy, the third fastest growing in Asia, as well as their strategic position in the South East Asian region. "Rudd doesn't seem interested in how far the country has come in the last ten years and how far it will continue to grow. We see it as a big country, but a weak country... Indonesia is actually...
...called the BBC a "rotten old cherry" and said there was not a "shred" of evidence to support the claim) drew support from NGOs that worked in Ethiopia at the time, along with those who remember the miseries of the famine which killed hundreds of thousands of people, as well as the gumption Geldof showed by pulling together rock stars from the U.S and Britain to help feed the victims. In the days since, however, Geldof has raised eyebrows for his apparent refusal to acknowledge the possibility that money may have been skimmed off the top, which many aid agencies...