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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ON THE AFTERNOON of February 11, the Esprit de Corps Commando hockey team took to the ice to play against the foreign military attache team--the Lame Ducks.
Unfortunately for the president, his lame duck status has intensified dramatically," commentator Chris Stirewalt said on a Fox News political talk show here at home.
According to the survey, the most broadly supported item for action in the Lame Duck is approving spending bills, followed closely by the enactment of tax extenders and immigration reform and border control.
Michael Bopp, a Washington-based lawyer who represents the Coalition for Derivatives End-Users, says, "The Coalition is optimistic that the Senate will take up and pass our margin and centralized treasury unit bills during the lame duck session.
Save all that for later: The news right now is that this governor's point of view is prevailing on a couple of big issues that might lie beyond the powers of the average lame duck in state government.
If he gets the authority, it shows that he's not a lame duck, that he still has some power,'' said John Feehery, a Republican strategist and former House GOP leadership aide.
A great deal was accomplished in the lame duck session of 2010, in large part because Democrats and Republicans agreed to compromise.
McKechnie said industry lobbyists continue to work behind the scenes to build support for passage of the bill during the lame duck session; that controversy could be resolved so the combined measure could move forward.
Instead of being a lame duck, let it rise from the ashes and become a phoenix as St Peter's has.
The prospect of such delays helped ensure ratification of the 20th Amendment, supposedly banishing forever the prospect that lame ducks could stall such urgent business as legislation to address the dislocations of the Great Depression.
Unless an extension of unemployment benefits is attached to an eventual deal on the Bush tax cuts, there is little likelihood that it will pass during the lame duck session.
In addition to these human service issues, the lame duck will probably consider--if not act on--several other topics.