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Flotsam and Jetsam

“Recovery” means something other than a steady, predictable improvement in the economy: “The Dow Jones industrial average plunged nearly 1,000 points in afternoon trading before recovering significantly Thursday — but it was enough to sow chaos on Wall Street as traders blamed everything from a technical glitch to chaos in the Greek economy. In Washington, the sudden drop — the biggest within a single trading day in Dow history — underscored just how fragile the nascent recovery could be, as the White House tries to convince the public that signs of growth mean the economy has begun to turn the corner.”

“Transparent” means you have to be taken to court to disclose documents to congressional investigators: “Senate Homeland Security Committee Chairman Joe Lieberman (I-Conn.) and ranking Republican Susan Collins (Maine) on Thursday said they are poised to press their subpoena fight with the Obama administration into court. Lieberman and Collins, speaking separately, both said the Justice and Defense departments have been uncooperative with their efforts to obtain more information about the November 2009 shootings at Fort Hood, Texas, that killed 13 people.”

Reset” means all is forgiven: “President Obama is preparing to revive a civilian nuclear cooperation agreement with Moscow that his predecessor shelved two years ago in protest of Russia’s war on its tiny neighbor, Georgia, administration officials said Thursday. Renewing the agreement would be the latest step in Mr. Obama’s drive to repair relations between the two powers, at a time when he is seeking Moscow’s support for tough new sanctions against Iran. But word of the move has generated consternation in Congress, where some lawmakers were already skeptical of the agreement and now worry that Mr. Obama is giving Russia too much.”

“Awareness of the potential political consequences of the actions” means holy cow — the Democrats are going to get wiped out! Ohio Gov. Ted Strickland: “I think we need to proceed with some awareness of the potential political consequences of the actions that are undertaken here in Washington.”

Civility” means his critics should shut up. “Less than a week after promoting the need to treat others ‘with courtesy and respect,’ the unhappy warrior was at it again yesterday with a misleading attack on the motives of an opponent. Responding to an amendment offered by Senator Richard Shelby to limit the scope of the proposed Consumer Financial Protection Bureau, Mr. Obama said, ‘I will not allow amendments like this one written by Wall Street’s lobbyists to pass for reform.’ Mr. Civility was insulting the gentleman from Alabama, but even if delivered in dignified language, the attack was false.”

ObamaCare” means you’re not going to keep your health-care plan. Yuval Levin explains that “it turns out that several major corporations are drawing up plans to end their employee health benefits once Obamacare gets up and running. They’ve done the math and figured out that the penalty they would have to pay for dropping their workers would be much lower than the costs of continuing to insure them, and now there will be a new taxpayer-subsidized option for those workers to turn to in state exchanges, so why not cut them off?”

For the New York Times,a pragmatist” means a law-school dean (Elena Kagan) who signs an amicus brief arguing that military recruiters can be banned from campuses despite a contrary federal law. “She repeatedly criticized ‘don’t ask, don’t tell,’ the policy that bars gay men and lesbians from openly serving in the military. At one point she called it ‘a moral injustice of the first order.’  She also joined a legal brief urging the Supreme Court to overturn the law that denied federal funds to colleges and universities that barred military recruiters.”



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