Lame Duck

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Lame Duck

An ineffective trader who is in or near bankruptcy due to a series of bad trades, often over a long period of time. A lame duck has suffered heavy losses, not from a bear market or something similar, but simply due to his/her ineptitude. This is a slightly pejorative term that is most common in Europe.
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Why would any leader want to truly deal with a long term problem with a lame-duck Congress, particularly when the incoming Congress is modestly more in his camp?
Caretaker and lame-duck governments operate in the interim between two executives in parliamentary and presidential systems respectively.
But the ability to travel across the nation in an afternoon has made lame-duck sessions not just possible, but routine.
On Tuesday, Senate and Congressional leaders from both parties met with President Obama to discuss issues before the lame-duck Congress, including an extension of the Bush tax cuts as well as an extension of federal unemployment benefits.
In a statement on Tuesday, he said there is not enough time to act during the lame-duck session, given other unspecified items on the Senate agenda and the ''complex and unresolved issues related to Start and modernization.
The lame-duck session is a time to try to complete action on long-stalled bills.
This post-election season, known as a lame-duck session, gives the 111th Congress one last chance to address legislation before the new, Republican-controlled House convenes under the 112th session in January.
She said she felt that she had a duty to avoid the "unproductive politics-as-usual of a lame-duck session" and that she could do more for Alaska without the restraints of office.
A spokesman for the congressman said the trip had been planned more than a year ago "not anticipating there would be a lame-duck session at all, and if there was, it wouldn't be this late.
Synopsis: As the 110th Congress returns for its final lame-duck session Monday, new Gallup polling shows that only 19% of Americans approve of the job Congress is doing, while about three-quarters disapprove.
officials have noticed that there is a "quiet arrogance" emerging on the part of the Chinese that they need not concede anything on the currency front to the lame-duck Bush Administration.
He is a lame-duck president and - apart from ensuring British lives are not needlessly lost in an unjust and unwinnable war - we should be seeking to build bridges with the moderate politicians who will be in the running to replace him in the next American election.