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One participant in negotiations said that the administration's tactic was to present what one described as a "madman theory of the presidency" in which the President is someone to be feared because he was willing to do anything to get his way. The person said this threat was taken very seriously by his firm.

how very nixon of him


What you really meant to say was, "how very George W. Bush of him".




"Chicago to my mind was the only place to be. ... I above all liked the city because it was filled with people all a-bustle, and the clatter of hooves and carriages, and with delivery wagons and drays and peddlers and the boom and clank of freight trains. And when those black clouds came sailing in from the west, pouring thunderstorms upon us so that you couldn't hear the cries or curses of humankind, I liked that best of all. Chicago could stand up to the worst God had to offer. I understood why it was built--a place for trade, of course, with railroads and ships and so on, but mostly to give all of us a magnitude of defiance that is not provided by one house on the plains. And the plains is where those storms come from."

-- E.L. Doctorow
New Don't think your correction is needed
playah haytah! ;-)

Think box's assessment was fairly accurate.
I will choose a path that's clear. I will choose freewill.
     we believe in change, change or we keel you - (boxley) - (30)
         Ok... - (folkert) - (2)
             If they got more than going c7 why did they want to go c7? - (boxley) - (1)
                 Rules and Obligations rather than... - (folkert)
         correction - (lincoln) - (1)
             Don't think your correction is needed - (beepster)
         doubly shocking, of course - (rcareaga) - (3)
             very good point, so buying secured notes is now a bad idea - (boxley) - (2)
                 Ah, "Zimbabwe" - (rcareaga) - (1)
                     you appear to suggest that hedge funds and bond holders - (boxley)
         Yawn. - (Another Scott) - (4)
             How utterly predictable. -NT - (beepster) - (3)
                 Wouldn't want to disappoint. -NT - (Another Scott) - (2)
                     ;-) -NT - (beepster) - (1)
                         ;-) -NT - (Another Scott)
         Right - (jay) - (14)
             WTF you mean bypass the law - (boxley) - (13)
                 The law is hardly ever simple. - (Another Scott) - (11)
                     you are looking at 11 I am refering to 7 -NT - (boxley) - (10)
                         Either way, the secured bondholders wouldn't get 65% - (Another Scott) - (9)
                             I thinmk you are confused slightly - (boxley) - (8)
                                 Maybe. Maybe not. - (Another Scott) - (7)
                                     thats gotta be an lrpd - (boxley) - (6)
                                         Recall that only a few bondholders were holdouts. - (Another Scott) - (5)
                                             whats left are the folks who did cave to the threats - (boxley) - (4)
                                                 Off-the-record paraphrases of their impressions. - (Another Scott) - (3)
                                                     sure, they just made it all up, bad repos -NT - (boxley) - (2)
                                                         It doesn't sound a little over the top to you? - (Another Scott) - (1)
                                                             and from an Obama supporter to boot - (boxley)
                 Legal manuvering - (jay)
         Jane at FDL has more... - (Another Scott)

Holy cow! NONE of us have opposable thumbs!
44 ms