10/25/2012 08:23 am ET Updated Dec 25, 2012

Simon Johnson: There's A Dark Side Of Bipartisanship

In Washington today, "bipartisan" is a loaded term. The traditional usage of bipartisan refers to an agreement across the usual political divide -- sometimes a good idea and in many cases the only way to get things done. But a darker meaning applies all too frequently -- to a group in which the members, irrespective of party affiliation, are very close to special interests and work to advance an agenda that helps a few powerful people while hurting the rest of us.

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